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Monday, October 30, 2023

Global Superplasticizer Market is Anticipated to Grow at a CAGR of 6.5% during 2024 to 2030

The future of the global superplasticizer market looks promising with opportunities in the ready-mix concrete, precast concrete, and high-performance concrete markets. The global superplasticizer market is expected to reach an estimated $8.2 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing use of precast concrete and ready-mix concrete, rising demand for high-strength concrete, and increasing demand for infrastructure development.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the superplasticizer market by type (polycarboxylate derivatives, sulfonated naphthalene formaldehydes, sulfonated melamine formaldehydes, and modified lignosulfonates), form (liquid and powder), application (ready-mix concrete, precast concrete, high-performance concrete, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, polycarboxylate derivatives, sulfonated naphthalene formaldehydes, sulfonated melamine formaldehydes, and modified lignosulfonates are the major segments of superplasticizer market by type. Lucintel forecasts that polycarboxylate is expected to witness highest growth over the forecast period due to increasing demand for high-performance and durable concret. Within this market, ready-mix concrete will remain the largest segment due to increasing consumption in residential construction, commercial construction, and infrastructure projects.

APAC is expected to witness highest growth over the forecast period due to increasing urbanization and industrialization in the region.

Arkema, BASF, GCP Applied Technologies, KAO, HA-BE Betonchem, Sika, and Mapei are the major suppliers in the superplasticizer market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

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

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