According to the recent research report titled ‘Global Polycarboxylate Superplasticizer market Size study, By Type (MPEG, APEG, TPEG, HPEG, Others) By Applications (Commercial Concrete, Pre-cast Concrete Units and Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global polycarboxylate superplasticizer market was valued at USD 9.16 billion in 2019 and is projected to record a CAGR of 8% during 2020-2027.
 

High expenditure towards the development of public utility infrastructure like tunnels, subways, pavements, bridges, etc. is majorly driving the growth of global polycarboxylate superplasticizer market.
 

For those uninitiated, polycarboxylate superplasticizer is a third-generation concrete superplasticizer which has unique characteristics such as improved self levelling & environment friendly, convenient operation, low viscosity, better strength & compactness, and good water reducing rate properties. It is widely used in high-performance concrete, high-grade concrete, concrete pumping, self-compacting concrete, flowing concrete, and high resistance concrete.
 

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As per Statista, infrastructure expenditure in 2017 in construction sector was over 9% of the country’s GDP. Surging demand for commercial concrete is creating lucrative growth prospects for the industry.
 

Polycarboxylate superplasticizer are utilized in dry mortar, cement grouting, high volume slag concrete/fly ash, high resistance concrete, and high-performance concrete, which in turn is further propelling the market outlook. This sector witnessed FDI equity inflow of a considerable amount in the year 2019.
 

However, transportation issues along with strict regulations imposed by the government regarding proper utilization of the superplasticizer may act as restraining factors for the industry expansion.
 

From a regional perspective, worldwide polycarboxylate superplasticizer market is segmented into Latin America, North America, Asia-Pacific, Europe, and Rest of the world. The report states that Asia Pacific is projected to emerge as a leading nation and empower the advances in global polycarboxylate superplasticizer market.
 

The demand for concrete superplasticizers in Asia-Pacific is likely to grow in the forthcoming years, on account of increasing construction activities. North America and Middle East & Africa markets are also slated to witness commendable growth in the ensuing years, since these regions utilize concrete superplasticizers in various civil infrastructure.
 

Major players in global polycarboxylate superplasticizer market are Shanxi Kaidi Buildings Materials Co., Ltd., Jilong, Wushan Building Materials, Tianjin Feilong Tube-making Plant Co. Ltd., Euclid Chemical, Huangteng Chemical, Shangdong Huawei, Liaoning Kelong Fine Chemical Co., Ltd., Shijiazhuang Yucai Medical Packaging Material Co., Ltd., KZJ New Materials, Takemoto Packaging Inc., Kao Chemicals, Mapei Construction Chemicals LLC, Sobute New Materials Co. Ltd., Fosroc Chemical, Arkema S.A., W.R. Grace and Company, BASF SE, and Sika AG.