POLYCARBOXYLATE ETHER MARKET ANALYSIS
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).
Market Trends
Polycarboxylate ether is fundamentally a high range water reducer, polymerized by various types of organic polymers. It is a new generation admixture of concrete, which is eco-friendly and consists of a copolymer of carboxylic acid.
Rising construction activities coupled with infrastructure development is propelling the demand for polycarboxylate ethers. Growing emphasis on sustainable and stronger construction materials is also projected to boost the PCEs market, as it possesses high water reducing .Polycarboxylate ether, a major ingredient used in the manufacturing of concrete, is thereby projected to witness high demand from concrete industry. Easy availability and usage of the construction elements is accelerating its demand in the cement industry, which in turn is boosting the polycarboxylate ethers (PCEs) market.
Figure 2. Global Polycarboxylate Ether Market Value Share (%), By Construction Industry, 2021
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