Polycarbonate Superplasticizer Market Report Overview
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The global polycarbonate superplasticizer market size is estimated to be USD 5975 million in 2021 and is projected to touch USD 11241.9 million by 2031, exhibiting a CAGR of 6.5% during the forecast period.
Polycarboxylate superplasticizer [PCE] is a highly effective water reduction agent. The polycarboxylic acid series superplasticizer products can be split into two categories based on the main chain's structure. A kind of polyether with side chains of various lengths and acrylic or methacrylic acids as the main chain. A variety of high-performance superplasticizer products with various properties have been developed based on these two categories.
Some of the shortcomings of conventional water reducers are resolved by a new generation of polycarboxylate superplasticizer. It benefits from low dose, robust molecular structure, high performance, low concrete shrinkage, good moisture retention, and no formaldehyde use during manufacture. It is a cement dispersion applied to cement-based construction projects. Polycarboxylate superplasticizer concrete is frequently used in construction projects like high-rise buildings, bridges, tunnels, dams, and roadways.
COVID-19 Impact: Infrastructure Restrictions Halt Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with polycarbonate superplasticizer experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The rise in CAGR is attributable to the demand returning to pre-pandemic levels once the pandemic is over.
COVID-19 had a life changing impact globally. The global polycarboxylate superplasticizer market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for polycarboxylate superplasticizer experienced a downfall.
The global polycarboxylate superplasticizer market was severely affected adversely as the need for polycarboxylate superplasticizer went down. This was a result from the halt of construction work during the pandemic. The complete lockdown and closure of construction work caused a major problem to the market. Only a few companies did not suffer as much due to the various end users they supplied.
However, in some countries the government provided support through investment in infrastructure. Meanwhile, some service providers received the essential services category so they were able to continue their work. According to Data Bridge, the polycarboxylate superplasticizer market in Australia and New Zealand performed well in 2020 despite the pandemic. Their government played a vital role to restart their economy quickly.
LATEST TRENDS
"Latest R&D to Benefit Market Prospects"
A recent study conducted on the synthesis and properties of a polycarboxylate superplasticizer was shared by ACS Publications. The experiment focused on synthesizing a new type of superplasticizer present in polycarboxylate superplasticizers which does not exhibit the usual comb-shaped form of PCEs. It was concluded that newly synthesized product were highly effective cement dispersants. The hyperbranched superplasticizers exhibited high robustness toward alkali sulfates and maintained fluidity much longer.
A journal published by Hindawi looked into the progress of synthesis of polycarboxylate superplasticizer. The goal was to prepare new macromonomers with controlled molecular masa, adjustable hydrophilic-lipophillic groups, long chain alkyl groups and large terminal hydroxyl groups. It was found that PCE synthesized at room temperature had the same performance with PCE synthesized at elevated temperature in terms of conversion and initial dispersion in cement. Hence, it was conclusive that the dispersion of PCE in cement is dependent on multiple factors and developments.
Polycarbonate Superplasticizer Market Segmentation
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- By Type
Based on type, the market is divided into MPEG, APEG, TPEG, HPEG, and Others.
MPEG is the major type of shareholder in the global market.
- By Application
Based on application, the market is bifurcated into Commercial Concrete, and Pre-cast Concrete Units.
Commercial concrete is a major shareholder for the global market.
DRIVING FACTORS
"Increasing Urbanization to Increase Need for PCE "
Urbanization has a major development goal globally across continents. According to the United Nations, 55% of the world’s population resides in urban areas. But projections indicate there will be a gradual shift of the population from rural to urban areas. The population that resides in urban areas is expected to increase to 68% by 2050. As the population shifts, there would be a need for infrastructure. This would directly result in a hike for the global polycarboxylate superplasticizer market. The usage of PCE in making of commercial cement would see a drastic rise owing to the need for infrastructure.
"Diverse Qualities to cause Market Demand"
Polycarboxylate superplasticizer exhibits several qualities make it ideal for various market. It improves the grip of steel and concrete. Its compatibility with various cement, good slump retention and prolonged concrete construction time. At minimal dosages, it exhibits high water reduction rate. The production process is non-polluting and contains no formaldehyde. Using PCE would assist in usage of slag or fly ask instead of cement to reduce cements.
RESTRAINING FACTORS
"Increased Air Presence Weakens Concrete"
Whilst the production process in environment friendly, the additional costs of mixture cause a major drawback in its making. Polycarboxylate superplasticizer also holds more air molecules within the concrete causing a weaker structure. It also has a greater slump loss than conventional concrete which causes a negative impact on the demand for polycarboxylate superplasticizer. Hence the limitations pose as a potential restraining factor for the global polycarboxylate superplasticizer market share.
Polycarbonate Superplasticizer Market Regional Insights
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"Asia Pacific Dominates the Market as Major Manufacturer"
Asia Pacific countries are the largest market shareholder for polycarboxylate superplasticizer. This is built upon factors such as huge investments of the governments in the developing countries. These investments are planned for large-scale infrastructure projects. Adding on to this, is the rising purchasing power of people, rapid urbanization and growing population in this region. Due to this, the government aims to provide an affordable standard of living for its citizens. Europe is the second major shareholder of the global polycarboxylate superplasticizer market.
KEY INDUSTRY PLAYERS
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
List of Market Players Profiled
- Sika AG [Switzerland]
- BASF SE [Germany]
- GCP Applied Technologies [U.S.]
- Arkema [France]
- Fosroc [U.A.E.]
- Sobute New Material [China]
- Mapei S.p.A [Italy]
- Kao Chemicals [Japan]
- Takemoto Yohki [India]
- KZJ New Materials [Philippines]
- Shijiazhuang Yucai [China]
- Liaoning Kelong [China]
- Shangdong Huawei [China]
- Shanxi Huangteng Chemical [China]
- Tianjing Feilong [China]
- Wushan Building Materials [China]
- Guangdong Redwall New Materials [China]
- Shanxi Kaidi [China]
REPORT COVERAGE
This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 5975 Million in 2021 |
Market Size Value By |
US$ 11241.9 Million by 2031 |
Growth Rate |
CAGR of 6.5% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the polycarbonate superplasticizer market expected to touch by 2031?
The global polycarbonate superplasticizer market is expected to reach USD 11241.9 million by 2031.
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What CAGR is the polycarbonate superplasticizer market expected to exhibit by 2031?
The polycarbonate superplasticizer market is expected to exhibit a CAGR of 6.5% by 2031.
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Which are the driving factors of the polycarbonate superplasticizer market?
Increased urbanization and diverse qualities are the driving factors of the polycarbonate superplasticizer market.
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Which are the top companies operating in the polycarbonate superplasticizer market?
Sika AG, BASF SE, GCP Applied Technologies, Arkema, Fosroc, Sobute New Material, Mapei S.p.A, Kao Chemicals, Takemoto Yohki, KZJ New Materials, Shijiazhuang Yucai, Liaoning Kelong, Shangdong Huawei, Shanxi Huangteng Chemical, Tianjing Feilong, Wushan Building Materials, Guangdong Redwall New Materials, Shanxi Kaidi are key companies operating in the polycarbonate superplasticizer market.