DUBLIN--(BUSINESS WIRE )--The "Concrete Admixtures Market (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
Concrete Admixtures Market size is forecast to reach $24.5 billion by 2026, after growing at a CAGR of 7.7% during 2021-2026.
With the rise in the construction sector, the demand for concrete admixtures industry is expected to grow during the forecast period. Concrete admixtures are added to the concrete that can help control the set time and other aspects of fresh concrete. Few of the common admixtures includes accelerating admixtures, retarding admixtures, air entraining admixtures, and others. The growing public interest towards housing its repair works will further enhance the overall market demand for concrete admixtures industry for the period.
Whereas, calcium chloride was present in the concrete admixtures and later on added to the concrete, which helps the concrete to sets quickly. However steel corrosion in concrete is attributable to calcium chloride. So, there is fear or hesitation among the contractors while mixing the concrete admixtures in the concrete as there is a chance of corrosion, owing to this the quality of work comes into question and hence calcium chloride has high risk of corrosion which will restrain the market growth for concrete admixture.
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least five months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of concrete admixtures manufacturers and vendors. However, the negative impact of COVID-19 on concrete admixtures to be compensated over the medium to long term future period. In addition, the pandemic has forced builder and contractors to delay or cancel various construction projects which has led to a million and billions of losses. According to the American Road & Transportation Builders Association (ARTBA) infrastructure projects totaling more than $9.6 billion have been either delayed or cancelled in the midst of the COVID-19 pandemic.
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the concrete admixtures market. Major players in the concrete admixtures Market are BASF SE (Master Builders Solutions), Sika AG, Yara International, Normet Group, CEMEX S.A.B. de C.V., Bostik, Chryso, GCP Applied Technologies Inc., Euclid Chemicals, Fosroc Inc., Mapei, PCC Group, Dow Chemical Company, CICO Group, Ak-Kim Kimya San. ve Tic. A.S., IKSA BETON ve YAPI KIMYASALLAR, Polisan Kimya San. A.S., Lyksor Kimya, among others.
1. Concrete Admixtures Market- Market Overview
2. Concrete Admixtures Market - Executive Summary
2.1 Key Trends by Admixture type
2.2 Key Trends by End Use
3. Concrete Admixtures Market - Comparative analysis
3.1 Market Share Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Concrete Admixtures Market - Market Forces
5. Concrete Admixtures Market - Strategic Analysis
5.4 Distributor Analysis - Major Companies
6. Concrete Admixtures Market - By Admixture Type (Market Size -$Million/KT)
6.7 Admixtures for Mortors & Grouts
7. Concrete Admixtures Market - By End Use (Market Size -$Million/KT)
8. Concrete Admixtures Market - By Geography (Market Size -$Million/KT)
9. Concrete Admixtures Market - Entropy
9.2 M&As, Collaborations, JVs and Partnerships
10. Concrete Admixtures Market Company Analysis
10.1 BASF SE (Master Builders Solutions)
10.5 CEMEX S.A.B. de C.V.
10.15 Ak-Kim Kimya San. ve Tic. A.S.
10.16 IKSA BETON ve YAPI KIMYASALLAR
10.17 Polisan Kimya San. A.S.
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900