Market
Insights:
According to some leading research institutes the
global construction chemicals market may expand at a CAGR of nearly 9% to
register double digit million dollar figure by the end of 2022. Globally,
Concrete admixtures is one of the major and necessary application in both
residential and non-residential buildings. Almost over 75% of the commercial
buildings opt for the concrete admixtures to avoid the leveraging cost of maintenance.
The roofing system and concrete admixtures are gaining the required attention
due to the more rigorous environmental regulations, newly developed standards
for the commercial structures and building codes and increased concern for the
environment codes and increased concern for the environment. Moreover, rapidly
increasing world population is fuelling the urbanization, industrialization and
infrastructural development are the prominent factors driving growth of the
global concrete admixtures market. Additionally the inception of innovative
technologies and efficient concrete admixture application practices is
anticipated to fuel demand for the concrete admixture in these applications.
Competitive
Landscape:
The global concrete admixture is a highly mature
market driven by flourishing growth in building & construction industry,
along with the rising technological advancements in the field of protective
coatings. The market consists of considerable number of tier 1 companies. Among
them, BASF SE, Sika AG, PPG Industries, W.R. Grace & Co, and Fosroc International
are the leading manufacturers which have substantial contribution to the growth
of the market during the review period. Almost all of these market participants
are primarily adopting the expansion of their production capacities and product
launch tactics to strengthen their market position. Growing construction
industries, and continuous collaborations and agreements between manufacturers,
distributers, and marketing firms, along with continuous R&D activities are
key market forces operating in the market for the growth of the demand for
Concrete admixture. Taking all these trends under consideration, the global
concrete admixture market poised to witness considerable competition due to
easy entry of competitors over the forecast period of 2017-2022.
Industry/ Innovation/ Related News:
Global Key Player:
·
BASF SE
·
Sika AG
·
Pidilite Industries
·
Evonik Industries AG
·
PPG Industries
·
Akzo Nobel N.V
·
DowDuPont
·
W.R. Grace & Co
·
Berger Paints
·
CICO Technologies Ltd
·
Ashland Inc
·
Chryso SAS
·
Fosroc International
October
10, 2017-
BASF SE, on the world’s a leading manufacturer of construction chemicals
announce official commissioning of a new production plant of construction
chemicals at Saint Petersburg in Russia. The new plant has three lines which
produce, respectively, concrete additives, alkali-free concrete setting
accelerators, and tunneling shield lubricants. Investments in the new
production facility at this stage amounted to about USD 5.60 million.
September
20, 2016-
BASF established a new R&D team to work on concrete admixture solutions and
technologies in Chigasaki, Japan. Major focus of the team is on
developing innovations that can increase productivity, durability and
sustainability for the construction industry. This development is complementing
the existing R&D centres around the world to bring innovations to Asia
Pacific faster and to meet local needs.
August 4,
2016 -
Germany based global specialty chemicals manufacturer BASF SE has launched
groundbreaking concrete admixture range called MasterEase, in Japan. MasterEase
is a next generation admixture for low-viscosity concrete. This new admixture
range improves the rheological properties, reduces viscosity in concrete by up
to 30%, facilitating pumping, placing, leveling, and finishing of concert and
stability of high-performance concrete. BASF Japan will launch products
applicable for ready-mix concrete and precast applications. This product is
going help diverse applications in construction industry of Japan and is likely
to propel growth of the concrete admixture market in Asia Pacific.
June 7,
2016 -
Sika has opened its second production plant in Saraburi, North of Bangkok.
It has production capacity for 100,000 tons of mortars and 65,000 tons of
concrete admixtures per year.
Growing demand for infrastructures in developing economies, rapid
urbanization and rise in income of middle class had shifted the demand for residential
and construction to new better level which in turn drives the growth of
concrete admixture market in the future. Government policies for infrastructure
standard and need for reduction in water usage during construction time is a
major concern for contractors which can be addressed by the effective use of
concrete admixtures.
Geographically,
APAC region dominates these concrete admixture market both in terms of volume
and value. As per analysis, developing economies like China, India and Brazil
are consuming high amount of concrete for blooming civil structures.
Change in FDI policies and growing residential demand due to rise in
population is providing an opportunity for the concrete admixture market to
grow in forecasted period. North America and Europe is expected to show
sluggish growth due to saturation of construction industry
Reasons
to buy:
- his report includes in-depth
study analysis of Concrete Admixtures market
- It covers market
segmentation by type, application and end user.
- It helps in identifying
region-wise major suppliers and understanding consumption patterns.
- It provides useful and
premium insights that will support investments of Concrete Admixtures
and allied companies providing details on the fast-growing segments
and regions.
- It provides key findings
that will help companies to improve productivity by using supply chain
strategies, cost effectiveness of various products mentioned in the
report.
- The data used in the report
is primarily based on primary interviews with the major producing
companies and industry experts which are supported by authentic industry
data from secondary sources.
Target Audience:
- Concrete
Admixtures producers
- Traders and
distributors and suppliers of concrete admixtures
- Association and
government bodies.
- Cement
manufactures and contractors
- Research
institute
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