Market Size of Europe Concrete Admixtures Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Concrete Admixtures Market Analysis
The concrete admixtures market in Europe is estimated to grow with a CAGR of over 5% during the forecast period.
- Over the long term, increasing demand from the residential construction sector and recovering the construction sector in emerging economies are the major factors driving the market.
- On the other side, lack of skilled workforce and awareness among the construction industry workers.
- Growing investment in the construction sector in Italy post-COVID-19 outbreak can act as an opportunity for the market.
- In Europe, Germany is expected to dominate the concrete admixture market.