Booming Construction Industry Propels Lignosulfonate-based Concrete Admixtures Market inAsia Pacific

Posted June 16, 2016 by MOHITTMR

Lignosulfonate-based Concrete Admixtures Market - Size, Share, Growth, Trends and Forecast 2015 – 2023

Booming Construction Industry Propels asia pacific, latin america, and the middle east lignosulfonate-based concrete admixtures market in Lignosulfonates are easily soluble in water and are, as a result, used in a number of applications such as gypsum board, in the agrochemical sector as pesticide dispersants, in the construction industry as superplasticizers and plasticizers, in the animal feed segment as pellets, and in the oil and gas sector as oil-well drilling muds.

Need for Water-Reducing Chemicals Boosts Demand

The demand for lignosulfonate-based concrete admixtures has witnessed a steady rise in recent past thanks to the growth in the global infrastructure sector. Water-reducing chemicals are in great demand, especially in the concrete and construction industries. They help in minimizing the actual demand for water in concrete mixtures while maintaining the overall workability of the concrete. Surging need for water-reducing chemicals, in turn, boosts the market for lignosulfonate-based concrete admixtures.

View Exclusive Strategic Business Report :

In the developing markets of Asia Pacific, the Middle East, and Latin America, demand for economical and environment-friendly chemical admixtures from the burgeoning construction sector has steadied the development of the lignosulfonate-based concrete admixtures market. The need to improve the quality of construction in emerging economies, backed by growing demand for roads, buildings, tunnels, bridges, and water-retention structures has also propelled the lignosulfonate-based concrete admixtures market.

Rising infrastructure development projects in the Middle East is projected to open up significant opportunities for growth over the next eight years. However, increasing number of substitutes for concrete admixtures threatens to restrain the lignosulfonate-based concrete admixtures market.

Asia Pacific Identified as Largest and Fastest Developing Market by 2023

Among the key regional markets for lignosulfonate-based concrete admixtures – Latin America, Asia Pacific, and the Middle East, Asia Pacific emerged as the leader with the largest share of the overall market in 2014. One of the primary factors boosting the lignosulfonate-based concrete admixtures market in APAC is rapid growth in the infrastructure sector in India, China, and other ASEAN countries. A thriving construction industry in Asia Pacific translates into rising demand for plasticizers and superplasticizers, which in turn, results in increased demand for lignosulfonate-based concrete admixtures. Apart from being the largest market, Asia Pacific is also projected to develop at the highest CAGR by 2023, according to a report by Transparency Market Research.

Moderate Growth Anticipated in Lignosulfonate-based Concrete Admixtures Market

On the whole, the lignosulfonate-based concrete admixtures in the Middle East, Latin America, and Asia Pacific is anticipated to rise from a value of US$98.9 Mn in 2014 to US$143.1 Mn by 2023, registering a 4.20% CAGR from 2015 to 2023. The Latin America lignosulfonate-based concrete admixtures market is anticipated to record a modest growth rate over the next eight years, driven primarily by the development in the construction industry. The Middle East market for lignosulfonate-based concrete admixtures, on the other hand, is expected to emerge as a strong contender thanks to rising investments in the infrastructure sector in countries such as Kuwait, Saudi Arabia, the UAE, and Qatar.

Browse Full Lignosulfonate-based Concrete Admixtures Market Report With Complete TOC :

Some of the major players competing in the lignosulfonate-based concrete admixtures market in Latin America, Asia Pacific, and the Middle East are CEMEX S.A.B. de C.V., Fosroc International, Sodamco-Weber, W.R. Grace Co.-Conn, BASF SE, Pidilite Industries Limited, Sika AG, CICO Technologies Limited, CHRYSO Group, and Mapei International.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mr. Sudip. S
Website Lignosulfonate-based Concrete Admixtures
Phone 15186181030
Business Address 90 State Street, Suite 700
New York
Country United States
Categories Business , Marketing , Technology
Tags Lignosulfonate-based Concrete Admixtures , Asia Pacific Lignosulfonate-based Concrete
Last Updated June 16, 2016