Concrete Admixtures Market Trends

Growth Drivers

Growing Urban Population in the Low-Income and Developing Countries Across the World - By the year 2050, 68% of the world's population is expected to reside in cities, up from 55% in 2018. It is anticipated that there would be an increase in construction activities owing to the significant population movement in urban areas. Admixtures for concrete are added during or before the mixing process. Thus, increased construction activity is anticipated to fuel market expansion.
Surge in Investment Made in Residential Projects with Increasing Need for Own Houses - Between 2002 and 2021, the value of public residential construction investments increased significantly in the US. In residential development projects in 2021, the public sector made an estimated 10 billion USD in investments.
Rising Population Owing to Increasing Fertility and Longevity - The world's population is predicted to grow by 2 billion over the course of the next 30 years, from 7.7 billion people today to 9.7 billion in 2050, with a potential peak of 11 billion people around the year 2100.
Significant Rise in Remodelling to Give an Elegant and Aesthetic Look to the Old Buildings - In a study done in 2020, around half of the participants claimed to have remodeled their homes, and in the same year, the median amount spent on renovations by a household increased to more than USD 13,000.
Rising Disposable Income of People with Increasing Salary and Second Income - According to an estimate, in 2021, Americans' personal disposable income was approximately USD 16.02 trillion in total.

Challenges

Emission Caused by Concrete
Emissions caused by concrete may hamper the consumption of a concrete type of admixture. Owing to the usage of Portland cement in concrete pavements, a significant quantity of carbon dioxide (CO2) is released into the environment. This further causes air, water, and soil pollution and also impact human health. Hence this factor is estimated to hinder the growth of the concrete admixtures market.
Drying Shrinkage
Stringent Government Regulations

Concrete Admixtures Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	9.3%
Base Year Market Size (2024)	USD 22.78 billion
Forecast Year Market Size (2037)	USD 73.05 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of concrete admixtures is assessed at USD 24.49 billion.

The 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. The market growth is driven by growing urban population, surge in investment made in residential projects, rising population, and others

Asia Pacific industry is anticipated to hold largest revenue share by 2037, propelled by growing population in this region.

The major players in the market include BASF SE, SIKA AG, GCP Applied Technologies Inc., RPM International Inc., Fosroc International Limited, Mapei S.P.A, CICO Group, Saint-Gobain Group, Concrete Additives and Chemicals Private Limited, Rhein-Chemotechnik GmbH.

Concrete Admixtures Market Trends