Strong need to revamp the construction
industry in Europe and North America to promote sustainable construction
practices will help make significant gains to the concrete
admixture market size by 2024.
Strong demand of concrete admixtures in the
emerging economies of Middle East & Asia-Pacific coupled with rise in
spending on infrastructure activities globally will drive the concrete
admixtures market. For instance, UAE has been making considerable investment in
constructing ports. The Khalifa port is itself valued at USD 24 billion which
will boost the demand of concrete admixtures. These trends are probable to make
subsequent influence on concrete admixture market size by 2024. Additionally,
growing urbanization rate in the Asia Pacific is another major factor which
will help achieve promising gains to concrete additive market size by 2024.
These products possess exceptional properties, such as high workability,
reduced water cement proportion which makes it preferable across construction
sector.
Strong need to revamp the construction
industry in Europe and North America to promote sustainable construction practices
will help make significant gains to the concrete admixture market size by 2024.
Limited product responsiveness across unorganized construction industry along
with unavailability of trained labor are probable to impede the concrete
admixture market size by 2024. However, rising need to conserve water resources
will generate plentiful opportunities for product which in turn will propel
concrete additive market size by 2024.
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Browse key
industry insights spread across 450 pages with 532 market data tables & 30
figures & charts from the report, “Concrete Admixture Market Size By
Product (Superplasticizers, Accelerators, Retarders, Water Reducers, Air
Entraining Mixture, Fly Ash, Silicate Fume), By Application (Residential, Non-residential,
Commercial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany,
UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia,
Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth
Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”
Water reducer
concrete admixture accounted for more than 50% of the overall market size in
2016. This is mainly attributed to its superior properties which helps in
creating slumps at lower water cement ratio and henceforth results in improving
concrete properties for its application under difficult conditions including
bridge decks, patching concrete, low slump concrete overlays, etc. Some of the
commonly used water reducers are lignosulfonic acids, hydroxylated carboxylic
acid, etc. their salts and derivatives. Consistently advancing admixture
technology to improve the concrete performance has resulted in development of
mid-range water reducers which will drive the concrete admixture market size by
2024.
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complete Report of this report @ https://www.gminsights.com/industry-analysis/aerial-work-platform-awp-truck-market-report
Concrete
admixture market size for commercial applications is projected to rise at a
CAGR of more than 9% by 2024 fueled by rise in infrastructure activities in
developing economies such as bridges, tunnels, airports, roads, warehouses,
manufacturing facilities, etc. For instance, government of India have announced
spending USD 59 billion to modernize its infrastructure in the coming years
which will make noteworthy contribution to the overall concrete admixture
market size by 2024.
Middle East
& Africa concrete admixture market size is likely to grow at a CAGR of more
than 9.5% by 2024. Governments of Oman, Qatar, Saudi Arabia have been making
huge investment to improve the overall infrastructure of the region and shift
from oil-based economy.
Concrete admixture market share is exceedingly
consolidated, with prominent players accounting for over half of the total
business size in 2016. The major players include CEMEX, BASF, RPM
International, Bostik, CICO Group, Sika, MAPEI, Dow, FOSROC, Euclid Chemical
and Cementaid. The players are expanding their volume to fulfill the growing
product demand in the world. For example, in November 2017, Sika launched a new
concrete admixture manufacturing plant in Ethopia to fulfill the growing
admixture demand regionally.
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Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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