Exploring GCC Concrete Admixture Market Opportunity, Latest Trends, Demand, and Development By 2027- MarkNtel Advisors
According to Markntel Advisors Report, GCC Concrete Admixture Market is expected to grow at a significant growth rate, and the analysis period is 2022-2027, considering the base year as 2021.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Concrete
admixtures are additives/materials that act as enhancers to the concrete before
or during cement mixing. Adding these chemicals to freshly formed concrete or
hardened concrete alters the properties, enriching the cement mixture.
Moreover, in construction plants, they are delivered in liquid form &
directly added to concrete. Its primary functions include corrosion inhibition,
shrinkage reduction, alkali-silica reactivity reduction, workability
enhancement, water reduction, damp proofing, coloring, among others. With the
rise in the construction sector, the demand for the concrete admixtures
industry is expected to grow in the coming years.
Global GCC Concrete
Admixture Market Research Report & Summary:
The GCC Concrete Admixture Market is anticipated to grow at a CAGR of around 4%
during the forecast period, i.e.,
2022-27.
Time
Period Captured in the Report:
·
Historical
Years: 2017-20
·
Base
Years: 2021
·
Forecast
Years: 2022-27
Who are the Key Players Operating in
the GCC Concrete Admixture Market?
The top
companies of the GCC Concrete Admixture Market ruling the industry
are:
BASF SE,
Sika GCC, MBCC Group, Arkema Middle East DMCC (Bostik), Chryso Group, Mapei
S.p.A., Dow Chemical Company, Arkaz Alsharq Building Materials, Don
Construction Products Ltd., Fosroc Inc
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What is Included in GCC Concrete Admixture
Market Segmentation?
The GCC Concrete Admixture Market explores the
industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
- By Admixture Type
- Water Reducer (plasticizers, mid-range plasticizers and
superplasticizers)
- Accelerator (triethanolamine, calcium formate, silica fume, etc.)
- Retarder (calcium sulphate or gypsum. Starch, cellulose products,
etc.)
- Air Entraining (vinsol resin, darex, Teepol, Cheecol, etc.)
- Alkali Aggregate Expansion Inhibitors (aluminum powder and lithium
salts)
- Corrosion Admixture (sodium benzoate, sodium nitrate, sodium
nitrite etc.)
- Others (Pozzolanic, Damp-proofing, Gas Forming, Air detainer,
etc.)
- By End User
- Residential
- Corporate Buildings
- Healthcare
- Oil and Gas
- Hospitality
- Public Utility (Dams, Bridges, Airports, Roads, etc.)
- Manufacturing
- Others (Power Plants, Education Institutes, etc.)
- By Country
- UAE
- Saudi Arabia
- Oman
- Qatar
- Kuwait
- Bahrain
Explore the Complete GCC Concrete
Admixture Market Analysis Report – https://www.marknteladvisors.com/research-library/gcc-concrete-admixture-market.html
Market Dynamics
Key Driver
Rising Number of Construction Projects
& Repair of Existing Structures
The growing
number of construction activities focused on the development of new commercial
& residential buildings in Saudi Arabia, the UAE, Qatar, Oman, etc., have
led to an increased demand for concrete admixtures. Concrete admixtures provide
high durability & ensure the high quality of concrete during mixing,
curing, and transporting. Furthermore, the countries in the region have an
increasing number of construction projects under their strategic initiatives,
and long-term infrastructure strengthening goals, that are closely associated
with the development of modern residential complexes & commercial
structures. In addition, the rising implementation of the Public-Private
Partnership (PPP) model in the GCC’s construction sector, along with the
numerous government projects such as the Red Sea project, Silicon Park project,
Furjan Wadi Lusail, etc., has escalated the demand for the concrete admixture
market.
·
In 2019, Abu Dhabi introduced Public-Private
Partnership regulations to support & increase private sector investment for
the development of infrastructure across the UAE.
·
In 2018, the government of Saudi Arabia signed
five agreements for the construction of around 19,000 housing units in Riyadh.
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