Latest news with #Mapei
Time of India
26-06-2025
- Business
- Time of India
Concrete And Cement Additives: U.S. Court Dismisses Antitrust Claims Against Major Concrete Additives Firms, ET Infra
Advt A U.S. judge in Manhattan on Wednesday dismissed a nationwide antitrust lawsuit accusing six companies that sell the vast majority of concrete and cement additives in the United States and Europe of conspiring to drive up prices.U.S. District Judge Lewis Liman said the "extreme and persistent" price hikes alleged by purchasers were "episodic," and inconsistent with coordinated activity in the estimated $27 billion global market for additives and so-called admixtures."Plaintiffs' allegations fall short of suggesting that the price increases were not the product of normal market forces or that the explanations given were pretextual so as to suggest an antitrust conspiracy," Liman defendants include Germany's BASF , Britain's Cinven Group, Italy's Mapei, Ohio-based RPM, France's Saint-Gobain and Switzerland's to court papers, they control an estimated 80% to 90% of the $3 billion U.S. market for the additives, which are chemicals added to concrete, cement and mortar to improve the finished products' strength and his 50-page decision, Liman also said "plus factors" such as mergers, memberships in trade associations, and scrutiny by U.S. and European competition regulators suggested at most that a price-fixing conspiracy was possible, not for the purchasers did not immediately respond to requests for comment. Liman said the purchasers can try to replead most claims. The alleged conspiracy began in began after the European Commission in October 2023 conducted surprise inspections, which the purchasers called "dawn raids," at several producers of construction chemicals, on suspicion of possible anticompetitive commission said the inspections were a preliminary investigatory step and did not mean it found anticompetitive May 2024, the U.S. Department of Justice confirmed a Pennsylvania grand jury had begun probing the concrete and cement additives industry.
Yahoo
15-05-2025
- Business
- Yahoo
Concrete Sealers Market Size to Hit 7.1%, Globally, by 2030- Exclusive Study by The Research Insights
CHICAGO, May 15, 2025 /PRNewswire/ -- The global Concrete Sealers Market is projected to be valued at USD 2.1 billion in 2024 and reach USD 3.1 billion by 2030, growing at a CAGR of 7.1% according to a new report by The Research Insights. The construction and renovation industry has undergone a significant change where the focus moves from making reactive repairs to taking proactive protective measures. The current shift toward preventative maintenance plays a key role in expanding the concrete sealers market. Homeowners along with builders and facility managers increasingly recognize the cost-effectiveness of damage prevention over subsequent repairs. Download PDF Brochure: Global Concrete Sealers Market Recent Developments and Innovations: In October 2024, Mapei acquires British waterproofing and property renovation solutions provider Wykamol. The company operates from two sites in Burnley: the first is the head office and powder production, and the second is dedicated to HDPE (high-density polyethylene) manufacturing and warehousing. The acquisition was aligned with a vision to strengthen the market position and expand product offerings. In September 2024, Evonik Industries AG launched two new polyamide-based epoxy curing agents (Ancamide® 2853 and Ancamide® 2865) for America region. Ancamide® 2853 and Ancamide® 2865 deliver high flexibility with standard diluted epoxy resin, eliminating the need for polyurethane modifiers. These curing agents for concrete sealers offer high tensile and tear strength along with fast curing speeds, making them ideal for applications requiring quick return to service. In September 2023, Arkema increased their organic peroxide production capacities at its Changshu site in China. The investment of around €50 million will enable the Group to support its Asian customers in fast-growing markets, particularly in renewable energies. Browse in-depth TOC on "Concrete Sealers Market" 69 - Tables 78 - Figures 234 - Pages By Based on product type, the concrete sealers market shows a clear preference for acrylic-based sealers because of their versatile nature combined with cost-effective pricing and simple application procedures. Acrylic-based sealers maintain strong popularity for residential and decorative concrete work because they deliver both good performance and cost-efficiency. Acrylic sealers offer outstanding resistance to water intrusion and UV exposure as well as mild chemical damage while they improve concrete surfaces by providing either a glossy or matte aesthetic appearance. Acrylic sealers maintain market dominance through their usage in both DIY and professional projects which ensures their continued popularity and solidifies their leadership in the concrete sealers market size. By Based on formulation, concrete sealers market participants now favor water-based formulations mainly because of increasing environmental consciousness alongside regulatory standards and their user-friendly nature. Water-based sealers produce fewer volatile organic compounds (VOCs) than solvent-based alternatives which makes them a safer option for human health and environmental protection. Water-based sealers provide the benefits of easier cleanup alongside reduced odor emissions and greater suitability for indoor use. The growing preference of residential users and DIY consumers for user-friendly products with low toxicity levels has elevated the market success of water-based sealers. The concrete sealers market is evolving toward sustainability because consumer preferences are shifting in this direction. By Based on application, the residential sector dominates the concrete sealers market growth because homeowners frequently use sealers for driveways, patios, walkways, and garage floors. The increase of home renovation activities across North America and European regions has boosted the need for affordable sealer options that homeowners can use easily with a focus on water-based acrylic products. Residential users choose sealers that provide aesthetic improvement and user convenience with minimal application time instead of the specialized, high-performance sealers needed for industrial or infrastructure projects. The residential segment remains the principal force in the concrete sealers market due to steady demand and increasing preventive maintenance awareness. Request Sample Pages: By end-use, the repair & maintenance sector dominates end-use preferences in the concrete sealers market value by holding the largest share of product demand. Over time concrete structures develop vulnerabilities such as cracking and moisture intrusion which leads property owners to seek cost-effective preservation methods. Sealers extend existing surface lifespans effectively without the need for major structural adjustments making them perfect for maintenance tasks. The trend toward renovation and restoration activities surpassing new construction projects in mature markets such as North America and Europe. The rising knowledge about preventive maintenance practices has resulted in more frequent use of concrete sealers during residential and commercial renovation projects. Homeowners and facility managers choose sealers because they are straightforward to apply while also drying quickly and remaining budget-friendly. The concrete sealers market advances primarily due to the need to protect and rejuvenate aging infrastructure even though new construction projects also utilize sealers for long-term protection. By geography, the concrete sealers market sees North America as a leading region due to high demand from residential and commercial construction activities. The region's advanced infrastructure network alongside regular maintenance habits and home improvement DIY practices lead to steady demand for sealers especially those made from water-based acrylic. The United States is the leading market force thanks to increasing renovation projects alongside higher surface protection consciousness and regulations that encourage low-VOC product use. Market expansion receives additional support through the increased use of decorative and stamped concrete for landscaping and flooring applications. The concrete sealers market in Asia Pacific is experiencing rapid growth because of increasing urbanization along with infrastructure development and more investment in commercial real estate. China and India along with Southeast Asian countries stand out as major growth drivers for expanding concrete sealer applications in roads and bridges as well as industrial and residential construction floors. European concrete sealers market development hinges on rigorous environmental laws alongside sustainable construction priorities and high construction quality standards. In summary, North America concrete sealers market benefits from widespread preventive maintenance knowledge and a strong DIY movement along with continuous residential and commercial renovations. The United States dominates regional usage with sealers extensively applied to driveways, patios, and decorative concrete surfaces. The region benefits from strict environmental rules together with an advanced infrastructure sector that demands regular maintenance work. The development of smart cities alongside sustainable construction practices generates additional growth momentum. North America stands out as a significant market through its innovative approaches and steady demand for new construction and refurbishment projects while meeting regulatory standards. The key players in the concrete sealers market are BASF SE, PPG Industries, Inc., Evonik Industries AG, Sherwin Williams, Prosoco Corporation, Laticrete International, Inc., SURTECO GmbH, Sika AG, Arkema S.A., RPM International Inc., Mapei S.p.A, Wacker Chemie AG, Curecrete Distribution Inc., Saint-Gobain, Henkel AG & Co. KGaA, H.B. Fuller Company, DuPont de Nemours, Inc. and Dow Inc. Get a Quote at BASF SE: BASF SE stands as a prominent player in the concrete sealers market through its advanced construction chemical solutions. The company provides a wide selection of concrete sealers that protect surfaces while improving their appearance and extending their durability. The concrete sealing solutions offered by BASF which contain water-based, solvent-based, and penetrating sealers find extensive applications in residential buildings as well as commercial properties and infrastructure projects. BASF produces eco-friendly sealers with sustainability as a priority while meeting strict environmental standards. Thanks to its worldwide presence and advanced research capabilities the company stands as a leading market force through its innovative solutions. BASF remains a market leader through ongoing product innovation which addresses various customer requirements while keeping its industry advantage intact. Sherwin-Williams: Sherwin-Williams leads the concrete sealers market with its extensive range of high-performance coating and sealer products. Customers across residential, commercial, and industrial sectors recognize these products as superior solutions to protect against moisture damage, UV degradation, chemical exposure, and physical wear. Sherwin-Williams provides two types of sealers including film-forming and penetrating options while concentrating on water-based products that meet environmental compliance requirements. Through its innovative research and development efforts combined with sustainability practices and customer solutions the company has secured its global leadership status. Sherwin-Williams keeps its dominant position in the concrete sealers market through extensive distribution networks and focused expansion within emerging markets. Sika AG: Sika AG stands out as a major player in the concrete sealer market through its focus on durable and protective surface enhancement products. The company provides a variety of concrete sealers such as film-forming and penetrating solutions to protect surfaces from water, chemical exposure, and physical wear. The company Sika achieves high performance with its sustainable product formulations which comply with rigorous environmental standards. Through extensive research and development, the company has established strong market presence that makes it the preferred option for residential, commercial and infrastructure projects across the globe. Sika establishes itself as a leading force in the concrete sealers market through its dedication to both environmental responsibility and customer satisfaction. Buy Complete Report on Concrete Sealers Market at Conclusion: The global concrete sealers market continues to expand steadily due to the rising recognition of preventive maintenance benefits along with growing demands for aesthetic improvements and long-lasting concrete surface protection. The market experiences growing use of sealers across residential, and non-residential sectors with most of this growth occurring in repair and maintenance applications where preserving aging structures remains critical. Users favor acrylic-based sealers because they are cost-effective and versatile yet easy to apply and water-based sealers are becoming more popular than solvent-based sealers because they meet environmental standards and regulatory requirements. The concrete sealers market will expand further due to advances in construction methods combined with the growing focus on sustainability and surface durability. The continuous adoption of smart coatings alongside the move toward eco-friendly materials will direct market evolution by creating opportunities for worldwide growth and innovation. The report from The Research Insights, therefore, provides several stakeholders—including raw material suppliers, manufacturers, and end users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 3.1 billion by 2030, the Concrete Sealers Market represents a significant opportunity for raw material suppliers, manufacturers, end-users, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape. Related Report Titles: Adhesives And Sealants Market Size, Share & Trends Analysis Report Building And Construction Sealants Market Size, Share & Trends Analysis Report Construction Chemicals Market Size, Share & Trends Analysis Report Silicone Sealants Market Size, Share & Trends Analysis Report Waterborne Silicone Market Size, Share & Trends Analysis Report About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Website: Logo: View original content: SOURCE The Research Insights
Zawya
23-04-2025
- Business
- Zawya
Mapei Group expands in Egypt with new 30,000 sqm plant in 10th of Ramadan City
Egypt - The Mapei Group, a global leader in chemical products for the construction industry, has expanded its industrial operations in Egypt with the inauguration of a 30,000-square-meter production plant in 10th of Ramadan City, northwest of Cairo. The new facility will manufacture a broad range of Mapei's signature products—ceramic adhesives, mortars, concrete admixtures, and cement grinding aids—to meet rising domestic demand and support major projects across the region. This marks Mapei's second production site in Egypt, following its Vinavil polymer plant in Suez, which has been operational since 2002 and currently employs 150 staff. Veronica Squinzi, CEO of Mapei, said the company views Egypt as 'a highly promising market for the global construction sector,' citing the country's population of over 100 million and steady demographic expansion. 'There is soaring demand for residential and infrastructure projects, spurred by significant public investment in transport, tourism, and mega-developments,' she added. According to Squinzi, Mapei's expanded presence in Egypt will boost its competitiveness, enhance local manufacturing, create employment opportunities, and support the transfer of advanced technologies to the region. Strategically located near key transport corridors—Cairo-Suez and Cairo-Ain Sokhna—the new plant offers logistical advantages for Mapei to distribute its products across Egypt and export to neighboring North African and Middle Eastern markets. It will also serve as a springboard into Sub-Saharan Africa, leveraging existing trade agreements and growing regional integration. Beyond manufacturing, the facility includes a quality control lab and a training center under the Mapei Academy, aimed at upskilling local professionals and supporting sustainable construction practices. Egypt's construction sector is projected to grow by 10%, with Mapei already contributing to landmark projects such as the Cairo Metro Line 4, Alamein Towers, the New Administrative Capital's Government District, and its Central Business District (CBD). Mapei's operations in Egypt currently generate €60m in annual turnover and employ 220 people, underlining the company's ongoing role in shaping the country's infrastructure and supporting its economic growth.
Daily News Egypt
23-04-2025
- Business
- Daily News Egypt
Mapei Group expands in Egypt with new 30,000 sqm plant in 10th of Ramadan City
The Mapei Group, a global leader in chemical products for the construction industry, has expanded its industrial operations in Egypt with the inauguration of a 30,000-square-meter production plant in 10th of Ramadan City, northwest of Cairo. The new facility will manufacture a broad range of Mapei's signature products—ceramic adhesives, mortars, concrete admixtures, and cement grinding aids—to meet rising domestic demand and support major projects across the region. This marks Mapei's second production site in Egypt, following its Vinavil polymer plant in Suez, which has been operational since 2002 and currently employs 150 staff. Veronica Squinzi, CEO of Mapei, said the company views Egypt as 'a highly promising market for the global construction sector,' citing the country's population of over 100 million and steady demographic expansion. 'There is soaring demand for residential and infrastructure projects, spurred by significant public investment in transport, tourism, and mega-developments,' she added. According to Squinzi, Mapei's expanded presence in Egypt will boost its competitiveness, enhance local manufacturing, create employment opportunities, and support the transfer of advanced technologies to the region. Strategically located near key transport corridors—Cairo-Suez and Cairo-Ain Sokhna—the new plant offers logistical advantages for Mapei to distribute its products across Egypt and export to neighboring North African and Middle Eastern markets. It will also serve as a springboard into Sub-Saharan Africa, leveraging existing trade agreements and growing regional integration. Beyond manufacturing, the facility includes a quality control lab and a training center under the Mapei Academy, aimed at upskilling local professionals and supporting sustainable construction practices. Egypt's construction sector is projected to grow by 10%, with Mapei already contributing to landmark projects such as the Cairo Metro Line 4, Alamein Towers, the New Administrative Capital's Government District, and its Central Business District (CBD). Mapei's operations in Egypt currently generate €60m in annual turnover and employ 220 people, underlining the company's ongoing role in shaping the country's infrastructure and supporting its economic growth.
Zawya
22-04-2025
- Business
- Zawya
Mapei opens a new plant in Egypt
Milan, Italy: The Mapei Group, world leader in the production of chemical products for the building industry, strengthens its industrial presence in North Africa, with the opening of a new production plant in Egypt, in the 10th of Ramadan City, north-west of Cairo. This new investment confirms Mapei's long-term vision: to be a key player in the global development of the construction industry, focusing on innovation, quality, durability and local presence. With a total surface area of 30,000 square metres, the new factory will produce Mapei's main products for the local market, from adhesives for installing ceramics to mortars, from concrete admixtures to grinding aids for cement production. It will be the Group's second production plant in Egypt after Vinavil's polymer plant in Suez, which began operating in 2002 and employes around 150 people. "Egypt today represents a very promising market for the global construction industry," says Veronica Squinzi, CEO of Mapei. "With over 100 million inhabitants and a constant demographic growth, the country is experiencing a growing demand for residential construction, supported by strong government investment plans in infrastructure, hospitality and large-scale transport. The presence of two production sites in the area, Mapei and Vinavil, will strengthen the Group's competitiveness, while promoting local production capacities, creating job opportunities and facilitating technology transfer". 'In addition to a local construction market expected to grow by 10 per cent – she adds, - the proactive policies promoted by the Ministry of Investment through the General Authority for Investment and Free Zones (GAFI), focused on industrialisation and infrastructure development, have created a favourable environment for foreign direct investment, generating the need for advanced solutions such as fibre-reinforced concrete flooring or polyurethane solutions for the growing chemical, pharmaceutical and food industries. "The new plant, designed to produce a wide range of products using cutting-edge technology," adds Marco Squinzi, CEO of Mapei, "is located in a strategic position near major logistic hubs. Its proximity to the Cairo-Suez and Cairo-Ain Sokhna corridor will allow Mapei to distribute its products efficiently both within Egypt and in the nearby markets of North Africa and the Middle East. It will also be a gateway to sub-Saharan Africa, thanks to the existing trade agreements and the growing economic integration among African nations' 'Designed to meet the needs of the local construction industry, guaranteeing proximity, faster delivery times and tailor-made technical support - he adds, - the plant also has a quality control laboratory and a space for Mapei Academy training programmes, Mapei's training offer that develops through free events aimed at professionals and companies, contributing to the development of local skills. As a regional hub, designed to be scalable, it will allow Mapei to increase production and storage capacity according to demand and to expand the offer with additional production lines, some of which are already under study' Mapei Egypt, which today has 70 employees, was founded in 2017 in New Cairo as a commercial presidium in the country, where the Group has been present since 2002 through its subsidiary Vinavil. Over the years, Mapei solutions have contributed to some of Egypt's most important infrastructure and urban development projects, such as the Cairo Metro Line 4, the Alamein Towers, the Government District and the Central Business District (CBD) of the New Administrative Capital. Today, the Mapei Group generates a turnover of 60 million Euros in Egypt and employs 220 people, contributing to the development of the local economy and the local construction market. About Mapei in Egypt Mapei Egypt for Construction Chemicals SAE, established on December 7, 2017, is a subsidiary of the Mapei Group. The company has a cutting-edge manufacturing facility in 10th of Ramadan City, equipped with advanced technologies to produce a wide range of high-performance construction solutions, including powder products (tile adhesives, self-levelling compounds, mortars, waterproofing materials) and liquid products (concrete admixtures and grinding aids for cement production). Mapei Egypt complements Vinavil Egypt for Chemicals SAE, the first Mapei Group company established in the country in August 2002. Based in Attaqa, Suez, Vinavil Egypt brings over 20 years of local expertise in producing polymer emulsions and resins for key sectors such as paints, adhesives, textiles, and construction. Together, Mapei Egypt and Vinavil Egypt form a strong industrial and commercial presence, reinforcing Mapei's long-term commitment to Egypt and the wider Middle East and Africa region. About Mapei Founded in 1937 in Milan, Italy, Mapei is one of the world's leading manufacturers of chemical products for the building industry and has contributed to the construction of the most important architectural and infrastructural works worldwide. With 96 subsidiaries distributed in 57 countries and 93 production plants operating in 36 countries, the Group employs over 12,500 people worldwide. In the year 2023, the Mapei Group recorded a consolidated turnover of 4.2 billion Euro. At the basis of the company's success: specialisation, internationalisation, research and development and sustainability. PRESS OFFICE MAPEI press@ Viale Jenner, 4 - 20159 Milan, Italy -
