The market size, in terms of value, of concrete admixtures is estimated to be about USD 11.68 billion in 2015 and is projected to reach USD 18.10 billion by 2020, at a CAGR of 9.15% between 2015 and 2020. The concrete admixtures market, along with its applications, witnessed high growth in the past few years and is likely to continue so in the coming years. The drivers identified for the concrete admixtures demand are growing infrastructure requirements in developing economies, improving economics of construction, and shifting preferences of population towards urbanization. It is also influenced by consumer awareness, need for durable and aesthetic civil structure, and other benefits achieved in making concrete structures more economical for contractors and other stakeholders.
Complete report on global Concrete Admixtures market spread across 165 pages, profiling 10 companies and supported with 81 tables and 44 figures is now available at http://www.rnrmarketresearch.com/global-concrete-admixtures-market-by-product-types-geography-market-estimates-up-to-2017-market-report.html .
The impact of high demand in developed countries is gradually expected to decline from high to low in next five years due to the completion of various infrastructure projects. The impact of improving quality and economics of construction is expected to remain moderate due to increasing consumer awareness about benefits of admixtures. The impact of growing urbanization trend is expected to be low-to- medium, due to anticipated saturation in the residential housing sector.
The Asia-Pacific and the Middle East & African regions are expected to grow at promising rates in the next five years in concrete admixtures market. The growing population trend in Asia-Pacific region and the need for improved infrastructure is anticipated to increase the global demand for concrete admixtures.
Steady population growth and the need for improved infrastructure is the main driver of increased demand for concrete admixtures in the developing countries such as China, India, Korea, Vietnam, and Indonesia.
End-use markets with the best growth prospects
Infrastructure applications are estimated to have the best growth prospects for concrete admixtures market between 2015 and 2020.
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A comprehensive coverage and analysis of the concrete admixtures market in North America, Europe,
Asia-Pacific, South America, and Middle East & Africa
Competitive landscape of the major players and their developments in the concrete admixtures market
Identify opportunities with high-potential for concrete admixtures
Identify and target high-growth application segments
On a related note, another research titled Shotcrete/Sprayed Concrete Market Global Forecast to 2020, says the shotcrete market is projected to register a market size of USD 7.6 Billion in terms of value by 2020, signifying a firm annualized growth of 8.0% between 2015 and 2020. It also includes the company profiles and competitive strategies adopted by different market players, including BASF SE (Germany), Sika AG (Switzerland), Heidelberg Cement AG (Germany), Cemex S.A.B. De C.V. (Mexico), Fox Industries Inc. (U.S.), Strata Worldwide LLC (U.S.), KPM Industries Ltd (Canada), Custom-Crete Inc. (U.S.), The Euclid Chemical Company (U.S.), Unibeton Ready Mix L.L.C. (UAE), Thiessen Team USA Inc. (U.S.), Multicrete Systems Inc. (Canada), Conmix Ltd (UAE), LKAB Berg & Betong AB (Sweden), Minerals Technologies Inc. (U.S.), Prestige Concrete Products (U.S.), Quikrete Companies Inc. (U.S.), and IPA Systems Inc. (U.S.), research available at http://www.rnrmarketresearch.com/shotcretesprayed-concrete-market-by-process-wet-dry-applications-underground-construction-water-retaining-structures-protective-coatings-repair-works-others-systems-geography-global-t-market-report.html .
Explore more reports on Cement, Concrete & Asphalt market at http://www.rnrmarketresearch.com/reports/materials-chemicals/cement-concrete-asphalt .
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