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Thursday, April 6, 2023

Lucintel Forecasts Concrete Admixture Construction Chemical Market to Reach $15.4 Billion by 2028

According to the recent study the concrete admixture construction chemical market is projected to reach an estimated $15.4 billion by 2028 from $11.2 billion in 2023, at a CAGR of 6.5% from 2023 to 2028. Growth in this market is primarily driven by construction sector, rise in advanced infrastructural properties, and increasing public interest towards its housing repair works.

A more than 150-page report is developed to understand trends, opportunities and forecast in concrete admixture construction chemical market by admixture type (water reducing, high range water reducing, accelerators, alkali/alkali free, air entraining, water resisting, admixtures for mortors & grouts, and retarding admixtures), end use industry (residential construction, commercial construction, industrial commercial, and infrastructure), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link 

https://www.lucintel.com/concrete-admixture-construction-chemical-market.aspx

“High range water reducing market is expected to remain the largest segment during the forecast period.”

Based on admixture type, the concrete admixture construction chemical market is segmented into water reducing, high range water reducing, accelerators, alkali/alkali free, air entraining, water resisting, admixtures for mortors & grouts, and retarding admixtures. Lucintel forecasts that the high range water reducing market is expected to remain the largest segment due to its water-reducing, strength enhancement, durability, and plasticizing properties.

“Within the concrete admixture construction chemical market, the residential construction segment is expected to remain the largest end use industry.”

Based on end use industry the residential construction segment is expected to witness the highest growth over the forecast period due to rise in the construction sector and growing public interest towards buying luxury homes for comfort and privacy.

“Asia pacific will dominate the concrete admixture construction chemical market in near future.”

APAC will remain the largest region due to growing construction industry, rapid infrastructural development, and rising demand for affordable houses in this region.

Download Brochure of this report by clicking on https://www.lucintel.com/concrete-admixture-construction-chemical-market.aspx.

Major players of concrete admixture construction chemical market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. BASF, Sika AG, Yara International, Normet Group, CEMEX, and Bostik are among the major concrete admixture construction chemical providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/concrete-admixture-construction-chemical-market.aspx  or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056  

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