According to Zion Market Research research, the global market for Lignosulfonate-based Concrete Admixtures Market was valued at around USD 250 Million in 2021 and is predicted to produce revenue of around USD 370 Million by the end of 2028, rising at a CAGR of roughly 5.2% between 2022 and 2028.
Lignosulfonates are water-soluble anionic polyelectrolytes. It is mixed with concrete and is widely used in the infrastructure industry to retard setting time by reducing the quantity of mixing water and chemical utilised while keeping the workability of plastic concrete in formworks. These are also widely employed in a variety of industries, including construction as water reducers or super-plasticizers, agrochemical, oil and gas, animal feed, and gypsum board.
The Asia Pacific, Latin American, and Middle Eastern markets for lignosulfonate-based concrete admixtures are expanding rapidly in terms of size and valuation. These regional markets are likely to maintain their development streak in the next years, owing to the steady rise in the building industry, as lignosulfonate-based concrete admixtures are necessary components of a construction.
Although the easy availability of efficient alternatives at much lower prices may create obstacles in these markets’ growth trajectory, the significant surge in infrastructure investment across the Middle East is expected to offer lucrative opportunities for further growth of this market over the next few years, normalising the effect of this restraint.
Pellets, a typical animal feed, are one application for lignosulfonate. In the construction business, it is utilised as a plasticizer and superplasticizer. As plasticizers, lignosulfonates are becoming more popular. Furthermore, the expansion of the construction industry would increase demand for lignosulfonate-based concrete mixtures. Because of their great water-reduction potential, superplasticizers are projected to drive consumer demand. The growing construction industry will increase the usage of water-saving chemicals, increasing the demand for lignosulfonate-based concrete compositions. Lignosulfonates are employed as a pesticide dispersing and in oil-bearing muds. However, the availability of effective alternatives at reasonable rates may restrict future worldwide market expansion.
Report Scope:
Report Attribute | Details |
Base Year | 2021 |
Historic Years | 2019 – 2021 |
Forecast Years | 2022 – 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2022 to 2028 |
Global Lignosulfonate-based Concrete Admixtures Market: Segmentation
The market for lignosulfonate-based concrete compounds is divided into two parts: functionality and geography. The global market is divided into plasticizers and superplasticizers based on functionality. The market is divided into Asia-Pacific, Europe, the Middle East and Africa, North America, and the Rest of the World.
Because of the growing building sector in Asia-Pacific, Latin America, and the Middle East, lignosulfonate is widely utilised as a plasticizer. The Asia Pacific region dominates the global market for lignosulfonate-based concrete compounds. Countries such as Saudi Arabia, Kuwait, Qatar, and the UAE make significant investments in infrastructure. The usage of lignosulfonate-based concrete compounds during building benefits the industry.
Global Lignosulfonate-based Concrete Admixtures Market: Competitive Players
Some main participants of the lignosulfonate-based concrete admixtures market are BASF SE, Borregaard LignoTech, Sika AG, Tembec Inc., W.R. Grace Co-Conn., CICO Technologies Limited, Fosroc International, Pidilite Industries Limited, CEMEX S.A.B. de C.V., Sodamco-Weber, CHRYSO Group, and Mapei International among others.
Lignosulfonate-based Concrete Admixtures Market: Regional Segment Analysis
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
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