The latest report by IMARC Group, titled “China Concrete Superplasticizer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the China concrete superplasticizer market reached a value of US$ 785 Million in 2021. Superplasticizers are additives that are used for the production of high-strength concrete. The chemical compound exhibits an increased water absorption capacity and enables the production of concrete with significantly less water content. Concrete superplasticizer consists of sulfonated naphthalene formaldehyde (SNF), sulfonated melamine formaldehyde (SMF), acetone formaldehyde condensate, and polycarboxylate ethers. It is used to improve the flow properties of suspensions, where a well-dispersed particle suspension is required, such as in concrete applications. In China, concrete superplasticizers have gained preference as they improve the overall performance of the fresh hardening paste by increasing its strength.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
China Concrete Superplasticizer Market Trends:
The China concrete superplasticizers market is primarily driven by the expanding construction industry. Concrete superplasticizers are increasingly used for commercial and residential applications due to their cost-effectiveness and ecological benefits. These plasticizers also provide better surface texture, compressive strength, eliminate fine cracks, and reduces absorption. Besides this, the rapid population growth has also necessitated the development of effective infrastructure, which is propelling the market growth. In addition to this, with growing urbanization, manufacturers are extensively investing in the research and development (R&D) activities to introduce efficient product variants in the market. Moreover, the implementation of various government regulations regarding quality constructions is also encouraging the utilization of concrete superplasticizers in the country. Looking forward, the market is expected to grow at a CAGR of 4.5% during the forecast period (2022-2027).
- Based on the form, the market has been segmented into liquid and powder.
- On the basis of the product type, the market has been classified into SNF, MLS, PC, and SMF.
- The market has been categorized based on the application into ready-mix concrete, precast concrete, high-performance concrete, shotcrete, and others.
- Region-wise, the market has been divided into Guangdong, Jiangsu, Shandong, Zhejiang, Henan, and others.
- The competitive landscape of the market has been examined in the report with the detailed profiles of some of the key players operative in the industry.
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