Global Cement Additives Market Size By Type (Mineral Additives, Chemical Additives, Fiber Additives), By Product (Coloring agent, Chemical resistance, Water reducers, Retarding agents, Plasticizers, Expansion additives, Anti-foam agents and Others), By End Users (Residential Construction, Industrial Construction, Commercial Construction), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2020-2027

Market Overview

Global Cement Additives market is expected to reach over $35 Billion with around 19% CAGR during the period 2020-27.  

Cement additives refer to materials added to the cement mixture to enhance the quality of the cement. The additives help to achieve desirable features in cement. For example, it enhances the durability, strength.

Cement additives are highly used in construction activities to protect the infrastructure from environmental hazards. The additives are supplied in ready-to-use form and are applied to concrete at the job or plant site. Some additives are used extremely in a small amount such as pigments, expansive agents and pumping aids.

The additives add value to the infrastructure by withstanding all weather conditions such as rain, heatwaves, dust, storm, etc., It reduces the construction time, cost of labor and water usage thereby enhances the quality of the infrastructure. 

Rising urbanization has propelled the growth of infrastructures in various metro cities. The demand for smart infrastructure and increasing demand for high-quality cement are the key drivers of the global cement additives market. Innovation in construction chemicals is likely to induce the cement additives market globally.

Stringent government rules on the usage of chemicals, the fluctuating price of raw materials are hindering the growth of the cement additives market globally.       

Market Segmentation

Global Cement Additives Market can be segmented into Type, Product, End Users, and Region.

By Type, Global Cement Additives Market can be categorized into Mineral Additives, Chemical Additives, Fiber Additives. Chemical and Mineral additives are leading the market with its largest market share. Mineral additives are increasingly sought due to cost-effective industrial wastes which are used as additives. Various Governments supporting the use of mineral additives are also influencing the market to grow. The demand for Chemical additives is due to the consumer preference for high-value superplasticizers. Fiber additives are expected to grow fastest during the forecasted period of 2020-27.

By Product, Global Cement Additives Market can be segmented into Coloring agent, Chemical resistance, Water reducers, Retarding agents, Plasticizers, Expansion additives, Anti-foam agents and Others. Water reducers, Plasticizers, and expansion additives are expected to grow significantly during the forecasted the year 2020-27 due to consumers demand for high quality material for construction. 

By End Users, Global Cement Additives Market can categorize into Residential Construction, Industrial Construction, Commercial Construction. The residential and commercial segments are expected to grow significantly during the forecasted period of 2020-27 due to the increasing application of cement additives in flooring, roofing and exterior walls of commercial and residential projects.

By Region, Global Cement Additives Market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Regional Analysis

Regionally, the Asia-Pacific cement additives market is dominating the world with its largest market share and it is expected to remain in dominance during the forecasted period of 2020-27. It is due to the rapid infrastructure developments and construction activities in this region. Rising urbanization in China and India has accelerated the development projects and thereby creating demand for Cement additives in construction. Moreover, China and India are encouraging to use industrial waste as mineral additives by providing incentives.

North American Cement additives market is expected to grow significantly during the forecasted period of 2020-27. 

Competitor Analysis

The major competitors in the global cement additives market are BASF SE, The Dow Chemical Company, AkzoNobel NV, Heidelberg Cementet, USG Corporation, W. R. Grace and Company, Sika AG, Lanxess AG, Kao Corporation and China National Bluestar Group Company Limited.