Market size for concrete admixture is projected to grow at a CAGR of over 5% over 2023-2032, backed by rapid urbanization and extensive infrastructure development.
The concrete admixture market share from residential application segment is slated to be over 35% by 2032, due to booming population and rising disposable incomes that have increased residential construction activities worldwide.
The robust infrastructure development, increasing urbanization, and stringent regulations promoting sustainable construction practices are driving the demand for concrete admixtures in Europe, making it promising avenue for industry players.
RPM International, Arkema, GCP Applied Technologies, CICO Group, Fosroc, Beijing Jiankai Concrete Additive, BASF SE, SIKA AG, CHRYSO S.A.S, and Concrete Additives and Chemicals Pvt. Ltd. among others.