Concrete Admixture Market 2022 | Current and Future Demand Analysis, Growth and Forecast by 2032, FMI

Concrete Admixture Market

The global concrete admixture market is expected to reach a value of US$ 15.1 Bn in 2022. With a steady CAGR of 6.1%, the market will reach US$ 27.4 Bn by 2032. Notable rise in the use of concrete admixture in concrete formulations for the construction of industrial, residential, and commercial structures is anticipated to expand the concrete admixture market.

Attribute Key Statistics
Global Concrete Admixture Market Estimated Size (2022E) US$ 15.1 Bn
Projected Market Valuation (2032F) US$ 27.4 Bn
Value-based CAGR (2022-2032) 6.1%
Collective Value Share: Top 3 Countries (2022E) 51%

Rising infrastructural needs of emerging economies, accelerated urbanization, and increasing government initiatives in the construction sector will push the construction market. This will culminate in a rise in the demand for concrete admixture.

Construction sites have high water requisites. Since it is difficult to have constant and easy access to water, water-reducing admixtures like plasticizers and superplasticizers are in high demand. Apart from removing water from concrete, plasticizers provide strength, durability, and a strong bridge between concrete and steel. Plasticizers also aid in reducing cracking, segregation, and bleeding which promotes growth. All these properties promote the growth of the market.

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“High adoption rates of ready-mix concrete and precast concrete are likely to fuel demand for admixtures like superplasticizers. This will definitely boost growth in the concrete admixture market over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • Plasticizers and superplasticizers will dominate the concrete admixture market.
  • High demand for fast-setting concrete admixtures will propel market expansion.
  • India noted a rise in demand for liquid concrete admixture.
  • Concrete admixture market in India is predicted to exhibit a CAGR of 8.5%
  • Rapid expansion of the construction industry in China will boost the market possibilities for the Asia Pacific.
  • By application, residential segment will account for 62.3% market share during the forecast period.

Competitive Landscape 

BASF SE, SIKA AG, GCP Applied Technologies, RPM International Inc., Fosroc International, Mapei S.P.A, CICO Technologies, CHRYSO S.A.S, Pidilite Industries Ltd, Rhein-Chemotechnik GmbH, Weber Saint-Gobain, Polisan Kimya San. A.S, Shandong Wanshan Chemical Co. Ltd., CEMEX SAB de CV, and others are some of the major players in the concrete admixture market that are profiled in the full version of the report.

In a competitive market, major players in the global concrete admixture market are focused on employing alternative distribution channels. These organizations are investing in research and development activities so as to innovate their existing product line and make it more eco-friendly.

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Concrete Admixture Market Outlook by Category

By Type:

  • Accelerating Admixture
  • Air Entraining Admixture
  • Retarding Admixture
  • Water Reducing Admixture
    • Plasticizers
    • Superplasticizers
  • Water Proofing Admixture
  • Others

By Application:

  • Residential
  • Infrastructure
  • Commercial
  • Industrial

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

to be continued…!

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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