MEA Concrete Admixtures Market Size (2024 - 2029)

The concrete admixtures market in the Middle-East and Africa is experiencing growth driven by increasing demand from residential and industrial construction sectors. This expansion is particularly notable in developing countries like South Africa, Saudi Arabia, and the UAE, where construction activities are robust. However, the market's growth is challenged by a shortage of skilled labor, especially in Africa, which may impede further expansion. Saudi Arabia leads the market, with its construction industry significantly contributing to the national GDP, supported by government initiatives aimed at economic diversification through infrastructure and industrial development.

Market Size of MEA Concrete Admixtures Industry

MEA Concrete Admixtures Market Summary
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

MEA Concrete Admixtures Market Major Players

*Disclaimer: Major Players sorted in no particular order

MEA Concrete Admixtures Market Analysis

The concrete admixtures market was valued at USD 2,300 million in 2021, and the market is projected to register a CAGR of over 5% during the forecast period.

  • Increasing demand for concrete admixture from the residential and industrial construction segments dominated the market, and it is projected to grow during the assessment period. The strong growth in construction activities, mainly in developing countries such as South Africa, Saudi Arabia, and the UAE, will boost the adoption of concrete admixture in the near future.
  • On the other hand, a lack of skilled workers is likely to hinder the industry's growth. Lack of skilled labor in the construction industry, particularly in Africa, is a key problem that will likely limit market expansion in the coming years.
  • Saudi Arabia dominates the market and is expected to witness the highest CAGR during the forecast period. The Saudi Arabian construction industry contributes nearly 6-7% of the total GDP of the country. The Saudi government is focusing on developing education, healthcare, infrastructure, and industrial sectors for economic diversification.

MEA Concrete Admixtures Industry Segmentation

Concrete admixtures are natural or synthetic additives used during the preparation of concrete mix. The key 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 concrete admixtures market is segmented by function, construction sector and country. By function, the market is segmented into water reducer, retarder, accelerator, air entraining admixture, viscosity modifier, shrinkage-reducing admixture, high-range water reducer (superplasticizer), and other functions. By construction sector, the market is segmented into commercial, residential, infrastructure, industrial and institutional. The report also covers the size and forecasts for the concrete admixtures market in 2 countries across the region. For each segment, the market sizing and forecasts have been done based on revenue (in 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
Country
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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MEA Concrete Admixtures Market Size Summary

The Middle-East and Africa concrete admixtures market is experiencing significant growth, driven by increasing demand from the residential and industrial construction sectors. This growth is particularly pronounced in developing countries such as South Africa, Saudi Arabia, and the UAE, where robust construction activities are underway. The market is expected to expand further as concrete admixtures are increasingly utilized to enhance the properties of concrete, making it more durable and easier to work with. However, the industry's growth is somewhat constrained by a shortage of skilled labor, especially in Africa, which poses a challenge to market expansion. Saudi Arabia stands out as a dominant player in the region, with its construction industry playing a crucial role in the country's economic diversification efforts.

The demand for concrete admixtures in Saudi Arabia is bolstered by the government's Vision 2030 initiative, which aims to transform the country's economy through extensive infrastructure development. This includes significant investments in social infrastructure, healthcare, and education, which are expected to drive commercial building activities. The Saudi Ministry of Housing's ambitious plans to construct a substantial number of new housing units further underscore the growing need for concrete admixtures. The market is characterized by its fragmented nature, with key players such as Sika, Fosroc International, Ha-Be Middle East, Mapei, and Saint Gobain actively participating. Recent strategic moves, such as Saint Gobain's acquisition of GCP Applied Technologies and Sika's expansion of production capacity in Doha, highlight the competitive landscape and the ongoing efforts to meet the rising demand for high-performance construction products in the region.

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MEA Concrete Admixtures Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Growing residential construction activities in Saudi Arabia

      2. 1.1.2 Strong demand for concrete admixture in residential sector

    2. 1.2 Market Restraints

      1. 1.2.1 Lack of skilled workforce

      2. 1.2.2 Other Market Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Function

      1. 2.1.1 Water Reducer (plasticizers)

      2. 2.1.2 Retarder

      3. 2.1.3 Accelerator

      4. 2.1.4 Air-Entraining Admixture

      5. 2.1.5 Viscosity Modifier

      6. 2.1.6 Shrinkage-reducing Admixture

      7. 2.1.7 High-range Water Reducer (superplasticizer)

      8. 2.1.8 Other Functions

    2. 2.2 Construction Sector

      1. 2.2.1 Commercial

      2. 2.2.2 Residential

      3. 2.2.3 Infrastructure

      4. 2.2.4 Industrial and Institutional

    3. 2.3 Country

      1. 2.3.1 Saudi Arabia

      2. 2.3.2 South Africa

      3. 2.3.3 Rest of Middle-East and Africa

MEA Concrete Admixtures Market Size FAQs

The MEA Concrete Admixtures Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Sika, Fosroc International, Ha-Be Middle East, Saint Gobain and Mapei are the major companies operating in the MEA Concrete Admixtures Market.

Middle-East and Africa Concrete Admixtures Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)