Tuesday, August 7, 2012

Global Concrete Admixtures Market worth $15.07 Billion by 2017


According to the new market research report Global Concrete Admixtures Market - By Product, Types & Geography – Market Estimates up to 2017, published by MarketsandMarkets, the global concrete admixtures revenue is expected to grow from $9,402 million in 2012 to $15,079 million by 2017, growing at an estimated CAGR of 9.91% from 2012 to 2017. As of year 2012, Asia-Pacific is expected to lead concrete admixtures consumption followed by Middle East and Africa region and Europe. North America and South America stands after the European region in the consumption of concrete admixtures. Plasticizers are estimated to lead amongst the other concrete admixtures in their consumption in which normal plasticizers would show a higher consumption and super-plasticizers would stand next in the global consumption of concrete admixtures. Waterproofing admixtures, accelerating agents, retarding agents, and air-entraining agents are expected to contribute their share in the consumption of concrete admixtures after the plasticizers. Other concrete admixtures are also expected to comprise a significant share in the global concrete admixtures consumption.

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The concrete admixtures are widely preferred in construction industry as these offer enhanced properties such as improved compressive or flexural strength; decreased permeability; reduction in shrinkage; corrosion resistance; increased slump and workability; retard or accelerate initial setting time; increased cement efficiency as compared to conventional concrete used in the construction. The increasing construction activities in Asia-Pacific and Middle East regions are one of the main drivers for its increasing consumption globally. The global concrete admixtures consumption is expected to grow at an estimated CAGR of 6.88% from 2012 to 2017.

The market dynamics of concrete admixtures industry are studied for market insights such as drivers, restraints, and opportunities. The main drivers of automotive plastics utilization are its high demand in developing countries, improved quality and economics of construction, and steadily growing urbanization trend. The factors restraining the market could be established infrastructures in developed countries and unstable economic cycle. The opportunities are cited in utilization of Ready Mix Concrete (RMC) in developing countries.

The report also touches on various other important aspects of the market. It includes an analysis of the value chain, Porters five forces analysis, the competitive landscape, a raw material analysis, patent analysis, as well as the fracturing process. It also includes an analysis of the production cost. In addition, 11 key players of this market have also been profiled.

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