PUBLISHER: The Business Research Company | PRODUCT CODE: 1608803
PUBLISHER: The Business Research Company | PRODUCT CODE: 1608803
Polycarboxylate Ether (PCE) is a high-performance chemical compound utilized as a superplasticizer in concrete. It significantly enhances the strength and durability of concrete by efficiently dispersing cement particles, making it particularly suitable for applications requiring high-strength and self-compacting concrete.
The primary forms of polycarboxylate ether products include solid and liquid variations. Solid polycarboxylate ether is available as a powdered form and primarily serves as a superplasticizer within the construction industry. This powdered form includes a variety of monomer types such as isobutenyl polyoxyethylene ether (HPEG), isopentenyl polyoxyethylene ether (TPEG), methoxy polyethylene glycol ether (MPEG), and allyl polyethylene glycol ether (APEG), among others. These monomers can be produced through various polymerization methods, categorized by low, medium, or high degrees of polymerization. Solid polycarboxylate ether is used across multiple applications, including concrete admixtures, dispersion agents, stabilization of suspensions, oil and gas drilling, and in paints and coatings. It caters to a range of end-user industries, such as residential buildings, non-residential buildings, and infrastructure projects.
The polycarboxylate ether market research report is one of a series of new reports from The Business Research Company that provides polycarboxylate ether market statistics, including polycarboxylate ether industry global market size, regional shares, competitors with a polycarboxylate ether market share, detailed polycarboxylate ether market segments, market trends and opportunities, and any further data you may need to thrive in the polycarboxylate ether industry. This polycarboxylate ether market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The polycarboxylate ether market size has grown strongly in recent years. It will grow from $11.14 billion in 2023 to $11.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The expansion during this historical period can be linked to a rise in infrastructure initiatives, a greater demand for ready-mix concrete, an increased interest in eco-friendly concrete, and the growth of the urban population.
The polycarboxylate ether market size is expected to see strong growth in the next few years. It will grow to $15.43 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The anticipated growth during the forecast period is due to the expanding construction sector, an increasing need for durable infrastructure, a rising adoption of ready-mix concrete, and the development of the precast concrete industry. Key trends expected in this period include manufacturing processes driven by technology, advancements in concrete admixtures, the emergence of smart concrete solutions, integration with digital construction tools, and innovations in ultra-high-performance concrete.
The growing demand from the construction industry is projected to drive the growth of the polycarboxylate ether market in the coming years. The construction industry encompasses the economic sector dedicated to the design, building, and maintenance of various structures, including residential, commercial, and industrial facilities. This demand is increasing due to rapid urbanization, which heightens the need for housing and infrastructure, as well as significant government investments in infrastructure development. Polycarboxylate ether (PCE) serves the construction industry effectively as a high-performance superplasticizer, improving the workability of concrete while minimizing water content. For example, in May 2024, the Office for National Statistics, a UK government department, reported a 15.9% rise in total new construction orders, reaching £1,436 million ($1,913 million) in the first quarter of 2024 compared to the fourth quarter of 2023. Consequently, the growing demand from the construction sector is driving the polycarboxylate ether market.
Key players in the polycarboxylate ether market are concentrating on creating innovative solutions such as bio-sourced admixtures to address rising sustainability demands and enhance performance in construction applications. Bio-sourced admixtures are construction additives derived from renewable biological materials that improve sustainability and performance while reducing the environmental impact of concrete and other building materials. For instance, in January 2023, CEMEX S.A.B. de C.V., a Mexico-based building materials company, introduced a groundbreaking range of bio-sourced admixtures aimed at significantly lowering the carbon footprint of concrete by up to 70% compared to conventional oil-based admixtures. This new line, which includes concrete plasticizers, superplasticizers, and grinding aids, employs natural, renewable, and locally sourced raw materials to enhance performance while minimizing environmental harm. These bio-sourced admixtures are part of CEMEX's Vertua portfolio of sustainable building solutions and are expected to be launched across Europe.
In June 2024, Compagnie de Saint-Gobain S.A., a France-based manufacturing company, acquired FOSROC for an undisclosed amount. This acquisition aims to bolster Saint-Gobain's global footprint in construction chemicals, particularly in high-growth regions such as India and the Middle East, while leveraging synergies to enhance operational efficiencies and create value for both shareholders and customers. FOSROC is a UK-based manufacturer specializing in construction chemicals, including polycarboxylate ethers.
Major companies operating in the polycarboxylate ether market are BASF SE, Dow Chemical Company, Evonik Industries AG, Cemex S.A.B. de C.V, Arkema SA, Kao Corporation, Sika AG, Nouryon, Sobute New Materials Co Ltd, Himadri Speciality Chemical Ltd, Liaoning Oxiranchem Inc, Mapei S.p.A., Euclid Chemical, Chembond Chemicals Ltd, Hangzhou Lans Concrete Admixture Inc, MUHU (China) Construction Materials Co Ltd, Sodamco-Weber, Sintez OKA Group, Sakshi Chem Sciences, Kashyap Industries, Allbiz Ltd, Hi-Bond Chem Pvt. Ltd, Shijiazhuang Chang'An Yucai Building Material Co Ltd, Sure Chemical Co Ltd
Asia-Pacific was the largest region in the polycarboxylate ether (PCE) market in 2023. The regions covered in the polycarboxylate ether market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the polycarboxylate ether market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The polycarboxylate ether market consists of sales of concrete admixtures, high-performance concrete, ready-mix concrete, and self-compacting concrete (SCC). Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Polycarboxylate Ether Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on polycarboxylate ether market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for polycarboxylate ether ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The polycarboxylate ether market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.