The concrete admixture market has witnessed remarkable innovations, such as superplasticizers, set retarders, and air-entraining agents. These additives enhance concrete properties, such as workability, durability, and strength. Benefits of concrete admixture include reduced water content, leading to stronger and more durable structures, improved resistance to harsh environmental conditions, and enhanced construction efficiency. Admixtures also enable sustainable practices by reducing cement consumption and, consequently, carbon emissions. Overall, these innovations and benefits drive the adoption of concrete admixtures in the construction industry.
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Data Bridge Market Research analyses that the Australia and New Zealand Concrete Admixture Market is expected to reach USD 4,83,271.85 thousand by 2030 from USD 3,39,203.34 thousand in 2022, growing with a substantial CAGR of 4.6% in the forecast period of 2023 to 2030. Concrete admixtures improve the workability and performance of concrete, allowing for the use of less cement and water. This not only reduces material costs but also enhances construction efficiency by speeding up the placement and curing process, resulting in cost savings and faster project completion.
Key Findings of the Study
Regulatory compliance is expected to drive the market's growth rate
Admixtures play a crucial role in construction by aiding in the achievement of stringent safety and quality standards. By fine-tuning concrete properties, such as setting time and strength, they ensure that structures meet or exceed regulatory requirements and industry standards. This not only enhances the durability and performance of the concrete but also ensures the safety of buildings and infrastructure. Admixtures enable construction projects to consistently adhere to these standards, assuring the integrity of the final product.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand and Volume in Tons, Pricing in USD
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Segments Covered
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Product (Water Reducers, Superplasticizers, Retarders, Specialty Admixtures, Accelerators, and Air Entrainers), Application (Residential, Infrastructure, and Commercial)
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Countries Covered
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Australia and New Zealand
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Market Players Covered
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Sika AG (Switzerland), Fosroc International Limited (U.K.), Master Builders Solutions (Germany), GCP Applied Technologies (a subsidiary of Saint-Gobain) (U.S.), Tremco Incorporated (a subsidiary of RPM International Inc.) (U.S.), Xypex Chemical Corporation (Canada), Normet (Finland), MAPEI S.p.A. (Italy), Yara (Norway), Rockbond (New Zealand), Cemix Products Limited (New Zealand), and Permacolour (New Zealand), among others.
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The Australia and New Zealand concrete admixture market is segmented into two notable segments based on product and application.
- On the basis of product, the market is segmented into water reducers, superplasticizers, retarders, specialty admixtures, accelerators, and air entrainers.
- On the basis of application, the market is segmented into residential, infrastructure, and commercial.
Major Players
Data Bridge Market Research recognizes the following companies as the Australia and New Zealand concrete admixture market players in Australia and New Zealand concrete admixture market are Sika AG (Switzerland), Fosroc International Limited (U.K.), Master Builders Solutions (Germany), GCP Applied Technologies (a subsidiary of Saint-Gobain) (U.S.), Tremco Incorporated (a subsidiary of RPM International Inc.) (U.S.).
Market Developments
- In May 2023, the acquisition of MBCC Group by Sika AG strengthened Sika's global presence and expanded its product and service offerings across regions such as the U.S., the U.K., Australia, and New Zealand. This strategic move not only broadened Sika's portfolio to encompass the entire construction life cycle but also accelerated the construction industry's sustainable transformation. The synergy between Sika and MBCC's innovative capabilities is expected to drive sustainable practices and innovations within the construction sector.
- In September 2022, Saint-Gobain successfully completed its acquisition of GCP Applied Technologies, a transaction valued at approximately USD 2.3 billion. Under this deal, Saint-Gobain acquired all outstanding shares of GCP Applied Technologies for USD 32.00 per share in cash. This acquisition aims to integrate Saint-Gobain's CertainTeed and Chryso businesses with GCP's established brands and extensive industry expertise, enabling the combined entity to offer a broader range of products and services in the construction and building materials sector.
For more detailed information about the Australia and New Zealand concrete admixture market report, click here – https://www.databridgemarketresearch.com/reports/australia-and-new-zealand-concrete-admixture-market
