Superplasticizers market analysis was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2019 to 2025.
Market Outline: Superplasticizers Market Analysis
Superplasticizers, also known as high range water reducers, are chemical admixtures used where well-dispersed particle suspension is required. These polymers are used as dispersants to avoid particle segregation (gravel, coarse and fine sands), and to improve the flow characteristics (rheology) of suspensions such as in concrete applications. Their addition to concrete or mortar allows the reduction of the water to cement ratio without negatively affecting the workability of the mixture, and enables the production of self-consolidating concrete and high performance concrete. This effect drastically improves the performance of the hardening fresh paste. The strength of concrete increases when the water to cement ratio decreases. However, their working mechanisms lack a full understanding, revealing in certain cases cement-superplasticizer incompatibilities.
Market Dynamics: Superplasticizers Market Analysis
The primary driver in the global concrete superplasticizer market is the widening application scope of superplasticizer. Furthermore, the ongoing research and development projects to enhance the efficiency of the construction industry is expected to bode well for the growth of the global concrete superplasticizer market. Owing to factors such as mounting population and the need for efficient infrastructure to accommodate the rising population, the construction industry has received a shot in the arm. As a result of this, the demand for concrete superplasticizers is anticipated to intensify over the consecutive years. The key demand for concrete superplasticizers stems from emerging countries due to the development of infrastructure in the region and the rise in construction activities. Cost and ecological benefits are further expected to accelerate the sales of concrete superplasticizers. However, factors such as established infrastructure in developed regions are likely to challenge the expansion of the market. Moreover, the fluctuations in the prices of raw materials are likely to inhibit the growth of the global concrete superplasticizer market.
Market Scope: Superplasticizers Market Analysis
Superplasticizers Market Analysis is segmented based on product type, form, application, and end user
Based on product type, market is segmented into the following:
- Sulphonated Melamine Formaldehyde
- Sulphonated Naphthalene Formaldehyde
- Polycarboxylic Ether
Based on form, market is segmented into the following:
Based on the application, market is segmented into the following:
- Ready-Mix Concrete
- Precast Concrete
- Self-compacting Concrete
- High Performance Concrete
Based on the end users, the market is segmented into the following:
- Residential Construction
- Commercial Construction
- Infrastructural Construction
Regional Analysis: Superplasticizers Market Analysis
Geographically, Superplasticizers Market Analysis is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia-Pacific region is growing at a staggering rate as a result of rapid industrialization and growth in construction sector. Highest population ensures high availability of skilled labor and the region’s geographic location provides easy access to industrial goods markets across the globe. Beside this, huge inflow of investments in the construction sector of countries, such as China, India, Vietnam, Singapore, and Japan has positively impacted the real-estate sector – from residential and hospitality to commercial and industrial developments. All such factors are driving the market for superplasticizers in this region.
Competition Assessment: Superplasticizers Market Analysis
Some of the players in the Superplasticizers Market Analysis include:
- BASF SE
- Kao Corporation
- Sika AG
- Mapei SpA
- Nippon Shokubai
Notable Market Developments: Superplasticizers Market Analysis
In June 2017, BASF and Nuplex Construction Products (New Zealand) signed an agreement