MMR, global market research and consulting organization, has released a new study titled "Concrete Admixture market - Global outlook to 2027". Industries’ constant focus on reducing the operational cost and increased attention on core business, and the need to improve scalability are expected to shape the Global Concrete Admixture market to grow at a CAGR of %.

Global Concrete Admixture Market : was valued at US$ 14.25 Bn. in 2021. Global Concrete Admixture Market size is estimated to grow at a CAGR of 6.66 % over the forecast period.

According to an Analyst at MMR, the Global Concrete Admixture market will experience significant growth during the forecast period due to potential opportunities lying in the market. The market drivers are:

COVID-19 Impact:

Our team is working on the COVID 19 impact on various industry verticals and provide authenticate data to the client this data helps us understand the market situation. To understand the influence and factors of the COVID 19 on the global Concrete Admixture market with our expert monitoring which explains all the impacting factors and COVID impact on each key player are explained in the report.

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Market Segmentation:

Based on the Application, Residential segment is dominating the market with highest CAGR during the forecast period. Due to growing urbanisation and increased housing demand globally, the residential application segment is anticipated to have substantial expansion across a number of geographic areas. India, China, and the United States are anticipated to be the segment's top three markets. The non-residential and commercial segments are anticipated to increase at the quickest rates because to increasing industrialization on a global scale.

Based on Type, Water reducing segment is dominating the market with the highest CAGR during the forecast period. In hot weather, water-reducing admixtures are very useful since they reduce the amount of water required to mix your concrete to a pourable consistency. Concrete can become too weak if too much water is added to keep it pourable when heat causes it to set up too soon. The strength of your concrete will increase with the amount of water in the mix. One of the best forms of concrete admixtures when you need more strength and durability is a water-reducer. Water-reducing admixtures, for instance, are frequently used in the formulation of concrete for foundations.

The market is divided into main 5 regions and they are North America (U.S., Canada), Europe (U.K., Germany, France, Italy), Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea), Latin America (Brazil, Mexico, Argentina, Chile), and MEA (Saudi Arabia, South Africa, Egypt) respectively. The MMR Company provides government regulation and pricing analysis of each and everyone that helps to understand the market situation and current competition in the market.

Key Players:

• BASF SE
• SIKA AG
• GCP Applied Technologies
• RPM International Inc.
• Fosroc International Inc.
• Mapei S.P.A
• CICO Technologies Ltd.
• CHRYSO S.A.S
• Concrete Additives and Chemicals Pvt. Ltd.
• Rhein-Chemotechnik GmbH
• Weber Saint-Gobain
• Polisan Kamya San. A.S.
• Shangdong Wanshan Chemical Co. Ltd.
• Sakshi Chem Sciences Pvt. Ltd.
• Fritz-Pak Corporation
• Fuclear Technologies Inc.
• Ha-Be Betonchemie
• Lanya Concrete Admixtures
• MUHU
• Construction Materials Co. Ltd.
• Cormix International Ltd.

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The report provides a detailed analysis and forecast of the industry covering the following key features:

Industry outlook includes current and future market drivers, restraints, trends, challenges, emerging technologies, and recent developments.
Key industry developments and key insights
Significant marketing factors such as driver, restraints, opportunity, and challenges
Number of significant companies and their revenue and net income
Other market trends
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