According to a research study by Grand View Research, Inc., the global Concrete Admixtures Market is estimated to witness a strong CAGR of approximately 7% during the forecast period (2017 to 2025). Concrete admixtures are manufactured/natural substances added to concrete while mixing. Admixtures provide special properties to fresh as well as hardened concrete and can improve durability and workability of concrete. Some of the major types of these admixtures are air-entraining agents, waterproofing agents, water reducing agents, retarding agents, and accelerating agents.
Admixture manufacturers across the world are focusing on new product and technology development to fulfill the changing needs of customers. One of the leading companies, GCP Applied technologies, Inc., has launched a new admixture called “Concera concrete admixtures” that enables production of control-flow concrete. Control-flow concrete is a new class of highly flowing concrete created with common mix designs that offer better segregation resistance.
Control-flow concrete is particularly useful in beams, walls, decks, footers and pilings, floors, and columns. Concrete created with the help of Concera ready mix admixtures shows excellent flow maintenance and high consistency without retardation, which requires little to no rework or patching. In addition, using Concera admixtures makes the concrete easier for placement, which eventually enables relatively faster completion of constructions.
Rapid growth of the global concrete admixtures market is credited to rising investments in infrastructure development by government and private sectors across the globe. In addition, rapid urbanization in emerging regions of the world is predicted to escalate the demand for concrete admixtures, which in turn, could boost overall market growth during the next few years.
The Dow Chemical Company; RPM International Inc.; BASF SE; MAPEI S.P.A.; Pidilite Industries Ltd.; Sika AG; and Chryso S.A.S. are some of the major companies dominating the global market for concrete mixtures. Global business expansion, product development, and mergers and acquisitions are some of the key strategies followed by these companies to attract more consumers and maintain their market position.
https://www.grandviewresearch.com/industry-analysis/concrete-admixtures-market
