AMR’s View on the Concrete Surface Retarders Market Outlook

The report provides a comprehensive analysis of the concrete surface retarders market, focusing on key factors such as sales projections, industry size and share, and primary growth drivers. It indicates substantial market growth during the forecast period. Additionally, the report offers detailed statistics on the drivers, restraints, and opportunities that directly impact the sector. 

 

A report by Allied Market Research on the concrete surface retarders market states that the industry is estimated to generate $131.5 million with a noteworthy CAGR of 4.7% by 2031. The sector is witnessing transformation due to the heightened demand for retarders in industrial, commercial, and residential infrastructure, the surge in construction development projects, and safe alternatives for exposing concrete aggregate. However, high cost, lack of skilled labor, and high porosity of concrete surface restrain the growth to some extent. Nevertheless, the rise in demand for eco-friendly building materials is estimated to provide ample opportunities for growth in the future.   


 

Futuristic trends in the market  

 

The demand for eco-friendly and sustainable formulations is growing in the concrete surface retarders industry. Manufacturers are increasingly focused on producing retarders with minimal environmental impact. These retarders incorporate biodegradable and non-toxic compounds, helping to reduce the release of harmful substances during application.  

 

On the other hand, technological advancements are driving innovation in concrete surface retarders, leading to improved performance and efficiency. New formulations provide enhanced control over the retardation process, allowing for more precise aggregate exposure and greater durability of the concrete surface.  

 

Moreover, concrete surface retarders are gaining popularity in ornamental concrete applications, including architecture, pathways, and driveways. These retarders help expose aggregates in the concrete, creating more visually appealing surfaces with enhanced texture and appearance.  The demand for surface retarders in decorative concrete is expected to rise due to an increasing focus on aesthetic design in modern buildings.  

 

Competitive scenario  

 

The company profiles in the study also highlight their strategic activities, including acquisitions and mergers, new agreements, product launches, collaborations, joint ventures, research and development investments, and regional expansion of major companies in the industry, both globally and regionally. The leading players studied in the report are:  

 

  • CEMEX S.A.B DE C.V.  

  • The Euclid Chemical Company  

  • TK Products Construction Coatings  

  • RussTech, Inc.  

  • Sika AG  

  • Fosroc, Inc.  

  • GCP Applied Technologies Inc.  

  • BASF SE  

  • W. R. Meadows, Inc.  

  • MAPEI S.p.A.  

 

Regional analysis  

 

Regional analysis in the report identifies potential risks associated with entering a new market,  

such as political instability or economic downturns specific to that region. This insight enables businesses to develop effective growth strategies. The concrete surface retarders sector is assessed across four regions: North America, Europe, Asia-Pacific, and LAMEA.  

 

As per the regional study of the industry, Asia-Pacific generated the highest share in 2021 and is predicted to witness the fastest growth by 2031. High population growth rate and rapid urbanization boost sectoral expansion. For instance, countries like India, China, Indonesia, and Vietnam are experiencing rapid population and economic growth, which in turn is fueling expansion in the construction sector, particularly for aesthetically appealing commercial and residential buildings.   

 

Sectoral highlights  

 

In August 2023, a major player in the construction chemicals industry, BASF, acquired Neuman & Esser Group, to extend its product portfolio and strengthen its market reach within the construction sector.  

 

Euclid Chemical Company acquired Chryso’s cement grinding aids and additives business from North America in April 2022. This acquisition strengthened Euclid's market presence and technological capabilities, potentially enhancing its product offerings in concrete surface retarder applications.  

 

To conclude, the concrete surface retarders industry report provides a comprehensive overview of the market, delivering valuable insights and actionable intelligence to help businesses achieve a competitive advantage. This information empowers businesses and investors to make informed decisions, identify growth opportunities, and craft strategies for success in an evolving market.  

  

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