Lignosulfonate-Based Concrete Admixtures Market - Forecast(2023 - 2028)
Lignosulfonate-Based Concrete Admixtures Market Overview
The Lignosulfonate-Based Concrete Admixtures Market size is estimated to
reach US$2.5 billion by 2027 after growing at a CAGR of around 4.5% from 2022
to 2027. Lignosulfonates are water-soluble anionic polyelectrolytes which are
produced from wood pulp using sulfite pulping. Lignosulfonate-based concrete
admixtures are the admixtures that are used as superplasticizers during
concrete production. Such compound forms an essential ingredient of concrete as
it acts as waterproof agent to reduce water content in concrete while
maintaining its flow. Factors like increase in residential construction,
growing spending on commercial infrastructure and growing government initiatives
relating to providing affordable housing units for poor are driving the growth
of Lignosulfonate-Based Concrete Admixtures Market. However, the toxic
nature of lignosulfonate products like sodium lignosulfonate can limit its
usage in concrete production, which can hamper the growth of global
lignosulfonate-based concrete admixtures industry.
COVID-19 Impact
The lockdown implemented by countries all across
the world in order to prevent the widespread of COVID-19, led to decrease in
activities of various manufacturing sectors like construction sector.
Restrictions on construction sites relating to labor strength and supply of
raw materials, decreased the productivity of construction sector. For instance,
according to India’s Ministry of Statistics and Programme Implementation, in
2020, growth rate of Indian construction industry declines by 7% in Q3 and
49.4% in Q2. Further, according to
UK’s Office of National Statistics, in 2020, total new work construction output
in UK decreased by 16.3% with 17.2% reduction seen in public construction and
16% in private construction. Lignosulfonate-based
concrete admixtures are majorly used during concrete production as swelling
agent and waterproof agent. The decrease in construction output in major
countries on account of COVID restrictions, led to decrease in usage of
concrete, which reduced the demand for lignosulfonate-based concrete admixtures
for concrete production. This negatively impacted the global
lignosulfonate-based concrete admixtures industry growth.
Report Coverage
The “Lignosulfonate-Based Concrete
Admixtures Market Report – Forecast (2022 – 2027)”, by IndustryARC covers
an in-depth analysis of the following segments of the Lignosulfonate-Based Concrete Admixtures Market industry.
Key Takeaways
- Asia-Pacific dominates the global lignosulfonate-based concrete admixtures industry as the region consists of major economies like China and India which are leading countries in the construction sector and constantly make investments in their infrastructure developments.
- Rising investments in the social infrastructures such as hospitals, government offices, educational buildings, and correctional facilities will increase infrastructure construction activities leading more usage of lignosulfonate-based concrete admixtures in concrete making.
- Lignosulfonate works as retarding agent and superplasticizer in construction sector and absorption of its admixtures in concrete improves various physical performance of concrete.
Lignosulfonate-Based Concrete Admixtures Market Segment Analysis – By Concrete Type
Ready mix concrete segment accounted for approximately 35% of Lignosulfonate-Based Concrete Admixtures Market share in 2021 and is estimated
to grow at a significant CAGR during the forecast period. Lignosulfonate-based
concrete admixtures are majorly used in ready-mix concrete as such admixtures
influence dispersion of the concrete in the
presence of water and maintains the hydration rate of concrete. The rapid
development in construction sector globally has increased the demand for ready
mix concrete. For instance, according to European Union, in December 2021,
construction of buildings increased by 4.6% and civil engineering construction
by 3.3% compared to 2020. Also, according to Mexico’s National Institute of
Statistics and Geography, in Q2 of 2021, the construction industry in Mexico
posted a high year-on-year growth rate of 33.8%. Such increase in construction
output will create more usage of ready mix concrete in construction sector,
resulting in more usage of lignosulfonate-based concrete admixtures as
superplasticizers in ready mix concrete. This will boost the growth of global
lignosulfonate-based concrete admixtures industry.
Lignosulfonate-Based Concrete Admixtures Market Segment Analysis – By End User Industry
Residential segment accounted for approximately 41% of Lignosulfonate-Based Concrete Admixtures Market share in 2021 and is estimated
to grow at significant CAGR during the forecast period. Concrete is majorly
used in residential construction for structural applications like footings,
wall and slabs on ground. Hence, on account of growing population the demand
for residential units has also increased, which has positively impacted the
demand for lignosulfonate-based concrete admixtures. For instance, according to
Canada Mortgage and Housing Corporation, in Q4 of 2021, housing construction
increased to 68,958 units compared to 63,741 units in Q4 of 2020, showing an 8.1%
increase. Further, according to Japan’s Ministry of Land, Infrastructure,
Transport and Tourism, in June 2021, construction order for new houses
increased to 32.3% compared to -13.4% in 2020 same month. High residential
construction will increase concrete usage in them, resulting an increase in
demand for lignosulfonate-based concrete admixtures to be used as
superplasticizer during concrete production. This will positively impact global
lignosulfonate-based concrete admixtures industry growth.
Lignosulfonate-Based Concrete Admixtures Market Segment Analysis – By Geography
Asia-Pacific accounted for approximately 30% of Lignosulfonate-Based Concrete Admixtures Market share in 2021 and is estimated to grow at significant CAGR during the forecast period. The region consists of major economies like China, India, Japan and Australia where level of construction output including residential and commercial has rapidly increased. For instance, according to Australian Bureau of Statistics, in February 2022, the number of dwellings approved in Australia rose 43.5% with private sector house approvals showing 16.5% rise. Also, according to India’s Ministry of Statistics and Programme Implementation, in Q4 of 2020, India construction industry grew by 6.2%. Further, according to China’s National Bureau of Statistics, in Q2 of 2021, construction sector of China registered a growth of 1.8%, while its cumulative growth was 8.6% in first half of 2021. Lignosulfonate-based admixtures when added to concrete, acts as waterproof agent to reduce water content and maintain concrete’s strength. The increase in construction output on account of rising residential and commercial construction will increase usage of lignosulfonate-based concrete admixtures in concrete production. This will positively impact global lignosulfonate-based concrete admixtures industry growth.
Lignosulfonate-Based Concrete Admixtures Market Drivers
Increase in Residential Construction
Concrete forms a major material for
house construction as it increases strength, durability, reflectivity and
versatility of the house structure. The growing level of residential
construction on account of high demand for residential units from growing population
has increased concrete’s demand, thereby positively impacting the usage of
lignosulfonate-based concrete admixtures. For instance, according to UK’s
Ministry of Housing, Community and Local Government, in Q1 of 2021, there were
49,470 completed homes in the UK, showing a highest figure in over 20 years and
4% increase compared to the last 3 months of 2020. Further, according to
Germany’s Federal Statistical Office, in January 2022, the construction of
29,951 dwelling was permitted in Germany, showing an increase of 8.3% compared
to 2021 same month. Increase in residential construction will increase demand
for concrete in construction sector, resulting in high usage of
lignosulfonate-based concrete admixtures to be used in concrete production as
superplasticizer. This will boost global lignosulfonate-based concrete
admixtures industry growth.
Growing Spending on Commercials Construction
Emerging economies, rapid urbanization and
technological advancements has led to increase in the spending towards
infrastructure developments in countries. This has increased concrete usage for
commercial construction. For instance, according to US Census Bureau, in November 2021,
construction spending on healthcare was US$51.3 million showing 9% increase,
compared to US$46.7 million in 2020 same month. Further, according to Statistics Canada, in January 2022, investment
in institutional building increased by 0.6% to US$1.12 billion while industrial
construction investment increased by 2.1% US$691.4 million since mid-2020. An increase in commercial infrastructure spending will create more demand for concrete in
such commercial construction. This results in more usage of lignosulfonate-based
concrete admixtures for making concrete, which will boost global
lignosulfonate-based concrete admixtures industry growth.
Lignosulfonate-Based Concrete Admixtures Market Challenge
Toxic Nature of Lignosulfonate Products
Certain lignosulfonate admixtures
like sodium lignosulfonate which is used as superplasticizer or dispersant for
concrete, has high toxic nature. The production of sodium lignosulfonate makes
combustible dust concentration in air which if comes in contact with skin, causes
skin irritation and also its inhalation can have serious effects on lungs.
Moreover, accumulated concentrated dust of sodium lignosulfonate can cause
explosion hazard if comes near heat or flames. Hence, such negative effects of
sodium lignosulfonate will limit its production resulting its less usage as
admixtures for concrete. This can hamper the growth of global
lignosulfonate-based concrete admixtures industry.
Lignosulfonate-Based Concrete Admixtures Industry Outlook
The
companies to develop a strong regional presence and strengthen their market
position, continuously engage in mergers and acquisitions. In the Lignosulfonate-Based Concrete Admixtures Market report, the global
lignosulfonate-based concrete admixtures top 10 companies are:
- Green Agrochem
- LignoStar Group BV
- Cemex
- W.R Grace & Co.
- Fosroc Inc.
- Chryso Group
- Sika AG
- Sodamco Holding SAL
- CICO Technologies
- RPM International Inc.
Recent Developments
- In 2022, Master Builders Solutions launched a new range of admixtures products called MasterEase and Master X-Seed and launch of such products will increase admixtures product portfolio of Master Builders Solutions.
- In 2021, Infra Market acquired RDC Concrete India which is the largest independent ready mixed concrete company in India and such acquisition will increase the production scale of infra market in ready mix concrete.
- In 2021, Euclid Chemical a leading manufacturer of concrete and masonry construction products acquired Brett Admixtures which is a manufacturer of liquid concrete admixtures.
Relevant Reports
Concrete
Admixtures Market – Forecast (2022 - 2027)
Report
Code – CMR 0181
Concrete
Superplasticizers Market – Forecast (2022 - 2027)
Report
Code – CMR 0142
Lignin Products
Market – Forecast (2022 - 2027)
Report Code – CMR 90089
For more Chemicals and Materials Market reports, please click here
LIST OF TABLES
1.Global Lignosulfonate-Based Concrete Admixtures Market, by Type Market 2019-2024 ($M)2.Global Lignosulfonate-Based Concrete Admixtures Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
3.Global Lignosulfonate-Based Concrete Admixtures Market, by Type Market 2019-2024 (Volume/Units)
4.Global Lignosulfonate-Based Concrete Admixtures Market Analysis and Forecast by Type and Application Market 2019-2024 (Volume/Units)
5.North America Lignosulfonate-Based Concrete Admixtures Market, by Type Market 2019-2024 ($M)
6.North America Lignosulfonate-Based Concrete Admixtures Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
7.South America Lignosulfonate-Based Concrete Admixtures Market, by Type Market 2019-2024 ($M)
8.South America Lignosulfonate-Based Concrete Admixtures Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
9.Europe Lignosulfonate-Based Concrete Admixtures Market, by Type Market 2019-2024 ($M)
10.Europe Lignosulfonate-Based Concrete Admixtures Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
11.APAC Lignosulfonate-Based Concrete Admixtures Market, by Type Market 2019-2024 ($M)
12.APAC Lignosulfonate-Based Concrete Admixtures Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
13.MENA Lignosulfonate-Based Concrete Admixtures Market, by Type Market 2019-2024 ($M)
14.MENA Lignosulfonate-Based Concrete Admixtures Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
LIST OF FIGURES
1.US Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)2.Canada Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
3.Mexico Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
4.Brazil Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
5.Argentina Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
6.Peru Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
7.Colombia Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
8.Chile Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
10.UK Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
11.Germany Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
12.France Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
13.Italy Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
14.Spain Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
16.China Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
17.India Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
18.Japan Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
19.South Korea Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
20.South Africa Global Lignosulfonate-Based Concrete Admixtures Industry Market Revenue, 2019-2024 ($M)
21.North America Global Lignosulfonate-Based Concrete Admixtures Industry By Application
22.South America Global Lignosulfonate-Based Concrete Admixtures Industry By Application
23.Europe Global Lignosulfonate-Based Concrete Admixtures Industry By Application
24.APAC Global Lignosulfonate-Based Concrete Admixtures Industry By Application
25.MENA Global Lignosulfonate-Based Concrete Admixtures Industry By Application