The concrete admixture industry has broad development prospects. Innovation is the core driving force for the development of the industry.

Concrete is the backbone of the modern construction industry and the most widely used building material. Concrete admixtures are substances added to improve and adjust the properties of concrete. With the rapid development of the modern construction industry, the demand for concrete market continues to upgrade. As the main admixture for optimizing the performance of concrete, admixtures have a relatively rich variety. According to different functions, admixtures can be divided into water-reducing agents, air-entraining agents, pumping agents, etc. to improve rheological properties; waterproofing agents and rust inhibitors to increase durability; retardants, early strength agents, etc. to improve hardening properties. .

Concrete admixtures have the characteristics of small dosage, large effect and wide application, and are widely used in the fields of civil engineering and construction. Currently, against the background of increasing investment in national infrastructure projects, the use of concrete is increasing, which in turn drives the production of concrete admixtures to increase. According to data from the National Development and Reform Commission, national ready-mix concrete production in 2021 will be 3,293.3 million cubic meters, a year-on-year increase of 6.9%. In this context, according to the “China Concrete Admixture Industry Market In-depth Research and Development Prospects Forecast Report 2022-2026” released by the Industrial Research Center span> shows that domestic concrete admixture production in 2021 will be 20.088 million tons, a year-on-year increase of 25.2%.

Water-reducing admixture is the current mainstream product in the concrete admixture market, accounting for the largest market share. In 2021, domestic water-reducing agent production will be 13.475 million tons, accounting for 67.1% of the total domestic and foreign additive production; followed by expansion agents, accounting for 67.1% of the total domestic and foreign additive production. It is 12.3%; air-entraining agent production ranks third, accounting for 9.8%.

Concrete admixtures have low financial and technical barriers and low industry entry barriers. At this stage, there are a large number of domestic related companies, but most of them are small and medium-sized enterprises with low technical levels, weak R&D capabilities, and small scale. In 2021, three domestic companies, Subote New Materials, Lizhi Holding Group, and Hongqiang New Materials Co., Ltd., are the TOP3 companies in the concrete admixture industry. The three companies have a total market share of approximately 25%, and the industry concentration is low. There is still broad room for leading companies to increase their market share in the future.

Innovation will be the core driving force for concrete admixture companies to occupy more market shares and achieve rapid development. In recent years, the demand for concrete in the downstream market has been continuously upgraded, and the market demand for concrete with higher strength (super C35) has been increasing. Concrete strength and functional upgrading are the core driving forces for the innovative development of admixtures. In the future, leading companies that can produce high-performance new admixtures and meet customer customized needs will occupy an advantageous position in market competition.

Industry analysts personnel said that concrete admixtures are an indispensable component of concrete raw materials. In recent years, the number of domestic infrastructure projects has continued to increase. And against the background of the continuous development of the real estate industry, the market demand for concrete admixtures continues to increase, and the industry development prospects are good. However, the current concentration of the domestic concrete admixture industry is low. In the future, driven by the upgrading of market demand, companies with strong innovation capabilities and high brand influence will continue to expand their market share, thereby promoting the continuous improvement of industry concentration.