Ingredients other than water, aggregate and Portland cement added to the concrete are termed as concrete admixtures. They are added to the mixture either before or during the mixing process. Admixtures boost workability. Furthermore, there are few admixtures that can even lower the initial strength and tends to increase the strength of the hardened concrete.
Increasing customer awareness and durable civil structure are the major factors responsible for driving the concrete admixtures in the Asia -Pacific region. The fact that admixtures make concrete structures cost effective for both contractors and stakeholders have also added to the popularity of the ingredient. Besides this, established infrastructure in many developed nations coupled with recent fluctuation in economic cycles has hampered the growth of the market. On the other hand, demand for paramount surface finishing as well as resistance to combat adverse weather conditions is likely to create greater opportunities.
The Asia Pacific concrete admixtures market segmented based on type and geography. The types covered in the market research report are superplasticizers, normal plasticizers, accelerating agents, waterproofing, retarding agents and air entraining agents. Regions experiencing tremendous growth includes China, India, Japan and Rest of Asia.
A closer look at the competitive landscape reveals that major IT brands are busy launching solutions and generating clients in the same month itself. Prominent market players are also seen acquiring new companies or local market players to maintain their competitive edge. Other business strategies favored by the companies include constant upgradation, joint ventures and collaborations. The key market players active in the concrete admixtures market includes CEMEX S.A.B. de N.V., Ashland Inc., The Dow Chemical Company, CICO Technologies Ltd., Chryso Sas, BASFSE, W.R. Grace & Co, SIKA AG, Rpm International Inc. and Pidilite Industries.
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KEY MARKET SEGMENTS