Global Cement Additives Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
The Cement Additives Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The Cement Additives Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global cement additives market report has been segmented on the basis of type, application, and region.
Cement Additives Market Report:
The Cement Additives Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
Cement additives are ingredients used in concrete other than water, cement, and aggregate, which are added to the mixture immediately during blending. Manufacturers use additives primarily to reduce the cost of concrete construction, and modify the properties of hard concrete, to ensure superior concrete quality while mixing, placing, transporting, and curing.
Options for cementing additives include retarders, dispersants, accelerators, fluid loss agents, gas migration additives, suspension aids, latexes, and weighting agents. Most additives are supplied in ready-to-use form and are added to the concrete at the plant or job site.
Certain additives, such as expansive agents, pigments, and pumping aids are used only in extremely small amounts and are usually batched by support from premeasured containers.
Increasing construction activities on account of the rapid shifting of urbanization have majorly contributed to the growth of the global cement additives market.
Increasing adoption of cement additives in commercial as well as residential sectors is likely to increase demand over the forecast period. With superior manufacturing techniques owing to technological progress, the market is expected to grow at a steady pace.
Increasing applications of cement additives in roofing, windows, flooring, exterior walls, and doors of residential and commercial projects are expected to fuel the growth of the global market.
Increasing awareness regarding interior temperature control features in various materials, and innovative designs used for exterior surfaces and other compounds are factors estimated to drive the growth of the target market.
However, fluctuating raw material prices are a major factor expected to hamper the growth of the global cement additives market.
Asia Pacific cement additives market is projected to account for a major share in terms of revenue in 2017 and is expected to continue its dominance during the forecast period, owing to increasing construction activities in emerging economies such as China and India leading to increasing cement additives consumption.
This in turn is projected to contribute positively toward the global market growth. Asia Pacific's global cement additives market is estimated to witness the fastest growth in terms of revenue over the forecast period.
Global Cement Additives Market Segmentation:
Segmentation by type:
- Fiber additive
- Chemical additive
- Mineral additive
Segmentation by application:
- Residential construction
- Commercial construction
- Industrial construction
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- USG Corporation
- R. Grace & Co.
- AkzoNobel NV
- The DOW Chemical Company
- Sika AG
- BASF SE
- 3M Company
- Heidelberg Cement
- Kao Corporation
- China National Bluestar Group Company Limited
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