Latest News- Concrete Superplasticizer Market: Ready-mix concrete is expected to lead the Application segment during 2024-2028

The Concrete Superplasticizer Market is being driven by Rise in residential and commercial construction activities

The Concrete Superplasticizer Market is expected to grow at a CAGR of 8.09% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2556.5 million. The concrete superplasticizer market in the Asia-Pacific region is experiencing a surge in demand due to the expanding scope of its applications. In the construction sector, these adhesives are increasingly being utilized for advanced techniques such as bonding floor structures to beams, attaching interior wallboards to studs, and producing smooth wall surfaces. Furthermore, the use of structural sealants to affix curtain wall panels without mechanical fasteners represents a novel application, which is anticipated to fuel market expansion throughout the forecast period. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Ready-mix concrete
  • Precast concrete
  • High-performance concrete
  • Others
• Type
  • Sulfonated naphthalene formaldehydes (SNF)
  • Modified lignosulfonates (MLS)
  • Polycarboxylic acid (PC)
  • Sulfonated melamine formaldehydes (SMF)
• Geography
  • APAC
    • China
    • Japan
  • Europe
    • Germany
    • France
  • North America
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise in residential and commercial construction activities
• Increasing demand for concrete admixtures
• Increased investment in infrastructure

However, the market also witnesses some limitations, which are as follows:

• Volatility in raw material prices
• Harmful effects of plasticizers on environment
• Increasing adoption of smart concrete

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Market Scope in Concrete Superplasticizer Market Research Report

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Research Analysis Overview

The concrete admixture market, specifically superplasticizers, plays a significant role in the building sector, enhancing the properties of cementitious materials in concrete production. Carboxyl grafted copolymers, such as poly-carboxylates (PCE) and Phosphonate-based superplasticizers, are commonly used. These chemicals, including modified lignosulfonates, enable low-dosage use, improving mechanical strength, load-bearing capacity, and workability in High-Performance Concrete (HPC) and regular concrete for various applications, from housing construction to high-rise building construction and precast concrete. In the concrete admixture market, superplasticizers are essential for enhancing the performance of cement in building finishing projects, such as malls and other structures, while ensuring resistance to chlorides and other detrimental substances like limestone.

Market Research Overview

The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals used in the production of various products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the market size is determined by the consolidated revenue of these companies. Key growth drivers for this market include the increasing preference for specialty adhesives and sealants in the building sector. Carboxyl grafted copolymers, a type of specialty chemical, significantly contribute to the enhancement of aesthetic appearance, building finishing, and the overall performance of cementitious materials, including cement. The construction industry's ongoing expansion and the demand for sustainable, durable, and eco-friendly building solutions will further fuel the market's growth. Additionally, the increasing use of chlorides as cement additives will create new opportunities for specialty chemicals manufacturers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/