South America Ready Mix Concrete Market Size
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2018 - 2030 |
|
Market Volume (2024) | 151.98 Million Cubic meters |
|
|
Market Volume (2030) | 203.98 Million Cubic meters |
|
Largest Share by End Use Sector | Residential |
|
|
CAGR (2024 - 2030) | 5.03 % |
|
Largest Share by Country | Brazil |
Major Players |
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|
||
|
*Disclaimer: Major Players sorted in alphabetical order. |
South America Ready Mix Concrete Market Analysis
The South America Ready Mix Concrete Market size is estimated at 151.98 million Cubic meters in 2024, and is expected to reach 203.98 million Cubic meters by 2030, growing at a CAGR of 5.03% during the forecast period (2024-2030).
151.98 Million
Market Size in 2024 (Cubic meters)
203.98 Million
Market Size in 2030 (Cubic meters)
1.45 %
CAGR (2018-2023)
5.03 %
CAGR (2024-2030)
Largest Market by Product
71.60 %
volume share, Transit Mixed, 2023
Owing to the strict timelines of construction projects and the use of affordable concrete in the country's construction industry, transit mix has dominated the market.
Largest Market by End Use Sector
36.83 %
volume share, Residential, 2023
Due to the growing usage of ready-mix concrete for applications such as building foundations, floors, walls, columns, etc., the residential sector has dominated the market.
Largest Market by Country
41.19 %
volume share, Brazil, 2023
The high consumption of ready-mix concrete in Brazil for applications including foundations, beams, and columns in the commercial and infrastructure sectors, makes it the largest consumer in the region.
Fastest Market by Country
6.10 %
Projected CAGR, Brazil, 2024-2030
Owing to the largest infrastructure spending in the region coupled with the growing consumption of construction chemicals in residential construction, Brazil is expected to register the fastest growth in the region.
Leading Company
6.95 %
market share, Polimix Concreto, 2022
In 2022, the company holds the largest share owing to its ready-mix concrete production capacity of around 13.2 million cubic meters per year. The company serves customers across various construction sectors.
The commercial sector is the fastest-growing end-use sector in the region, while the residential sector is to remain at the pole position during the forecast period in South America
- In 2022, South America witnessed a surge in ready-mix concrete consumption, with a notable uptick of 14.1 million tons compared to the previous year. This rebound was largely attributed to the region's recovery from the setbacks of the COVID-19 pandemic. Bolstered by a surge in construction activities across sectors, South America was poised to witness a 1.71% growth in ready-mix concrete consumption in 2023.
- In 2022, the residential sector dominated South America's ready-mix concrete landscape, accounting for a significant 36.3% share. Within this sector, transit-mixed ready-mix concrete emerged as the preferred choice, capturing a substantial 75% of the sector's total consumption. Projections indicated that the residential sector's demand for ready-mix concrete will climb to nearly 144.8 million cubic meters in 2023, marking a 1.71% increase from 2022.
- The infrastructure sector in South America is another key player in the ready-mix concrete arena. In 2022, it commanded a sizable 30% share of the region's demand. Notably, transit-mixed ready-mix concrete is anticipated to witness the highest compound annual growth rate (CAGR) of 4.86% in volume between 2023 and 2030.
- South America's commercial sector is set to witness the most significant surge in ready-mix concrete consumption, with a projected CAGR of 5.78% during the forecast period. This uptick is primarily driven by the region's expanding commercial floor area. For instance, the commercial new floor area is expected to grow from 211 million square feet to 283 million square feet during the forecast period (2023-2030).
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Brazil is the largest and fastest-growing market for ready-mix concrete in South America
- In South America, the ready-mix concrete market is predominantly driven by the residential and infrastructure sectors. In 2022, these sectors held shares of 36% and 30%, respectively. In 2023, the region's ready-mix concrete consumption grew by approximately 1.71% compared to 2022, primarily fueled by increased demand from the residential sector.
- Accounting for over half of South America's landmass and being the largest economy in the region, Brazil stands as the leading consumer of ready-mix concrete. In 2022, Brazil's residential sector accounted for a significant 63% of the country's total consumption. The commercial sector's new floor area is expected to witness the highest growth rate, and the consumption volume is projected to record a CAGR of 7.65% during the forecast period.
- Argentina, the second-largest economy in South America, also holds a prominent position in terms of ready-mix concrete consumption in the region. In 2022, the residential sector in Argentina consumed 2.2 million cubic meters, marking a 4.44% decline from 2021. Argentina's market is dominated by the transit mixed type, which is the traditional form of ready-mix concrete.
- Among the South American nations, Brazil is expected to witness the most significant surge in ready-mix concrete consumption, recording a CAGR of 6.02% during the forecast period. This growth is attributed to the rising adoption of shrink-mixed concrete, which offers advantages like reduced bulk volume and enhanced truck loading capacity. Brazil's consumption of shrink-mixed concrete is projected to record the fastest CAGR of 7.22% during the forecast period.
South America Ready Mix Concrete Market Trends
Growing foreign direct investments (FDIs) in the region to aid the market demand in the coming years
- In 2022, the commercial sector in South America saw a significant decline of 16.2% in new floor area construction, largely driven by a 9.16% drop in Argentina. However, the sector was poised for a rebound in 2023, with a projected 4.75% increase in volume output. This growth can be attributed to economic growth and a surge in commercial construction, as various industries in the region attracted foreign direct investments (FDI) in 2022. In 2022, the Economic Commission for Latin America and the Caribbean (ECLAC) reported a robust 55.2% rise in FDI in the region.
- The construction volume in the sector witnessed a notable growth of 15.9% in 2020 and a further 3.29% in 2021. This growth was a result of South American governments prioritizing the infrastructure and construction sectors. They eased restrictions, allowing construction, maintenance, and project development activities in private and public ventures. This move aimed to meet crucial milestones, deadlines, and economic recovery goals.
- The commercial sector in South America is projected to witness robust growth in new floor area construction, registering a CAGR of 4% in volume during the forecast period (2023 to 2030). The region is witnessing a notable shift in its commercial construction landscape. Notable projects like the Paulinia Data Center and Porto Alegre Data Center I, initiated in 2023, are among the largest in the region. Additionally, investors are eyeing office buildings, shopping centers, and logistic parks in Brazil, which are expected to fuel market demand in the coming years.
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Affordable housing schemes and subsidies in South America to influence higher construction in the residential sector
- In 2022, the residential sector in South America witnessed a 3.35% surge in new floor area construction compared to the previous year. However, Argentina saw a notable decline of 9.16% in this metric. In 2023, the sector was projected to maintain its growth trajectory, with a construction volume expected to be 3.3% higher than in 2022. This growth can be attributed to factors like increasing urbanization, rising per capita income, and overall economic expansion, all of which are fueling the demand for housing.
- Amidst the backdrop of the COVID-19 pandemic in 2020, South America saw a significant uptick of 11.83% in new floor area construction compared to the previous year. This was a deliberate move by the South American government, which prioritized the construction sector to mitigate the economic downturn and support workers, given the sharp decline in household incomes. Consequently, restrictions on construction activities, including quarantines, were eased.
- Several South American nations are rolling out initiatives to make housing more affordable for their growing populations. For example, in February 2023, Brazil relaunched its nationwide federal housing program, targeting low-income individuals. In October 2023, the World Bank approved a USD 100 million financing package for Ecuador, specifically aimed at bolstering affordable and resilient housing. Bolivia's efforts to ramp up the supply of low-cost housing and maintain reasonable prices are poised to further stoke the demand for residential spaces. As a result, the residential sector in South America is projected to witness a CAGR volume of 4.09% during the forecast period (2023-2030).
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Rising investment on industrialization and sustainable developments in South America, coupled with private sector participation, to propel the growth of industrial construction
- Upcoming infrastructure projects in Argentina and Brazil to create upswings in the region's infrastructure sector over the assessment period
South America Ready Mix Concrete Industry Overview
The South America Ready Mix Concrete Market is fragmented, with the top five companies occupying 21.90%. The major players in this market are Argos Group, Polimix Concreto, Supermix, UNACEM and Votorantim Cimentos (sorted alphabetically).
South America Ready Mix Concrete Market Leaders
Argos Group
Polimix Concreto
Supermix
UNACEM
Votorantim Cimentos
Other important companies include CEMEX, S.A.B. de C.V., Holcim, LenoBetão, Melón S.A, ULTRACEM S.A.S.
*Disclaimer: Major Players sorted in alphabetical order.
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South America Ready Mix Concrete Market News
- August 2023: Polimix Concreto augmented its presence in Brazil's concrete market by inaugurating a new production facility for ready-mix concrete in Campinas, Sao Paulo.
- May 2023: Polimix Concreto expanded its presence in Brazil's concrete market by commissioning a new manufacturing facility in Mooca, Sao Paulo. Polimix Concreto aims to cater to more customers through this expansion.
- September 2022: Holcim completed divesting its business in Brazil to Companhia Siderúrgica Nacional for USD 1.025 billion. The divestment includes Holcim's 19 ready-mix concrete plants.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.
South America Ready Mix Concrete Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. End Use Sector Trends
2.1.1. Commercial
2.1.2. Industrial and Institutional
2.1.3. Infrastructure
2.1.4. Residential
2.2. Major Infrastructure Projects (current And Announced)
2.3. Regulatory Framework
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)
3.1. End Use Sector
3.1.1. Commercial
3.1.2. Industrial and Institutional
3.1.3. Infrastructure
3.1.4. Residential
3.2. Product
3.2.1. Central Mixed
3.2.2. Shrink Mixed
3.2.3. Transit Mixed
3.3. Country
3.3.1. Argentina
3.3.2. Brazil
3.3.3. Rest of South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Argos Group
4.4.2. CEMEX, S.A.B. de C.V.
4.4.3. Holcim
4.4.4. LenoBetão
4.4.5. Melón S.A
4.4.6. Polimix Concreto
4.4.7. Supermix
4.4.8. ULTRACEM S.A.S
4.4.9. UNACEM
4.4.10. Votorantim Cimentos
5. KEY STRATEGIC QUESTIONS FOR CONCRETE, MORTARS AND CONSTRUCTION CHEMICALS CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, SOUTH AMERICA, 2018 - 2030
- Figure 2:
- FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, SOUTH AMERICA, 2018 - 2030
- Figure 3:
- SPENDING ON INFRASTRUCTURE PROJECTS, USD, SOUTH AMERICA, 2018 - 2030
- Figure 4:
- FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, SOUTH AMERICA, 2018 - 2030
- Figure 5:
- VOLUME OF READY-MIX CONCRETE CONSUMED, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 6:
- VOLUME OF READY-MIX CONCRETE CONSUMED BY END USE SECTOR, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 7:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED BY END USE SECTOR, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 8:
- VOLUME OF READY-MIX CONCRETE CONSUMED IN COMMERCIAL SECTOR, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 9:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED IN COMMERCIAL SECTOR, BY PRODUCT, %, SOUTH AMERICA, 2023 VS 2030
- Figure 10:
- VOLUME OF READY-MIX CONCRETE CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 11:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, BY PRODUCT, %, SOUTH AMERICA, 2023 VS 2030
- Figure 12:
- VOLUME OF READY-MIX CONCRETE CONSUMED IN INFRASTRUCTURE SECTOR, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 13:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED IN INFRASTRUCTURE SECTOR, BY PRODUCT, %, SOUTH AMERICA, 2023 VS 2030
- Figure 14:
- VOLUME OF READY-MIX CONCRETE CONSUMED IN RESIDENTIAL SECTOR, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 15:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED IN RESIDENTIAL SECTOR, BY PRODUCT, %, SOUTH AMERICA, 2023 VS 2030
- Figure 16:
- VOLUME OF READY-MIX CONCRETE CONSUMED BY PRODUCT, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 17:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED BY PRODUCT, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 18:
- VOLUME OF CENTRAL MIXED REINFORCED CONCRETE CONSUMED, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 19:
- VOLUME SHARE OF CENTRAL MIXED REINFORCED CONCRETE CONSUMED BY END USE SECTOR, %, SOUTH AMERICA, 2023 VS 2030
- Figure 20:
- VOLUME OF SHRINK MIXED REINFORCED CONCRETE CONSUMED, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 21:
- VOLUME SHARE OF SHRINK MIXED REINFORCED CONCRETE CONSUMED BY END USE SECTOR, %, SOUTH AMERICA, 2023 VS 2030
- Figure 22:
- VOLUME OF TRANSIT MIXED REINFORCED CONCRETE CONSUMED, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 23:
- VOLUME SHARE OF TRANSIT MIXED REINFORCED CONCRETE CONSUMED BY END USE SECTOR, %, SOUTH AMERICA, 2023 VS 2030
- Figure 24:
- VOLUME OF READY-MIX CONCRETE CONSUMED BY COUNTRY, CUBIC METERS, SOUTH AMERICA, 2018 - 2030
- Figure 25:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 26:
- VOLUME OF READY-MIX CONCRETE CONSUMED, CUBIC METERS, ARGENTINA, 2018 - 2030
- Figure 27:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED BY END USE SECTOR, %, ARGENTINA, 2023 VS 2030
- Figure 28:
- VOLUME OF READY-MIX CONCRETE CONSUMED, CUBIC METERS, BRAZIL, 2018 - 2030
- Figure 29:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED BY END USE SECTOR, %, BRAZIL, 2023 VS 2030
- Figure 30:
- VOLUME OF READY-MIX CONCRETE CONSUMED, CUBIC METERS, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 31:
- VOLUME SHARE OF READY-MIX CONCRETE CONSUMED BY END USE SECTOR, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 32:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, SOUTH AMERICA, 2020 - 2023
- Figure 33:
- MOST ADOPTED STRATEGIES, COUNT, SOUTH AMERICA, 2020 - 2023
- Figure 34:
- PRODUCTION CAPACITY SHARE OF READY-MIX CONCRETE BY MAJOR PLAYERS, %, SOUTH AMERICA, 2022
South America Ready Mix Concrete Industry Segmentation
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Central Mixed, Shrink Mixed, Transit Mixed are covered as segments by Product. Argentina, Brazil are covered as segments by Country.
- In 2022, South America witnessed a surge in ready-mix concrete consumption, with a notable uptick of 14.1 million tons compared to the previous year. This rebound was largely attributed to the region's recovery from the setbacks of the COVID-19 pandemic. Bolstered by a surge in construction activities across sectors, South America was poised to witness a 1.71% growth in ready-mix concrete consumption in 2023.
- In 2022, the residential sector dominated South America's ready-mix concrete landscape, accounting for a significant 36.3% share. Within this sector, transit-mixed ready-mix concrete emerged as the preferred choice, capturing a substantial 75% of the sector's total consumption. Projections indicated that the residential sector's demand for ready-mix concrete will climb to nearly 144.8 million cubic meters in 2023, marking a 1.71% increase from 2022.
- The infrastructure sector in South America is another key player in the ready-mix concrete arena. In 2022, it commanded a sizable 30% share of the region's demand. Notably, transit-mixed ready-mix concrete is anticipated to witness the highest compound annual growth rate (CAGR) of 4.86% in volume between 2023 and 2030.
- South America's commercial sector is set to witness the most significant surge in ready-mix concrete consumption, with a projected CAGR of 5.78% during the forecast period. This uptick is primarily driven by the region's expanding commercial floor area. For instance, the commercial new floor area is expected to grow from 211 million square feet to 283 million square feet during the forecast period (2023-2030).
| End Use Sector | |
| Commercial | |
| Industrial and Institutional | |
| Infrastructure | |
| Residential |
| Product | |
| Central Mixed | |
| Shrink Mixed | |
| Transit Mixed |
| Country | |
| Argentina | |
| Brazil | |
| Rest of South America |
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Market Definition
- END-USE SECTOR - Ready-mix concrete consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
- PRODUCT/APPLICATION - Under the scope of the study, the consumption of transit-mixed, shrink-mixed, and central-mixed ready-mix concrete are considered.
| Keyword | Definition |
|---|---|
| Accelerator | Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Adhesives | Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc. |
| Air Entraining Admixture | Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete. |
| Alkyd | Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride. |
| Anchors and Grouts | Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc. |
| Cementitious Fixing | Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors. |
| Commercial Construction | Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc. |
| Concrete Admixtures | Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties. |
| Concrete Protective Coatings | To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings. |
| Curing Compounds | Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability. |
| Epoxy | Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc. |
| Fiber Wrapping Systems | Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets. |
| Flooring Resins | Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic. |
| High-Range Water Reducer (Super Plasticizer) | High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete. |
| Hot Melt Adhesives | Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes. |
| Industrial and Institutional Construction | Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc. |
| Infrastructure Construction | Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc. |
| Injection Grouting | The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration. |
| Liquid-Applied Waterproofing Membranes | Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. |
| Micro-concrete Mortars | Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc. |
| Modified Mortars | Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption. |
| Mold Release Agents | Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others. |
| Polyaspartic | Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments. |
| Polyurethane | Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc. |
| Reactive Adhesives | A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Rebar Protectors | In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction. |
| Repair and Rehabilitation Chemicals | Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures. |
| Residential Construction | Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes. |
| Resin Fixing | The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing. |
| Retarder | Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time. |
| Sealants | A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action. |
| Sheet Waterproofing Membranes | Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress. |
| Shrinkage Reducing Admixture | Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation. |
| Silicone | Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc. |
| Solvent-borne Adhesives | Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers. |
| Surface Treatment Chemicals | Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others. |
| Viscosity Modifier | Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement. |
| Water Reducer | Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others. |
| Water-borne Adhesives | Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent. |
| Waterproofing Chemicals | Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement. |
| Waterproofing Membranes | Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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