Concrete Admixtures Market Size, Share, Trends and Forecast, 2032

Industry Prospective:

The global concrete admixture market was worth around USD 13.95 billion in 2023 and is estimated to grow to about USD 24.68 billion by 2032, with a compound annual growth rate (CAGR) of approximately 6.2% over the forecast period. The report analyzes the concrete admixture market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the concrete admixture market.

Concrete Admixture Market: Overview

Concrete admixtures are used to improve the quality of concrete in the construction industry and rising demand for better infrastructure and advancing construction technologies are expected to boost the Concrete admixture market growth over the forecast period.

Rapid advancements in building technologies, increasing demand for sustainable construction, rising research and development, increasing availability of Concrete admixture, changing construction industry landscape, rapid infrastructural developments are some of the major factors that propel Concrete admixture market potential through 2032.

Rising costs of Concrete admixture and the presence of toxic and harmful chemicals in them are expected to act as major constraining factors for the Concrete admixture market over the forecast period.

COVID-19 Impact:

The COVID-19 pandemic restricted construction activity on a global scale and had a major adverse impact on the Concrete admixture market growth. Demand and supply chain gaps created a shortage of raw materials which hampered construction activities all over the globe under the lockdown restrictions placed to contain the spread of coronavirus infections.

Additionally, inadequate availability of skilled labor and strict restrictions prohibiting construction activity majorly restrained concrete admixture market growth in 2020.

The negative trend of the market is expected to diminish as the pandemic subsides and the world construction activity resumes. The Concrete admixture market is expected to rise at a steady pace in the post-pandemic era and Concrete admixture manufacturers are expected to restore Concrete admixture market growth trend to normal.

Concrete Admixture Market: Growth Drivers

Rising adoption of superplasticizers to Drive Concrete Admixture Market Growth

Superplasticizers are gaining massive popularity in recent times as they substantially reduce the requirement of water in construction and this is a major positive point for multiple construction companies as they are looking for alternatives to reduce the use of water in activity. These admixtures provide all these benefits without compromising the integrity and strength of the construction.

Concrete admixture Market: Restraints

Adverse Impact on Environment and Human Health

The increasing cost of basic and intermediate chemicals used in the formulation of concrete admixtures is anticipated to prove a major obstacle in Concrete admixture market growth and this is expected to be a major issue as the sustainability trend bolsters. The rising demand to reduce the use of harmful chemicals is expected to adversely affect sales of Concrete admixture through 2028

Global Concrete Admixture Market: Segmentation

The global concrete admixture market is segregated based on product, application, and region.

By Product, the market is divided into superplasticizers, accelerators, retarders, water reducers, air entraining mixture, fly ash, silicate fume, plasticizers, synthetic CSH, and others. The air-entraining admixtures segment is projected to rise at the fastest CAGR over the forecast period owing to its characteristic ability to stabilize microscopic air bubbles in concrete which makes it a more strong solution and improves the overall quality of construction

By Application, the concrete admixture market is segmented into residential, non-residential, commercial. The residential application segment is expected to see rapid growth in multiple regions owing to rising urbanization and increasing demand for housing on a global scale. Leading markets for this segment are expected to be India, China, and the Unites States.  The non-residential and commercial segments are expected to be propelled by rising industrialization on a global scale and are expected to see the fastest growth through 2028.

Report Scope:

Recent Developments

• In February 2022 –  leading manufacturer of concrete and masonry construction products named Euclid Chemical announced the launch of new concrete admixtures at World of Concrete event. The new high performance admixtures are called  EUCOSHIELD, EUCON ECO-STRENGTH, and EUCON® AM-10L.

Regional Landscape

The Concrete admixture market in the Asia Pacific region leads the global concrete admixture market and is expected to account for a dominant share throughout the forecast period. Rapid urbanization and industrialization have fueled the demand for infrastructure in this region and this is expected to majorly increase the construction activity in this region and drive the demand for Concrete admixture through 2028. India and China are expected to lead the demand for concrete admixtures market in the Asia Pacific region.

The market for concrete admixture in Europe is anticipated to exhibit lucrative opportunities for Concrete admixture manufacturers and is projected to be a significant contributor to the global Concrete admixture market landscape over the forecast period.  Sustainability is expected to be a major trend governing Concrete admixture market growth in this region through 2028.

Competitive Landscape

Some of the main competitors dominating the global concrete admixture market include -

• Bosch Packaging Technology
• Krones AG
• Optima Packaging Group GmbH
• Pro Mach Inc.
• Gebo Cermex
• IMA S.p.A.
• Festo Corporation
• Combi Packaging Systems LLC
• DS Smith plc
• Schneider Packaging Equipment.

Global concrete admixture market is segmented as follows:

By Product

• Superplasticizers
• Accelerators
• Retarders
• Water reducers
• Air entraining mixture
• Fly ash
• Silicate fume
• Plasticizers
• Synthetic CSH
• Others

By Application

• Residential
• Non-residential
• Commercial

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

Frequently Asked Questions