The Cement & Cement Additives Market deals with the development, manufacture and distribution of cement products as well as its various additives. Cement additives are mixed with cement or concrete in tiny quantities so as to meet the functional requirements of a civil structure.
The Cement & Cement Additives Market adds additives so as to avail various benefits like superior strength, resistance to chemicals, improvement of cement properties and less usage of watch as well as other chemicals. The cement industry has witnessed that demand for chemical additives overrides the rest.
Scope & Regional Forecast of the Cement & Cement Additives Market
The Cement & Cement Additives Market is very positive about future growth. Cement companies expect various factors like the growing construction industry, advanced construction quality, reduction in average construction times, falling use of water and the savings made in labor expenses as the primary market growth factors. Tightening government regulations when it comes to the operation of a cement plant is expected to be a future challenge as climate change influences all types of manufacturing activities.
The Cement & Cement Additives Market also expects significant demand from the residential segment. Cement suppliers have noticed that consumers are increasingly open to the idea of using superior cement and concrete laced with additives for various construction projects.
The demand for cement products with waterproof and high reduction in water usage capabilities are at an all-time high. This has led the cement industry to post extremely high cement production levels in recent times. Cement suppliers are also working overtime to meet the demand from countries like China and India as they look to overhaul their massive infrastructure.
The Cement & Cement Additives Market is currently by the demand from Asia-Pacific due to the numerous and gigantic construction projects planned in this region. Cement companies are predicting that it will be the fastest growing region till 2021. North America and Europe follow it up when it comes to cement production and utilization levels.
Segmentations & Key Players involved in the Cement & Cement Additives Market
According to IndustryARC finding, the Cement & Cement Additives Market can be broken down into various segmentations on the basis of –
Type: Cement (Portland Cement, White Cement) and Cement Additives (Chemical Additives, Mineral Additives, Fiber Additives).
Application: Portland Cement (Residential Projects, Commercial Projects, Industrial Projects), White Cement (Residential Projects, Commercial Projects, Industrial Projects) and Cement Additives (Water Reducers, Coloring Agents, Retarding Agents, Chemical Resistance, Plasticizers and Others).
Some of the key players involved in the Cement & Cement Additives Market according to IndustryARC are as follows:
- Sika AG
- China National Bluestar Group Company Limited
- Lanxess AG
- Jaypee Cement
- W. R. Grace and Company
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