Air-entraining Agents Market Trends and Prospects by 2027

Prince

5 years ago

Air-entraining agents facilitate the development of stable air voids within concrete that increases the durability of the concrete. These agents impart air entrainment that leads to increased resistance to deterioration of concrete, improved workability and cohesiveness of concrete placement, and reduced segregation and bleeding across the concrete.

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Increase in building & construction activities and infrastructure projects, growth in industrialization, improvement in construction quality in developing countries, and need to reduce water usage and time taken to complete construction activities are major factors driving the global air-entraining agents market.
Rise in need for repair, maintenance, and renovation of aging construction in Europe and North America is anticipated to boost the air-entraining agents market during the forecast period
Air-entraining agents are increasingly used in the global construction industry due to their distinct feature to offer high degree of durability and workability to concrete. Air-entraining agents also help reduce bleeding and segregation of fresh concrete.

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Based on end-use, the commercial segment is projected to dominate the global air-entraining agents market during the forecast period. Increase in demand for infrastructure has led to strong focus on the non-residential sector.

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Enactment of supportive government policies for the residential sector is estimated to propel the air-entraining agents market during the forecast period. For instance, the Government of India implemented the Real Estate Regulatory Authority (RERA). This is likely to increase the level of transparency in the residential sector of the country.

Production of air-entraining agents entails high capital investment for the establishment of production facility and infrastructure. This may act as a key barrier for companies, thereby negatively impacting the demand for air-entraining agents in the near future.

In terms of region, the global air-entraining agents market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Asia Pacific is expected to remain the major region of the global air-entraining agents market during the forecast period. The region is likely to witness significant growth in the next few years, driven by high focus of developing countries on infrastructure development, increase in urbanization, rise in migration toward cities, and need for improvement in quality for construction. China and India are anticipated to remain the growth engines of the market in Asia Pacific in the next few years.
Leading locations for infrastructure investment include Singapore, Canada, Qatar, the UAE, Norway, Sweden, Malaysia, the U.S., and the U.K. Rise in need for infrastructure is likely to drive the demand for air-entraining agents in these countries during the forecast period.

The air-entraining agents market is largely fragmented. Many major players are focusing on increasing their geographical presence by merging with the local players in order to lower their production cost and improve efficiency.
Air-entraining agents are primarily employed in the construction industry. Companies are focusing on Asia Pacific considering the vast development in the construction industry in the region.

Key players operating in the air-entraining agents market include: