Market Size of Europe Concrete Admixtures Industry
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 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 Size Summary
The European concrete admixtures market is poised for significant growth, driven by increasing demand from the residential construction sector and the recovery of construction activities in emerging economies. The market is expected to benefit from the growing trend of urban migration, the rise of nuclear families, and the construction of high-rise residential buildings, which necessitate the use of concrete admixtures. Germany is anticipated to lead the market, supported by substantial government initiatives and investments in residential and commercial construction projects. Despite challenges such as a shortage of skilled labor and awareness in the construction industry, opportunities arise from increased investments in countries like Italy, particularly in the post-COVID-19 recovery phase.
The market landscape in Europe is characterized by fragmentation, with key players such as CEMEX S.A.B de C.V., Fosroc, Inc., Saint-Gobain, MAPEI S.p.A, and Sika AG actively participating. Recent strategic moves, such as Saint-Gobain's acquisition of GCP Applied Technologies Inc., highlight the ongoing consolidation and expansion efforts within the industry. These developments, along with partnerships like that of Pidilite Industries and GCP Applied Technologies Inc., aim to enhance the offerings of high-performance solutions, including concrete admixtures. As the construction sector continues to evolve, these trends are expected to significantly influence the demand for concrete admixtures across Europe during the forecast period.
Europe Concrete Admixtures Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Implementation of Government Regulations on Shifting to Lightweight Plastic for Reducing Vehicle Emission
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1.1.2 Other Drivers
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1.2 Market Restraints
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1.2.1 Lack of Skilled Workforce and Awareness in Construction Industry Workers
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Function
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2.1.1 Water Reducer (plasticizers)
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2.1.2 Retarder
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2.1.3 Accelerator
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2.1.4 Air-Entraining Admixture
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2.1.5 Viscosity Modifier
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2.1.6 Shrinkage-reducing Admixture
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2.1.7 High-range Water Reducer (superplasticizer)
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2.1.8 Other Functions
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2.2 Construction Sector
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2.2.1 Commercial
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2.2.2 Residential
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2.2.3 Infrastructure
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2.2.4 Industrial and Institutional
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2.3 Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 France
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2.3.4 Italy
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2.3.5 Rest of Europe
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Europe Concrete Admixtures Market Size 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.