India Concrete Admixtures Market
Forecast and Trends
Admixtures Market is anticipated to propagate at a significant rate during the
forecast period 2019-2026 due to increasing investment in the construction and
infrastructure projects, as it is used to improve the quality of cement.
Government investments in the development of airports are expected to propel
the demand for concrete admixtures.
Rapid increase in
the urban population is largely being witnessed in metro cities of the country,
and this has an important impact on economic development. Moreover, non-metro
cities track suit to such development schemes, and has resulted in fast-growing
urbanization, which signifies growth opportunities and challenges for numerous
end-use industries. Thus, the urbanization is one of the key factors for the
India concrete admixtures market.
Admixtures Market: Overview
admixtures are finely distributed elements in concrete other than cement, water
and aggregate that are added to the concrete before or during the mixing
process. It is used to reduce the cost of concrete, to enhance or modify the
properties to hardened concrete, and to ensure the quality of concrete during
mixing. It improves workability, quality, rheology, durability, and other
properties of concrete. Concrete admixtures (additives) improves both physical
and chemical properties of concrete for various applications in construction
with special necessities. Concrete additives are used to attain desired
workability in case of low water cement ratio, and to enhance setting time of
concrete for long distance transportation of concrete.
Increasing commercial activities
spending in non-residential sector to develop commercial, office and industrial
buildings is expected to drive concrete admixtures market in India. These
non-residential applications are to be expected to gain significant advantage
during the forecast period. Health economic growth is anticipated to support
its growth with introduction of new manufacturing refineries, plants,
warehouses, restaurants, shopping malls, hotels and retail stores. Concrete
admixture are the most extensively consumed construction chemicals as they are
utilized as additions in concrete mix which assist in controlling the settling
time of fresh concrete. They are anticipated to witness an increase in demand
with redevelopment and construction activities carried out across the nation.
Easy availability of raw material
The raw materials
such as cement, additives, sand, etc., are easily available in Indian markets
at economically-feasible prices, which is estimated to increase the demand for
tile adhesives in the India concrete admixtures market. Adoption of new
techniques in construction, high use of concrete in the construction industry,
and huge demand from end-use industries have led to the growth of the concrete
admixtures market. Significantly increasing construction activities, due to
growing industrialization, is anticipated to drive the growth of the concrete
admixtures in the Indian market during the forecast period.
The cyclic nature of construction
cyclic nature of the construction industry, along with strict regulatory
processes, is hindering the growth of new construction projects in the Indian
market to a certain extent. Additionally, the lack of skilled labor in India is
also expected to impede the market growth.
Admixtures Market: Type
On the basis of
its Type, the market is segmented into Chemical Admixture and Mineral
Admixture, from which the Chemical admixtures segment is expected to hold the
largest market share, due to the high performance, high strength, excellent
workability and durability. Moreover, the chemical admixtures is further
divided into Water Reducer, Retarder, Accelerator, Air Entraining Admixture,
Viscosity Modifier, Others. Among these, the air entraining admixtures is
anticipated to grow at a high rate due to its ability to improve the durability
of concrete exposed to cycle of freezing and thawing. Growth in the product
demand is largely due to rising popularity of the high-rise buildings. The
demand for the high-rise buildings have indeed grown in the recent times. With
horizontal construction coming to halt due to limiting space in the city,
developers are widely favoring the construction of vertical high towers to
utilize more space.
India Concrete Admixtures Market: Application
on its Application, the market is segmented into Commercial, Residential and Infrastructure,
from which the Infrastructure segment is expected to hold the largest market
share owing to the demand for infrastructural development in India. The number
of medical centers, education hubs, airports, IT Park, retail shopping centers,
and shopping malls driven by better-quality living standards, rising tourism
culture, will significantly drive the market. Positive growth in construction
and renovation sector on account of increasing purchase power will consequently
improve the overall concrete admixture market growth over the expected time
Admixtures Market: Regional Insights
the India Concrete Admixtures market is segmented into Northern India, Southern
India, Eastern India, and Western India. The Northern India is anticipated to
grow at a considerable rate over the forecast period owing to the construction
activities in the cities such as Agra, Jhansi, Varanasi, Ghaziabad, etc.
Moreover, the smart city project in India is also contributing to the growth of
concrete admixtures in the Indian market.
Admixtures Market: Competitive Landscape
Major players in the India Concrete
Admixtures Market includes prominent names such as Ashland Inc., BASF SE, CEMEX
SAB de CV, CICO Technologies Ltd., Euclid Chemical Company, Fosroc
International, MAPEI SpA, MAPEI Construction Products India Pvt. Ltd., Pidilite
Industries, RPM International Inc., Sika AG, Flowcrete India Ltd., Concrete
Additives and Chemicals Pvt. Ltd., CHRYSO S.A.S., MYK LATICRETE India, Weber
Saint-Gobain, Polisan Kimya San. A.S.,
Shandong Wanshan Chemical Co. Ltd., Sakshi Chem Sciences Pvt. Ltd., KERAKOLL
India Pvt. Ltd., RPM International Inc., and other prominent players.
Admixtures Market: Recent Developments
In October 2019,
Adani Group has entered into a partnership with German chemical giant BASF to
set up chemical factory at Mundra.
In March 2019,
Penna Cement signed pact with SCR for long-term tarrif contract to transport
freight at fixed rate.
Scope of the Report
data – 2016-2019
Year – 2019
– 2019 – 2026
in USD Billion
India, Southern India, Eastern India, and Western India.
By Application and Region.
Inc., BASF SE, CEMEX SAB de CV, CICO Technologies Ltd., Euclid Chemical
Company, Fosroc International, MAPEI SpA, MAPEI Construction Products India
Pvt. Ltd., Pidilite Industries, RPM International Inc., Sika AG, Flowcrete
India Ltd., Concrete Additives and Chemicals Pvt. Ltd., CHRYSO S.A.S., MYK
LATICRETE India, Weber Saint-Gobain, Polisan Kimya San. A.S., Shandong Wanshan Chemical Co. Ltd., Sakshi
Chem Sciences Pvt. Ltd., KERAKOLL India Pvt. Ltd., RPM International Inc.,
and other prominent players.
Air Entraining Admixture
Others (Superplasticizers, etc.)
Blast Furnace Slag
Middle East & Africa
The objective of the Study:
Ø To analyze and forecast the India Concrete Admixtures Market
size of the market in terms of value.
Ø To examine the careful market segmentation and forecast the
market size, in terms of value, based on the region by segmenting.
Ø The India Concrete Admixtures Market segmented into four
regions, namely, Northern India, Southern India, Eastern India, and Western
Ø To outline, categorized,
and forecast the India Concrete Admixtures Market based on the Type, and