The global Concrete Admixtures Market is set to grow from USD 18.6 billion in 2023 to USD 25.9 billion by 2028, recording a CAGR of 6.9%, according to a new report titled “Concrete Admixtures Market – Global Forecast to 2028.”
This growth is attributed to rapid urbanization, robust infrastructure development in emerging economies like China and India, and the demand for high-quality, durable construction. Technological innovation in the construction industry is also driving adoption.
Key market segments include:
- Type: Superplasticizers, Normal Plasticizers, Accelerators, Retarders, Air-entraining admixtures
- Application: Residential, Commercial, Infrastructure
- Region: APAC, Europe, North America, RoW
Asia-Pacific is projected to remain the largest regional market throughout the forecast period, backed by infrastructure investment, government policies, and economic development.
Key Players:
- Sika AG (Switzerland)
- Saint-Gobain (France)
- MAPEI S.p.A. (Italy)
- Fosroc Inc. (UAE)
- RPM International Inc. (US)
- Penetron (US)
Recent Developments:
- Sika AG acquired MBCC Group (May 2023)
- Saint-Gobain absorbed GCP Applied Technologies into Chryso
- MAPEI launched a new manufacturing plant in Laval, Canada
- Fosroc inaugurated its third India experience center in Bengaluru
- RPM expanded via acquisition of a Texas-based plant (2021)