U.S. Admixtures for Concretes Market Expected to Reach $4.7 Billion by 2032

According to a new report published by Allied Market Research titled, “U.S. Admixtures for Concretes Market by Type, Application: Regional Opportunity Analysis and Industry Forecast, 2022–2032.”

The U.S. admixtures for concrete market was valued at $3.1 billion in 2022 and is estimated to reach $4.7 billion by 2032, exhibiting a CAGR of 4.4% from 2023 to 2032.

Admixtures for concrete are a group of specially formulated chemical or mineral ingredients that are added to the concrete mix in small quantities to enhance its properties and performance. These substances can modify the workability, strength, durability, and setting time of the concrete, allowing for more precise control over the final product. Common types of admixtures include plasticizers that improve workability, accelerators that speed up the curing process, retarders that slow it down, air-entraining agents that increase freeze-thaw resistance, and corrosion inhibitors that protect steel reinforcement. Admixtures play a crucial role in tailoring concrete mixes to meet specific construction requirements and environmental conditions, ultimately optimizing the performance and longevity of concrete structures.

Increased construction activity is expected to be a significant driver of the admixtures for the concrete market in the U.S. There is a heightened demand for new infrastructure, commercial buildings, residential developments, and renovation projects as the nation experiences economic growth and population expansion. This surge in construction necessitates the use of concrete admixtures to enhance the performance, durability, and sustainability of concrete structures. Admixtures offer solutions for optimizing concrete mixes, enabling faster construction processes, and improving the overall quality of concrete. One of the most sizable construction sectors in North America is headquartered in the U.S.; it was worth $1.6 trillion in 2021 and continued to expand in 2022.

On the basis of the data from the U.S. Census Bureau, construction expenditures in the U.S. were projected to amount to $ 1,639.9 billion annually during December 2021, an increase of 0.2% from the revised estimate of $ 1,636.5 billion in November. In addition, the estimated annual construction expenditure for January 2022, adjusted for seasonal factors, amounted to $1,677.2 billion. In February 2022, construction expenditures in the U.S. increased by 1.3%, from $1.677 trillion at the seasonally adjusted annual rate in January 2022. The demand for the market under study increased as new residential construction in the U.S. reached $784.37 billion in 2021, up from $638.09 billion in 2020, as reported by the FMI Corporation.

The U.S. is a highly influential country characterized by robust economic expansion, attracting global corporations such as Google, Facebook, Apple, Microsoft, and Amazon, all of which have invested in the development of new facilities and data centres within the country. According to the remodeling research category of the Harvard Joint Centre for Housing Studies, the annual expenditure of Americans on residential renovations and repairs exceeds $400 billion. Such expenditures could potentially encompass the use of concrete admixture, thereby positively impacting the demand for such materials within the nation.

Cost constraints are a significant restraint on the demand for admixtures in the U.S. concrete market. While admixtures offer numerous benefits, including enhanced durability, improved workability, and reduced water requirements, they often come with a price premium. This additional cost can deter some construction projects from incorporating admixtures, especially in cases where budgets are tight or when traditional construction methods seem more economical. Cost-conscious contractors and project owners may opt for conventional concrete mixes to save on immediate expenses. The need to balance cost considerations with the long-term benefits of admixtures can, at times, hinder their widespread adoption in the construction industry.

Compliance with regulations presents a promising avenue for lucrative opportunities in the U.S. admixtures for the concrete market.  There is a growth in need for concrete formulations that meet these evolving requirements as governmental and environmental standards become increasingly stringent. Admixtures that enable builders and contractors to achieve higher levels of safety, durability, and sustainability are in high demand. For example, the integration of supplementary cementitious materials (SCMs), which reduce the carbon footprint of concrete, aligns with environmental regulations and sustainability goals. In addition, the use of admixtures that enhance resistance of concrete to seismic activity or fire can help structures comply with safety codes, particularly in earthquake-prone regions. The regulations of U.S. Environmental Protection Agency (EPA) on stormwater management and the reduction of pollutants in construction runoff can also drive the adoption of concrete admixtures that minimize environmental impacts.

The U.S. admixtures for concrete market is segmented on the basis of type and application. On the basis of type, the market is categorized into concrete water reducers, concrete expanding agent, concrete accelerator, air entrainers, corrosion inhibiting, retarding and others. On the basis of application, the market is categorized into commercial concrete and pre-cast concrete units.

On the basis of the type, the U.S. admixtures for concrete market is classified into concrete water reducers, concrete expanding agent, concrete accelerator, air entrainers, corrosion inhibiting, retarding and others. Concrete accelerator is projected to be the fastest-growing segment and concrete water reducers has garnered the highest share in the U.S. admixtures for concrete market.

On the basis of the application, the U.S. admixtures for concrete market is bifurcated into commercial concrete and pre-cast concrete units. Commercial concrete is projected to be the fastest-growing segment and pre-cast concrete units has garnered the highest share in the U.S. admixtures for concrete market.

Key players in the U.S. admixtures for concrete market include Master Builders Solutions, The Euclid Chemical Company, Sika AG, Cemex S.A.B. de C.V., Don Construction Products Ltd., MAPEI Corporation., Goulston Technologies, Inc., CHRYSO, Premiere Concrete Admixtures, Titan America LLC.

Key Findings Of The Study:

• On the basis of type, Concrete water reducers segment holds a largest share in admixture for concrete market and is projected to grow at a CAGR of 4.4% from 2023 to 2032.
• On the basis of application, the pre-cast concrete units segment was the highest revenue contributor to the market with a CAGR of 4.6%.