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Concrete Admixtures Construction Chemical Market: Trends, Strategies, and Market Size

The global concrete admixtures construction chemicals market is segmented based on type, application, and geography

Posted: Thursday, November 09, 2017 at 6:58 PM CST

Portland, OR -- (SBWire) -- 11/09/2017 --According to a new report published by Allied Market Research, titled, Concrete Admixtures Construction Chemical Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2015-2023, the global concrete admixtures construction chemical market was valued at $11,027 million in 2016, and is projected to reach at $16,324 million by 2022, growing at a CAGR of 5.7% from 2017 to 2023.

Concrete admixtures construction chemical are ingredients other than water, aggregates and cement, which are used to modify the properties such as, heat of hydration, accelerate or retard setting time, workability, water reduction, dispersion and air-entrainment, impermeability, and durability factors. Concrete admixtures are available as mineral and chemical admixtures.

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Rapid growth of construction industry due to change in lifestyle patterns in emerging countries such as China, India, Brazil, Middle East, and Africa, owing to the rapid economic development and increase in disposable income has fueled the growth of concrete admixtures market. Moreover, fast adoption of latest manufacturing standards globally is expected to increase the penetration level of concrete admixtures.

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Chemical admixtures are chemical additive use to enhance the properties of concrete. It may be used for various purposes such as, to accelerate and retard the rate of curing, and for reducing the water content in the concrete mix. It is also used as corrosion inhibitors, shrinkage control, alkali-silica reactivity inhibitors, and coloring agents in concrete.

Concrete Admixtures Construction Chemicals Market Key Segments

By Type

-Mineral Admixtures
-Chemical Admixtures

By Application

-Residential
-Commercial
-Infrastructure
-Repair Structures