Global Concrete admixtures Market Outlook 2021-2030

Global Concrete Admixtures Market Analysis 2021-2030

The global concrete admixtures market is anticipated to grow with a CAGR of 5.92% during the forecast period, i.e., 2021-2030. Factors such as increasing urbanization, and the increasing number of construction activities are anticipated to drive the growth of the market in the coming years. Additionally, the expanding construction industry globally, and the numerous benefits associated with the use of concrete admixtures, are some of the additional factors projected to contribute to the market growth during the forecast period. The global concrete admixtures market is estimated to garner a revenue of more than USD 32030 Million by the end of 2030, up from a revenue of near to USD 19200 Million in the year 2021.

The global concrete admixtures market is segmented into numerous segments which include segmentation by type, application, and by region. By type, the market is segmented into water reducing, retarders, accelerators, bonding agents, corrosion inhibitors, and others. By the end of 2030, the water reducing segment is anticipated to garner the largest revenue of close to USD 12840 Million by the end of 2030, up from a revenue of around USD 7720 Million in the year 2021.

On the basis of regional analysis, the global concrete admixtures market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. By the end of 2030, the market in the Asia Pacific region is anticipated to garner the largest revenue of close to USD 12150 Million, up from a revenue of more than USD 7230 Million in the year 2021.

Some of the prominent industry leaders in the global concrete admixtures market that are included in our report are Sika AG, Concrete Additives & Chemicals Pvt. Ltd. (CAC), BASF SE, CHRYSO GROUP, TAIWAN CEMENT LTD., Martin Marietta Materials Inc., Holcim Ltd, Fosroc, Inc., HEIDELBERGCEMENT AG, CEMEX S.A.B. de C.V., and others.