Albany, NY -- (SBWIRE) -- 11/08/2017 -- Transparency Market Research has released a new market report titled "Lignosulfonate-based Concrete Admixtures Market - Asia Pacific, Latin America and Middle East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" According to the report, the lignosulfonate-based concrete admixtures market for Asia Pacific, Latin America, and the Middle East together was valued at US$ 98.9 mn in 2014 and is anticipated to reach US$143.1 mn in 2023, expanding at a CAGR of 4.2% from 2015 to 2023.
View Full Report: https://www.transparencymarketresearch.com/asia-pacific-lignosulfonate-based-concrete-admixtures-market.html
In 2014, Asia pacific led the overall market for lignosulfonate-based concrete admixtures due to the high demand for plasticizers and superplasticizers from the construction sector in this region. Over the coming years, Asia Pacific is anticipated to report a higher growth rate than other regional markets over the next few years. The increasing trend of urbanization and industrialization in various Asian countries, such as China and India, and the ASEAN nations is likely to boost the demand for lignosulfonate-based concrete admixtures in this region in the near future.
The Middle East market for lignosulfonate-based concrete admixtures is also projected to expand significantly over the forthcoming years, thanks to the surging demand for these admixtures in Saudi Arabia, Qatar, Kuwait, and the UAE, stimulated by the rise in investments in the building and construction industry for the improvement in infrastructure in these countries. On the other hand, the Latin America market for lignosulfonate-based concrete admixtures will be driven by the upswing in industrialization in the years to come.
At the forefront of the market for lignosulfonate-based concrete admixtures in Latin America, Asia Pacific, and the Middle East are BASF SE, W.R. Grace Co-Conn., Sika AG, Fosroc International, CEMEX S.A.B. de C.V., CICO Technologies Ltd., CHRYSO Group, Mapei International, Sodamco-Weber, and Pidilite Industries Ltd. These players rely heavily on technological advancements for their growth.
Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7072