The size of Concrete Superplasticizers Market was valued at 7.2 billion in 2021 and is foreseen to grow at a CAGR of 9.5% in the outlook period of 2021 to 2026 to become 9.3 billion USD by value.
Superplasticizers are additives used in increasing the strength of the concrete, which are also known as high range water reducers. More than 30% of the water content can be decreased with the help of superplasticizers. As mentioned, the strength of concrete intensifies with the addition of superplasticizers as it reduces the water to cement ratio. Superplasticizers are often considered as a synthetic polymer that can deliver surfactant features. The increasing construction and building activities around the world are creating huge demand for concrete superplasticizers in recent years.
In 2019, Arkema launched a new superplasticizer - Ethacryl DM. This will cater to the dry mix concrete application. Also, it will allow the company to cater to the dry mix mortar segment of the market.
During March 2019, BASF introduced its Melflux SELECT 4411 F superplasticizer. It is polycarboxylate ester-based superplasticizer. It enables long duration slump retention.
The properties of Concrete Superplasticizers including non-permeability, high tensile strength, stress immunity etc. are going to boost their demand as an important construction material over the forecast period. Also, the development of advance mortar admixtures by key market players is further expected to improve the properties of these repair materials.
Also, they offer resistance against natural phenomenon such as corrosion to internal structural supports, resulting from unwanted water inflow. In addition, this material offers excellent bond strength that led to an augmented structural strength in the buildings.
Huge investments by the governments across North America, Europe, Asia and Middle East and Africa for the development projects of marine structures, long-lasting buildings, and roads are expected to bolster the construction activities, supporting demand in the global concrete superplasticizers market.
The highly advanced material providing superior features in concrete superplasticizers market are costly. Many industries do not consider such features as of significant, resulting in avoiding. In addition to this, extreme usage and adoption of products utilizing Concrete Superplasticizers will gradually reduce as manufacturing and building companies are enhancing their products to increase their longevity and enhance the quality.
Concrete Superplasticizers Market - By Type
Concrete Superplasticizers Market - By Form
Concrete Superplasticizers Market - By Application
The PC-based superplasticizers have the property of water reduction of up to 40.0% at very low dosage rates compared to their counterparts. This property of water reduction capability and dispensability are expected to drive the demand for PC-based concrete superplasticizers during the outlook period of 2020 to 2025. Polycarboxylate superplasticizers are also used as high-range water reducers in concrete, high-strength concrete, high volume slag concrete, cement grouting, and dry mortar. Therefore, it is estimated that PC segment will be the fastest growing during the foreseen period.
Building and Infrastructure industry has recorded huge spike in the last few years and construction materials with advanced properties available at low costs are gaining fame due to their lightweight and easy handling. Excellent features of concrete superplasticizers are increasing their call in these construction activities in different parts of the world.
Ready mix concrete is the largest manufactured concrete around the globe. This is due to its ease in transportability and wide range of applications across end use industries such as construction, residential etc. Shortage of labour at construction sites has also contributed significantly towards the growth of the ready-mix concrete market.
Concrete Superplasticizers Market - By Region
Middle East & Africa
Asia Pacific (APAC) region is estimated to be the largest market during the forecast period of 2020 and 2025. In this region, China accounts for the biggest revenue share. Construction, retail, transportation, etc. are some sectors where the demand for the Concrete Superplasticizers has increased rapidly over the past few years. The burgeoning population is encouraging infrastructure industry to expand, resulting in an increased need for concrete materials across the area.
The second largest market is North America. This is because the USA has been the leading producer for Concrete Superplasticizers in the North American region owing to its vast production capabilities and a strong economy. Tremendous efforts are being made to switch from site-based concrete to ready mix concrete. Construction sector is expanding at a notable rate, which is helping the market to expand at a considerable rate.
The Middle East and Africa region is investing heavily in the construction sector, which is supposed to offer lucrative opportunities for the development of the concrete superplasticizers market in the coming years.
Coronavirus has had its impact in almost all industries across the globe. Markets of Europe, North America and Asia are the most affected ones from the pandemic.The leading players in this industry have announced the temporary halt of manufacturing because of the declined demand, supply chain disruption, and to ensure the protection of their workforce in different parts of the world during the pandemic. As a consequence, the demand for Concrete Superplasticizers has declined in 2020. Recovery in the construction and concrete sector is supposed to start post 2021.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Concrete Superplasticizers Market, By Type
6.1.5 Market Size Estimations & Forecasts (2022 - 2027)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Concrete Superplasticizers Market, By Application
6.2.4 Market Size Estimations & Forecasts (2022 - 2027)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Concrete Superplasticizers Market, By Form
6.3.3 Market Size Estimations & Forecasts (2022 - 2027)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By Application
7.2.4 By Form
7.3.1 By Country
184.108.40.206 Rest of Europe
7.3.2 By Type
7.3.3 By Application
7.3.4 By Form
7.4 Asia Pacific
7.4.1 By Country
220.127.116.11 South Korea
18.104.22.168 South East Asia
22.214.171.124 Australia & NZ
126.96.36.199 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Application
7.4.4 By Form
7.5 Latin America
7.5.1 By Country
188.8.131.52 Rest of Latin America
7.5.2 By Type
7.5.3 By Application
7.5.4 By Form
7.6 Middle East and Africa
7.6.1 By Country
184.108.40.206 Middle East
7.6.2 By Type
7.6.3 By Application
7.6.4 By Form
8. Key Player Analysis
8.1 Sika AG
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Mapei SPA
8.3 BASF SE
8.5 Saint Gobain
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
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