Global Concrete Admixtures Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Mineral Admixtures and Chemical Admixtures.

By End-Use Sector ;

Residential, Commercial and Infrastructure.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn410913781 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Concrete Admixtures Market (USD Million), 2020 - 2030

In the year 2023, the Global Concrete Admixtures Market was valued at USD 17,574.56 million. The size of this market is expected to increase to USD 27,310.62 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The global concrete admixtures market is witnessing significant growth driven by advancements in construction technologies and the rising demand for sustainable building materials. Concrete admixtures are chemicals added to concrete during mixing to modify its properties, enhancing workability, durability, and strength. These additives play a crucial role in improving the performance of concrete in various construction applications, ranging from residential buildings to infrastructure projects.

One of the key drivers of market growth is the increasing emphasis on infrastructure development and urbanization across emerging economies. Countries investing heavily in new infrastructure projects, such as roads, bridges, and airports, are driving substantial demand for concrete admixtures. These additives not only improve concrete performance but also reduce water usage and construction time, contributing to overall project efficiency and sustainability.

Technological advancements in admixture formulations are expanding the application scope of concrete admixtures. Manufacturers are focusing on developing innovative products that offer superior properties like high strength, reduced permeability, and enhanced durability. This innovation is crucial in meeting the stringent performance requirements of modern construction projects while addressing environmental concerns through reduced cement consumption.

In addition to technological advancements, regulatory initiatives promoting sustainable construction practices are influencing market dynamics. Governments worldwide are increasingly implementing stringent regulations aimed at reducing carbon emissions and improving infrastructure longevity. Concrete admixtures play a pivotal role in achieving these goals by optimizing concrete mix designs and reducing the environmental impact of construction activities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End-Use Sector
    3. Market Snapshot, By Region
  4. Global Concrete Admixtures Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure development
        2. Growing urbanization trends
        3. Demand for durable concrete structures
        4. Advancements in construction technologies
      2. Restraints
        1. Environmental concerns
        2. Regulatory limitations
        3. High initial costs
        4. Lack of skilled labor
      3. Opportunities
        1. Rising investments in construction projects
        2. Development of sustainable admixtures
        3. Technological innovations in materials
        4. Emerging markets expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Concrete Admixtures Market, By Product Type, 2020 - 2030 (USD Million)
      1. Mineral Admixtures
      2. Chemical Admixtures
    2. Global Concrete Admixtures Market, By End-Use Sector , 2020 - 2030 (USD Million)
      1. Residential
      2. Commercial
      3. Infrastructure
    3. Global Concrete Admixtures Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Sika AG
      3. GCP Applied Technologies Inc
      4. RPM International Inc
      5. Fosroc International Ltd
      6. Mapei S.p.A
      7. CEMEX S.A.B. de C.V
      8. LafargeHolcim Ltd
      9. Dow Chemical Company
      10. Arkema Group
  7. Analyst Views
  8. Future Outlook of the Market