(PRWEB) July 18, 2014
The concrete admixtures are the chemical formulations added in particular quantity to cement or concrete to meet the functional, aesthetic, and design requirement of civil structures. The application segments include residential, commercial, industrial, and infrastructure.
The market is derived by studying cement consumption trends, its use for manufacturing concrete, and average usage of these admixtures by weight for various grades of concrete across the geographies and application segments.
The geographic segments include Asia-Pacific, Middle East and Africa, Europe, North America, and South America. The global concrete admixtures market revenue is expected to grow from $9,402 million in 2012 to $15,079 million by 2017. Asia-Pacific leads the market with share of 64% followed by Middle East and Africa (12%), Europe (10%), North America (9%), and South America (5%) globally. Asia-Pacific is expected to remain the largest market for admixtures by the year 2017 due to high growth and investment in infrastructure sector in the region.
North America consumed significant share from global concrete admixture produced in last few years. North America’s concrete admixtures consumption is expected to grow from 1,170.00 kilo tons in 2012 to 1,422 kilo tons by 2017. The industry will show a considerable growth in future and thereby there will be increased demand for cement, concrete, and admixtures.
Browse through the market data tables, figures and detailed ToC on the “North America Concrete Admixtures Market.”
Europe Concrete Admixtures Market
Global financial crisis affected construction industry and thereby cement production in European countries. European cement consumption shows an increasing trend over a period of 2010 – 2017. In European region, Turkey’s cement consumption market is expected to grow at the highest CAGR of 3.1%, followed by Italy at 2.6%. European concrete admixtures revenue is expected to grow from $982.00 million in 2012 to $1,344.00 million in 2017. Poland was one of the affected countries during 2009 recession. However, being the highest beneficiary in EU’s funding of $82.2 billion (almost €67 billion) for the period 2007 - 2013, now Poland is facing winds of growth.
Asia-Pacific Concrete Admixtures Market
Asia-Pacific region has always been a growing market for cement and construction industry and it has appeared as a giant market in last decade. It dominates both, production and consumption, markets of cement and concrete admixtures. This region includes countries such as China, India, Japan, where China is the largest consumer of the concrete admixtures in the last few years. Asia-Pacific concrete admixtures consumption is expected to grow from 9.23 million tons in 2012 to 13.35 million tons by the year 2017 and China’s concrete admixtures consumption was around 6,601.72 kilo tons.
Middle East and Africa Concrete Admixtures Market
Countries from Arabian Gulf Cooperation Council (AGCC) like UAE, Qatar, Saudi Arabia, and Kuwait are undertaking huge projects. These projects deal with infrastructure and property, fueling growth of construction sector , and demand for cement and concrete in the Middle East region. The opportunities in Middle East and Africa are majorly in real estate sectors. Middle East and Africa concrete admixture revenue is expected to grow from $1.12 billion in 2012 to $1.83 billion by 2017. Egypt has generated the maximum revenue of $156.72 million. However, the production of cement and concrete here is mainly dominated by private companies. Easily available raw material has attracted many private cement concrete companies to start plants in Egypt.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.