The global polycarboxylate ether market is expected to grow significantly in the coming years, driven by increasing demand for high-performance concrete in the construction industry. Polycarboxylate ether is a key ingredient in the production of superplasticizers that improve the workability, strength, and durability of concrete structures. Growing urbanization and infrastructure development in emerging economies, coupled with the increasing adoption of sustainable building materials, are expected to further drive the market growth. However, fluctuating raw material prices and the availability of alternatives such as lignosulfonates and sulfonated melamine formaldehyde can hinder market growth. To remain competitive, companies in the polycarboxylate ether market are focusing on developing innovative products and expanding their global presence through mergers, acquisitions, and partnerships.
Global Polycarboxylate Ether Market was valued at US$ 11456.0 Million in 2021 in terms of revenue, exhibiting a CAGR of 7.01% during the forecast period (2022 to 2030).
Prominent Companies in the Polycarboxylate Ether Industry:
1. Sika AG
Sika AG is a Swiss specialty chemical company founded in 1910, with its headquarters located in Baar, Switzerland. The company operates in over 100 countries and has around 300 production sites. Sika AG's recent development in the field of polycarboxylate ether includes the launch of Sika ViscoCrete-5, a new generation of superplasticizer for concrete production, in September 2021. The product has an enhanced formulation that reduces the water demand of concrete, resulting in a more sustainable construction process.
2. BASF SE
BASF SE is a German multinational chemical company founded in 1865, with its headquarters located in Ludwigshafen, Germany. The company operates in over 80 countries and has around 390 production sites. BASF SE's recent development in the field of polycarboxylate ether includes the launch of MasterEase, a new range of superplasticizers for concrete production, in July 2021. The product range provides high slump retention and workability, enabling faster construction and reducing the overall carbon footprint of the building.
3. Abadgaran Group
Abadgaran Group is an Iranian chemical company founded in 1984, with its headquarters located in Tehran, Iran. The company operates in several countries including Iran, Iraq, UAE, Azerbaijan, and Turkey. Abadgaran Group's recent development in the field of polycarboxylate ether includes the launch of AD2P, a new superplasticizer for concrete production, in November 2021. The product has a high water-reducing ability and provides excellent workability, resulting in stronger and more durable concrete structures.
4. Arkema SA
Arkema SA is a French specialty chemicals and advanced materials company founded in 2004, with its headquarters located in Colombes, France. The company operates in over 50 countries and has around 200 production sites. Arkema SA's recent development in the field of polycarboxylate ether includes the launch of Plastistrength 700, a new dispersant for cement and concrete production, in January 2022. The product has a high compatibility with polycarboxylate ether and enhances the strength and durability of concrete structures.
5. Mapei S.P.A.
Mapei S.P.A. is an Italian chemical company founded in 1937, with its headquarters located in Milan, Italy. The company operates in over 50 countries and has around 90 production sites. Mapei S.P.A.'s recent development in the field of polycarboxylate ether includes the launch of Mapetard, a new range of superplasticizers for concrete production, in October 2021. The product range provides excellent workability, high slump retention, and reduces the water demand of concrete, resulting in a more sustainable construction process.
6. Sakshi Chem Sciences Private Ltd.
Sakshi Chem Sciences Private Ltd. is an Indian chemical company founded in 2004, with its headquarters located in Hyderabad, India. The company operates in several countries including India, UAE, and Oman. Sakshi Chem Sciences Private Ltd.'s recent development in the field of polycarboxylate ether includes the launch of Sakshiplast PC, a new superplasticizer for concrete production, in March 2022. The product has a high water-reducing ability and provides excellent workability, resulting in stronger and more durable concrete structures.
7. Fosroc International Limited
Fosroc International Limited is a British construction chemicals company founded in 1932, with its headquarters located in Dubai, UAE. The company operates in over 50 countries and has around 50 production sites. Fosroc International Limited's recent development in the field of polycarboxylate ether includes the launch of Conplast SP430, a new range of superplasticizers for concrete production.
*Definition- Polycarboxylate ether is a chemical compound commonly used in the production of superplasticizers for concrete. It helps improve the workability, flow, and strength of concrete, making it more durable and sustainable for construction purposes.
