Concrete Admixture Market Analysis, Opportunity, Growth Driver, Application, Regional Demand, Forecasts, 2026
Category: #headlines  By Rahul Varpe  Date: 2020-05-15
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Concrete Admixture Market Analysis, Opportunity, Growth Driver, Application, Regional Demand, Forecasts, 2026

Concrete admixture market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends.

The concrete admixture market is set to grow from its current market value of more than USD 18.85 billion to over USD 30.93 billion, as reported in the latest study. 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.

Set retarding concrete admixtures are used to delay the chemical reaction that takes place when the concrete starts the setting process. These are usually employed to restrict the effect of high temperatures that could fasten the initial setting time of concrete.

Set retarders used in concrete pavement construction allows more time for plastic grooving or texturing of concrete pavements. It empowers further hauling, thereby reducing the cost of relocating central mixing plants. Retarding admixtures also help in reducing cold joints in two-course paving as well as during the event of equipment breakdown.

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Split by product type, the market has been divided into

  1. Superplasticizers,
  2. Accelerators,
  3. Retarders,
  4. Water Reducers,
  5. Air Entraining Mixture,
  6. Fly Ash,
  7. Silicate Fume,
  8. Plasticizers,
  9. Synthetic CSH

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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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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