Market Leader - Concrete Admixtures Market
In terms of value, the concrete admixtures market is estimated to grow from USD 18.6 billion in 2023 to USD 25.9 billion by 2028, at a CAGR of 6.9%. Concrete admixtures have grown in popularity as the enriched quality of construction and urbanization has increased tremendously worldwide in the last two decades. These factors drive the concrete admixtures market.
The key players profiled in the report include Sika AG (Switzerland), Saint-Gobain S.A. (France), MAPEI S.p.A. (Italy), Fosroc, Inc. (UAE), CICO Group (US), Dow Inc. (US) Xypex Chemical Corporation (Canada), and RPM International Inc. (US). The concrete admixtures market has witnessed strong growth in the past few years; new technologies drive the growth of this market. Market players are introducing new technologies and features to acquire larger market shares.
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Sika AG is a Switzerland-based specialty construction chemicals company. Sika AG is one of the major manufacturers of construction chemicals, constantly focusing on innovative technologies and products for the construction industry. The company offers its products for a wide range of applications such as concrete admixtures, waterproofing systems, sealants, adhesives, flooring systems, roofing systems, and industrial coatings. It is one of the leading players in the concrete admixtures market. Sika operates in two major business segments: the construction industry and industrial manufacturing. It operates in 103 countries worldwide with 400 production sites and has a significant global footprint. In May 2023, the company completed the acquisition of the MBCC group after having received all necessary regulatory approvals. This acquisition is set to accelerate the sustainable transformation of both Sika and the global construction industry.
Saint-Gobain is a French multinational building materials company headquartered in Courbevoie, France. It offers a diverse range of concrete admixtures for various applications including residential and commercial construction, infrastructure projects, and industrial projects. The company offers these products through its subsidiaries such as GCP Applied Technologies, Chryso Inc., and Saint-Gobain Weber (formerly Sodamco). Saint-Gobain operates in 75 countries: Europe, North America, Asia Pacific, the Middle East & Africa, and the South American region. In September 2022, Saint-Gobain acquired GCP Applied Technologies. Further it will be flawlessly integrated into Chryso Inc, a subsidiary within Saint-Gobain's High Performance Solutions segment, which will enhance company's comprehensive offerings in this domain.
Related Reports:
Concrete Admixtures Market by Type (Superplasticizers, Normal Plasticizers, Accelerating Admixtures, Retarding Admixtures, Air-entraining Admixtures), Application (Residential, Commercial, Infrastructure), and Region - Global Forecast to 2028
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