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The concrete admixtures market size is forecast to increase by USD 3.77 billion at a CAGR of 4.46% between 2023 and 2028. The market is witnessing significant growth due to the rise in global construction and infrastructure development activities, driven by financially stable manufacturers supplying innovative solutions. The increasing disposable income of people globally is leading to an uptick in residential construction, resulting in a higher demand for concrete admixtures, particularly waterproofing admixtures, to prevent leaks, dampness, and mold, which can cause potential structural damage and health hazards. In the residential sector, concrete admixtures serve as preventive measures against shrinkage and water penetration, ensuring the durability of structures. In the non-residential sector, infrastructure projects, manufacturing plants, pre-cast concrete, sprayed concrete, and ultra-high performance concrete applications require concrete admixtures for enhanced structural properties and improved durability. Key trends include the development of advanced additives for addressing environmental concerns and improving the sustainability of concrete structures.
The market is experiencing significant growth due to the increasing infrastructure development in various sectors. These admixtures play a crucial role in enhancing the structural properties of concrete used in roads, bridges, tunnels, buildings, urban landscapes, and residential, commercial, and industrial structures. Pre-cast concrete and sprayed concrete are popular applications for concrete admixtures, particularly in the construction of infrastructure projects. Ultra-high performance concrete (UHPC) is a high-performance concrete that utilizes various admixtures such as water-reducing admixtures, accelerating admixtures, waterproofing admixtures, and viscosity modifiers. These admixtures help improve the durability, strength, and modular ratio of UHPC, making it an ideal choice for infrastructure development.
Industrial and institutional buildings also utilize various concrete admixtures such as accelerators, air entraining admixtures, retarders, and shrinkage reducing admixtures to enhance the structural properties of concrete. New housing units are also benefiting from the use of concrete admixtures to improve the durability and strength of concrete used in construction. Overall, the market is expected to grow significantly due to the increasing demand for infrastructure development and the need for high-performance concrete in various applications.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The clubs segment is estimated to witness significant growth during the forecast period. The global population is projected to expand significantly over the upcoming years, reaching approximately 8 billion in 2022, according to The World Bank's latest report. This demographic trend, coupled with increasing urbanization, is fueling the demand for new residential structures, particularly in high-density regions such as Asia Pacific (APAC) and North America. Concrete admixtures play a crucial role in various residential applications, including flooring (designer flooring, mosaic tiles, paver tiles, and marble flooring) and walls (Stonecrete, Grit Wash, and Tyrolean). These admixtures contribute to enhancing the properties of concrete, such as workability, retardation, and air entrainment, which are essential for sustainable construction practices.
Rheology, porosity, and carbon emissions are essential considerations in the production and application of concrete admixtures. Sustainability and environmental concerns are increasingly important in the construction industry, leading to the adoption of SCMs, or sustainable cementitious materials, and the reduction of carbon footprints. Petrochemical products, such as plasticizers, are being replaced with eco-friendly alternatives to minimize environmental impact. In high-temperature zones, the use of high-performance concrete admixtures is essential to prevent issues like bleeding, segregation, and honeycombing. Admixtures also help improve the hydration rate, ensuring the durability and strength of concrete structures. Air entraining mixtures are essential for enhancing the workability of concrete in cold temperatures and reducing the risk of cracking.
In summary, the global population growth and urbanization trends are driving the demand for new residential construction projects, particularly in APAC and North America. Concrete admixtures are indispensable in these projects due to their role in enhancing concrete properties, promoting sustainable construction practices, and addressing challenges like rheology, porosity, and carbon emissions.
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The residential segment accounted for USD 7.12 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 56% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is experiencing significant growth due to the increasing construction activities in Asia Pacific (APAC), particularly in countries like India, Vietnam, Indonesia, and Thailand. These nations are witnessing a surge in infrastructure development, which is anticipated to continue throughout the forecast period. Factors such as porosity, rheology, and sustainability are crucial considerations in the concrete industry. Sustainable construction practices are gaining importance due to environmental concerns and carbon emissions. Sustainable construction materials (SCMs) are being increasingly used to reduce carbon footprints and minimize the use of petrochemical products. Admixtures play a vital role in enhancing the properties of concrete, such as workability, bonding, and resistance to cracking, honeycombing, segregation, and bleeding.
Air entraining mixtures are essential in high-temperature zones to prevent concrete from cracking due to thermal stress. Retarders are used to slow down the hydration rate, allowing more time for placing and finishing the concrete. The use of eco-friendly admixtures, such as natural polymers and nano-silica, is becoming increasingly popular to address environmental concerns. Overall, the market is expected to grow steadily due to the increasing construction activities and the demand for sustainable and eco-friendly solutions.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rise in global construction and infrastructure development activities is the key driver of the market. The market is poised for growth due to the surge in building construction and infrastructure development activities worldwide. In the US, the economic recovery and increasing optimism among homebuyers have led to an uptick in residential construction projects. Additionally, the US government's investment in infrastructure projects, driven by urbanization, has further fueled market growth. According to the US Census Bureau, construction spending in the country reached USD 2,102 billion in January 2024. Concrete admixtures, including water-reducing, accelerating, retarding, and air-entraining types, play a crucial role in enhancing the performance of concrete in various applications. These admixtures help in reducing the modular ratio, improving fluidity, and ensuring better workability, thereby reducing material waste during construction activities.
Contractors rely on construction chemicals, such as concrete admixtures, to meet engineering specifications and ensure high-quality building materials, including aggregates and cement, are used efficiently in both residential and large-scale infrastructure projects.
Rising disposable income of people globally is the upcoming trend in the market. The economic growth in countries such as India, Vietnam, Malaysia, China, and Qatar has resulted in significant increases in consumer disposable income and urbanization. This trend has been observed in both developing and developed economies, with per capita incomes in China reaching USD 20,000-USD30,000 and the US around USD 70,000-USD 80,000 in 2022. With enhanced purchasing power, individuals are investing more in residential and non-residential infrastructure projects. This spending is anticipated to boost the global construction industry, creating a favorable environment for the market during the forecast period. Concrete admixtures, including water-reducing, accelerating, retarding, and air-entraining types, are essential construction chemicals used to enhance the properties of concrete, such as workability, strength, and durability.
These admixtures are added to concrete mixtures consisting of aggregates, cement, and water to improve their performance. In residential constructions and engineering specifications for infrastructure projects, high performance concrete is increasingly being used to meet the demands of modern construction activities and infrastructural development. Consequently, The market is poised for growth during the forecast period.
Fluctuations in raw material prices is a key challenge affecting the market growth. Concrete admixtures are essential components used in the production of high-performance concrete, with two primary categories: chemical and mineral admixtures. Chemical admixtures, such as water-reducing admixtures, accelerating admixtures, and retarding admixtures, are derived from petroleum-based raw materials. The market relies heavily on the oil and gas industry for the procurement of these raw materials. Crude oil price fluctuations significantly impact the cost of raw materials and, consequently, the pricing of concrete admixtures. According to the US Energy Information Administration (US EIA), the global crude oil market has experienced volatility since 2014, posing a significant challenge for the concrete admixtures industry.
Contractors and construction activities in residential constructions, engineering specifications, infrastructure projects, and infrastructural development depend on the availability and cost-effectiveness of these construction chemicals, including concrete admixtures. Aggregates, cement, and reinforced fibers are other essential building materials that benefit from the use of concrete admixtures. The fluidity and workability of concrete are enhanced through the addition of these admixtures, ensuring efficient construction activities and minimizing material waste.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Arkema Group - The company that offers concrete admixtures is a dynamic and growing one, with key players continually innovating to meet the evolving needs of the industry.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Concrete admixtures play a crucial role in ensuring the reliability and durability of concrete structures in the face of infrastructure development and harsh environmental conditions. These structures include roads, bridges, tunnels, buildings in urban landscapes, and various sectors such as residential, commercial, and industrial. Infrastructure projects, including infrastructural development of roads, bridges, and tunnels, require concrete solutions that can withstand water damage, minor earthquakes, and environmental impact. Financially stable manufacturers provide waterproofing admixtures to prevent leaks, dampness, and mold, ensuring potential structural damage is minimized for construction workers and contractors. The residential sector, particularly residential construction, benefits from concrete admixtures that enhance structural properties, such as workability strength, shrinkage, water penetration, and water-to-cement ratio.
These admixtures also improve fluidity, rheology, and porosity, ensuring long-term durability and sustainability. Construction chemicals, including concrete admixtures, are essential building materials alongside aggregates, cement, reinforced fibers, and engineering specifications. The use of additives, such as pre-cast concrete, sprayed concrete, and ultra-high performance concrete, enhances the structural properties and durability of various construction activities. Environmental concerns and sustainability are increasingly important factors in the concrete industry. Manufacturers focus on reducing carbon emissions and implementing sustainable construction practices, such as SCMs, while minimizing material waste and adhering to strict government regulations. Concrete admixtures are vital for various sectors, including infrastructure projects, manufacturing plants, and the service sector, ensuring high performance concrete and preventing issues like cracking, honeycombing, segregation, and bleeding. The use of air entraining mixtures, retarders, and accelerators contributes to the overall success of construction projects.
Market Scope |
|
Report Coverage |
Details |
Page number |
150 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.46% |
Market growth 2024-2028 |
USD 3.77 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.27 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 56% |
Key countries |
China, US, India, Russia, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Arkema Group, Armstrong Chemicals Pvt. Ltd., BASF SE, CEMEX SAB de CV, CICO Group, Compagnie de Saint Gobain, Dow Chemical Co., GCP Applied Technologies Inc., Henan Kingsun Chemical Co. Ltd., JMH International Ltd., Kao Corp., Mapei SpA, MC-Bauchemie Muller GmbH and Co. KG, PCC SE, Pidilite Industries Ltd, Premier Magnesia LLC, RPM International Inc., Sika AG, Silica Systems Inc., and Yara International ASA |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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