Europe Concrete Admixtures Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Concrete Admixtures Market Analysis
The concrete admixtures market in Europe is estimated to grow with a CAGR of over 5% during the forecast period.
- Over the long term, increasing demand from the residential construction sector and recovering the construction sector in emerging economies are the major factors driving the market.
- On the other side, lack of skilled workforce and awareness among the construction industry workers.
- Growing investment in the construction sector in Italy post-COVID-19 outbreak can act as an opportunity for the market.
- In Europe, Germany is expected to dominate the concrete admixture market.
Europe Concrete Admixtures Market Trends
This section covers the major market trends shaping the Europe Concrete Admixtures Market according to our research experts:
Residential Sector to Dominate the Market
- Growth in population, migration from hometowns to service sector clusters, and the growing trend of the nuclear family are some factors driving residential construction across the region. Besides, the decreasing land-to-population ratio and the increasing trend of constructing high-rise residential buildings and townships have been applying concrete admixture in the residential construction segment worldwide.
- In Germany, the new federal government plans to construct 4,00,000 units of new houses and flats per year. They doubled the subsidies program to EUR 2 billion (~ USD 2.32 billion) in 2022.
- According to the European Construction Industry Federation, in France, due to the high rate of permits given to the residents, in 2022, the total number of housing units may reach up to 4,00,000, registering an increase of 2.1%.
- According to Eurostat, during the study period, the French house price index increased and reached a value of 126.11 in the third quarter of 2021.
- Factors such as rapid urban migration in significant economies, increased government spending in the real estate market for residential construction, and the growing demand for high-class residential homes will likely benefit the market studied.
- Such trends are projected to augment the residential sector, benefiting the demand for the concrete admixtures market over the forecast period.
Germany to Dominate the Market
- With the declining effect of the pandemic, the country's GDP picked up to 2.8% in 2021, subject to the post-pandemic global economic recovery. Further, as per IMF forecasts, the GDP is forecasted to register a growth rate of 2.1% in 2022.
- Germany has the largest construction industry in Europe. The construction industry in the country has been growing at a slow pace, majorly driven by increasing new residential construction activities. The non-residential and commercial buildings in the country are expected to witness significant growth prospects during the forecast period.
- Although, problems such as a lack of skilled labor force and construction materials are seen as major setbacks for the industry.
- The German government initiated the construction of the Digital Park Fechenheim on a 10.7 ha area, with a gross floor area of 100,000 square meters in Frankfurt-Fechenheim, Hesse, Germany, with an investment of USD 1,179 million.
- The country is also planning to develop a Fehmarn Belt Fixed Link Project, which includes the construction of an 18 km tunnel between Germany and Denmark. The project is estimated to attract an investment of about EUR 7.4 billion (~USD 7.93 billion) and is expected to be completed by 2028.
- According to the Federal Statistical Office of Germany, the revenue of industry "construction" in Germany was around USD 113 billion in 2022. Construction revenue in Germany is expected to reach roughly USD 117.56 billion by 2025.
- Hence, all such trends mentioned above are likely to influence the overall consumption of concrete admixtures in Germany during the forecast period.
Europe Concrete Admixtures Industry Overview
The concrete admixtures market in Europe is fragmented. The players operating in the industry are CEMEX S.A.B de C.V., Fosroc, Inc., Saint-Gobain, MAPEI S.p.A, and Sika AG, among others.
Europe Concrete Admixtures Market Leaders
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CEMEX S.A.B de C.V.
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Fosroc, Inc.
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Saint-Gobain
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MAPEI S.p.A
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Sika AG
*Disclaimer: Major Players sorted in no particular order
Europe Concrete Admixtures Market News
- September 2022: Saint-Gobain acquired GCP Applied Technologies Inc., a major player in construction chemicals. Businesses consisting of concrete admixtures and cement additives will be combined with the Chryso business.
- April 2022: Pidilite Industries partnered with GCP Applied Technologies Inc. (a group company of Saint-Gobain) to offer high-performance waterproofing solutions, including concrete admixtures for sites with high-temperature variation and water tables, under its brand Dr. Fixit.
Europe Concrete Admixtures Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Market Drivers
- 4.1.1 Implementation of Government Regulations on Shifting to Lightweight Plastic for Reducing Vehicle Emission
- 4.1.2 Other Drivers
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4.2 Market Restraints
- 4.2.1 Lack of Skilled Workforce and Awareness in Construction Industry Workers
- 4.2.2 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Function
- 5.1.1 Water Reducer (plasticizers)
- 5.1.2 Retarder
- 5.1.3 Accelerator
- 5.1.4 Air-Entraining Admixture
- 5.1.5 Viscosity Modifier
- 5.1.6 Shrinkage-reducing Admixture
- 5.1.7 High-range Water Reducer (superplasticizer)
- 5.1.8 Other Functions
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5.2 Construction Sector
- 5.2.1 Commercial
- 5.2.2 Residential
- 5.2.3 Infrastructure
- 5.2.4 Industrial and Institutional
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5.3 Geography
- 5.3.1 Germany
- 5.3.2 United Kingdom
- 5.3.3 France
- 5.3.4 Italy
- 5.3.5 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%) **/ Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 CEMEX S.A.B de C.V.
- 6.4.2 CICO Group
- 6.4.3 Fosroc, Inc.
- 6.4.4 Ha-Be Concrete Chemicals GmbH.
- 6.4.5 MAPEI S.p.A
- 6.4.6 Pidilite Industries Ltd.
- 6.4.7 RPM International Inc.
- 6.4.8 Saint-Gobain
- 6.4.9 Sika AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Investment in the Construction Sector
Europe Concrete Admixtures Industry Segmentation
Concrete admixtures are natural or synthetic additives used to prepare the concrete mix. The essential purpose of using such additives is to improve the overall property of the concrete mix to gain desired properties in concrete for specific applications. The market is segmented by function, construction sector, and geography. The market is segmented by function: water reducer (plasticizers), retarder, accelerator, air-entraining admixture, viscosity modifier, shrinkage-reducing admixture, high-range water reducer (superplasticizer), and other functions. The construction sector segments the market into commercial, residential, infrastructure, industrial, and institutional. The report also covers the market size and forecasts for the Europe concrete admixtures market in four European countries. For each segment, the market sizing and forecasts have been done based on value (USD million).
| Function | Water Reducer (plasticizers) |
| Retarder | |
| Accelerator | |
| Air-Entraining Admixture | |
| Viscosity Modifier | |
| Shrinkage-reducing Admixture | |
| High-range Water Reducer (superplasticizer) | |
| Other Functions | |
| Construction Sector | Commercial |
| Residential | |
| Infrastructure | |
| Industrial and Institutional | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Rest of Europe |
Europe Concrete Admixtures Market Research FAQs
What is the current Europe Concrete Admixtures Market size?
The Europe Concrete Admixtures Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Europe Concrete Admixtures Market?
CEMEX S.A.B de C.V., Fosroc, Inc., Saint-Gobain, MAPEI S.p.A and Sika AG are the major companies operating in the Europe Concrete Admixtures Market.
What years does this Europe Concrete Admixtures Market cover?
The report covers the Europe Concrete Admixtures Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Concrete Admixtures Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Concrete Admixtures Industry Report
Statistics for the 2024 Europe Concrete Admixtures market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Concrete Admixtures analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
