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Concrete Admixture Market Detailed Growth Analysis by Regional Players from 2019 to 2024

Author : Rahul Varpe | Published Date : 2019-10-14 

Concrete Admixture Market report, added by Global Market Insights, unveils the current & future growth trends of this business sphere in addition to outlining details regarding the myriad geographies that form a part of the regional spectrum of Concrete Admixture industry. Intricate details about the supply & demand analysis, contributions by the top players, and market share growth statistics of the industry are also elucidated in the report.

Air entraining concrete additive market is projected to witness gains of more than 8.5% by 2024. Air entraining mixture creates air bubble in the concrete which act as rollers and helps in improving the workability. These admixtures are also very effective in freeze thaw cycles and provide cushion effect on the expanding water while concreting in cold climate. The application of this admixture on hardened concrete is quite complex to attain the correct level of air pressure. It improves concrete structure durability by enhancing its firmness and cohesion which will help augment product demand, and subsequently will drive concrete admixture market by 2024.

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Concrete Admixture Market is forecast to exceed USD 38 billion; according to a new research report by Global Market Insights. Sturdy rise in the construction sector, mainly in India, China, Indonesia and Malaysia is attributed to industrialization and urbanization in these regions, which is probable to make significant impact on the concrete admixture market during the forecast period. For instance, in India USD 2.4 billion project is currently under progress to build the Navi Mumbai International Airport which commenced in March 2015 and is expected to be completed till 2019.

Latin America Concrete Admixture Market is probable to witness gains close to 8% during the forecast period. Countries including Colombia, Argentina, Bolivia, Peru, Chile and Uruguay strongly need to improve their infrastructure including roads, houses, bridges, etc. Government in the aforementioned countries are making substantial investment in the construction sector. For instance, in Bolivia, an investment of around USD 588 million has been made for developing a road stretch of 493 km. Several other development projects in the region will advance the concrete admixture market during the forecast timeframe.

Concrete admixture market by application:

  • Residential
  • Non-residential
  • Commercial

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The major concrete admixture market share is divided among RPM International, BASF, Bostik, CEMEX, CICO Group, MAPEI, Sika, Euclid Chemical, Dow, Cementaid and FOSROC. The abovementioned organizations are spending heavily on their R&D to expand their range of available products. For instance, Sika Group had launched a sustainable admixture named Sika Viscocrete GR 5000 in Qatar in 2016. It is mainly due to the green initiative policies being adopted in Europe to achieve more cost effective and environment friendly construction techniques.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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