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Global Concrete Admixtures Market 2020-2024 | Growing Demand for Green Buildings to Boost the Market Growth | Technavio

November 6, 2019 GMT
Global Concrete Admixtures Market 2020-2024 | Growing Demand for Green Buildings to Boost the Market Growth | Technavio
Global Concrete Admixtures Market 2020-2024 | Growing Demand for Green Buildings to Boost the Market Growth | Technavio

LONDON--(BUSINESS WIRE)--Nov 6, 2019--

The global concrete admixtures market size is expected to post a CAGR of over 5% during 2020-2024, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global concrete admixtures market 2020-2024. (Graphic: Business Wire)

The increasing demand for plasticizers is one of the critical factors anticipated to trigger the concrete admixtures market growth during the forecast period. The need for plasticizers is surging in emerging economies including China due to its increasing consumption in the production of special phthalates such as dioctyl phthalate (DOP) and diisodecyl-phthalate or diisononylphthalate (DIDP or DINP). Furthermore, the demand for plasticizers is also increasing in regions such as the Middle East, Africa, and South America, owing to rising infrastructural projects. These factors will drive the demand for concrete admixtures.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40068

As per Technavio, the demand for green buildings will have a positive impact on market growth over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Concrete Admixtures Market: Growing Demand for Green Buildings

Increasing consumer demand for eco-friendly homes and other non-resident projects has pushed the world’s green building market to emerge as a trillion-dollar industry. Moreover, infrastructural construction activities such as colleges, schools, hospitals, and public buildings are expected to rise during the forecast period. Also, countries are looking for tools that can support stable and sustainable economic growth. As a result, the increase in green buildings is further expected to drive the concrete admixtures market growth over the forecast period.

“Apart from the growing demand for green buildings, other factors such as diversified product portfolio, strategic positioning of R&D centers, rapid urbanization, rising disposable income, and growing construction market are expected to boost the concrete admixtures market growth during the forecast period,says a senior analyst at Technavio.

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Concrete Admixtures Market: Segmentation Analysis

This market research report segments the concrete admixtures market by application (residential, commercial, and infrastructure) and geography (APAC, Europe, North America, MEA, and South America).

APAC led the market in 2019, followed by Europe, North America, MEA, and South America, respectively, due to the increasing number of construction projects in economies including India, Vietnam, Indonesia, and Thailand. Furthermore, favorable government policies for foreign direct investments coupled with the wide availability of raw materials and inexpensive labor are contributing to the rising number of constructions of manufacturing plants, in turn, driving the global concrete admixtures market growth during the forecast period.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191106005574/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: ARCHITECTURE CONSTRUCTION & PROPERTY BUILDING SYSTEMS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/06/2019 11:00 AM/DISC: 11/06/2019 11:01 AM

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