Chandigarh Herald

BASF SE (Germany) and Sika AG (Switzerland) are Leading Players in the Concrete Admixtures Market

 Breaking News
  • No posts were found

BASF SE (Germany) and Sika AG (Switzerland) are Leading Players in the Concrete Admixtures Market

May 29
00:06 2020
BASF SE (Germany) and Sika AG (Switzerland) are Leading Players in the Concrete Admixtures Market

Browse 117 market data Tables and 48 Figures spread through 171 Pages and in-depth TOC on “Concrete Admixtures Market”
Concrete Admixtures Market by Product Type (Superplasticizers, Normal Plasticizers, Accelerating, Retarding, Air-entraining, Water-proofing), End-Use Sectors (Residential, Commercial and Infrastructure), Region

The global concrete admixtures market size is projected to grow from USD 15.4 billion in 2019 to USD 24.0 billion by 2024, at a CAGR of 9.3%, between 2019 and 2024. The major driving factors in the concrete admixtures industry are increasing population, rising infrastructure requirements in developing economies, improvement in the economics of construction like reduction in water usage and construction time, and rapid urbanization. 

The key concrete admixtures market players are BASF SE (Germany), SIKA AG (Switzerland), GCP Applied Technologies (US), RPM International Inc. (US), Fosroc International Inc. (UK), Mapei S.P.A (Italy), CICO Technologies Ltd. (India), CHRYSO S.A.S (France), Concrete Additives and Chemicals Pvt. Ltd. (India), Rhein-Chemotechnik GmbH (Germany), Weber Saint-Gobain (France), Polisan Kamya San. A.S. (Turkey), Sahngdong Wanshan Chemical Co. Ltd. (China), Sakshi Chem Sciences Pvt. Ltd. (India), Fritz-Pak Corporation (US), Fuclear Technologies Inc. (Canada), Ha-Be Betonchemie (Germany), Lanya Concrete Admixtures (China), MUHU (China) Construction Materials Co. Ltd. (China), and Cormix International Ltd. (Thailand). These players have adopted growth strategies, such as new product development, merger & acquisition, and investment & expansion to expand their global presence, and broaden their product portfolio, in the concrete admixtures market.

To know about the assumptions considered for the study download the pdf brochure

BASF SE (Germany) is the world’s leading chemical manufacturing company and has a diversified product portfolio with several investments in product innovation. It has companies in more than 90 countries and operates six verbund sites and 355 additional production sites, globally, to meet the demand of customers. Its efficient network of production plants and sales & distribution network have helped the company to maintain its leading position in the concrete admixtures market. It has spent USD 2.4 billion on R&D out of which 20% was allocated for R&D in the functional materials & solutions business segment. This led to the launch of a number of new formulations of concrete admixture products. The company continuously focuses on its organic growth. In March 2019, BASF launched Melflux SELECT 4411 F, a polycarboxylate ether-based concrete admixture. It comes in powder form, which enables long duration slump retention. This new product will cater to dry-mix concrete consumers. Such strategies will boost the growth of the company and, also, its concrete admixture business, globally.

The second-most active company in the concrete admixtures market is Sika AG (Switzerland). It is a manufacturer and supplier of specialty chemicals for the construction and automotive industries. It is a leading provider of processing materials used in sealing, damping, bonding, reinforcing & protecting load-bearing structures in the construction industry. Sika has a strong customer base and a wide geographical presence. It has subsidiaries in 101 countries and 300 manufacturing facilities, globally. The company has good depth in its product portfolio. There have been high investments by the company in terms of product innovation. It continuously focuses on organic and inorganic growth for concrete admixture systems. The company has adopted organic and inorganic growth strategies, such as investment & expansion and merger & acquisitions. In 2018, it established 20 global technology centers, 37 new manufacturing plants, 11 subsidiaries, and completed 20 acquisitions, globally. These developments are expected to help the company achieve significant share in the concrete admixtures market. The company is continuously focusing on organic and inorganic growth strategies, which are expected to increase its presence and revenue, globally. As a part of inorganic growth, Sika acquired Parex (Paris), a leading mortar manufacturer with an impressive track record of profitable growth and attractive margins in May 2019. This acquisition strengthened Sika’s market position and expanded the product portfolio of the building finishing market, further strengthening its world leader position in construction chemicals.

Request for sample report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=768

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/concrete-admixtures-additives-market-768.html