Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Concrete Admixture Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Concrete Admixture Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Concrete
Admixture Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Concrete Admixture Market is offered. In accordance with the report, the global
Concrete Admixture Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Chemicals
included in the concrete during the process of mixing to set forth the
beneficial properties of hardening or softening concrete is referred as
concrete admixtures. Accelerators, retarding agents, air entertaining agents,
water reducers are some of the variants of concrete admixtures. It is strong
and helps is improving durability and workability. The utilization of
admixtures is evaluated and made compatible with job specification,
construction practices, and cementing materials. They skillfully face harsh
construction environments.
Market Drivers
The
rapid pace of urbanization and the migration of population from the rural
regions to the urban regions are positively widening construction activities.
The surge in the middle-class population and their consequent demand for
residential buildings throughout the globe especially in the developing regions
are driving the demand for concrete admixtures in construction activities.
Rapid
Industrialization is a key determining factor in the growth of this market. The
soaring construction of industries and manufacturing firms to satiate the
growing needs of the consumers is charging the concrete admixture market. The
rising construction of the food and beverage industries, healthcare structures
and a wide and numerous variants of end use sectors is fueling the growth of
this market.
The
increasing expenditure in the development of infrastructural facilities like
the development of roads, bridges, and many more coupled with the surging
budget provisioning of the construction of infrastructure is bolstering the
growth of the concrete admixtures market.
Activities
that are aimed at the modernization, modification and reconstruction of
existing and aging infrastructure, and industries complementary to the
development of subsidiary projects and segments of existing branches are
augmenting the growth of this market.
Environmental
concerns are directly and positively encouraging the utilization of concrete
admixtures since it lowers carbon footprint. Government regulations in
environment conservation is favorable to the concrete admixtures market.
Market Restraints
The
raw materials used in the production of concrete admixtures are increasing which
is taking a toll on the growth prospects of this market. Polymer based raw
materials like Polycarboxylate ether are immoderately priced which is
threatening this market.
Owing
to premium price of transportation of the goods which include logistics and
freight charges, the price of concrete admixture is rising thereby impeding the
growth of the market.
The
acute shortage of knowledge and information with regard to the utilization of
concrete admixtures in the unorganized construction sector is hindering the
growth of this market.
The
lack of standardized regulation for the governance of this market is
threatening the growth of this market.
Also,
the deficiency of skilled labor for the proper utilization of concrete
admixtures is hampering the growth prospects of the concrete admixture market.
Opportunities
Rising
population throughout the globe especially in the developing region is
providing initiating the demand for residential buildings and providing ample
opportunities to broaden the application of concrete admixtures.
Industrialization
at a lightening pace is expected to generate the construction of commercial
buildings which is expected to provide lucrative opportunity and flourishing
business in the long run.
Research
and development aimed at the developing the product and diversify the product
portfolio is likely to be a good scope for this market.
Trends
Asia
Pacific region is projected to emerge as the fastest growing region in the
forecast period. Such progress can be traced back to the rapid
industrialization, fast paced urbanization and growing population int his region.
North America is also expected to register significant growth in this market.
Further, the growing population and the aging population and its necessity to
develop a healthcare sector are other factors expected to augment the market in
this region. This is attributable to the location of the dominant players and
their brands in this region and also the rising development of infrastructural
facilities. The water-reducing admixture segmented is projected to witness
significant growth in this market during the forecast period.
Segment Covered:
This market
intelligence report on the global Concrete Admixture Market encompasses market segments based on product type, construction
sector and country.
By
Product Type the global Concrete Admixture Market has been divided into:
q Mineral
Admixture
o Blast
Furnace Slag
o Rice
Husk
o Silica
Fume
o Fly Ash
o Others
q Chemical
Admixture
o Plasticizer
o Shrinkage
Reducing Admixture
o Viscosity
Modifier
o Air
Entraining Admixture
o Accelerator
o Retarder
o Water
Reducer
o Others
By Construction Sector the global Concrete
Admixture Market has been divided into:
q Industrial
q Commercial
q Residential
q Infrastructural
By country/region,
the global Concrete Admixture Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q BASF SE
q Sika AG
q Fosroc
Inc
q Mapei
SpA
q RPM
International Inc
q CHYRSO
SAS
q CEMEX
Group
q CICO
Group
q Denka
Company Limited
q Cormix
International Limited
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Concrete Admixture Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
BASF SE
In January 2018,
X-SEED 55 was launched by BASF SE. It is a new technology of concrete admixture
which has improved durability and strength.
Sika AG
In November
2017, an admixture plant of Sika AG was set up at Tanzania. The prime objective
behind this set up was the establishment of a local supply chain in
Africa.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Concrete
Admixture Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Concrete Admixture Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Concrete Admixture caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Concrete
Admixture Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Concrete Admixture Market
v
Identification
of key factors driving investment opportunities in the Concrete
Admixture Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants