Concrete Admixtures Market size was valued at USD 22.78 billion in 2024 and is likely to reach USD 73.05 billion by the end of 2037, expanding at around 9.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of concrete admixtures is assessed at USD 24.49 billion. The growth of the market can be attributed to boosting demand for more construction activities, a growing number of constructions including commercial and residential buildings, and increasing renovation works across the world. For instance, it is anticipated that 3,500 new structures would be added each day by construction workers by the year 2050.
Additionally, there has been growing investment made by the government in the construction industry, a growing population with rising income, and the development of smart cities through government projects which are also estimated to drive market growth. In March 2021, the Indian Parliament adopted a bill to create the National Bank for Financing Infrastructure and Development (NaBFID), a development finance institution with a budget of about USD 3 billion, to finance infrastructure projects in India.
Author Credits: Rajrani Baghel
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