Lignosulfonate-based Concrete Admixtures Market Size, Share, Trends, Growth 2032
Lignosulfonate-based Concrete Admixtures Market By Functionality (Plasticizers and Superplasticizers): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 203.47 Million | USD 289.59 Million | 4% | 2023 |
Lignosulfonate-based Concrete Admixtures Market Insights
According to a report from Zion Market Research, the global Lignosulfonate-based Concrete Admixtures Market was valued at USD 203.47 Million in 2023 and is projected to hit USD 289.59 Million by 2032, with a compound annual growth rate (CAGR) of 4% during the forecast period 2024-2032.
This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Lignosulfonate-based Concrete Admixtures industry over the next decade.
Global Lignosulfonate-based Concrete Admixtures Market: Overview
Lignosulfonates are nothing but anionic polyelectrolytes, and are soluble in water. They are used in a range of uses, such as agrochemicals, animal feed, oil and gas, building and gypsum. Lignosulfonate-based concrete compounds are commonly used as water-reducing chemicals in the infrastructure industry. Water-reducing chemicals minimise the individual water needs of concrete mixtures, but the workability of the concrete is preserved.
Global Lignosulfonate-based Concrete Admixtures Market: Growth Factors
One of the uses of lignosulfonate is pellets, an animal feed that is commonly used. It is used as plasticizers and superplasticizers in the building industry. Lignosulfonates are gaining demand as plasticizers. In addition, the growth of the building industry would continue to improve the demand for lignosulfonate-based concrete mixtures. Superplasticizers are also expected to fuel consumer demand due to their high water-reduction potential. The rising building industry would improve the use of water-reducing chemicals, which will raise the market for lignosulfonate-based concrete compounds. Lignosulfonates are used in oil-bearing muds and as a pesticide dispersant. However, the existence of effective alternatives at affordable prices could impede the growth of the global market in the future.
Global Lignosulfonate-based Concrete Admixtures Market: Segmentation
The market for lignosulfonate-based concrete compounds is segmented on the basis of its functionality and regions.
Based on the functionality, the global market is categorised into plasticizers and superplasticizers.
Lignosulfonate-based Concrete Admixtures Market: Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Name | Lignosulfonate-based Concrete Admixtures Market |
| Market Size in 2023 | USD 203.47 Million |
| Market Forecast in 2032 | USD 289.59 Million |
| Growth Rate | CAGR of 4% |
| Number of Pages | 110 |
| Key Companies Covered | BASF SE, Borregaard LignoTech, Sika AG, Tembec Inc., W.R. Grace Co-Conn., CICO Technologies Limited, Fosroc International, Pidilite Industries Limited, CEMEX S.A.B. de C.V., Sodamco-Weber, CHRYSO Group, and Mapei International among others |
| Segments Covered | By Product Type, By Application And By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2022 |
| Forecast Year | 2024 - 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Lignosulfonate-based Concrete Admixtures Market: Regional Analysis
Geographically, the market is segmented into Asia-Pacific, Europe, the Middle East and Africa, North America, and Rest of the World.
As plasticizers, lignosulfonate is commonly used in regions such as Asia-Pacific, Latin America and the Middle East, primarily due to the increasing construction industry. Asia Pacific leads the worldwide market for lignosulfonate-based concrete compounds. Significant investments are made in the infrastructure sector by countries such as Saudi Arabia, Kuwait, Qatar and the UAE. The use of lignosulfonate-based concrete compounds during construction pushes the industry in a favourable way.
Global Lignosulfonate-based Concrete Admixtures Market: Competitive Players
Some main participants of the lignosulfonate-based concrete admixtures market are
- BASF SE
- Borregaard LignoTech
- Sika AG
- Tembec Inc
- W.R. Grace Co-Conn
- CICO Technologies Limited
- Fosroc International
- Pidilite Industries Limited
- CEMEX S.A.B. de C.V
- Sodamco-Weber
- CHRYSO Group
- Mapei International
The global lignosulfonate-based concrete admixtures market is segmented as follows:
By Functionality
- Plasticizers
- Superplasticizers
Lignosulfonate-based Concrete Admixtures Market: Regional Segment Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content
Methodology
FrequentlyAsked Questions
Lignosulfonate-based concrete admixtures are chemical additives that are derived from lignin, a natural polymer that is a byproduct of the wood fiber and paper industry. These admixtures are employed in concrete to enhance its properties during the mixing, placement, and curing phases.
The demand for new infrastructure projects, including highways, bridges, and commercial buildings, is being driven by rapid urbanization, particularly in developing countries. This results in an increase in the demand for concrete and admixtures such as lignosulfonates, which improve the efficacy of concrete.
According to a report from Zion Market Research, the global Lignosulfonate-based Concrete Admixtures Market was valued at USD 203.47 Million in 2023 and is projected to hit USD 289.59 Million by 2032.
What will be the CAGR value of the lignosulfonate-based concrete admixtures market during 2024-2032?
According to a report from Zion Market Research, the global Lignosulfonate-based Concrete Admixtures Market a compound annual growth rate (CAGR) of 4% during the forecast period 2024-2032.
Geographically, the market is segmented into Asia-Pacific, Europe, the Middle East and Africa, North America, and Rest of the World.
Some main participants of the lignosulfonate-based concrete admixtures market are BASF SE, Borregaard LignoTech, Sika AG, Tembec Inc., W.R. Grace Co-Conn., CICO Technologies Limited, Fosroc International, Pidilite Industries Limited, CEMEX S.A.B. de C.V., Sodamco-Weber, CHRYSO Group, and Mapei International among others.
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