Cement Admixture Market Growth, Trends & Forecast to 2026: Top Key Players- BASF SE, Sika AG, Grace & Co., Rpm International Inc., Chryso S.A.S., Mapei S.P.A
This report on the Cement admixture market gives a detailed analysis of the size, share, demand, growth, gross profits, earnings, and revenue of the industry.
New York, NY -- (SBWire) -- 08/09/2019 --It evaluates the data gathered to give an extensive view of the trends and predicts the possible developments in the forecasted duration. For this study, historical data has been collected from the years 2016 and 2017, while taking 2018 as the base year to estimate the rise of the industry in the years 2019 to 2026.
The mixing of fluid cement with a number of fine aggregates results in the formation of concrete. Admixtures are those substances, which are added to the mixture directly or before using it. The global cement/concrete admixture was valued at more than USD 14 billion in 2017 and is expected to expand rapidly during the forecast period. A proper configuration of admixture to concrete can result in benefits such as acceleration or retardation of setting time, improved quality, enhanced finish ability, and control of strength development, among others.
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The Cement admixtures are widely used in residential constructions, complexes, industrial amenities, and infrastructure projects. The increase in infrastructure development projects in emerging economies and the reduction of water usage & construction time are the major driving factor of the market. The World Bank has estimated an investment of nearly USD 900 billion in infrastructure in developing countries until 2030 and favorable policies by the Foreign Direct Investments (FDI) focusing on infrastructural development will provide new opportunities in the coming years. The varying price of the required raw materials and lack of awareness about the benefits of admixture and lack of skilled labor may hinder the growth during the forecast period.
Based on type, water reducer takes up a majority of the market share, followed by the waterproofing segment. In terms of application, the infrastructure segment is expected to witness the highest growth due to the surge in infrastructure projects. It accounted for more 35% of the industry share in 2017. Based on region, Asia Pacific leads the market, controlling over 30% of the industry share in 2017. China is reportedly one of the major consumers of concrete admixture. The Middle East and Africa, especially Oman, Saudi Arabia, and Qatar, was the second-largest region and are expected to show a significant amount of growth in the coming years. North America and Europe are already reaching their market maturity and so will see slow growth during the forecast period.
Some of the key findings from our Cement Admixture market forecast report
The document provides an investigation of the cement admixture market to predict its prospects. The past data is considered from the years 2016 and 2017 while taking 2018 as the base year to estimate the trends in the years 2019 to 2026. The industry has been categorized into different segments based on type as Water Reducer, Waterproofing, Accelerator, Plasticizers, Viscosity Modifier, and based on application as Commercial, Residential, Industrial, Infrastructure, and others to assess their size, share, demand, trends, gross profit, total earnings, and revenue to speculate further aspects. This report also evaluates the competition to derive the individual placements of the key players in the global sector. The information provided here outlines those sectors that are expected to undergo substantial developments in the predicted years to aid the readers in deciphering the most profitable ones for their business. By doing so, it also highlights the future sectors that exhibit significant potential for investment.
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Global Cement Admixture market overview
The global cement/concrete admixture industry is projected to undergo a steady rise in the forecasted period, as observed by the outcome of the analysis provided in this study. The report encompasses the different factors that have a substantial impact on revenue of the businesses profiles the key players that account for a significant share in the global economy of the concrete admixture market.
Key players in the global Cement Admixture market:
The DOW Chemical Company, BASF SE, Sika AG, Grace & Co., Rpm International Inc., Chryso S.A.S., Mapei S.P.A, Pidilite Industries, Fosroc International Ltd, Cico Technologies Ltd., CEMEX SAB de CV.
Market segment based on Type:
- Water Reducer
- Waterproofing
- Accelerator
- Plasticizers
- Viscosity Modifier
- Others
Market segment based on Application:
- Commercial
- Residential
- Industrial
- Infrastructure
Market segment by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Table of Contents:
1 Cement Admixture Market Overview
2 Global Cement Admixture Market Competition by Manufacturers
3 Global Cement Admixture Capacity, Production, Revenue (Value) by Region (2012-2017)
4 Global Cement Admixture Supply (Production), Consumption, Export, Import by Region (2012-2017)
5 Global Cement Admixture Production, Revenue (Value), Price Trend by Type
6 Global Cement Admixture Market Analysis by Application
7 Global Cement Admixture Manufacturers Profiles/Analysis
8 Cement Admixture Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
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