PUBLISHER: Allied Market Research | PRODUCT CODE: 1298328
PUBLISHER: Allied Market Research | PRODUCT CODE: 1298328
The global superplasticizers market was valued at $9.7 billion in 2021, and is projected to reach $19.1 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
Superplasticizers are widely used in the manufacture of high-strength concrete and self-consolidating concrete, especially when the concrete must be poured in confined spaces or around complex reinforcing structures. The amount of superplasticizer used is determined by the type of cement used and the desired level of workability. The dosage is usually represented as a percentage of the cement's weight, and the suggested range is 0.5% to 3% by weight of the cement. The superplasticizer is added to the concrete mixture during the mixing phase, usually after the water and cement have been added. To achieve optimum dispersion of the superplasticizer in the mixture, the mixing duration should be modified.
Superplasticizers are referred to as high-range water reducers because they can greatly reduce the water content of concrete while still allowing it to flow. Superplasticizers spread cement particles while decreasing surface friction between the particles and the mixing water. They reduce the viscosity of the slurry, making it simpler to flow and enabling for more effective concrete placement and cementing.
The superplasticizers market is bifurcated into form, type, application, and region. On the basis of form, the market is bifurcated into powder and liquid. By type, it is categorized into lignosulphonates, sulphonated melamine formaldehyde, sulphonated naphthalene formaldehyde, and polycarboxylate derivatives. Based on application, the market is divided into ready-mix concrete, precast concrete, self-compacting concrete, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
By foam, liquid is the highest revenue contributor and fastest growing segment in the global superplasticizers market in 2021. Liquid superplasticizers may help in reducing shrinkage while concrete dries and cures, resulting in a more stable and durable finished product. Liquid superplasticizers can be used to make decorative concrete, which is concrete that has been tinted, stamped, or textured to look like natural stone or other materials. The addition of liquid superplasticizers to concrete can improve its workability, making it easier to apply and mold into various decorative forms.
Based on type, polycarboxylate derivatives is the highest revenue contributor and the fastest growing segment in the global superplasticizers market in 2021. Polycarboxylate derivatives are also used in infrastructure construction, such as in the construction of roads, highways, and airports. They are used to produce concrete mixes that can withstand heavy traffic, extreme weather conditions, and other stresses associated with infrastructure construction. They are also utilized to create high-strength, long-lasting, and workable concrete mixes capable of withstanding the enormous weights and pressures of industrial construction.
By application, ready mix concrete is collectively the highest revenue contributor and fastest growing segment in the global superplasticizers market in 2021. Ready-mix concrete is often used to form the foundation of buildings, bridges, and other structures. The concrete is poured into a formwork or trench and allowed to cure, providing a solid base for the structure to be built on. Ready-mix concrete can also be used to create structural components such as beams, columns, and walls. These components are often prefabricated off-site and transported to the construction site, where they are assembled into the final structure. Ready-mix concrete is a sort of ready-to-use concrete that is manufactured in a batch factory and then supplied to a construction site. It is widely employed in building, bridge, and road construction projects.
In addition, the report covers profiles of key industry participants such as Arkema, BASF SE, Beijing Dongke United Technologies Co.,Ltd, CHRYSO, Enaspol a.s., GCP Applied Technologies Inc., MAPEI, Rhein-Chemotechnik GmbH, Sika AG, and Tripolarcon Pvt Ltd. These players have adopted several strategies to propel the market of microporous material during the forecast period. For instance, in July 2021 MAPEI and Elettrondata, a leader in automation systems for the management, production, and control of ready-mix concrete plants, have signed a multi-year partnership to provide equipment and services for quality control, production, and transportation of ready-mix concrete. Through this partnership, the entire concrete sector will be able to benefit from the total quality process' additional value and advance towards CO2 neutrality.
The global superplasticizers market was significantly impacted by the COVID-19 pandemic.
Lockdowns, social distancing measures, and economic uncertainty all contributed to a drop-in construction activity in various parts of the world. Sales fell by 25% during the July-September quarter compared to the same period the previous fiscal year, while year on year sales fell by 13% and 9%, respectively, and 22% in both cities.
However, the epidemic has had some good effects, such as a greater emphasis on renovation and repair projects and a greater understanding of the significance of sustainable and resilient construction practices.