Market Size of Concrete Superplasticizers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 6.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Concrete Superplasticizers Market Analysis
The concrete superplasticizers market is expected to register a CAGR of over 6% during the forecast period (2022-2027).
The COVID-19 pandemic had a negative impact on the market. However, the market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily during the forecast period.
- The growing trend of high-rise residential and commercial buildings and increasing government investment in infrastructure development projects are driving the demand for concrete superplasticizers.
- The development of new phosphonate-based superplasticizers is expected to offer various opportunities for the growth of the concrete superplasticizers market over the forecast period.
- Ready-mix concrete application is expected to dominate the concrete superplasticizers market over the forecast period.
- The Asia-Pacific region is the largest market, and it is also expected to be the fastest-growing market over the forecast period.