Global Concrete Superplasticizers Market, By Type (PC Derivatives, Sulfonated Naphthalene Formaldehydes (SNF), Sulfonated Melamine Formaldehydes (SMF), Modified Lignosulfonates (MLS)), Application (Ready-Mix Concrete (RMC), Precast Concrete, High-Performance Concrete, Others), Form (Liquid Form, Powder Form), Application (Ready-Mix Concrete, Precast Concrete, High Performance Concrete, Others), End-use Sector (Residential, Commercial, Infrastructure, Other End-use Sectors) – Industry Trends and Forecast to 2029
Market Analysis and Size
The market for superplasticizers utilized in concrete has been boosted by increased infrastructure spending by governments and organizations around the world over the recent years. The use of numerous types of cements and concrete with a variety of additive formulations has increased as the rate of construction has increased. As a result of the increased use of concrete, the use of superplasticizers and other additives has also increased. Therefore, the market estimated to flourish over forecasted period.
Global Concrete Superplasticizers Market was valued at USD 4.37 billion in 2021 and is expected to reach USD 7.38 billion by 2029, registering a CAGR of 6.77% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Superplasticizers are chemical substances with a higher ability for absorbing water. High-range water reducers are another name for it. Superplasticizers are chemical additions that are used in the production of high-strength concrete. Plasticizers are chemical substances that allow for the manufacturing of concrete with a water content of about 15% less. Water content can be reduced by up to 30% with superplasticizers. These additives are used in small amounts, only a few percent of the total weight of the product. Concrete curing is slowed by plasticizers and superplasticizers.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (PC Derivatives, Sulfonated Naphthalene Formaldehydes (SNF), Sulfonated Melamine Formaldehydes (SMF), Modified Lignosulfonates (MLS)), Application (Ready-Mix Concrete (RMC), Precast Concrete, High-Performance Concrete, Others), Form (Liquid Form, Powder Form), Application (Ready-Mix Concrete, Precast Concrete, High Performance Concrete, Others), End-use Sector (Residential, Commercial, Infrastructure, Other End-use Sectors)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Arkema (France), Sika AG (Switzerland), BASF SE (Germany), GCP Applied Technologies Inc., (U.S.), MAPEI S.p.A. (Italy), Kao Corporation (Japan), M&I Materials Limited (U.K), Dupont (U.S.), SOLVAY (Belgium), W. R. Grace & Co.-Conn. (U.S.), Setral Chemie GmbH (Germany), Enaspol a.s (Czech Republic), CAC Admixtures (India), CHRYSO GROUP (France), Ashland Inc (U.S.) and Rhein-Chemotechnik GMBH (Germany)
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Market Opportunities
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Concrete Superplasticizers Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Surging Applications Across End Use Industries
One of the significant driver in the market is the widening application scope of concrete superplasticizers. Moreover, the increasing usage of ready-mix concrete in rising economies is estimated to carve a way for the growth of the market. The rising mega projects worldwide and enhancing the quality and finances of construction are some of the factors that are adding thrust to the growth of the global concrete superplasticizer market. Moreover, the growing demand for the superplasticizer material in the construction sector in order to boost the tensile potency of the concrete will help to impact the market growth in the forecast period.
The rapid urbanization along with the rapid economic growth will further propel the growth rate of concrete superplasticizers market. Additionally, the mounting population and the need for efficient infrastructure to accommodate the rising population will also drive market value growth. The increase in infrastructural investment by governments and organizations across the globe are also projected to bolster the growth of the market.
Opportunities
- Investments and Research and Development
Furthermore, the increasing investment and support from government extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the ongoing research and development projects to enhance the efficiency of the construction industry will further expand the future growth of the concrete superplasticizers market.
Restraints/Challenges
- Emergence of Substitutes
Shotcrete concrete and polymer concrete are two new forms of concrete that have emerged. The use of superplasticizers in these forms of concrete is not particularly widespread, despite the fact that they are extremely efficient when employed for commercial purposes where the operation must be completed at a fast pace. The availability of these alternatives is projected to hamper the market growth over the forecast period.
- Dearth of Skilled Workers
Furthermore, in areas and regions where the building and construction sector is thriving, there is a scarcity of skilled workers. This factor is estimated to stymie the market for concrete superplasticizers.
- Adverse Impact on Health
Also, the long-term use or overexposure to concrete superplasticizers causes health issues particularly respiratory issues, which will prove to be a demerit for the concrete superplasticizers market. Therefore, this factor will challenge the concrete superplasticizers market growth rate.
This concrete superplasticizers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the concrete superplasticizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Concrete Superplasticizers Market
The recent outbreak of coronavirus had a negative impact on the concrete superplasticizers market. The negative impact can be attributed to the halt in building and construction sector due to the various precautionary lockdowns imposed by governments to curb the spread of disease, which directly affects market growth. Moreover, the suspension of various building activities had a significant impact on over 65% of enterprises in the construction ecosystem. The building industry's downturn may result in a drop in global demand and sales as a result of a shortage of output. Most industries have been negatively impacted by the COVID-19 epidemic as a result of worldwide lockdowns, supply chain interruptions, and strict social distancing measures. The majority of industrial industries are encountering issues such as a lack of raw materials, a labor shortage, and severe disruptions in various manufacturing as well as the supply-chain operations all of which cause output to cease, which adversely affected the market's revenue trajectory.
On the brighter side, the market is estimated to revive as individual regulatory bodies begin to relax these enforced lockdowns. The suspended and cancelled operations (such as building and construction activities, supply chain and manufacturing operations) will continue. This is further projected to aid the market expansion over forecasted period.
Global Concrete Superplasticizers Market Scope
The concrete superplasticizers market is segmented on the basis of type, form, application and end-use sector. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- PC Derivatives
- Sulfonated Naphthalene Formaldehydes (SNF)
- Sulfonated Melamine Formaldehydes (SMF)
- Modified Lignosulfonates (MLS)
Form
- Ready-Mix Concrete (RMC)
- Precast Concrete
- High-Performance Concrete
- Others
Application
- Ready-Mix Concrete (RMC)
- Precast Concrete
- High-Performance Concrete
- Others
End-use Sector
- Residential
- Commercial
- Infrastructure
- Other End-use Sectors
Concrete Superplasticizers Market Regional Analysis/Insights
The concrete superplasticizers market is analyzed and market size insights and trends are provided by country, type, form, application and end-use sector as referenced above.
The countries covered in the concrete superplasticizers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the concrete superplasticizers market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the escalating population, raising investments within the construction industry, and rapid urbanization in this region.
North America on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing spending on research and development as well as the increase in construction activities in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Concrete Superplasticizers Market Share Analysis
The concrete superplasticizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to concrete superplasticizers market.
Some of the major players operating in the concrete superplasticizers market are
- Arkema (France)
- Sika AG (Switzerland)
- BASF SE (Germany)
- GCP Applied Technologies Inc., (U.S.)
- MAPEI S.p.A. (Italy)
- Kao Corporation (Japan)
- M&I Materials Limited (U.K)
- Dupont (U.S.)
- SOLVAY (Belgium)
- W. R. Grace & Co.-Conn. (U.S.)
- Setral Chemie GmbH (Germany)
- Enaspol a.s (Czech Republic)
- CAC Admixtures (India)
- CHRYSO GROUP (France)
- Ashland Inc (U.S.)
- Rhein-Chemotechnik GMBH (Germany)
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