Global Concrete Admixtures Market (2021 to 2026) – Featuring BASF, Sika and Yara International Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Concrete Admixtures Market (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
Concrete Admixtures Market size is forecast to reach $24.5 billion by 2026, after growing at a CAGR of 7.7% during 2021-2026.
With the rise in the construction sector, the demand for concrete admixtures industry is expected to grow during the forecast period. Concrete admixtures are added to the concrete that can help control the set time and other aspects of fresh concrete. Few of the common admixtures includes accelerating admixtures, retarding admixtures, air entraining admixtures, and others. The growing public interest towards housing its repair works will further enhance the overall market demand for concrete admixtures industry for the period.
Whereas, calcium chloride was present in the concrete admixtures and later on added to the concrete, which helps the concrete to sets quickly. However steel corrosion in concrete is attributable to calcium chloride. So, there is fear or hesitation among the contractors while mixing the concrete admixtures in the concrete as there is a chance of corrosion, owing to this the quality of work comes into question and hence calcium chloride has high risk of corrosion which will restrain the market growth for concrete admixture.
COVID-19 Impact
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least five months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of concrete admixtures manufacturers and vendors. However, the negative impact of COVID-19 on concrete admixtures to be compensated over the medium to long term future period. In addition, the pandemic has forced builder and contractors to delay or cancel various construction projects which has led to a million and billions of losses. According to the American Road & Transportation Builders Association (ARTBA) infrastructure projects totaling more than $9.6 billion have been either delayed or cancelled in the midst of the COVID-19 pandemic.
Concrete Admixtures Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the concrete admixtures market. Major players in the concrete admixtures Market are BASF SE (Master Builders Solutions), Sika AG, Yara International, Normet Group, CEMEX S.A.B. de C.V., Bostik, Chryso, GCP Applied Technologies Inc., Euclid Chemicals, Fosroc Inc., Mapei, PCC Group, Dow Chemical Company, CICO Group, Ak-Kim Kimya San. ve Tic. A.S., IKSA BETON ve YAPI KIMYASALLAR, Polisan Kimya San. A.S., Lyksor Kimya, among others.
Acquisitions/Technology Launches
- In May 2019, Sika acquired Parex. Sika strengthened its position in construction chemicals with the help of this acquisition.
- In March 2019, BASF launched an innovative strength-enhancing admixture solution Master X-Seed STE for the construction industry, which significantly improves both early and late-age strength development in concrete. It helps make production of concrete more efficient.
Key Topics Covered:
1. Concrete Admixtures Market- Market Overview
1.1 Definitions and Scope
2. Concrete Admixtures Market – Executive Summary
2.1 Key Trends by Admixture type
2.2 Key Trends by End Use
2.3 Key Trends by Geography
3. Concrete Admixtures Market – Comparative analysis
3.1 Market Share Analysis- Major Companies
3.2 Product Benchmarking- Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Concrete Admixtures Market – Market Forces
4.1 Market Drivers
4.2 Market Constraints
4.3 Porters Five Force Model
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Powers of Buyers
4.3.3 Threat of New Entrants
4.3.4 Competitive Rivalry
4.3.5 Threat of Substitutes
5. Concrete Admixtures Market – Strategic Analysis
5.1 Value/Supply Chain Analysis
5.2 Opportunity Analysis
5.3 Product/Market Life Cycle
5.4 Distributor Analysis – Major Companies
6. Concrete Admixtures Market – By Admixture Type (Market Size -$Million/KT)
6.1 Water Reducing
6.2 High Range Water Reducing
6.3 Accelerators
6.4 Alkali/Alkali Free
6.5 Air Entraining
6.6 Water Resisting
6.7 Admixtures for Mortors & Grouts
6.8 Retarding Admixtures
6.9 Others
7. Concrete Admixtures Market – By End Use (Market Size -$Million/KT)
7.1 Residential Construction
7.1.1 Independent homes
7.1.2 Row homes
7.1.3 Large apartment buildings
7.2 Commercial Construction
7.2.1 Hospitals and Healthcare Infrastructure
7.2.2 Educational Institutes
7.2.3 Hotels and Restaurants
7.2.4 Banks and Financial Institutions
7.2.5 Airports
7.2.6 Hyper and Super Market
7.2.7 Shopping Malls
7.2.8 Others
7.3 Industrial Construction
7.4 Infrastructure
7.4.1 Tunnels and Mining
7.4.2 Dams
7.4.3 Bridges
7.4.4 Roads
7.4.5 Others
8. Concrete Admixtures Market – By Geography (Market Size -$Million/KT)
8.1 North America
8.2 Europe
8.3 Asia-Pacific
8.4 South America
8.5 Rest of the World
9. Concrete Admixtures Market – Entropy
9.1 New Product Launches
9.2 M&As, Collaborations, JVs and Partnerships
10. Concrete Admixtures Market Company Analysis
10.1 BASF SE (Master Builders Solutions)
10.2 Sika AG
10.3 Yara International
10.4 Normet Group
10.5 CEMEX S.A.B. de C.V.
10.6 Bostik
10.7 Chryso
10.8 GCP Applied Technologies Inc.
10.9 Euclid Chemicals
10.8 Fosroc Inc.
10.11 Mapei
10.12 PCC Group
10.13 Dow Chemical Company
10.10 CICO Group
10.15 Ak-Kim Kimya San. ve Tic. A.S.
10.16 IKSA BETON ve YAPI KIMYASALLAR
10.17 Polisan Kimya San. A.S.
10.18 Lyksor Kimya
For more information about this report visit https://www.researchandmarkets.com/r/6tvsqf
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
