Concrete Admixtures Market Overview
Concrete Admixtures Market accounted for US$ 19.8 billion in 2024 and is estimated to be US$ 32.3 billion by 2034 and is anticipated to register a CAGR of 5.00%.
Concrete Admixtures are additives which are natural or manufactured chemicals added to the concrete batches to enhance hardened concrete such as durability, workability and final strength. Wide variety of benefits of admixtures is likely to propel market growth.
Growing construction activities across globe at commercial and residential sector has provided lucrative opportunities in market growth. Presence of major players and new launched innovative product has further, facilitated the demand for market growth. Strategic partnerships and acquisitions of companies to expand the business in concrete market and rising demand for sustainable construction activities with use of eco-friendly products is expected to foster the demand for Concrete Admixtures market growth over the forecast period.
Concrete Admixtures Market Dynamics
Growing Construction Industries & Infrastructure Projects to Fuel Market Growth
Rapidly growing population & urbanization and increase in infrastructure projects has boost the construction industries across globe. Huge investment by government and private sectors in infrastructure projects such as roads, commercial & residential buildings, airports, bridges has given rise in construction activities which in turn facilitate the demand for Concrete Admixtures market growth. The beneficial properties of concrete admixture such as in improving workability with low amount of water, reduction in cost of concrete construction and for modifying the properties of hardened concrete has provided excellent choice of admixture for construction industries.
For instance, in July 2023, the Master Builders Solutions signed a contract with Femern Link Contractors A/S to supply concrete admixtures for development in massive project of the world’s longest sunken tunnel ‘Fehmarnbelt’ under the seaway to reduce the journey time from Copenhagen to Hamburg which will take only ten minutes from three hours.
Restrains:
However, high initial cost of advanced concrete admixtures for construction projects has restrained the Concrete Admixtures Market growth. Further, stringent rules & regulations regarding environmental impact and safety and to obtain its certifications is the challenging process for manufacturers which in turn, hampered the Concrete Admixtures Market growth.
Concrete Admixtures Market Segmentation
Concrete Admixtures Market is segmented based on Product Type, Application and Region.
Product Type Insight
- On the basis of Product Type, Concrete Admixtures Market is segmented into Air Entraining Admixtures, Water Reducing Admixtures, Accelerating Admixtures, Waterproofing Admixtures and Others. Water Reducing Admixtures product type segment is expected to dominate the target market growth as it is widely used in construction industries. Further, the mixture becomes dense and offers high strength when amount of water is reduced in concrete mixture and thus, enhance the overall performance by fuelling segment growth.
Application Insights
- On the basis of Application, Concrete Admixtures Market is segmented into Commercial, Residential, Industrial and Infrastructure. The residential application segment is expected to dominate the target market growth. Rapid growth in urbanization, high disposable income and growing demand for residential buildings has boost the segment growth.
Regional Insights:
- On region the Concrete Admixtures Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period. Moreover, rapidly growing population & urbanization, growing economic status, growing investment in infrastructure and housing projects, rapid growth in industrialization & construction activities is anticipated to increase demand for Concrete Admixtures in the region.
Concrete Admixtures Market Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Product Type - Air Entraining Admixtures, Water Reducing Admixtures, Accelerating Admixtures, Waterproofing Admixtures and Others By Application - Commercial, Residential, Industrial and Infrastructure |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Concrete Admixtures Market report based on Product Type, Application and Region:
Concrete Admixtures Market, By Product Type:
- Air Entraining Admixtures
- Water Reducing Admixtures
- Plasticizers
- Super-plasticizers
- Accelerating Admixtures
- Waterproofing Admixtures
- Retarding Admixtures
- Others
Concrete Admixtures Market, By Application:
- Commercial
- Residential
- Industrial
- Infrastructure
Concrete Admixtures Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Concrete Admixtures Market Key Players
The key players operating the Concrete Admixtures Market includes, Sika AG, RPM International Inc., BASF SE, Mapei SpA, GCP Applied Technologies Inc., Rhein-Chemotechnik GmbH, Fosroc International Inc., CHYRSO SAS, Shangdong Wanshan Chemical Co. Ltd., Fritz-Pak Corporation and others.
Concrete Admixtures Market Key Issues Addressed
- In January 2023, CEMEX launched new range of bio-sourced admixtures for reduction of carbon footprint. These newly developed admixtures are natural, locally sourced raw material and renewable. The new range of admixtures are ISOFLEX BIO, ISOPLAST BIO, ISOMILL BIO and ISOFLOW BIO.
- In January 2023, BGS (Bio Graphene Solutions) launched new graphene enhanced admixture for concrete market which help in reducing use of cement and also provides reduction in GHG (greenhouse gas) emissions.
- In February 2022, Euclid Chemical launched three new concrete admixtures at the ‘World of Concrete’ event of building professionals. The new launched ‘EUCOSHIELD’ ready to use liquid admixture is designed to use as integral finishing and also help in preventing rapid moisture loss by binding of internal water in pored structure from concrete surface.
Concrete Admixtures Market Company Profile
- Sika AG*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- RPM International Inc.
- BASF SE
- Mapei SpA
- GCP Applied Technologies Inc.
- Rhein-Chemotechnik GmbH
- Fosroc International Inc.
- CHYRSO SAS
- Shangdong Wanshan Chemical Co. Ltd.
- Fritz-Pak Corporation
“*” marked represents similar segmentation in other categories in the respective section
Concrete Admixtures Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Product Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Air Entraining Admixtures
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Water Reducing Admixtures
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Accelerating Admixtures
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Waterproofing Admixtures
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Application, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Commercial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Residential
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Industrial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Infrastructure
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- South Africa
- Rest of Middle East
- Latin America
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Sika AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- RPM International Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mapei SpA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GCP Applied Technologies Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Rhein-Chemotechnik GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fosroc International Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CHYRSO SAS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Shangdong Wanshan Chemical Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fritz-Pak Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
Concrete Admixtures Market Highlights
FAQs
The Concrete Admixtures Market is segmented into Product Type, Application and Region.
Concrete Admixtures Market is driven by factors like growing construction industries & infrastructure projects.
By region, the Concrete Admixtures Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the Concrete Admixtures Market includes, Sika AG, RPM International Inc., BASF SE, Mapei SpA, GCP Applied Technologies Inc., Rhein-Chemotechnik GmbH, Fosroc International Inc., CHYRSO SAS, Shangdong Wanshan Chemical Co. Ltd., Fritz-Pak Corporation and others.
Concrete Admixtures Market accounted for US$ 19.8 billion in 2024 and is estimated to be US$ 32.3 billion by 2034 and is anticipated to register a CAGR of 5.00%.