Chemical concrete admixtures are ingredients added to concrete during mixing to improve its properties and performance. They can enhance concrete's strength, durability, workability, and other characteristics, such as resistance to freeze-thaw cycles, corrosion, and chemical attack.
The market is segmented by types which include Chemical Admixtures and Mineral Admixtures. Chemical admixtures are typically organic or inorganic substances that are added to concrete to improve its properties. Chemical Admixtures dominate the market with high demand for water-reducing admixtures which are used to reduce the amount of water needed to achieve a certain level of workability, which improves the strength and durability of concrete. They can also help to prevent segregation and bleeding. Overall, chemical and mineral admixtures can significantly improve the performance and durability of concrete and are commonly used in modern construction. The selection and use of specific admixtures depend on the specific needs and requirements of each construction project.
Based on applications, the market is segmented into Commercial and Residential. The residential segment dominates the market, and the increasing demand for residential projects worldwide is expected to drive the Global Chemical Concrete Admixtures Market during the forecast period. The increasing population, growing nuclear families, and the rising migration of people to service sectors will drive the residential segment which will positively impact the Chemical Concrete Admixtures market. Residential properties such as apartments, bungalows, and villas are increasing in popularity in emerging countries due to rising urbanization.
Asia Pacific dominates the market owing to the expanding residential construction market in China and India. Asia-Pacific includes the largest low-cost housing construction segment, led by China, India, and other Asian countries.
In 2022, Sika Ag announced the opening of a new manufacturing plant in Stafford, Virginia to cater to the growing demand for Chemical Concrete Admixtures. The company recently announced the acquisition of MBBC Group, which is a chemical admixtures company in New Zealand.
Chemical admixtures can improve the strength, durability, and other properties of concrete, which can enhance its performance and longevity. The need for large-scale projects involving energy, road, rail, water, and other infrastructure will continue to drive demand in the construction sector, which would contribute further to the growing demand for the Chemical Concrete Admixtures market. Chemical admixtures can improve the workability of concrete, making it easier to place, compact, and finish. This can reduce construction time and costs. North America is estimated to register significant growth owing to the growing construction activities in the U.S. and Canada.
According to China’s five-year plan, the construction industry in the country is estimated to grow at a CAGR of 4-5%. China plans to increase the construction of prefabricated buildings to reduce pollution and waste from construction sites. Increasing spending power, and the population migrating from rural to urban areas, is expected to continue to drive the demand for the construction sector in China. The growing need for repair and maintenance of houses in developed economies is also likely to substantiate the growth of the Chemical Concrete Admixtures market during the forecast period.
Admixtures may contain chemicals that can be harmful to human health or the environment if not used and disposed of properly. If not disposed of properly, admixtures can leach into the soil and waterways, contaminating groundwater and surface water. Production of some chemical admixtures may involve the release of hazardous pollutants into the air, water, or soil.
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