GCC Concrete Admixture Market Overview: 2022-2027
Base Year: 2021
Historical Years: 2017-20
Forecast Years: 2022-2027
The GCC Concrete Admixture Market is anticipated to grow at a CAGR of around 4% during the forecast period, i.e., 2022-27.
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GCC Concrete Admixture Market Dynamics: 2022-2027
Market Dynamics:
Key Driver
- Rising Number of Construction Projects & Repair of Existing Structures
The growing number of construction activities focused on the development of new commercial & residential buildings in Saudi Arabia, the UAE, Qatar, Oman, etc., have led to an increased demand for concrete admixtures. Concrete admixtures provide high durability & ensure the high quality of concrete during mixing, curing, and transporting. Furthermore, the countries in the region have an increasing number of construction projects under their strategic initiatives, and long-term infrastructure strengthening goals, that are closely associated with the development of modern residential complexes & commercial structures. In addition, the rising implementation of the Public-Private Partnership (PPP) model in the GCC’s construction sector, along with the numerous government projects such as the Red Sea project, Silicon Park project, Furjan Wadi Lusail, etc., has escalated the demand for the concrete admixture market.
- In 2019, Abu Dhabi introduced Public-Private Partnership regulations to support & increase private sector investment for the development of infrastructure across the UAE.
- In 2018, the government of Saudi Arabia signed five agreements for the construction of around 19,000 housing units in Riyadh.
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GCC Concrete Admixture Market (2022-30): Segmentation Outlook
The market 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.)
By Country
-UAE
-Saudi Arabia
-Oman
-Qatar
-Kuwait
-Bahrain.
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Top Companies Operating in the GCC Concrete Admixture Market:
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.
Recent Developments by Leading Companies
- In 2021, Arkaz Alsharq Building Materials entered into an agreement with Silkroad C&T to become an exclusive distributor for various concrete products, including admixtures, chemicals, polymers, etc., in Saudi Arabia, Oman, and Bahrain.
- In early 2019, Arkema Middle East DMCC inaugurated its new offices in Dubai, UAE. This signifies its deepening interest to approach the GCC concrete admixture market via increasing its presence in the UAE.
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