The global concrete admixture market size accounted for USD 17,260 million in 2024 and is predicted to touch around USD 31,490 million by 2034, growing at a CAGR of 6.2% from 2024 to 2034.
The concrete admixtures market refers to the industry that sells concrete admixture, which is the substance added to concrete in its hardened state to improve properties like durability, workability, and strength. The types of admixtures used are accelerating admixtures, retarding admixtures, water-reducing admixtures, super plasticizing admixtures, and air-entraining admixtures. The market growth is driven by the increasing number of residential and commercial real estate and infrastructure developments worldwide, and the continued industrialization and urbanization of the Asia Pacific and African regions. There is also a rise in the demand for materials used in construction to increase durability and strength.
The key restraints that the market faces are government rules and regulations around the pollution caused by concrete, contributing to high raw materials prices. The concrete admixtures market will grow in the future due to advancements in the materials used in production, rising commercial and residential projects, a growing construction sector, technological advancements in the construction sector, and a growing demand for sustainable construction. The market is in high demand in the Asia Pacific region, where the construction sector is growing rapidly.
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| Stats ID: | 7417 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7417 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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