Asia Pacific, Latin America, and the Middle East Lignosulfonate-based Concrete Admixtures Market: Snapshot
The markets for lignosulfonate-based concrete admixtures in Asia Pacific, Latin America, and the Middle East are witnessing strong growth in their size and valuation. Driven significantly by the constant rise in the construction industry, as lignosulfonate-based concrete admixtures are necessary components of a construction, these regional markets are expected to continue their growth streak in the years to come.
Browse Market Research Report: http://www.transparencymarketresearch.com/asia-pacific-lignosulfonate-based-concrete-admixtures-market.html
Although the easy availability of efficient alternatives at much cheaper price range may create obstacles in the growth trajectory of these markets, the significant surge in the investment in the infrastructure sector across the Middle East is anticipated to offer lucrative opportunities for the further growth of this market over the next few years, normalizing the effect of this restraint.
The markets for lignosulfonate-based concrete admixtures in Latin America, Asia Pacific, and the Middle East jointly stood at US$98.9 mn in 2014. Researchers predict these markets to report a CAGR of 4.20% between 2015 and 2023 and attain a collective value of US$143.1 mn by the end of 2023.
Asia Pacific to Retain Leading Position
In 2014, Asia pacific led the overall market for lignosulfonate-based concrete admixtures due to the high demand for plasticizers and superplasticizers from the construction sector in this region. Over the coming years, Asia Pacific is anticipated to report a higher growth rate than other regional markets over the next few years. The increasing trend of urbanization and industrialization in various Asian countries, such as China and India, and the ASEAN nations is likely to boost the demand for lignosulfonate-based concrete admixtures in this region in the near future.
The Middle East market for lignosulfonate-based concrete admixtures is also projected to expand significantly over the forthcoming years, thanks to the surging demand for these admixtures in Saudi Arabia, Qatar, Kuwait, and the UAE, stimulated by the rise in investments in the building and construction industry for the improvement in infrastructure in these countries. On the other hand, the Latin America market for lignosulfonate-based concrete admixtures will be driven by the upswing in industrialization in the years to come.
Get accurate market forecast and analysis on the Lignosulfonate-based Concrete Admixtures market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7072
Demand for Plasticizers to Remain Strong
Among plasticizers and superplasticizers, the former reported a greater demand in 2014 with a share of more than 65%. Although superplasticizers will report a higher CAGR, the demand for plasticizers will remain strong in the years to come, thanks to the significant rise in the construction industry. The high water reducing capability of superplasticizers is expected to boost their demand in the near future, ensuring a high growth rate.
At the forefront of the market for lignosulfonate-based concrete admixtures in Latin America, Asia Pacific, and the Middle East are BASF SE, W.R. Grace Co-Conn., Sika AG, Fosroc International, CEMEX S.A.B. de C.V., CICO Technologies Ltd., CHRYSO Group, Mapei International, Sodamco-Weber, and Pidilite Industries Ltd. These players rely heavily on technological advancements for their growth.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453