World News: 12:33 GMT Monday 14th January 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Jan. 14, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. The global concrete superplasticizer market was worth US$ 3.9 Billion in 2017. Superplasticizers are a category of polymers which are used to enhance the suspension flow efficiency by reducing the accumulation of particulate matter. Their major application is in admixtures which are used with concrete as strength boosters. Currently, there are different classes of superplasticizers available in the market including sulfonated naphthalene formaldehydes (SNF), sulfonated melamine formaldehydes (SMF), modified lignosulfonates (MLS), polycarboxylic acids (PC), etc. Each category of superplasticizer is defined by individual properties and uses. Their demands also differ on the basis of their cost, placement and product efficiency.A number of factors are currently driving the global demand of concrete superplasticizers. Plasticizers help in reducing the water cement ratio and improve the performance of the concrete mixture. They can also provide other advantages such as increase the compressive strength, eliminate fine cracks, reduce adsorption, provide better surface texture, etc.The demand of concrete superplasticizers has a direct correlation with the performance of the global construction Industry. We expect the global construction industry to exhibit stable growth of around 3%-5% over the next five years catalysed by developed economies recovering from the recent economic downturn and emerging economies continuing to industrialize. The United States, China and India are expected to represent the biggest growth drivers of the construction sector in the coming years. The strong outlook of the global construction industry is expected to create a positive impact on the demand of concrete superplasticizers.Looking forward, we expect the global concrete superplasticizer market to grow at a CAGR of around 5% during 2018-2023, reaching a value of US$ 5.3 Billion by 2023.
Research and Markets also offers services providing focused, comprehensive and tailored research.
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Cement and Concrete
Globe Newswire: 12:33 GMT Monday 14th January 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.