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Asia Pacific Concrete Admixtures Market will grow at a rapid pace in the coming years. This is attributed to the rate at which different countries across the region are experiencing urbanization. Most of the developing economies in the region are going through an economic transition which has resulted in rise in the income levels of the population. A rising number of people are moving from villages to cities to search for employment opportunities or lead a better life.
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Asia Pacific Concrete Admixtures Market to grow at 7% CAGR from 2021 to 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Asia Pacific Concrete Admixtures Market will grow at a rapid pace in the coming years. This is attributed to the rate at which different countries across the region are experiencing urbanization. Most of the developing economies in the region are going through an economic transition which has resulted in rise in the income levels of the population. A rising number of people are moving from villages to cities to search for employment opportunities or lead a better life. Concrete admixtures are advanced construction chemicals or additives that help in conserving precious natural resources like water. They are added to fresh or hardened concrete while mixing. These chemicals increase the naturally present beneficial properties of concrete like its durability, workability and strength in early and final stages. The construction industry in APAC region has got positively influenced because of the rapid rise in urbanization and the need to have residential homes among the regional population. Governments across APAC are playing an important part in promoting sustainable and green construction practices by introducing stringent rules regarding the type of materials to be used to construct houses and other complexes. The main aim is to reduce the emission rates from buildings and encourage green construction. Superplasticizers, accelerators, water reducers, air entraining mixtures, retarders, fly ash and other materials are commonly used as concrete admixtures for various purposes. Among these, superplasticizers will find increased demand among end-users in APAC construction sector. In fact, the superplasticizers segment in the region is expected to record around 7% CAGR through 2027. One of the major reasons of using superplasticizers is that they help create smooth concrete that has high strength. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Get sample copy of this research report @ https://bit.ly/3BFsQz5 The materials are known as high range water reducers as they decrease the use of water by 30% or more. This kind of concrete is widely used in reinforced construction and these additives enhance the workability of concrete and have many applications in different industries. The commercial sector held more than 30% of APAC concrete admixtures market share in 2020 and is anticipated to expand even more in the future as well. Construction of commercial complexes like shopping malls, hypermarkets, restaurants, airports, roads and manufacturing facilities & warehouses is increasing because of rapid urbanization and industrialization. High-class infrastructure is being produced as well, which has driven the production of concrete admixtures to support such construction. Water reducers are another form of concrete admixtures that will grow in demand among end-users in APAC region. The segment held almost 50% of Asia Pacific concrete admixtures market share in 2020 and will hold 55% share by 2027. One of the major reasons for this is their wide applicability across different sectors. These additives have the ability to produce high strength concrete by using lower amount of cement. When the cement content is reduced, it brings down the CO2 emissions in the production of concrete as well. This particular feature will be quite beneficial in the construction of green buildings across the region. Some of the leading companies that are engaged in manufacturing concrete admixtures market across APAC region are BASF SE, Sika AG, Cementaid (UK), Denka Company Ltd., MAPEI and many others. Request for customization @ https://bit.ly/3daquxV ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Segmentation of Asia Pacific Concrete Admixtures Market: • Asia Pacific Market, By Product • Superplasticizers • Accelerators • Retarders • Water reducers • Air entraining mixture • Fly ash • Silicate fume • Plasticizers • Synthetic CSH • Others • Asia Pacific Market, By Application • Residential • Non-residential • Commercial ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
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