A recent report published by Infinium Global Research on concrete superplasticizer market provides in-depth analysis of segments and sub-segments in the global as well as regional concrete superplasticizer market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional concrete superplasticizer market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global concrete superplasticizer market. According to the report, the global concrete superplasticizer market is projected to grow at a CAGR of 6.8% over the forecast period of 2019-2025.
Development in concrete and various other construction materials has been intense. Concrete superplasticizers’ are chemical admixtures that are used to enhance the workability of the concrete. Superplasticizer transforms stiff, low-slump concrete into flowing, pourable, easily placed concrete. They can speed finishing, increase strength, conserve cement and help reduce shrinkage and thermal cracking. The use of superplasticizers also reduces the water content by up to 30%. Natural and synthetic superplasticizers are available commercially.
The development of the construction industry owing to the increasing population and the growing urbanization across the globe primarily drives the growth of the concrete superplasticizer market. The upgrading infrastructure and the ongoing maintenance activities to restore the aging architectural structures are favoring the growth of the construction materials that in turn drives the growth of the concrete superplasticizer market. Furthermore, the increasing government and public investments in the civil engineering sector promote the growth of the concrete superplasticizer market. Favorable government interventions such as high investments in power, dams, bridges, roads and urban infrastructure development projects in the emerging nations also support the market growth. However, low awareness about superplasticizer and established infrastructure in developed countries are anticipated to hampers the growth of the concrete superplasticizer market. Moreover, the ongoing developments in the superplasticizers to increase its efficiency provides fruitful opportunities for the growth of the concrete superplasticizer market.
The Asia Pacific dominates the global concrete superplasticizer market owing to the booming construction sector in this region. The growing industrialization and urbanization in the Asia Pacific countries such as China, Indonesia, India, and Malaysia are increasing the demand for concrete superplasticizers. In addition, the rising government initiatives such as housing projects and the growing foreign investments in India are anticipated to drive the growth of the Asia Pacific concrete superplasticizer market. Furthermore, an increase in domestic engineering and construction companies in the Asia Pacific region favors the growth of the concrete superplasticizer market. North America also holds a significant share in the concrete superplasticizer market owing to the favorable U.S. government policies to support public works projects and the revival of bridges, tunnels, and roads. Several other regions such as Latin America are anticipated to advance in the concrete superplasticizer market owing to the improving infrastructure in countries including Colombia, Peru, Argentina, and Bolivia during the forecast period.
The report on global concrete superplasticizer market covers segments such as product type, and concrete type. On the basis of product type, the sub-markets include sulfonated naphthalene formaldehyde (SNF), sulfonated melamine formaldehyde (SMF), modified lignosulfonates (MLS), polycarboxylic acids (PC), and other product types. On the basis of concrete type, the sub-markets include ready-mix concrete, precast concrete, shotcrete, high-performance concrete, and other concrete types.
The report provides profiles of the companies in the market such as BASF SE, Arkema SA, Kao Corporation, W. R. Grace & Company, Sika AG, MAPEI S.p.A., Fuclear Technologies Inc., Enaspol a.s., Sure Chemicals Limited, Euclid Chemical Company, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of concrete superplasticizer market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.