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Concrete Admixtures Construction Chemical Market [IMPACT COVID-19] to Reflect Steady Growth Rate by 2030

United State- Admixtures are materials either in powder or fluid form, that are added to the concrete to give it high performance characteristics such as high workability, high compressive strength, durability, watertight, wear resistant and high finish to meet the complexities of modern structures. Fly ash, silica fume, rice husk ash, metakaolin, carbon nanofibers, plasticizers, water proofing agents, air-entraining agents, water-reducing agents, retarding agents, accelerating agents, hydration-control agents, anti-corrosion agents, coloring agents are the commonly used concrete admixtures.

Global concrete admixtures construction chemicals market revenue is expected to reach $16,324 million by 2023, from $11,027 million in 2016, with a CAGR of 5.7% from 2017 to 2023.

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Market Statistics:

The file offers market sizing and forecast throughout 5 primary currencies – USD, EUR GBP, JPY, and AUD. It helps corporation leaders make higher choices when foreign money change records are available with ease. In this report, the years 2020 and 2021 are regarded as historic years, 2020 as the base year, 2021 as the estimated year, and years from 2021 to 2030 are viewed as the forecast period.

Increased globalization is a key factor in restructuring the concrete admixture market. A shift in the industry trends is observed, owing to rapid economic growth in India and China. With many countries in Asia-Pacific still being largely rural, the economic growth is set to foster the ongoing urbanization. Moreover, the growth in population in these countries is expected to boost the demand for housing and commercial infrastructure, which in turn is anticipated to drive the concrete admixtures market.

The need for better infrastructure has increased, due to rising investment and high disposable income, which further fuels the demand for concrete admixtures. The penetration of concrete admixtures is moderate, due to lack of understanding of its long-term benefits in contrast to the cheaper substitutes. In addition, lack of benchmark regulations globally leads to sub-standard building guidelines, which is expected to hamper the growth of the market. Increase in government initiatives about energy conservation and sustainable infrastructure is expected to open new avenues during the forecast period.

The global concrete admixtures construction chemical market is segmented based on type, application, and geography. Based on type, it is bifurcated into mineral and chemical admixtures. Based on application, it is classified into residential, commercial, infrastructure, and repair structure. Geographically, it is categorized into North America, Europe, Asia-Pacific, and LAMEA.

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Major players profiled in this study are:

BASF SE
Arkema SA
Ashland Inc.
Fosroc International Limited
Mapie S.p.A.
Pidilite Industries
RPM International Inc.
Sika AG
The Dow Chemical Company
W.R. Grace & Company

KEY BENEFITS FOR STAKEHOLDERS:

This report provides quantitative and extensive analysis of the current and emerging market trends, estimations, dynamics, and for the key market segments from 2015 to 2023 to identify prevailing opportunities in global concrete admixtures construction chemical market.
Competitive landscaping and value chain have been considered in the study to understand the competitive environment globally.
Region- and country-wise global concrete admixtures market conditions are comprehensively analyzed.
Exhaustive analysis of the market by type helps in understanding various types of concrete admixtures material that are currently being used and the variants that is expected to gain prominence.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers participating in this market to make profit-oriented business decisions and to help strengthen their supplier and buyer network.

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COVID-19 Impact

The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Concrete Admixtures Construction Chemical Market also experienced a slowdown. Statista estimates that the chemical industry’s total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the chemical industry generated revenues of US$ 5.4 trillion at a record high.

The degree of competition among prominent global companies has been developed by analyzing several leading Concrete Admixtures Construction Chemical Market , including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.

A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries.

KEY MARKET SEGMENTS

By Type

Mineral Admixture
Chemical Admixture

By Application

Residential
Commercial
Infrastructure
Repair Structures

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By Geography

North America
U.S.
Canada
Mexico
Europe
Russia
Germany
France
Turkey
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest Of LAMEA

KEY PLAYERS

CEMEX S.A.B de C.V.
Conmix Ltd.
CICO Technologies Ltd.
Chryso S.A.S.

Table of Content:

  • Market Definition and Overview
  • Research Method and Logic
  • Market Competition Analysis
  • Product and Service Analysis
  • Strategies for Company to Deal with the Impact of COVID-19
  • Market Segment by Type, Historical Data and Market Forecasts
  • Market Segment by Application, Historical Data and Market Forecasts
  • Market by by Region, Historical Data and Market Forecasts
  • Market Dynamic Analysis and Development Suggestions

Key Questions Answered in the Market Report

• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies?
• What is the outlook for the impact market during the forecast period 2021-2030?
• What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration?
• What is the end user perception toward?
• How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021?
• What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration?
• What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration?
• What are the key strategies adopted by companies in the impact market?
• What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030?
• What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market?
• Who are the key end users of pharmaceutical quality? What is their respective share in the impact market?
• Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030?
• Which are the key players in the impact market?

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Updated : 2022-05-26 03:28 GMT+08:00