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
For More Information @ https://www.marketresearchfuture.com/reports/concrete-admixtures-market-1994
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