Concrete Superplasticizer Market Poised to Grow $4.6 Billion by 2018 – Report by MarketsandMarkets
(PRWEB) July 17, 2014 -- The report “Concrete Superplasticizer Market by Types (SNF, PC, SMF & MLS), Application (Ready-Mix, Precast, Self-Compacting, High Performance, Shotcrete & Others), Forms (Liquid & Powder) & Geography - Regional Trends & Forecast to 2018” defines and segments the market to analyze and forecast the trends. It analyzes the volumes and revenues of various types of industry components such as plastics individually. The report also analyzes the industry components on the basis of the forms, their applications, and demand across different geographic regions.
Browse 111 tables and 28 figures spread through 241 pages and in-depth TOC on "Concrete Superplasticizer Market".
http://www.marketsandmarkets.com/Market-Reports/concrete-superplasticizers-market-1321.html
The report identifies the driving and restraining factors for the superplasticizers market with an analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented on the basis of major regions such as North America, Asia-Pacific, Europe, Middle East & Africa, and Rest of the World (ROW).
Further, the market is categorized on the basis of the major applications of superplasticizers in various concretes such as ready-mix, precast, shotcrete, high-performance, and others.
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Ready-mix concrete-major market for superplasticizers
The report segments the superplasticizers market into five segments based on the types of products, which include Sulfonated naphthalene formaldehydes (SNF), sulfonated melamine formaldehydes (SMF), modified lignosulfonates (MLS), polycarboxylic acids (PC), and others.
Each type has its own properties and applications. They also have application specific demands that are differentiated by their placement, cost, and efficiency. Naphthalene superplasticizers are useful in ready-mix concrete applications to construct buildings, bridges, etc. Polycarboxylic acids are the latest and are expensive superplasticizer especially used in high-end constructions such as airports, government infrastructure, etc. The use of these superplasticizers increases the efficiency of their applications.
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Global superplasticizer market to reach $4.6 billion by 2018
According to the report, the market for superplasticizer is expected to reach $4.6 billion by 2018, growing at a CAGR of 6.3%. it suggests that Asia-Pacific dominated the superplasticizers market revenues in 2012. Asia-Pacific is also expected to remain the major geographic region by growing at a CAGR of 6.2% during the forecasting period.
The Middle East & Africa (MEA) region is expected to be the fastest growing segment, growing at a CAGR of 7.9% by 2018. Europe and North America are the major consumers of polycarboxylic superplasticizers and are expected to be the next fastest growing markets, with CAGR of 5.6% and 6.1% respectively. According to the report, this growth is attributed to the rising consumption in these regions, where end-user markets are growing at steady rate.
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Middle East & Africa and Asia-Pacific accounted for more than 72.7% of the superplasticizers consumption in 2012
Middle East & Africa is the second major consumer of superplasticizers, globally. Asia-Pacific is the largest segment, where majority of developments occur in China and India. Middle East & Africa and Asia-Pacific together accounted for 72.7% of the overall superplasticizers consumption in 2012.
These two regions are expected to compete with each other to dominate the market by 2018, with advanced technological developments in superplasticizers for end-users. Asia-Pacific is expected to remain the dominating segment by 2018, with high investments in construction due to rising population and demand for these products.
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