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Cement Additives Market Growth Analysis Report (2023-2028)
Cement Additives Market Size, Share, Trend, Forecast Analysis & Growth Opportunity: 2023-2028
“The global cement additives market is likely to grow at a decent CAGR of 4.5% in the long run to reach US$ 1 Billion by 2028.”
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Cement additives are materials added to cement during its manufacturing process to improve or modify its properties. These additives are carefully selected and formulated to enhance specific characteristics of cement, such as an increase in workability, strength, durability, setting time, and other performance factors.
Cement additives also help reduce water usage, improve the finish and appearance of structures, and provide resistance to chemicals, abrasion, and cracking. Additionally, they can optimize cement production processes, leading to cost savings and increased efficiency.
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Cement Additives Market Report Overview |
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Market Size in 2028 |
USD 1.0 Billion |
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Market Growth (2023-2028) |
CAGR of 4.5% |
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Base Year of Study |
2022 |
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Trend Period |
2017-2021 |
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Forecast Period |
2023-2028 |
With urbanization and industrialization, there is a rising demand for residential, commercial, and infrastructure projects, such as buildings, roads, bridges, and dams. These projects require large quantities of cement, and the demand is expected to grow. Consequently, the rapid growth in construction activities and demand for rich quality cement are the major factors driving the cement additives market.
During the COVID pandemic, several countries implemented lockdowns and restrictions on construction activities to contain the spread of the virus. This led to delays in construction projects, including infrastructure, residential, and commercial buildings. Moreover, the cement industry witnessed a disruption in its entire supply chain. As a result, the demand for cement additives decreased significantly, which ultimately resulted in a decline in the global market.
Post-pandemic, primarily driven by the large demand in the construction industry, the cement additives market recorded substantial growth during 2020-2021 and 2021-2022, marking the industry’s recovery. It is also expected that the market will witness a decent growth pattern in the years to come.
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Segmentations |
List of Sub-Segments |
Dominant and Fastest-Growing Segments |
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Product-Type Analysis |
Grinding Aids, Strength Enhancers, Performance Enhancers, and Others. |
Grinding aid is anticipated to be the biggest demand generator as well as to witness the fastest market growth in the years to come. |
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End-Use-Type Analysis |
Residential Structures, Non-Residential Structures, and Infrastructures |
Residential structure is expected to be the dominant and fastest-growing segment during the forecast period. |
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Application-Type Analysis |
New Construction and Renovation |
New construction is likely to generate the largest market demand as well as witness faster growth in the foreseen years. |
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Regional Analysis |
North America, Europe, Asia-Pacific, and The Rest of the World |
Asia Pacific is expected to be the dominant market and the fastest-growing market in the next five years. |
“Grinding aids dominate the market during the forecast period.”
The cement additives market is segmented into grinding aids, strength enhancers, performance enhancers, and others. Among these sub-segments, grinding aids are expected to be the biggest market category as well as is likely to witness the fastest growth during the forecast period.
These additives facilitate the grinding of clinkers, which is the main component of cement, and enhance the grinding process by reducing energy consumption and increasing the production capacity of cement mills. These additives also provide additional benefits such as increased grinding efficiency, improved cement quality, and enhanced strength development.
“Residential structures dominate the market during the forecast period.”
The market is segmented into residential structures, non-residential structures, and infrastructures. Among these sub-segments, residential structures are expected to remain the dominant as well as the fastest-growing end-use type in the market during the forecast period, as a result of the noticeable growth in population, urbanization, lifestyle, and other social factors in recent years, which are likely to fuel the demand for homeownership and investment opportunities in residential real estate, thereby, driving the usage of cement additives in the housing sector, in the coming years.
“New construction dominates the market during the forecast period.”
The market is segmented into new construction and renovation. Among these sub-segments, new construction is expected to remain the dominant application type in the market in the upcoming years. Cement additives are crucial in new construction projects because they help optimize the performance of concrete, improve its workability, durability, and strength, and allow for customization to meet the complete project requirements.
“Asia-Pacific is expected to remain the largest market for cement additives during the forecast period.”
Some of the key Asian countries contributing to the growth of the cement additives industry include China, India, Japan, South Korea, and Southeast Asian nations such as Vietnam, Indonesia, and Thailand. These countries have been investing heavily in infrastructure projects such as roads, bridges, railways, airports, and residential and commercial buildings, creating a significant demand for cement additives.
Concurrently, key economies such as India and China are incessantly experiencing rapid economic growth, which simultaneously increases regional disposable incomes and construction activities.
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The market for cement additives is densely populated. The market is competitive with the presence of several regional and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc.
The following are the key players in the cement additives market (arranged alphabetically).
Note: The above list does not necessarily include all the top players in the market.
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This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth analysis of the Cement Additives Market |
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How lucrative is the future? |
The market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market Segment Analysis and Forecast |
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Who are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
The market is segmented into the following categories.
By Product Type
By End-Use Type
By Application Type
By Region
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This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s cement additives market realities and future market possibilities for the forecast period. The report segments and analyses the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
There have been some major mergers and acquisitions in the industry in recent years, which have significantly influenced the market dynamics in the cement industry. For example:
In May 2023, Sika AG completed the acquisition of MBCC Group, an affiliate of Lone Star Funds, a global private equity firm, thereby, becoming the undisputed market leader in the chemical admixtures market. To close the transaction and comply with the regulatory requirements, Sika AG sold MBCC Group’s chemical admixtures assets in the UK, the USA, Canada, Europe, Australia, and New Zealand to Cinven, the international private equity firm.
In September 2022, Saint-Gobain acquired all the outstanding shares of GCP Applied Technologies for US$ 32 per share in cash in a transaction valued at approximately US$ 2.3 billion. As a result, the GCP businesses, consisting mainly of concrete admixtures and cement additives, will be combined with the Chryso businesses and become part of the High-Performance Solutions segment. Earlier, in September 2021, Saint-Gobain completed the acquisition of Chryso, a global player in the construction chemicals industry.
Cement additives are materials added to cement during its manufacturing process to improve or modify its properties. These additives are carefully selected and formulated to enhance specific characteristics of cement, such as an increase in workability, strength, durability, setting time, and other performance factors. Cement additives also help reduce water usage, improve the finish and appearance of structures, and provide resistance to chemicals, abrasion, and cracking. Additionally, they can optimize cement production processes, leading to cost savings and increased efficiency.
The cement additives market is estimated to grow at a CAGR of 4.5% in the coming five years, driven by the growing demand for residential, commercial, and infrastructure projects across the globe, such as buildings, roads, bridges, and dams.
Compagnie de Saint-Gobain S.A., MBCC Group, Sika AG, MAPEI S.p.A., The Euclid Chemical Company, PROQUICESA, Fosroc International Ltd., Holderchem, CAC Admixtures, and Sintez OKA Group of Companies are the key players in the market.
Asia-Pacific is estimated to be dominant in the market in the coming years. The large demand for cement additives in Asia is primarily driven by the increasing infrastructure development, urbanization, and industrialization across many countries in the region.
Asia-Pacific is estimated to witness the fastest growth in the cement additives market in the coming years, as a result of the ongoing infrastructure development projects in the region, such as roads, bridges, railways, and housing, along with the crucial role played by governments and private sector investments in the construction sector in various countries.
Grinding aids are estimated to be the dominant product type in the cement additives market in the coming years, as they play a paramount role in optimizing the cement grinding process and effectively contribute to improving the overall efficiency and quality of cement production.
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