- Cement additives enhance the design and functions of civil structures. Consumers are increasingly demanding quality cement. Cement additives not only increase the strength of cement but also enhance the latter’s resistance to chemicals. They also make it water-proof. According to a study by Grand View Research, Inc., the cement additives market will have a size of USD 16 billion in 2015.
For Market Research Report on “Cement Additives Market” Visit -http://www.grandviewresearch.com/industry-analysis/cement-additive-market
It is expected to surpass USD 24 billion by 2017. This growth will result from a robust construction sector in the emerging economies of China, Brazil, India, Egypt, and Vietnam. On the other hand, developed regions like Japan, U.S., and Western Europe would exhibit slow market growths. The global cement additives market will expand on account of demand for water reducers and plasticizers in self-consolidation concrete and high performance applications.
Major restraint for the market is well-established infrastructure in developed regions like Europe and North America. Prices and poor awareness regarding additives in the unorganized construction sector will also hamper the market. Unfavorable regulatory policies might discourage the use of cement additives. The cement additives market is segmented into products, applications, and regions. Products include chemical, fiber, and mineral.
Chemical additives are sub-divided into retarding agents, normal plasticizers, super plasticizers, waterproofing admixtures, and other coloring agents. Fiber is split into synthetic and steel. Mineral additives are necessary for the optimum utilization of industrial waste like fly ash and blast furnace slag. The application segments include commercial, industrial, residential, and others. Residential will grow the fastest in the next seven years.
Asia Pacific has dominated the cement additives market in recent years. It was followed by North America and Europe. China and India will be the leading contributors to Asian Pacific demand. The Chinese demand for cement additives in commercial establishments, industrial construction, and railway and road networks is augmenting.
The government of China is offering incentives for making use of industrial waste. The Middle East & Africa will generate considerable market demands. This would be in view of boosting construction projects in these regions. The prominent operators in the cement additives market are BASF SE, DOW Chemical Company, Heidelberg Cement, and China National Bluestar Group Company Ltd.
Information Source: Grand View Research
To request a sample copy of this report, please complete the form below.
To purchase a copy of this report, please contact at
28 2nd Street, Suite 3036
San Francisco, CA 94105
Toll Free: 1-888-202-9519