Concrete Admixture Market Share, Demand by Regions, Recent Trends, Growth Insights, Top Players, Industry Revenue

The concrete admixture market is expected to gain a significant growth impetus in coming years due numerous restructuring as well as remodeling activities, growing product demand across non-residential sectors, and high use of silica fume material.
Concrete admixtures are known as manufactured or natural additives or chemicals added during concrete mixing to improve specific properties of the hardened of fresh concrete, like durability, workability, or initial and final strength.
The concrete admixture market is segmented in terms of product, application, and regional landscape.
With respect to product, the market for concrete admixture market is categorized into synthetic CSH, plasticizers, silicate fume, fly ash, air entraining mixture, water reducers, retarders, accelerators, superplasticizers, and others. Accelerators segment will exhibit 5.1% CAGR over the forecast time period. These accelerating admixtures surge the rate of early strength development, lessens the time required for proper curing and protection, and also accelerates the beginning of finishing operations.
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Accelerating type of admixtures are beneficial for modifying the properties of concrete in cold weather. The demand for such admixture is high in those regions having cold climatic conditions. The air entraining mixture segment is projected to show around 5.7% CAGR through the analysis timeline.
The fly ash segment is slated to grow at a CAGR of 4.7% over the analysis timeline. Fly ash mixed concrete have reduced bleeding as well as segregation properties in comparison to plain concrete. It is much finer than cement and is utilized in making concrete to make it more economical by enhancing its workability.
Meanwhile, silica fume segment will witness considerable demand over the coming time period as well. The material is a byproduct of producing ferrosilicon alloys or silicon metal. It is an extremely effective pozzolanic material which is known to enhance concrete properties like dense concrete, abrasion resistance, compressive strength, and bond strength among others.
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The use of plasticizers product segment in the construction industry has been experiencing healthy growth over the past several years. This is owing to its properties like reducing water to cement ratio with increased workability.
In addition, synthetic CSH segment is anticipated to showcase a CAGR of over 7.9% through the forecast period. The product is recently launched concrete admixture and manufactured by very few notable companies such as Alfa Chemistry, AK Scientific, BASF, and Merck among others.
It has numerous beneficial properties like strength-enhancing admixture that enhances both early as well as late-age strength development in concrete. Synthetic CSH is at nascent stage further enjoying very high demand as compared to its counterparts across the world.
Additionally, growing regulations and rising environmental awareness are expected to boost its demand in the coming years. This is mainly because it lessens energy consumption and the associated emissions of the GHG carbon dioxide (CO2).
The other segment including corrosion inhibitor, hydration control agent, slag, and rice husk ash among many others. Corrosion-inhibiting concrete admixtures generally fall into the category of specialty admixture and are mainly used to slow down corrosion of reinforcing steel in concrete.
In terms of application, the overall concrete admixture market is classified into commercial, non-residential, and residential. Among these, the non-residential segment will witness strong demand over the coming time period. In fact, economic conditions are supporting growth in demand for construction activity, mainly for nonresidential buildings led by robust levels of demand for hotels, recreation/amusement, educational hubs, and retail shopping centers among others.
On the regional front, North America region is estimated to witness more than 4.1% CAGR over the projected time period. North America construction industry is majorly engaged in restructuring as well as remodeling activities rather than new construction activities, which will have positive impact on the product demand. This would further aid in attaining notable gains to the overall concrete admixture market size in the coming years.
Meanwhile, the LATAM region is likely to witness a strong CAGR of over 6.2% through the forecast time. In Latin America construction industry, Mexico will exceed Brazil to become the largest market in the upcoming time period. The growth is mainly attributed to strong economic growth as well as strong private investment, which will fuel the product demand and have positive impact on the overall concrete admixture market size by the end of 2026.
Citing an instance, in January 2018, nearly 6 highways PPP’s were announced, with a capital expenditure of $6 billion in the region. The future bid rounds of road projects are expected to attract a total of $12 billion in the coming years.