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Chemical & Material Icon

Concrete Admixtures Market – Trends Forecast Till 2030

Concrete Admixtures Market, by Product Type (Superplasticizers, Normal Plasticizers, Accelerating, Retarding, Air-entraining, Water-proofing), End-Use Sectors (Residential, Commercial and Infrastructure), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

  • Published Date : September 2023
  • Base Year Estimate : 2022
  • Report ID : D-CM-CAM-1549
  • Format :
  • Number of Pages : 396
  • Domain : Chemicals & Materials
  1. Chemicals & Materials
  2. Concrete Admixtures Market – Trends Forecast Till 2030
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REPORT SYNOPSIS
Market Snapshot Market Overview Delvens Industry Expert's Standpoint Market Portfolio Key Findings Regional Analysis Competitive Landscape Recent Developments Reasons to Acquire Report Scope
Table Of Content Frequently Asked Questions

Market Snapshot

Market Overview

The global Concrete Admixtures market size was estimated at USD 21.1 billion in 2023 and is projected to reach USD 32.6 billion in 2030 at a CAGR of 5.6% during the forecast period 2023-2030.

Concrete admixtures, whether they be of synthetic or natural origin, are incorporated into the concrete mixing process, either during or prior to it. The primary function of these additives is to confer upon the resultant building structures attributes of corrosion resistance, workability, durability, compressive strength, and finish ability. Given the ever-expanding construction industry, the employment of concrete will continue to rise, thus fueling demand for admixtures. Moreover, with the product's capability to curtail the time required for hardened concrete to cure, accompanied by the rapid development of infrastructure, the market growth is set to flourish throughout the forecast timeframe.

The growth of the market is boosted over the forecast period by the escalating demand for products from the construction industry, as well as the favorable properties of admixtures such as water reduction and durability. Concrete admixtures are either naturally occurring or artificially produced chemicals or additives that are incorporated into the concrete mixing process to improve the characteristics of the concrete, such as its workability, durability, and ultimate strength. Furthermore, the demand for various admixtures is dependent on the characteristics they exhibit and the areas in which they are employed. The market's primary end-user is the construction industry, and as a result, fluctuations in the construction sector may have a direct impact on market growth.

The global market for concrete admixtures was significantly impacted by the COVID-19 pandemic. The construction industry experienced various disruptions, including lockdowns, supply chain interruptions, and project delays, which resulted in a decrease in construction activities. As a result, the demand for concrete admixtures was directly affected, leading to a temporary setback for the market. Nevertheless, as economies progressively recover and construction activities resume, the market is expected to recover with a focus on infrastructure development and sustainable construction practices.

Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The burgeoning emphasis on sustainable and environmentally conscious construction materials, which mitigate carbon emissions, is set to escalate the growth of the concrete admixtures industry. The application of such products facilitates the creation of energy-efficient edifices and diminishes the carbon footprint of concrete. These admixtures augment the potency of concrete, diminish water consumption, and enhance workability, thereby advancing the cause of sustainable construction. Furthermore, governmental directives and regulations for construction materials that underscore quality and performance will accelerate the demand for top-tier concrete admixtures. The perturbation in the construction industry, triggered by governmental restrictions imposed in response to the COVID-19 pandemic, has also exerted a substantial influence on the adoption of concrete admixtures. These factors have led to the expansion of the market and increased demand for Concrete Admixtures solutions.

Market Portfolio

Key Findings

  • The Product Type segment is further fragmented into Superplasticizers, Normal Plasticizers, Accelerating, Retarding, Air-entraining, Water-proofing. The Air-entraining admixtures segment is expected to account for a larger market size during the forecast period. Air-entraining admixtures are utilized for the deliberate introduction and stabilization of microscopic air bubbles within concrete. The inclusion of air entrainment proves to be a highly effective means of enhancing the durability of concrete subjected to freezing and thawing cycles. This method is employed during the mixing process of concrete with water in order to attain uniform dispersion. The incorporation of entrained air within the mixtures also serves to disrupt the continuous formation of capillaries, thereby hindering water flow between cement particles.
  • The End-Use Sectors segment is further bifurcated into Residential, Commercial and Infrastructure. The infrastructure segment is expected to account for a larger market size during the forecast period. owing to an increase in the demand for infrastructure development in the developing countries.
  • The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Asia-Pacific is estimated to account for the largest market share during the forecast period. In Asia-Pacific, this growth is attributed to rapid industrialization and potential market prospects in the region.

Regional Analysis

Asia-Pacific to Dominate the Market

  • Asia-Pacific is estimated to account for the largest market share during the forecast period. In Asia-Pacific, this growth is attributed to rapid industrialization and potential market prospects in the region.
     
  • Moreover, the strong presence of multinational companies and their respective brands are projected to fuel the market growth facilitated by rising infrastructural development in the region.

 

Competitive Landscape

  • BASF SE
  • CHRYSO S.A.S.
  • CICO Technologies Ltd
  • Concrete Additives and Chemicals Pvt. Ltd.
  • Cormix International Limited
  • Fosroc International Ltd
  • Fritz-Pak Corporation
  • Fuclear Technologies Inc.
  • GCP Applied Technologies Inc.
  • Ha-Be Betonchemie
  • Lanya Concrete Admixtures
  • Mapei S.P.A
  • Muhu (China) Construction Materials Co., Ltd.
  • Polisan Kimya San. A.S.
  • Rhein-Chemotechnik GmbH
  • RPM International Inc.
  • Sakshi Chem Sciences Pvt. Ltd.
  • Shandong Wanshan Chemical Co. Ltd.
  • SIKA AG
  • Weber Saint-Gobain