
NEW YORK, July 24, 2023 /PRNewswire/ -- The global cement additives market size is estimated to increase by USD 11,836.64 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 7.49% during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report
Cement additives market – Vendor Analysis
Vendor Landscape - The global cement additives market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer cement additives in the market are Ashland Inc., BASF SE, Compagnie de Saint Gobain, Dow Inc., Elkem ASA, European Concrete Additives, Fosroc International Ltd., Global Drilling Fluids and Chemicals Ltd., Halliburton Co., Knauf Digital GmbH, Mapei SpA, MR Bond Polychem, Nan Pao Resins Chemical Co. Ltd., OMNOVA Solutions Inc., Oscrete UK Ltd., Solvay SA, Sterling Auxiliaries Pvt. Ltd., UNISOL Inc., Universal Drilling Fluids, and Sika AG and others.
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Vendor Offerings -
- Ashland Inc. - The company offers cement additives such as Aqualon starch ethers, and Silipon air-entraining agent.
- BASF SE - The company offers cement additives such as Vinapor, and Melflux.
- Compagnie de Saint Gobain - The company offers hydrophobe series of cement additive which is designed to impart water repellency, control setting time, extend board life, and improve workability through its subsidiary GCP Applied Technologies.
- For details on the vendor and their offerings – Request a sample report
Cement additives market - Segmentation Assessment
Segment Overview
This cement additives market report extensively covers market segmentation by type (chemicals, minerals, and fiber), end-user (residential and non-residential), and geography (APAC, Europe, North America, Middle East and Africa, and South America).
- The chemicals segment will be significant for market growth during the forecast period. Chemical additives are the most widely used additives in the global cement additives market to reduce the cost of construction, ensure the consistent quality of concrete, and modify the properties of hardened concrete during transportation, among others. Additionally, acrylic copolymer emulsions are used as water repellents and calcium chloride is used as cement accelerators to extend the curing time of cement and concrete. Hence, such factors boost the segment growth during the forecast period.
Geography Overview
By geography, the global cement additives market is segmented into APAC, Europe, North America, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global cement additives market.
- APAC will contribute 65% to the growth of the global market during the forecast period. China has been dominating the cement industry in the region. Furthermore, it is expected to witness high growth over the forecast period due to the increasing use of advanced water reducers in the country. Moreover, the Chinese Government, under its current 5-year plan, plans to invest around USD 70- USD 75 billion in the development of these smart cities. Hence, such factors drive the regional market during the forecast period.
For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report
Cement additives market – Market Dynamics
Leading Drivers -
- The increasing demand for plasticizers drives the growth of the cement additives market.
- Chemicals, including sulfonated naphthalene formaldehyde, polycarboxylic acids, sulfonated melamine formaldehyde, lignosulfonates, and others, are some of the widely used plasticizers in cement.
- Furthermore, the demand for plasticizers has been increasing in regions such as APAC due to the presence of countries such as China.
- China is one of the largest users of plasticizers in the global market in terms of volume.
- Hence, such factors boost the growth of the cement additives market during the forecast period.
Key Trends -
- The shift toward sustainable practices in the cement industry is an emerging market trend. Alternative fuels are being used successfully in many regions.
- These alternative fuels include waste oil, non-recyclable plastics, pre-treated industrial and municipal wastes, textiles, and paper residues.
- Furthermore, an overall reduction in the quantity of CO emissions reduces the environmental impact of the greenhouse gases released during the combustion of wastes.
- Hence, such trends boost the growth of the cement additives market during the forecast period.
Major challenges -
- The increase in construction costs and lack of skilled workforce challenges the growth of the cement additives market.
- Construction projects across the world require a skilled workforce for jobs such as concreting, plastering, shuttering, laying the foundation, and reinforcement of beams and columns.
- Furthermore, the labor cost accounts for 25%-30% of the total cost of construction, and the shortage of skilled workforce forces construction players to pay a premium price for the workforce.
- Hence, such challenges impede the market growth of cement additives during the forecast period.
What are the key data covered in this cement additives market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the cement additives market between 2023 and 2027
- Precise estimation of the size of the cement additives market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the cement additives market across APAC, Europe, North America, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of cement additives market vendors
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The concrete and cement market size is estimated to grow at a CAGR of 7.1% between 2022 and 2027. The size of the market is forecast to increase by USD 469.01 billion. This report extensively covers market segmentation by product (cement and concrete), end-user (residential and non-residential), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The growing adoption of smart concrete is notably driving the market growth.
Cement additives market scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.49% |
Market growth 2023-2027 |
USD 11,836.64 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
5.67 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 65% |
Key countries |
US, China, India, Indonesia, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Ashland Inc., BASF SE, Compagnie de Saint Gobain, Dow Inc., Elkem ASA, European Concrete Additives, Fosroc International Ltd., Global Drilling Fluids and Chemicals Ltd., Halliburton Co., Knauf Digital GmbH, Mapei SpA, MR Bond Polychem, Nan Pao Resins Chemical Co. Ltd., OMNOVA Solutions Inc., Oscrete UK Ltd., Solvay SA, Sterling Auxiliaries Pvt. Ltd., UNISOL Inc., Universal Drilling Fluids, and Sika AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global cement additives market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global cement additives market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Chemicals - Market size and forecast 2022-2027
- Exhibit 34: Chart on Chemicals - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Chemicals - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Chemicals - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Chemicals - Year-over-year growth 2022-2027 (%)
- 6.4 Minerals - Market size and forecast 2022-2027
- Exhibit 38: Chart on Minerals - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Minerals - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Minerals - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Minerals - Year-over-year growth 2022-2027 (%)
- 6.5 Fiber - Market size and forecast 2022-2027
- Exhibit 42: Chart on Fiber - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Fiber - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Fiber - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Fiber - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Type
- Exhibit 46: Market opportunity by Type ($ million)
- Exhibit 47: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 50: Chart on Comparison by End-user
- Exhibit 51: Data Table on Comparison by End-user
- 7.3 Residential - Market size and forecast 2022-2027
- Exhibit 52: Chart on Residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Residential - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Residential - Year-over-year growth 2022-2027 (%)
- 7.4 Non-residential - Market size and forecast 2022-2027
- Exhibit 56: Chart on Non-residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Non-residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Non-residential - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Non-residential - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ million)
- Exhibit 61: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 India - Market size and forecast 2022-2027
- Exhibit 91: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.10 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.11 Indonesia - Market size and forecast 2022-2027
- Exhibit 99: Chart on Indonesia - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Indonesia - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 Ashland Inc.
- Exhibit 115: Ashland Inc. - Overview
- Exhibit 116: Ashland Inc. - Business segments
- Exhibit 117: Ashland Inc. - Key news
- Exhibit 118: Ashland Inc. - Key offerings
- Exhibit 119: Ashland Inc. - Segment focus
- 12.4 BASF SE
- Exhibit 120: BASF SE - Overview
- Exhibit 121: BASF SE - Business segments
- Exhibit 122: BASF SE - Key news
- Exhibit 123: BASF SE - Key offerings
- Exhibit 124: BASF SE - Segment focus
- 12.5 Compagnie de Saint Gobain
- Exhibit 125: Compagnie de Saint Gobain - Overview
- Exhibit 126: Compagnie de Saint Gobain - Business segments
- Exhibit 127: Compagnie de Saint Gobain - Key news
- Exhibit 128: Compagnie de Saint Gobain - Key offerings
- Exhibit 129: Compagnie de Saint Gobain - Segment focus
- 12.6 Dow Inc.
- Exhibit 130: Dow Inc. - Overview
- Exhibit 131: Dow Inc. - Business segments
- Exhibit 132: Dow Inc. - Key news
- Exhibit 133: Dow Inc. - Key offerings
- Exhibit 134: Dow Inc. - Segment focus
- 12.7 Elkem ASA
- Exhibit 135: Elkem ASA - Overview
- Exhibit 136: Elkem ASA - Business segments
- Exhibit 137: Elkem ASA - Key offerings
- Exhibit 138: Elkem ASA - Segment focus
- 12.8 European Concrete Additives
- Exhibit 139: European Concrete Additives - Overview
- Exhibit 140: European Concrete Additives - Product / Service
- Exhibit 141: European Concrete Additives - Key offerings
- 12.9 Fosroc International Ltd.
- Exhibit 142: Fosroc International Ltd. - Overview
- Exhibit 143: Fosroc International Ltd. - Product / Service
- Exhibit 144: Fosroc International Ltd. - Key offerings
- 12.10 Global Drilling Fluids and Chemicals Ltd.
- Exhibit 145: Global Drilling Fluids and Chemicals Ltd. - Overview
- Exhibit 146: Global Drilling Fluids and Chemicals Ltd. - Product / Service
- Exhibit 147: Global Drilling Fluids and Chemicals Ltd. - Key offerings
- 12.11 Halliburton Co.
- Exhibit 148: Halliburton Co. - Overview
- Exhibit 149: Halliburton Co. - Business segments
- Exhibit 150: Halliburton Co. - Key news
- Exhibit 151: Halliburton Co. - Key offerings
- Exhibit 152: Halliburton Co. - Segment focus
- 12.12 Mapei SpA
- Exhibit 153: Mapei SpA - Overview
- Exhibit 154: Mapei SpA - Product / Service
- Exhibit 155: Mapei SpA - Key offerings
- 12.13 MR Bond Polychem
- Exhibit 156: MR Bond Polychem - Overview
- Exhibit 157: MR Bond Polychem - Product / Service
- Exhibit 158: MR Bond Polychem - Key offerings
- 12.14 Oscrete UK Ltd.
- Exhibit 159: Oscrete UK Ltd. - Overview
- Exhibit 160: Oscrete UK Ltd. - Product / Service
- Exhibit 161: Oscrete UK Ltd. - Key offerings
- 12.15 Sika AG
- Exhibit 162: Sika AG - Overview
- Exhibit 163: Sika AG - Business segments
- Exhibit 164: Sika AG - Key news
- Exhibit 165: Sika AG - Key offerings
- Exhibit 166: Sika AG - Segment focus
- 12.16 Solvay SA
- Exhibit 167: Solvay SA - Overview
- Exhibit 168: Solvay SA - Business segments
- Exhibit 169: Solvay SA - Key news
- Exhibit 170: Solvay SA - Key offerings
- Exhibit 171: Solvay SA - Segment focus
- 12.17 Universal Drilling Fluids
- Exhibit 172: Universal Drilling Fluids - Overview
- Exhibit 173: Universal Drilling Fluids - Product / Service
- Exhibit 174: Universal Drilling Fluids - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 175: Inclusions checklist
- Exhibit 176: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 177: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 178: Research methodology
- Exhibit 179: Validation techniques employed for market sizing
- Exhibit 180: Information sources
- 13.5 List of abbreviations
- Exhibit 181: List of abbreviations
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