The global Construction Additives Market was valued at $18.5 Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $42.7 Billion.
Construction additives are chemicals in the form of powder or liquid which are used in building &infrastructures for obtaining certain characteristics or properties such as durability & high strength which is not obtainable from normal or regular materials. The concrete additive is added to the mixture of water cement & aggregates in small quantity to increase the durability of the concrete & to control hardening or setting. In construction sectors it is used to reduce the cost of the construction materials, to optimize special properties, & to the constituent quality of the material & to ensure reliability.
Concrete additives enhance the properties of concrete for application in construction with special requirement. The additive is formulated chemical compounds that are used to modify certain properties of concrete or mortar.
Pricing Analysis
“Optimal Price Point (OPP) for Construction Additives”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the North America Construction Additives are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
We have segmented the construction additives market based on product categories as Chemical, Mineral, &Fiber.
We have observed the rapid use of chemical construction additives use for a specific purpose like controlling of air pores & helps to enhance curing & durability of concrete. It can be applied on steel bars as a protective coating to prevent corrosion. Increasing residential &non-residential buildings is expected to grow during the forecast period.
We have segmented the construction additives market based on End-use are Residential, Commercial, & Infrastructure.
We have observed the growth of commercial sector due to the increasing of shopping malls, schools, colleges & universities, offices, hospitals, factories for using the construction additive in construction is segmented to grow the market. The commercial sector is one of the fastest growing, segments, with increased use in major infrastructure projects all over the world.
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