The global concrete admixture market value is expected to reach USD 33.6
billion by 2025, according to a new report by Grand View Research, Inc. Rising
investment in the hospitality sector is expected to propel the market growth.
Major market players are implementing
growth-through-acquisition strategy to increase their market presence. The
market is observing a rise in strategic mergers among key industry players. For
instance, the key merger of the concrete admixture market in 2016 is the
strategic collaboration of the U.S. based Huntsman Corp and Clariant AG. This
merger is anticipated to create a market value of USD 14 billion.
The concrete admixture is largely used in
the construction processes for the building bridges, arches, tunnels,
buildings, road slabs, and others. The construction sector growth is largely
dependent on the emerging countries. Major events generate big infrastructure
reforms. For example, Brazil witnessed heavy investment in infrastructure
sector to uphold the Olympic games held in 2016. Similarly, Qatar is likely to
see major growth in infrastructure development subjected to upcoming FIFA world
cup in 2022.
The water reducing agents such as
plasticizers and superplasticizers are anticipated to dominate the global
concrete admixture market over the forecast period. The water reducing agents
are used to reduce the water content in the concrete by 5% to 12%. The product
is gaining prominence due to its distinct feature to reduce water content while
maintaining workability of the concrete for easy placement and consolidation.
Full Research Report On concrete admixture market
Analysis: http://www.grandviewresearch.com/industry-analysis/concrete-admixtures-market
Further key findings from the report suggest:
·
The global demand for concrete admixture
market was USD 18.4 billion in 2016 and is expected to grow at a CAGR of around
7.0% over the forecast period to exceed a total revenue of over USD 33.6
billion by 2025.
·
Water reducing agents was the biggest
segment in the market accounting for over 43% of the total revenue in 2016
·
Non-residential and infrastructure was the
largest application segment with a demand of over USD 12.4 billion in 2016,
growing at a CAGR of 6.7%
·
The APAC is expected to be the largest
regional market with a projected CAGR of 8.5% over the forecast period
·
The industry is dominated by a few
multinational corporations such as BASF SE, The Dow Chemical Company, and Sika
AG. Companies are moving towards strategic mergers and acquisition to increase
their international presence and gain significant market share.
View
More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand View Research has segmented the global concrete admixtures market
by type, application, and region:
Concrete Admixture Type Outlook (Volume,
Kilotons, Revenue, USD Million, 2014 - 2025)
·
Water reducing agents
·
Waterproofing agents
·
Accelerating agents
·
Air-entraining agents
·
Retarding agents
·
Others
Concrete Admixture Application Outlook
(Volume, Kilotons, Revenue, USD Million, 2014 - 2025)
·
Residential
·
Non-residential and Infrastructure
Concrete Admixture Regional Outlook
(Volume, Kilotons, Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
France
o
UK
o
Italy
·
Asia Pacific
o
China
o
India
·
Latin America
o
Brazil
·
Middle East & Africa
View
Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-concrete-admixtures-market
About
Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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