Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360-degree analysis of micro and macro-economic factors on the global Concrete Superplasticizers market. In addition, complete analysis of changes on the global Concrete Superplasticizers market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. During the course of COVID pandemic, building and construction sector has suffered a great loss. Since, in most of the part of the globe, lockdown was imposed to restrain the growth of virus due to which the supply of construction material also got affected and the construction of buildings also got restraint which has majorly affected the sale of concrete superplasticizers. Also, lockdown restricted the growth of chemical industry of many of the countries, for instance, China being one of the largest manufacturers of chemicals also faced several losses, according to a report released by National Bureau of Statistics of China in April 2020, the chemical manufacturing in China slumped by around 20% while profits declined by 66%, as compared to year 2019. However, on the brighter side, as the lockdown has been lifted up and vaccination campaign is running at a rapid pace, it is expected that the demand for concrete superplasticizers is likely to lift up in coming years.
The concrete superplasticizers market is witnessing tremendous growth during the forecast period 2022-2028. In almost every part of the globe, as the construction industry is growing at a rapid pace, the demand for construction material is also increasing rapidly. Concrete superplasticizers is highly used in the cements concrete, owing to its various properties such as high workability & fluidity. In addition to that, in recent years, more focus has been made on minimizing the water consumption in the construction industry in every possible aspect, due to which the use of concrete superplasticizer is increasing at a rapid pace, as it reduces the water requirement in the materials used in the construction. Moreover, the use of concrete superplasticizers is highly increasing in the ready-mix concrete as well, as it saves time and cost for the end-users.
In recent years, as the population is increasing at a rapid pace, and domestic income is growing at a rapid pace, there has been a great scope for the growth of construction industry. Also, in developing countries such as China, India, etc. as the globalization is taking place and urbanization is increasing at a drastic rate, the growth rate of construction has been also surged, which is likely to create the demand for the Concrete Superplasticizers as well. Since, Concrete Superplasticizers is used in many of the construction materials. Also, in the last few years house renovation has been also increased, which is likely to create an opportunity for the Concrete Superplasticizers market to grow further.
Concrete Superplasticizers market is growing at a rapid pace, but still one of the major reasons which hinders the growth of this market is, the excess use of concrete superplasticizers may cause adverse impact on health. Since, breathing vapors with high levels of Concrete Superplasticizers can cause respiratory issues, thus in many of the cases, Also, People with breathing problems such as asthma may be more susceptible to the effects of inhaling concrete superplasticizer. Moreover, in many of the cases, it has been also noticed that the excess use of concrete superplasticizers may cause skin burn and irritation to eyes as well. Thus, owing to various health hazards associated with concrete superplasticizers restrict the growth of this market to a certain extent.
The key challenge which concrete superplasticizers market is facing is the availability of the substitutes for the concrete superplasticizers in the market. As the research and development in the construction is increasing, a huge emphasis is being made for the substitutes of concrete superplasticizers as well, in recent years, shotcrete concrete and polymer concrete are two new forms of concrete that have emerged in the market, which are getting popular in the market. These substitutes are able to finish the projects at a faster rate and extremely efficient when employed for commercial purposes, also easy availability of these materials is likely to hamper the growth of market.
The report provides in-depth analysis of global Concrete Superplasticizers market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With growing construction industry in almost every part of the globe, the market share of concrete superplasticizers market is expected to witness the growth at a specific CAGR from 2022-2028.
The Concrete Superplasticizers market is bifurcated into type, form, application and geography.
The global Concrete Superplasticizers market is market is studied for various types such as Sulfonated Naphthalene Formaldehydes (SNF), Polycarboxylate Derivatives (PC), Polycarboxylic Ether Based (PCE), Polycarboxylic Acid Based (PCA), Sulfonated Melamine Formaldehyde (SMF), Modified Lignosulfonates (MLS), and others. Among various types of the concrete superplasticizers, PC-based superplasticizers are widely used in the market, since they are able to adopt 40% of water reduction at very low dosage rates compared to their counterparts. Likewise, excellent water reduction capability is projected to propel the demand for polycarboxylate derivatives (PC) superplasticizers during the forecast period.
On the basis of form, global Concrete Superplasticizers market is market is studied for Liquid and Powder. For various forms of the concrete superplasticizers, powder is considered to hold the major share in the market. Since, powder form concrete superplasticizers has high range water reduction property and it gives excellent early and high ultimate strength. Furthermore, it improves the early strength and gives easier demolding coupled with rise in the density of concrete, also it can be it easily mixed with the construction material, which drives the demand for powder formed concrete superplasticizers.
On the basis of application, global Concrete Superplasticizers market is market is studied for fly ash concrete, high-performance concrete, precast concrete, ready mix concrete, self-compacting concrete and others. In terms of application, the concrete superplasticizers are most commonly used for the ready-mix concrete. Since, ready-mix concrete is considered to be the largest manufactured concrete across the globe, also it is widely demanded in the across residential, commercial, and industrial constructions. It is easy to transport and has a great applicability when it comes to completing the project at a rapid pace.
The report analyses various geographical regions such as North America, Europe, Asia Pacific and Rest of the World. Based on Geography, Asia-Pacific region is expected to hold the largest share in the market, since this is region which is comprising of countries like India, China and Japan; which are recognized as the fastest developing nations across the globe. In this region, as the commercialization is taking place and globalization is growing rapidly, the construction sector is witnessing a rapid growth, which has increased the demand of concrete superplasticizers in the construction material. Moreover, China has been widely recognized as one of largest manufacturers and exporters of the concrete superplasticizers across the globe. Furthermore, rapid urbanization in developing economies of Africa and Latin America coupled with developing infrastructure is anticipated to drive superplasticizers market growth.
The Concrete Superplasticizers system market is witnessing high competition owing to presence of many major players in the market. The key companies operating in the Concrete Superplasticizers system market are catering to the demand by collaborating, innovative, acquiring small players and investing in a technologically advanced product portfolio across the globe.
The key players studied in market are Arkema SA (Brazil), Asahi Glass Co., Ltd. (Japan), BASF SE (Germany), CAC Pvt Ltd. (Japan), Enaspol A.S. (Czech Republic), Fritz-Pak Corporation (US), Fuclear Technologies Inc. (Canada), HA-BE Betonchemie GmbH & Co. (Germany), Hangzhou Lans Concrete Admixture (China), KAO Corporation (Japan), Lafarge (France), Lanya Concrete Admixture (China) and Mapei S.P.A. (Italy).
February 2019: BASF launched New PCE based superplasticizer. Melflux SELECT 4411 F constitutes a new PCE based superplasticizer that has been specifically designed for classical ternary Self-levelling underlayments. This new superplasticizer in powder form enables longer slump retention and improved temperature robustness as well as compatibility with all kinds of fruit-based acids
September 2019: Arkema launched a new superplasticizer, namely, Ethacryl DM. It shows all the properties of the Ethacryl range and is easy to handle, no dust and fast soluble. It's particularly suitable for self leveling mortars, screeds, industrial flooring, tiles adhesives and all dry concrete applications
September 2019: BASF launched an innovative strength-enhancing admixture in Sydney. The new solution, Master X-Seed STE, significantly improves both early and late-age strength development in concrete and helps make concrete production more efficient. The concept originated from BASF’s Master X-Seed patented technology, a unique seeding technology used to promote Calcium Silicate Hydrate through synthetically produced nanoparticles.
The Concrete Superplasticizers market is growing at rapid pace, owing to various factors such as increased use of Concrete Superplasticizers in the application in the construction material. The global Concrete Superplasticizers market is market is studied for various applications such as fly ash concrete, high-performance concrete, precast concrete, ready mix concrete, self-compacting concrete and others. On the basis of form, the market is studied for liquid and powder. Moreover, global Concrete Superplasticizers market is market is studied for various types such as Sulfonated Naphthalene Formaldehydes (SNF), Polycarboxylate Derivatives (PC), Polycarboxylic Ether Based (PCE), Polycarboxylic Acid Based (PCA), Sulfonated Melamine Formaldehyde (SMF), Modified Lignosulfonates (MLS), and others. On the basis of geography, the market is studied for North America, Asia-Pacific, Europe and Rest of the world.
FREQUENTLY ASKED QUESTIONS
What are the major drivers and opportunities in the Concrete Superplasticizers market?
Growing construction industry is likely to augment the demand for concrete superplasticizer market.
What are the major strategies adopted by the key players?
Product launches and deals such as acquisitions, partnerships and agreements are the major strategies adopted by the key players of Concrete Superplasticizers market.
Which region contributes to the largest market share in Concrete Superplasticizers market during the forecast period?
Asia-Pacific contributes the largest market share in Concrete Superplasticizers market during the forecast period.
