GCC Concrete Admixture Market Overview and Insights:
According to Markntel Advisors Report, GCC Concrete Admixture Market is anticipated to grow at a CAGR of around 4% during the forecast period, i.e., 2022-27.
GCC Concrete Admixture Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
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Impact of Covid -19 GCC Concrete Admixture Market: The outbreak of the COVID-19 resulted in the sudden standstill of construction activities due to mobility restrictions imposed by the government of countries, including Saudi Arabia, the UAE, Bahrain, Qatar, etc., in 2020. On the other hand, the disruption in the global supply chain resulted in low oil revenues of these countries, which contracted the government construction budget during 2020. Subsequently, the impact of the slowdown in the construction industry was also felt in the mid of 2021. Therefore, the contraction of the overall spending on building & infrastructure across GCC led to low demand for concrete admixture during 2020-21.
What is Included in GCC Concrete Admixture Market Segmentation?
The report has segmented the market into the following categories:
By Admixture Type
- Water Reducer (plasticizers, mid-range plasticizers and superplasticizers)
- Accelerator (triethanolamine, calcium formate, silica fume, etc.)
- Retarder (calcium sulphate or gypsum. Starch, cellulose products, etc.)
- Air Entraining (vinsol resin, darex, Teepol, Cheecol, etc.)
- Alkali Aggregate Expansion Inhibitors (aluminum powder and lithium salts)
- Corrosion Admixture (sodium benzoate, sodium nitrate, sodium nitrite etc.)
- Others (Pozzolanic, Damp-proofing, Gas Forming, Air detainer, etc.)
By End User
- Residential
- Corporate Buildings
- Healthcare
- Oil and Gas
- Hospitality
- Public Utility (Dams, Bridges, Airports, Roads, etc.)
- Manufacturing
- Others (Power Plants, Education Institutes, etc.)
Based on end-user, the residential sector held a considerable share in the GCC Concrete Admixture Market during the historical period, and the trend will continue to lead in the forthcoming years as well. There has been a growing use of concrete admixture in residential construction, as it improves the sturdiness & firmness of the building structure. Therefore, the growing investments to build new residential infrastructure settings, such as affordable social housing, construction of new skyscrapers, increasing count of luxury villas, etc., would magnify the demand for concrete admixture. In addition, the growing trend of constructing high-rise buildings across GCC countries to accommodate the rising population of expatriates has deepened the government’s emphasis on the construction sector.
By Country
- UAE
- Saudi Arabia
- Oman
- Qatar
- Kuwait
- Bahrain
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Who are the Key Players Operating in the GCC Concrete Admixture Industry?
The top companies of the GCC Concrete Admixture market ruling the industry are:
- BASF SE
- Sika GCC
- MBCC Group
- Arkema Middle East DMCC (Bostik)
- Chryso Group
- Mapei S.p.A.
- Dow Chemical Company
- Arkaz Alsharq Building Materials
- Don Construction Products Ltd.
- Fosroc Inc
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FAQs (Frequently Ask Questions)
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