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NEW YORK , May 9, 2022 /PRNewswire/ -- The concrete admixtures market potential growth difference is likely to value USD 4.35 billion from 2021 to 2026, as per the latest market analysis report by Technavio. The market is anticipated to witness an accelerating growth momentum at a CAGR of almost 5.08%, according to Technavio. The concrete admixtures market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. The rise in global construction and infrastructure development activities is notably driving the concrete admixtures market growth, although factors such as fluctuations in raw material prices may impede market growth.
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Technavio categorizes the global concrete admixtures market as a part of the global construction materials market. Our report provides extensive information on the value chain analysis for the concrete admixtures market, which vendors can leverage to gain a competitive advantage during the forecast period.
The concrete admixtures market covers the following areas:
Concrete Admixtures Market Sizing Concrete Admixtures Market Forecast Concrete Admixtures Market Analysis
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The concrete admixtures market analysis includes segmentation by end-user and geography. By end-user, the market is further sub-segmented into residential, commercial, and infrastructure segments. Growing urbanization is driving the demand for new residential units, especially in urban areas in the two-most populous geographic regions, namely, APAC and the Americas.
In terms of Geography, the market is sub-segmented into APAC, Europe , North America , Middle East and Africa , and South America. 56% of the market's growth will originate from APAC during the forecast period. China , India , and Russia are the key markets for concrete admixtures market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The increasing number of construction projects owing to rapid population growth and urbanization will facilitate the concrete admixtures market growth in APAC over the forecast period.
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Concrete Admixtures Market Vendor Landscape
The concrete admixtures market is fragmented and the vendors are deploying growth strategies such as M&A activities to compete in the market. To make the most of the opportunities and recover from post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Companies Covered in the report are:
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Accelerate at a CAGR of 5.08%
APAC, Europe, North America, Middle East and Africa, and South America
US, China, India, Russia, France, and Brazil
Leading companies, competitive strategies, consumer engagement scope
Arkema Group, Armstrong Chemicals Pvt. Ltd., BASF SE, CEMEX SAB de CV, CICO Group, Compagnie de Saint Gobain SA, GCP Applied Technologies Inc., Henan Kingsun Chemical Co. Ltd., JMH International Ltd., Kao Corp., Mapei SpA, MC-Bauchemie Muller GmbH and Co. KG, PCC SE, Pidilite Industries Ltd., Premier Magnesia LLC, RPM International Inc., Sika AG, Silica Systems Inc., The Dow Chemical Co., and Yara International ASA
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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