Global Concrete Admixtures Market is Estimated to Reach US$25.3 Billion in 2023, Growing at a CAGR of 9.04% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 5, 2020--
The “Global Concrete Admixtures Market (Water Reducing, Shrinkage Reducing, Corrosion Inhibiting & Set Retarding): Insights, Trends & Forecast (2020-2024)” report has been added to ResearchAndMarkets.com’s offering.
The global concrete admixtures market is estimated to reach US$25.3 billion in 2023, growing at a CAGR of 9.04% for the period spanning from 2019 to 2023.
The factors such as accelerating economy, increasing urban population, rising construction activities are expected to drive the market. However, the growth of the industry will be challenged by rising product prices and the complexity of planning and building regulations. A few notable trends include growing infrastructural development activities, escalating immigration and internal migration and growing use of ready to mix concrete.
The concrete admixtures are segmented into four main product types, which include, Water reducing, Shrinkage reducing, Corrosion inhibiting and Set retarding and Others. In the concrete admixtures market, the water-reducing segment accounted for the highest share in 2019. Increasing building and construction activities and infrastructure projects, growing need for repair and maintenance helped water reducing to remain at top position amongst all the segments.
The fastest-growing regional market in Asia-Pacific due to different housing and entertainment projects in Asia-Pacific countries, such as India, China, and Japan that have a major impact on the growth of the market. The U.S. and Europe are highly established premium markets that contribute to significant shares in the global market. Increasing investment in expanding construction capacity in the U.S. propelled the demand for concrete admixtures.
Scope of the report:
- The report provides a comprehensive analysis of the global concrete admixture market, segmented into Water reducing, Shrinkage reducing, Corrosion inhibiting and Set retarding and Others
- The major regional markets (Asia-Pacific, North America, LAMEA & Europe) have been analyzed, along with country coverage of the U.S., China, and Brazil
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth
- The competitive landscape of the market, along with the company profiles of leading players (Sika AG, BASF SE, RPM International Inc., Ashland, Arkema S.A., and Dow Inc.) are also presented in detail
Key Topics Covered:
1. Market Overview
1.1 Concrete Admixtures
1.2 Functions of Concrete Admixtures
1.3 Types of Concrete Admixtures
1.4 Classification of Chemical Concrete Admixtures
2. Global Market Analysis
2.1 Global Concrete Admixtures Market by Value
2.2 Global Concrete Admixtures Market Forecast by Value
2.3 Global Concrete Admixture Market by Product Type
2.4 Global Concrete Admixture Market by Application
2.5 Global Concrete Admixture Market by Region
3. Regional Market Analysis
3.2 North America
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Accelerating Economy
4.1.2 Increasing Urbanization
4.1.3 Rising Construction Activities
4.2 Key Trends & Developments
4.2.1 Escalating Immigration and Internal Migration
4.2.2 Growing Adoption of Ready Mix Concrete in Developing Countries
4.2.3 Growing Infrastructural Development Activities
4.3.1 Rising Product Prices
4.3.2 Complexity of Planning and Building Regulations
5. Competitive Landscape
5.1 Global Market
5.1.1 Revenue Comparison of Key Players
5.1.2 Market Cap Comparison of Key Players
5.1.3 Global Concrete Admixture Market Share by Company
5.2.1 European Concrete Admixture Market Share by Company
6. Company Profiles
6.1 Sika AG
6.2 BASF SE
6.3 RPM International Inc.
6.4 Ashland Inc.
6.5 Arkema S.A
6.6 Dow Inc.
For more information about this report visit https://www.researchandmarkets.com/r/uw16kj
View source version on businesswire.com:https://www.businesswire.com/news/home/20200305005402/en/
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INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
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PUB: 03/05/2020 06:36 AM/DISC: 03/05/2020 06:36 AM