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Concrete Admixture Market 2020 By Top Manufacturers Fosroc, Sika, Mapei, CEMEX, RPM International

03-31-2020 08:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insigh, Inc

Concrete Admixture Market

Concrete Admixture Market

The Concrete Admixture Market size was estimated at USD 18.85 billion in 2018 and is projected to surpass USD 30.93 billion by the year 2026.

The global concrete admixtures market is on its way to becoming a lucrative industry vertical in the forthcoming years. Admixtures are natural or manufactured chemicals that are added to the concrete during mixing. These are generally used to give special properties to hardened or fresh concrete.

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Based on the product landscape, the market is segmented into superplasticizers, accelerators, retarders, fly ash, water reducers, air entraining mixture, silicate fume, Synthetic CSH, plasticizers and others. Among these, the superplasticizers segment is set to witness significant gains of more than 6% CAGR owing to its excellent properties that allow reduction in water content by 30% or more without impacting the workability of the concrete. Moreover, it is majorly applicable in placements where well-dispersed particle suspension is required to enhance rheology.
Fly ash concrete admixture could be used as a prime material in most of the cement-based products like brick, concrete block and poured concrete. Fly ash segment to showcase a CAGR of 4.7% over the projected timeframe. Fly ash mixed concrete possesses reduced bleeding and segregation properties as compared to plain concrete. It is finer than cement and is used in making concrete to make it more economical by improving its workability.

Top Companies -

o Sika AG,
o BASF SE,
o Fosroc Ltd.,
o Denka Company Limited,
o GCP Applied Technologies Inc.,
o Cormix International Limited,
o CEMEX Group,
o MAPEI SpA,
o RPM International, Inc.,
o CICO Group, Cementaid (UK) LTD, & more

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Commercial building and construction activities in Latin America is set to witness strong growth in coming years. This is mainly ascribed to economic growth and strong inflow of private investment, which will drive product demand and have positive impact on total market size by 2026.

Citing an instance, 6 highway PPP's were announced back in January 2018, with capital expenditure of $6 billion in the region. Growing private investment, together with strong infrastructure investment by governments is expected to create a compelling opportunity for manufacturers of concrete admixture in the region.

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DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
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