Segments - Concrete Superplasticizers Market by Type (Polycarboxylate (PC), Sulfonated Melamine Formaldehydes (SMF), Sulfonated Naphthalene Formaldehydes (SNF), Modified Lignosulfonates (MLS), and Others), Form (Powder and Liquid), Application (Ready-Mix, High-Performance, Precast, Self-Compacting, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global concrete superplasticizers market size was about USD 6 Bn in 2022 and is likely to reach USD 11 Bn by 2031, expanding at a CAGR of 7.5% during 2023–2031. The market growth is attributed to the increasing infrastructural projects and investments across the globe.
Concrete superplasticizers are chemical components with high water-absorbing ability thus, it is also called as high-range water reducers. Superplasticizers are chemical additives used to manufacture high-strength concrete. It is a chemical substance that helps in manufacturing concrete with a reduced water content of around 15% reduction. These components are used in small quantities usually only a few percent of the combined weight of the product. Curation of concrete is reduced by superplasticizers and plasticizers.
Concrete superplasticizers are used to build flowing and self-leveling concrete without adding water, reducing cement quantity, or affecting its strength. It provides high-strength and workable concrete by reducing the water content and thus, balancing the water-cement ratio. Superplasticizers are essential for preparing high-strength concrete and are suitable for various types of concrete elements such as foundations, water tanks, basements, tunnels, sewage canals, waste treatment tanks, and swimming pools.
The marsh cone test is the superplasticizer test that is carried out to discover its ideal dosage for different types of cement. It is a workability, checking and quality control process for cement pastes and grout. Grout is the material used to fill the thin line of mortar in the space between two tiles. The number of superplasticizers added to the concrete ranges from 0.1% to 0.5% of the overall weight of the cement.
The COVID-19 pandemic decreased the overall revenue of the global concrete superplasticizers market due to the sharp decline in manufacturing chemical and building products worldwide. As a part of preventive measures imposed by governments across countries to curb the virus spread, the prolonged shutdown of factories across various industries reduced the overall demand for construction materials.
The lack of timely supply of raw materials forced packaging manufacturers to either delay their production or reschedule their existing projects. However, the easing of lockdown and movement restrictions and increasing vaccination campaigns are projected to increase the demand for concrete superplasticizers during the forecast period.
Increasing government investments are projected to drive the market in the coming years. Usage of different types of concrete with various additive formulations has increased the number of construction projects. This, in turn, increases the use of superplasticizers and other components. Rapid urbanization and economic growth in various regions are expected to propel market growth. Additionally, increasing population boosts the need for infrastructure for accommodation, which fuels the market.
Lack of skilled labor is expected to restrain the market in the projection period. Increased usage and exposure to concrete superplasticizers cause health issues including respiratory issues. Moreover, slump loss occurs at the site of placing concrete due to delayed duration between placing and mixture. This affects the performance of the materials, which in turn impedes the market.
Development of phosphonate-based superplasticizers is expected to create lucrative opportunities in the market during the forecast period. Additionally, investments in research & development projects are anticipated to improve the efficiency of the construction industry, which is likely to create opportunities in the concrete superplasticizers market.
The report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Concrete Superplasticizers Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (Polycarboxylate (PC), Sulfonated Melamine Formaldehydes (SMF), Sulfonated Naphthalene Formaldehydes (SNF), Modified Lignosulfonates (MLS), and Others), Form (Powder and Liquid), and Application (Ready-Mix, High-Performance, Precast, Self-Compacting, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
BASF SE; MBCC; Sika AG; Arkema; MAPEI S.p.A; MUHU; ELETTRONDATA; Sure Chemicals; Kao Corporation; and Enaspol a.s |
Based on type, the concrete superplasticizers market is divided into polycarboxylate (PC), sulfonated melamine formaldehydes (SMF), sulfonated naphthalene formaldehydes (SNF), and modified lignosulfonates (MLS), and others. The polycarboxylate (PC) segment is expected to expand at a significant pace during the projection period, as it reduces water by up to 40% at a lower consumption rate than other types of concrete superplasticizers, which fueled the segment. Effective dispersing property of PC is expected to drive the market in the coming years.
On the basis of form, the global market is bifurcated into powder and liquid. The liquid segment is projected to expand at a considerable CAGR during the forecast period, as it is easy to combine the liquid with concrete, making it is easy to transport, and causes less environmental pollution. The liquid form of concrete allows for color to disperse effectively. Additionally, it reduces water bleed, which lessens shrinkage cracks and colored exteriors thus, fueling the segment.
In terms of application, the concrete superplasticizers market is categorized as ready-mix, high-performance, precast, self-compacting, and others. The ready-mix segment is expected to register a robust pace during the forecast period, as it is majorly manufactured concrete.
Ready-mix concrete is easy to transport and has numerous applications across various commercial, residential, and industrial construction projects thus, boosting the segment. It requires minimum space and labor force and is considered convenient for reducing labor & inventory costs. These factors are anticipated to drive the segment.
In terms of region, the global concrete superplasticizers market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period, as it is expected to have a significantly high production and consumption rate of concrete.
Rapid urbanization in the countries such as Japan, China, India, Indonesia, and South Korea is projected to result in high consumption of cement. This, in turn, drives the market in the region.
The concrete superplasticizers market has been segmented on the basis of
Key players operating in the global concrete superplasticizers market include BASF SE; MBCC; Sika AG; Arkema; MAPEI S.p.A; MUHU; ELETTRONDATA; Sure Chemicals; Kao Corporation; and Enaspol a.s. These companies adopt strategies such as acquisitions, partnerships, collaboration, mergers, R&D investments, and product launches to boost their market share. For instance,