Cement Admixture Market was valued at more than USD 14 billion in 2017
Market Summary
The mixing of fluid cement with a number of fine aggregates results in the formation of concrete. Admixtures are those substances, which are added to the mixture directly or before using it. The global cement/concrete admixture was valued at more than USD 14 billion in 2017 and is expected to expand rapidly during the forecast period. A proper configuration of admixture to concrete can result in benefits such as acceleration or retardation of setting time, improved quality, enhanced finish ability, and control of strength development, among others.
Market Summary Our Approach The Cement admixtures are widely used in residential constructions, complexes, industrial amenities, and infrastructure projects. The increase in infrastructure development projects in emerging economies and the reduction of water usage & construction time are the major driving factor of the market. The World Bank has estimated an investment of nearly USD 900 billion in infrastructure in developing countries until 2030 and favorable policies by the Foreign Direct Investments (FDI) focusing on infrastructural development will provide new opportunities in the coming years. The varying price of the required raw materials and lack of awareness about the benefits of admixture and lack of skilled labor may hinder the growth during the forecast period. Based on type, water reducer takes up a majority of the market share, followed by the waterproofing segment. In terms of application, the infrastructure segment is expected to witness the highest growth due to the surge in infrastructure projects. It accounted for more 35% of the industry share in 2017. Based on region, Asia Pacific leads the market, controlling over 30% of the industry share in 2017. China is reportedly one of the major consumers of concrete admixture. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/516
Market Summary Our Approach Further key findings from the report suggest • The polyester segment accounts for a market share of 13.9% in the year 2018. Polyester is a type of fabric which is extremely difficult to dye since it is a synthetic fabric made from petroleum. It needs high temperature and pressure in order to dye this fabric. • The textile industry is seeing growth due to an increase in demand for clothes with an increasing population, disposable income, and changing consumption pattern. • Apparels account for the largest market share of 48.8% in the year 2018. China became the largest consumer of textile dyes owing to the ever-growing apparel and textile production, and on the huge production of viscose and cotton. China became a leader in world apparel and home textile (sheets and towel) production because of its low-cost labor compared with other countries. • Home textile segment is forecasted to grow with a CAGR of 6.5% during the forecast period. This segment is witnessing a growth in the Asia Pacific region due to the high demand for traditionally crafted home textiles. • Asia Pacific is forecasted to grow with the highest CAGR of 6.6% during the forecast period. Countries like India, China, and Japan are rapidly catching up with the growth in the textile chemical market. Textile production and dyes consumption have shifted from North America to Asia. To identify the key trends in the industry, click on the link below: https://
www.reportsanddata.com/report-detail/global-cement-admixture-market-research-report-2017
Market Summary Our Approach Key participants –
The DOW Chemical Company BASF SE Sika AG Grace & Co. Others Market segment based on Type: Water Reducer Waterproofing Accelerator Plasticizers Viscosity Modifier Others
Market Summary Our Approach Market segment based on Application: Commercial Residential Industrial Infrastructure Order Now:https://www.reportsanddata.com/checkout-form/516
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