GITNUX MARKETDATA REPORT 2024

Concrete Admixtures Industry Statistics

The concrete admixtures industry is expected to show steady growth due to increasing demand for high-performance concrete in infrastructure projects.

With sources from: marketstudyreport.com, grandviewresearch.com, gminsights.com, mordorintelligence.com and many more

Statistic 1

The global concrete admixtures market size was valued at USD 15.68 billion in 2020.

Statistic 2

The concrete admixtures industry is expected to exhibit a CAGR of 6.3% from 2021 to 2028.

Statistic 3

Superplasticizers are expected to register the fastest CAGR of 7.0% by revenue from 2021 to 2028.

Statistic 4

Non-residential applications dominated the concrete admixtures market with a share of over 64.0% in 2020.

Statistic 5

The Asia Pacific had the largest market share of over 43.0% in 2020.

Statistic 6

The global concrete admixture market size is expected to reach USD 21.39 billion by 2028.

Statistic 7

The demand for concrete admixtures in non-residential applications is expected to reach 1,073.0 kilotons by 2028.

Statistic 8

The concrete admixtures market in Latin America is expected to expand at a CAGR of 9% from 2021 to 2028.

Statistic 9

In India, the demand for superplasticizers is projected to increase by 8.8% by 2027.

Statistic 10

Accelerating admixtures held the second-largest market share in 2020, valued at USD 2.77 billion.

Statistic 11

Mineral-based admixtures accounted for 55% of the total admixture market.

Statistic 12

The market for concrete admixtures in Africa is expected to register a CAGR of more than 5% during the forecast period 2022-2027.

Statistic 13

China dominated the concrete admixtures market in the Asia-Pacific region in 2020.

Statistic 14

The concrete retarders market is anticipated to reach a value of USD 1,579.5 Million by 2023.

Statistic 15

The residential sector contributes to about 55% of the total usage of the global concrete admixtures market.

Statistic 16

The USA is home to 48.7% of the North American concrete admixtures market as of 2018 and is predicted to continue its dominance until 2026.

Statistic 17

Europe is the second-largest market for concrete admixtures, projected to grow at a CAGR of 3.5% from 2021 to 2028.

Statistic 18

Superplasticizers are estimated to register a CAGR of about 12% in the Middle East & Africa during the forecast period.

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In this post, we will explore a comprehensive overview of the global concrete admixtures industry, analyzing key statistics and projections that shape the market landscape. From market size and regional trends to specific product segments and applications, we delve into the data to provide valuable insights into the evolving dynamics of this vital sector.

Statistic 1

"The global concrete admixtures market size was valued at USD 15.68 billion in 2020."

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Statistic 2

"The concrete admixtures industry is expected to exhibit a CAGR of 6.3% from 2021 to 2028."

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Statistic 3

"Superplasticizers are expected to register the fastest CAGR of 7.0% by revenue from 2021 to 2028."

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Statistic 4

"Non-residential applications dominated the concrete admixtures market with a share of over 64.0% in 2020."

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Statistic 5

"The Asia Pacific had the largest market share of over 43.0% in 2020."

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Statistic 6

"The global concrete admixture market size is expected to reach USD 21.39 billion by 2028."

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Statistic 7

"The demand for concrete admixtures in non-residential applications is expected to reach 1,073.0 kilotons by 2028."

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Statistic 8

"The concrete admixtures market in Latin America is expected to expand at a CAGR of 9% from 2021 to 2028."

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Statistic 9

"In India, the demand for superplasticizers is projected to increase by 8.8% by 2027."

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Statistic 10

"Accelerating admixtures held the second-largest market share in 2020, valued at USD 2.77 billion."

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Statistic 11

"Mineral-based admixtures accounted for 55% of the total admixture market."

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Statistic 12

"The market for concrete admixtures in Africa is expected to register a CAGR of more than 5% during the forecast period 2022-2027."

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Statistic 13

"China dominated the concrete admixtures market in the Asia-Pacific region in 2020."

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Statistic 14

"The concrete retarders market is anticipated to reach a value of USD 1,579.5 Million by 2023."

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Statistic 15

"The residential sector contributes to about 55% of the total usage of the global concrete admixtures market."

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Statistic 16

"The USA is home to 48.7% of the North American concrete admixtures market as of 2018 and is predicted to continue its dominance until 2026."

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Statistic 17

"Europe is the second-largest market for concrete admixtures, projected to grow at a CAGR of 3.5% from 2021 to 2028."

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Statistic 18

"Superplasticizers are estimated to register a CAGR of about 12% in the Middle East & Africa during the forecast period."

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Interpretation

The concrete admixtures industry has displayed significant growth potential, with a strong market size valued at USD 15.68 billion in 2020, expected to reach USD 21.39 billion by 2028. Superplasticizers are emerging as a key driver, projected to lead with the fastest CAGR in various regions worldwide. Non-residential applications have been dominating the market, particularly in the Asia Pacific and Latin America regions, where substantial growth is also forecasted. Regional variations in market dominance, such as China in Asia-Pacific and the USA in North America, underscore the importance of understanding specific market dynamics for strategic expansion. The increasing demand for specific types of admixtures, alongside regional growth trajectories, highlights lucrative opportunities for industry players to capitalize on the evolving dynamics within the concrete admixtures market.

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