Loading...
Cart
0

Concrete Admixtures Construction Chemical Market is Expected to Reach $16,324 million, Globally, by 2023

 
 

quote Admixtures offer high workability, high compressive strength, durability, watertight, wear resistant, and high finish for the complex modern structures, which is expected to drive the growth of concrete admixture market. quote

Eswara Prasad
Team Lead, Chemicals & Materials at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, Concrete Admixtures Construction Chemical Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2015-2023, the global concrete admixtures construction chemical market was valued at $11,027 million in 2016, and is projected to reach at $16,324 million by 2022, growing at a CAGR of 5.7% from 2017 to 2023.

Access Full Summary at: https://www.alliedmarketresearch.com/concrete-admixtures-construction-chemical-market

Concrete admixtures construction chemical are ingredients other than water, aggregates and cement, which are used to modify the properties such as, heat of hydration, accelerate or retard setting time, workability, water reduction, dispersion and air-entrainment, impermeability, and durability factors. Concrete admixtures are available as mineral and chemical admixtures.

Rapid growth of construction industry due to change in lifestyle patterns in emerging countries such as China, India, Brazil, Middle East, and Africa, owing to the rapid economic development and increase in disposable income has fueled the growth of concrete admixtures market. Moreover, fast adoption of latest manufacturing standards globally is expected to increase the penetration level of concrete admixtures.

Chemical admixtures are chemical additive use to enhance the properties of concrete. It may be used for various purposes such as, to accelerate and retard the rate of curing, and for reducing the water content in the concrete mix. It is also used as corrosion inhibitors, shrinkage control, alkali-silica reactivity inhibitors, and coloring agents in concrete.

According to Eswara Prasad, Team Lead, Chemicals & Materials at Allied Market Research, Admixtures offer high workability, high compressive strength, durability, watertight, wear resistant, and high finish for the complex modern structures, which is expected to drive the growth of concrete admixture market.

Lack of awareness of the long-term benefits of concrete admixtures in contrast to the inexpensive substitutes and lack of benchmark regulations globally lead to sub-standard building guidelines, which is expected to hamper the growth of the market. Increase in government initiatives regarding energy conservation and sustainable infrastructure are expected to open new avenues during the forecast period.

Key Findings of the Concrete Admixtures Construction Chemical Market

  • LAMEA is expected to continue the lead in the market in terms of value during the forecast period, followed by Asia-Pacific
  • Chemical admixtures segment generated the highest revenue and is projected to grow at a highest CAGR during the forecast period.
  • Residential is the largest application segment in concrete admixtures construction chemical market, registering a significant CAGR during the forecast period.
  • LAMEA accounted for approximately one-third share in concrete admixtures construction chemical market in 2016.
  • The concrete admixtures construction chemical market in Asia-Pacific is anticipated to grow at the highest CAGR from 2017 to 2023.
  • Asia-Pacific and LAMEA collectively contributed approximately three-fifths of market share in the global concrete admixtures construction chemical market by revenue in 2016.

The key players operating in the global concrete admixtures market are BASF SE, Arkema SA, Ashland Inc., Fosroc International Limited, Mapie S.p.A, Pidilite Industries, RPM International Inc., Sika AG, The Dow Chemical Company, and W.R. Grace & Company.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Abhinav Rautela
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
mediacommunications@alliedanalytics.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Concrete Admixtures Construction Chemical Market by Type (Mineral and Chemical) and Application (Residential, Commercial, Infrastructure, and Repair Structure) - Global Opportunity Analysis and Industry Forecast, 2015-2023 quote

View Report
 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Concrete Admixtures Construction Chemical Market"
Purchase Enquiry