Concrete Admixture Market by Product (Chemical Admixture, Mineral Admixture), Function (Corrosion-inhibiting Admixtures, Retarding Admixtures, Superplasticizers), Form, Application - Global Forecast 2024-2030
The Concrete Admixture Market size was estimated at USD 20.26 billion in 2023 and expected to reach USD 21.73 billion in 2024, at a CAGR 7.31% to reach USD 33.23 billion by 2030.
Concrete admixture refers to chemical additives that modify the properties of concrete, enhancing its workability, strength, durability, and overall performance. These substances are an integral part of modern construction projects due to their ability to reduce water content, accelerate setting time, and improve the long-term quality and stability of hardened concrete. Concrete admixtures find applications in diverse settings such as foundations, walls, columns, beams, slabs, floors, pavements, and precast structures. Increasing urbanization rates leading to a higher demand for new construction projects and stringent governmental regulations for environment-friendly building materials have driven the demand for concrete admixtures. Fluctuating raw material prices that affect the overall affordability of the end product can reduce the adoption of concrete admixtures. Furthermore, the lack of uniform standards or certification processes across different regions causes a disparity in quality assurance or product compatibility. Major manufacturers and governments are constantly investing efforts to introduce standardization and international harmonization in regulatory standards. The latest potential opportunities in this sector are focused on technological advancements such as self-healing bio-concretes that repair cracks autonomously through a bacteria-induced calcification process. Furthermore, the development of nanotechnology-based admixture that provides enhanced mechanical properties at smaller dosages is increasingly being adopted.
Regional Insights
The United States and Canada, in the Americas region, are increasingly utilizing concrete admixtures due to their large-scale investments in infrastructure projects such as highways, dams, and bridges. The growing focus on sustainable construction has led to an increase in demand for high-performance and eco-friendly admixtures such as water reducers and air-entraining agents. In the European Union (EU), there is a strong emphasis on adopting environment-friendly construction solutions. As a result, EU countries have witnessed an increase in demand for innovative concrete additives that can reduce CO₂ emissions during cement production while maintaining overall performance quality. Investments in research on advanced materials have led to new innovations in concrete admixtures. Recently, there has been an increasing focus and interest in developing novel superplasticizers that improve workability without compromising strength performance. China, Japan, India, and other nations in the APAC region are amongst the fastest-growing economies for concrete admixtures due to rapid industrialization, urbanization, and investment in infrastructure projects. Rising government spending on manufacturing and industrialization activities has created a significant demand for concrete admixtures.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Concrete Admixture Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Increasing number of construction and infrastructure development activities worldwide
- Growing need to address the durability issues of concrete
- Market Restraints
- Compatibility issues with concrete admixtures
- Market Opportunities
- Growing inclination towards eco-friendly concrete admixtures
- Ongoing introduction of high-performance concrete admixtures
- Market Challenges
- Environmental issues associated with concrete admixtures
- Market Segmentation Analysis
- Product: Adoption of mineral admixtures to tackle sustainability challenges
- Function: New advancements in technology and material sciences leading to development of advanced superplasticizers
- Form: Increased adoption of liquid form of concrete admixtures owing to ease of usage
- Application: Growing utilization of concrete admixture for commercial applications owing to the rising number of offices and smart buildings
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Concrete Admixture Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Concrete Admixture Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- Saint-Gobain Expands its Portfolio in Construction Chemicals with the Acquisition of Adfil
Compagnie de Saint-Gobain S.A. has acquired Adfil NV, an internationally recognized company specializing in concrete reinforcement fibers. This strategic acquisition enables Saint-Gobain to expand its portfolio of sustainable and high-performance solutions for light construction.
Master Builders Solutions will supply concrete admixtures for the Fehmarnbelt Tunnel project
Master Builders Solutions secured the contract for the Fehmarnbelt tunnel project, which involves the construction of an 18-kilometer sunken tunnel connecting Scandinavia and Germany. The tunnel's completion is set to significantly reduce travel times, with car journeys between Copenhagen and Hamburg taking just ten minutes and train journeys lasting only three hours.
Black Swan Graphene and Nationwide Engineering announce strategic partnership to accelerate the adoption of graphene-enhanced concrete globally
Black Swan Graphene and Nationwide Engineering, announced their strategic partnership, focusing on concrete admixture innovation and development, leveraging each company's expertise and experience to bring forth an innovative new product. With their combined efforts, engineering projects are expected to benefit from some truly remarkable material advances as they move into production faster.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Concrete Admixture Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Concrete Admixture Market, highlighting leading vendors and their innovative profiles. These include ACC Limited, Alumichem A/S, Aura Polymer Australia, BASF SE, Bostik SA, Cementaid International Group of Companies, CEMEX S.A.B. de C.V., CICO Group, Clean Coats Private Limited, Compagnie de Saint-Gobain, Concrete Additives and Chemicals Private Limited, Cormix International Limited, Cortec Corporation, Fosroc Group, Fritz-Pak Corporation, Ha-Be Betonchemie GmbH, MAPEI S.p.A., MUHU (China) Construction Materials Co., Ltd., MYK Arment Private Limited, Normet Group, Perma Construction Aids Pvt. Ltd., RAZON ENGINEERING CO. PVT. LTD., Rhein-Chemotechnik GmbH, Riteks Inc., RPM International Inc., Sika AG, The Dow Chemical Company, Thermax Limited, WEIFANG BEACON CHEMICAL BUILDING MATERIALS CO., LTD, Xuzhou Giant Building Materials Co., Ltd., and Yara International ASA.
Market Segmentation & Coverage
This research report categorizes the Concrete Admixture Market to forecast the revenues and analyze trends in each of the following sub-markets:- Product
- Chemical Admixture
- Mineral Admixture
- Function
- Corrosion-inhibiting Admixtures
- Retarding Admixtures
- Superplasticizers
- Water-reducing Admixtures
- Form
- Liquid
- Powder
- Application
- Commercial
- Residential
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Market Drivers
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing number of construction and infrastructure development activities worldwide
- 5.1.1.2. Growing need to address the durability issues of concrete
- 5.1.2. Restraints
- 5.1.2.1. Compatibility issues with concrete admixtures
- 5.1.3. Opportunities
- 5.1.3.1. Growing inclination towards eco-friendly concrete admixtures
- 5.1.3.2. Ongoing introduction of high-performance concrete admixtures
- 5.1.4. Challenges
- 5.1.4.1. Environmental issues associated with concrete admixtures
- 5.2. Market Segmentation Analysis
- 5.2.1. Product: Adoption of mineral admixtures to tackle sustainability challenges
- 5.2.2. Function: New advancements in technology and material sciences leading to development of advanced superplasticizers
- 5.2.3. Form: Increased adoption of liquid form of concrete admixtures owing to ease of usage
- 5.2.4. Application: Growing utilization of concrete admixture for commercial applications owing to the rising number of offices and smart buildings
- 5.3. Market Trend Analysis
- 5.3.1. Well-established standards for admixture quality enhancement and a favorable ecosystem for player expansion in the Americas
- 5.3.2. Emerging infrastructural activities combined with supportive government spending in the Asia-Pacific region
- 5.3.3. Growing production of eco-friendly products and assured standards for an adequate quality of concrete admixtures in the EMEA region
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 6. Concrete Admixture Market, by Product
- 6.1. Introduction
- 6.2. Chemical Admixture
- 6.3. Mineral Admixture
- 7. Concrete Admixture Market, by Function
- 7.1. Introduction
- 7.2. Corrosion-inhibiting Admixtures
- 7.3. Retarding Admixtures
- 7.4. Superplasticizers
- 7.5. Water-reducing Admixtures
- 8. Concrete Admixture Market, by Form
- 8.1. Introduction
- 8.2. Liquid
- 8.3. Powder
- 9. Concrete Admixture Market, by Application
- 9.1. Introduction
- 9.2. Commercial
- 9.3. Residential
- 10. Americas Concrete Admixture Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Concrete Admixture Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Concrete Admixture Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. Saint-Gobain Expands its Portfolio in Construction Chemicals with the Acquisition of Adfil
- 13.3.2. Master Builders Solutions will supply concrete admixtures for the Fehmarnbelt Tunnel project
- 13.3.3. Black Swan Graphene and Nationwide Engineering announce strategic partnership to accelerate the adoption of graphene-enhanced concrete globally
- 13.3.4. Cinven agrees to acquire MBCC Admixtures
- 13.3.5. CHRYSO GULF expands its concrete admixture business in Qatar
- 13.3.6. Mapei increases UK investment with a new plant near Liverpool
- 13.3.7. Sika sells admixture assets to INEOS to clear way for MBCC deal
- 13.3.8. CEMEX launches Bio-sourced admixture range
- 13.3.9. GCP's Acquisition by Saint-Gobain Closes
- 13.3.10. Seven New DOT Approvals for Cortec MCI
- 13.3.11. Holcim US Expands Ready Mix Capabilities with Latest Acquisition
- 13.3.12. Sika Opened New Plant in Bolivia to Increase Production Capacity for Mortar and Concrete Admixtures
- 13.3.13. Euclid acquires Chryso’s NA cement grinding aid, additives business
- 13.3.14. Euclid Launches Three New Admixtures at World of Concrete
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
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