A research report on GCC Concrete Admixture Market Size, Share, Analysis, Future and Forecast 2022-2027 by Markntel Advisors provides thorough information and figures on this sector, whether you're looking for new markets, launching a new product, or maintaining your position in the market. A detailed analysis of market was performed, based on historical data between 2017 and 2020, with 2021 as its base year. Our expert analysts have devoted many hours to collecting and studying the latest market data to provide an accurate and up-to-date report. Anyone who wants to make data-based decisions, such as entrepreneurs or analysts, will benefit from our market research report.
GCC Concrete Admixture Market Dynamic Forces
Our research offers valuable insights into significant market trends, consumer behavior, and competitive environments across various industries. We also monitor market trends to provide insight into the positive and negative aspects of the industry that have influenced consumer behavior in the historical period. Besides this, our report provides an in-depth analysis of the market challenges or restraints that have hindered market growth or are expected to emerge as obstacles during the forecast period. Additionally, we cover the factors driving market growth with numerous examples to substantiate them.
We also thoroughly cover government initiatives that may encourage the adoption of GCC Concrete Admixture products/services and benefit market participants, the key market players are as follows: –
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Top Ten Companies of 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
Our comprehensive coverage of lucrative prospects makes our research analysis valuable for investors and other stakeholders.
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.Segmentation of the GCC Concrete Admixture Market
The GCC Concrete Admixture Market is highly robust and fragmented into numerous segments; –
Market Segmented into, 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.)
Market Segmented into, 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.)
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Therefore, understanding market segmentation is crucial for businesses to tailor their strategies, products, and services to meet their target customers' needs and demands. In addition, companies can identify new growth opportunities, forecast market trends, and devise effective marketing and sales strategies by analyzing the market segments and associated sub-segments.
The market is also divided geographically into various regions and countries; –
-UAE
-Saudi Arabia
-Oman
-Qatar
-Kuwait
-Bahrain
Geographic segmentation helps businesses to gain insights into the regional differences in consumer behavior, preferences, and demand. This can enable companies to make informed decisions about their expansion plans, partnerships, and product localization strategies.
In general, the GCC Concrete Admixture Market is characterized by an extremely high level of complexity and fragmentation that poses business opportunities and challenges. However, companies will be able to develop effective strategies for staying ahead of the competition and exploiting growth opportunities inherent in the market by carrying out a comprehensive analysis of segments, associated sub segments, and geographic locations.
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