Cement Additives Market
Cement additives Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031
Cement additives Market Segmented By Mineral additives, Chemical additives and Fiber additives having Functions such as Water reducers, Coloring agents, Retarding agents, Chemical resistance and Plasticizers
Cement additives Market: Introduction
Cement additives are materials that are used to improve the performance of the cement and also helps in the optimization of the properties of the cement. The major benefit of using cement additives are improved chemical resistance, waterproofing, colour and strength of the cement.
Cement additives also helps in the decreased use of other chemicals with water. These additives are used in small amounts in liquid or powder form to meet the aesthetic and functional aspects of commercial, industrial as well as residential buildings or structures.
There are different types of cement additives like chemical additives, mineral and fiber additives. Chemical additives include retarding agents, normal & super plasticizers and waterproofing admixtures. Whereas, the fiber additives include steel and synthetic fibers while the mineral additives include fly ash, silica slag and husk ash.
The additives are also classified based on their functions as retarders, dispersants, extenders, accelerators and fluid loss additives.
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Cement additives Market: Dynamics
Increasing demand from construction industry to bolster the global cement additives market in upcoming future. Rising construction activities and setting up of new infrastructure in developing and least developed countries is estimated to spur the demand for cement additives during the assessment period.
The varied properties of the cement additives that aids to save labour time, water proofing features and reduction in the use of water and enhanced quality of cement is further expected to increase the adoption rate and thereby benefit the cement additives market.
Rapid shift to urbanization and the growing population is creating a need for housing and other infrastructural developments which in turn is anticipated to push the market of cement additives in foreseeable future. Moreover, increasing consumer preference for high quality cement to further boost the market growth in upcoming years.
Also, the growth of cement additives is attributed to increasing use of water reducers and plasticizers demand in great performance and SCC areas and increasing applications of the additives in the roofing, exterior walls, doors and windows of residential buildings.
Rise in demand for high performance construction projects including advanced buildings structures and innovative construction is estimated to further aid in boosting the demand of cement additives.
Continuous increase in the price of raw materials and cement additives is anticipated to hamper the market in upcoming future. Moreover, increasing regulations regarding use of toxic chemicals is further anticipated to restrict the growth of cement additives during the course of assessment period.
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Cement additives Market: COVID-19 Impact Assessment
Many major governments have taken actions to control ongoing Covid-19 pandemic including social distancing, lockdowns and slowdown of the construction industry with no labour in hand impacted cement additives market adversely.
Furthermore, delay or cancellation of ongoing projects and decline in investments during the pandemic period have had negative impact on the construction industry and thereby, cement additives market during the pandemic period.
With government initiation to recover the economy the construction projects that were on halt have been resumed and is anticipated to boost the cement additives market in the foreseeable future.
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Cement additives Market: Segmentation
The global diverse market of Cement additives can be segmented based on type, function and application.
Based on type, the global Cement additives market can be segmented into:-
- Mineral additives
- Chemical additives
- Fiber additives
Based on function, the global Cement additives market can be segmented into:-
- Water reducers
- Coloring agents
- Retarding agents
- Chemical resistance
Based on application, the global Cement additives market can be segmented into:-
- Residential construction
- Industrial construction
- Commercial construction
- Other construction
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Which trend/segment to impact more?
The growth of the construction industry is expected to significantly influence the demand for cement additives. Increasing growth is commercial sector is prominently driving the demand for cement additives.
Growing demand;for the use of smart materials in the construction of high end projects and efforts of various governments of developing economies to build enhancedinfrastructure is anticipated to createsignificant demandof the cement additives in the upcoming future.
Cement additives Market: Regional Outlook
Asia-Pacific is expected to be the prominent consumer of cement additives and is expected to maintain its dominance in upcoming future on the back of increasing urbanization and the growing infrastructural development in the developing economies of China and India. China being the largest construction hub is expected to be the prominent consumer of cement additives.
Furthermore, the incentives provided by the China’s government for the use of industrial waste as mineral additive in construction sites would further aid to boost the demand for cement additives in the country.
Growing requirements for the construction of dams, schools, metros, rail lines and roads in developing and least developed countries from Asia-Pacific and Africa is further estimated to increase the demand of the cement additive. Increasing development of innovative structures Middle East is the prominent driver for consumption of cement additives in the region.
In developed regions such as North America and Europe, increased demand of cement for the purpose of renovation and maintenance of infrastructure is boosting the demand of the cement additives. Latin America is anticipated to hold comparatively less share of the cement additives market and is anticipated to grow at relatively lower rate than other regions.
Demand for cement additives is prominently driven by the construction industry including residential construction, commercial construction and industrial construction. Asia Pacific is expected to be the prominent market for cement additives followed by Europe and North America.
Developing countries such as China and India are expected to grow at higher rate as compared to mature economies from North America and Europe because of the ever growing population and increased demand of construction projects. Covid-19 pandemic has impacted the cement additives market adversely; however, is expected to grow with significant rate in the upcoming future.
Cement additives Market: Key Participants
List of some of the prominent players in the global market of Cement additives identified across the value-chain includes-
- Yara International ASA (Norway)
- Sika AG (Switzerland)
- BASF SE (Germany)
- DOW Chemical Company
- China National Bluestar Group Company Limited
- Heidelberg Cement
- Akzo Nobel
- Kao Corporation
- W. R. Grace and Company
- USG Corporation
- GCP Applied Technologies Inc.
- CEMEX S.A.B. de C.V.
- Elkem ASA
- Fosroc Inc.
- Borregaard LignoTech
- Oscrete Construction Products
The market research report on the Cement additives presents a comprehensive evaluation containing thoughtful insights, facts, and figures, historical data, future growth trends, statistically supported and industry-validated market information.
The Cement additives market report also consists of projections using appropriate sets of assumptions and methodologies. The report further provides in-depth analysis and information according to market segments like geography, phase, concentration, and applications.
The report covers exhaustive analysis on:
- Cement additives Market Segments
- Cement additives Market Dynamics
- Cement additives Market Size
- The market Adoption rate of Cement additives
- Current Trends/Issues/Challenges in the Cement additives Market
- Competition & Companies Involved in Cement additives
- New Technology for Cement additives
- Value Chain of the Cement additives Market
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Russia, Turkey)
- South Asia (India and ASEAN countries)
- East Asia (China, Japan, South Korea)
- Oceania (Australia and New Zealand)
- The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The global Cement additives market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Cement additives market segments and geographies.
- Detailed overview of Cement additives market
- Changing market dynamics in the Cement additives industry
- In-depth Cement additives market segmentation
- Historical, current, and projected Cement additives market size in terms of value and volume
- Recent industry trends and developments in the global Cement additives market
- The competitive landscape in the market of Cement additives
- Strategies of key players and products offered in the global Cement additives market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Cement additives market performance
- Must-have information for market players in Cement additives market to sustain and enhance their market footprint
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