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Construction Additives Market by Type (Chemical, Mineral, Fibres), by End-Use (Residential Sector, Non-Residential Sector), by North America (United States, Canada, Mexico), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of Middle East Africa), by Asia Pacific (China, Japan, India, South Korea, Taiwan, South East Asia, Australia, Rest of Asia-Pacific), by Europe (Germany, France, Italy, United Kingdom, Spain, Nordics, Benelux, Rest of Europe), by Latin America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The Construction Additives Market size was valued at USD 72.76 USD Billion in 2023 and is projected to reach USD 107.97 USD Billion by 2032, exhibiting a CAGR of 5.8 % during the forecast period. Additives for construction are those that are added to concrete or mortar to change their characteristics in some way or the other. These are known to be of several types and they include plasticizers, superplasticizers, accelerators, retarders, and air entraining agents. A plasticizer and a superplasticizer enhance the workability of concrete and decrease the water-cement ratio whereas an accelerator hastens the setting time of concrete. Retarders delay the rate of curing and as such are suitable for warm temperatures. Admixtures like the air-entraining agents create many small air voids to enhance the freeze-thaw durability. Some of the available construction additives include strength, durability, and workability properties that a material should possess. They are used for areas like the foundations for buildings, bridges, and highways, as well as in precast structures where they must improve the performance and durability of the concrete.
Construction Additives Trends
Type:
End-Use:
This comprehensive market report provides detailed insights into the construction additives industry, covering:
The Asia Pacific region is projected to hold the largest market share due to rapid urbanization and infrastructure development in countries like China and India. North America and Europe are other key markets for construction additives.
Consumers of construction additives include contractors, builders, engineers, architects, and project owners. They are increasingly demanding high-performance, sustainable, and cost-effective additives.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.8% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.8% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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