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Global Concrete Waterproofing Admixture Market Insight February 8, 2022 Comments

According to the WK-chem Research “Global Concrete Waterproofing Admixture Professional Survey Report 2022, Forecast to 2027”,The acceleration of urbanization has stimulated the development of the Concrete Waterproofing Admixture market.The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 7.4% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
“Recent developments in the modern infrastructure industry have propelled new potential uses of concrete admixtures. BASF’s Construction Chemicals segment has launched an innovative admixture solution, SureTEC to supersede conventional construction materials. This super retention technology facilitates concrete manufacturers to regulate the overall workability of concrete between the batching plant and the placement site for an extended period even in adverse climate conditions. SureTEC focuses on sustainable construction and represents a breakthrough in admixture solutions.”said Becky Lee, Senior analyst,Chemical & Material Market Research Center in WK-chem Research.
Market insight:
Concrete admixtures are natural or synthetic additives blended during or before the mixing of concrete to significantly enhance its properties such as durability, corrosion inhibition, workability, finish ability, and compressive strength. These admixtures improve the quality of the concrete during the stages of transport, mixing & placing, and minimizes the curing of hardened concrete. The product also facilitates in reducing construction expenditure.Rising awareness of water scarcity has surged the demand for admixtures across the construction industry to acquire the desired workability without wasting a large volume of water. The demand, in turn, will subsequently fuel the concrete additive market growth. The European Union has enacted certain stringent policies to improve energy efficiency and promote sustainable construction techniques to minimize greenhouse gas emissions. These trends will have a positive impact on the concrete admixture market demand as it is widely applicable in the construction industry for building homes, commercial complexes, and non-residential infrastructure including medical centers, education hubs, retail shopping centers, etc.Admixtures are used to overcome complex construction conditions, such as low water-cement ratio specifications, early strength requirements, hot/cold weather placements, pumping requirements, etc. Housing construction will continue to rise in emerging nations owing to low interest rates in real estate and social & demographic factors, such as increasing per capita income, household formation, immigration, and internal migration, which will boost the concrete admixtures market demand from the residential sector.
Competition Landscape:
For instance, in 2018, BASF launched the Master X-Seed 55, a novel admixture technology, that significantly enhances durability, compressive & flexural strength of concrete. Similarly, in 2016, SIKA AG launched Sika Viscocrete GR 5000, a sustainable admixture, in Qatar that facilitates environmental-friendly and cost-effective construction techniques.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Concrete Waterproofing Admixture companies that include Cementaid (UK), Fosroc, Denka Company Limited, GCP Applied Technologies, Krishna Colours & Constchem, Ha-Be Betonchemie, Cormix International Limited, CEMEX Group, MAPEI, RPM International, Arkema, CICO Group, Beijing Jiankai Concrete Additive, etc.
Segmentation of Concrete Waterproofing Admixture Market:
The report segments the global concrete waterproofing admixtures market, in terms of product type, into pore-blocking, crystalline, and an others category notably including supplementary cementitious material. Of these, the crystalline one is expected to lead the global waterproofing admixtures market. They are used as a primary admixture and are largely hydrophilic. Their unique characteristic of filling even minor cracks in concretes stem from their self-healing abilities, which come from the mix of proprietary active chemicals and cementitious material. The other key segment pore-blocking admixtures have emerged as secondary admixtures. They act by forming an insoluble hydrophobic layer on concrete and hence stop the water to permeate through it. This product type falls under the PRA category of Permeability-Reducing Admixture for Non-hydrostatic conditions (PRAN). Water-repelling chemicals in pore-blocking admixtures consists notably of mineral oil, stearates, and long chain fatty acids derivatives.
Based on application, the global concrete waterproofing admixtures market has been segmented into commercial, infrastructure, and residential sectors. The residential application is projected to serve the major demand in the market. The prominence can be attributed to the rapidly rising demand for various types of waterproofing admixtures in old and new residential projects. The growth of the housing sector, especially in emerging economies, is bolstering the demand for waterproofing admixtures. This is supported by the swift pace of urbanization in various regions across the globe. Crystalline products have witnessed higher application owing to their attractive characteristics in managing hydrostatic pressure.In addition, the increasing construction of private residences, mixed-use buildings, apartments and high-rise buildings in emerging countries will increase product demand. Rising trend in home remodeling, increasing nuclear family and proliferating modular construction projects will support market growth.
Concrete Waterproofing Admixture Market: Regional Analysis
In terms of geography, the global Concrete Waterproofing Admixture market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.Among them, Europe occupies a major market share, and government spending on regional infrastructure development will significantly impact industry growth. One of the main goals of the European construction industry is to promote green energy and encourage smart infrastructure. The government aims to invest heavily in technology and foster innovation in the construction industry. Concrete is used in a wide variety of applications in the construction industry, such as building bridges, airports, roads, commercial complexes, and more. Therefore, concrete admixtures significantly improve the concrete production process.
Cagr: 7.4%
Largest share area:Europe
Largest share country:Germany
Product Type:Pore-Blocking, Crystalline, and Others
Application:Commercial, Infrastructure, and Residential Sectors
Leading Company:Cementaid (UK), Fosroc, Denka Company Limited, GCP Applied Technologies, Krishna Colours & Constchem