The global cement additives market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. The increasing building and construction activities in emerging economies are one of the prime factors affecting and driving the market. One of the reasons behind it is the increasing rate of urbanization across the developing economy. Moreover, due to urbanization the consumption of the cement is also increased which is ultimately driving the market.
The key players operating in the global cement additives market had been adopting strategy such as new launches to gain major market share in the market. For instance, in January 2020, BASF SE had introduced Master builder’s solution which is a concrete admixture that will offer cleaner and release agents that will ensure void-free surfaces along with reducing the costs around 30% related with cleaning. Additionally, it will also plasticizer optimize the rheology properties that will enable high performance concrete. The Master builder’s solution will also decrease stickiness of the concrete by minimizing equipment wear and lowering energy consumption around 20.0%.
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- BASF SE, Dow, LG Chem, Pidilite Industries Ltd., and UltraTech Cement Ltd.
Cement Additives Market – Segmentation
By Type
- Mineral Admixtures
- Fiber Additives
- Chemical Additives
By Application
- Water Proofing
- Plasticizer
- Retarding Agent
- Other
By End-User
- Residential
- Commercial
- Other
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Cement Additives Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- 3M
- Ashland
- BASF SE
- Dow
- Fosroc, Inc.
- HeidelbergCement AG
- Kao Corp.
- LANXESS
- LG Chem
- MAPEI S.p.A
- Mitsubishi Chemical Corp.
- Pidilite Industries Ltd.
- RPM International Inc.
- Sika AG
- Thermax Ltd.
- Trinseo
- UltraTech Cement Ltd.
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