The report “Cement and Concrete Additive Market by Additive Type (Chemical, Mineral, Fiber), by Application (Residential, Non-Residential, Others) - Global Forecast to 2025", was valued at USD 21,629.3 million in 2019, growing at a CAGR of 8.03% during the forecast period. Cement and concrete additives have been added to cement and concrete in several cases to enhance their properties. The improved characteristics of cement and concrete additives may include their toughness, integrity after hardening and reaction to water and air. Cement and concrete additives have a basic aim of improving the functionality of cement and concrete, thereby improving the longevity and stability of each building.
The additives are applied to a mixture of water-cement to improve concrete longevity, to control and harden the concrete and to correct the overall concrete behaviour. Powdered or liquid additives may be available. Two additives, chemical and mineral additives, are available. Their use depends on the contractor's wish.
Browse 44 market data Tables and 30 Figures spread through 159 Pages and in-depth TOC on “Cement and Concrete Additive Market by Additive Type (Chemical, Mineral, Fiber), by Application (Residential, Non-Residential, Others) - Global Forecast to 2025"
In the global cement and concrete additive industry, prominent developments on the market include population shifting from rural and urban areas, building activity growth and growing research expenditure on developing improved construction chemicals. Expansion of building projects such as roads, bridges and constructions in urban areas is anticipated to attract demand for cement and concrete additives. In addition, increasing complexity of exterior and interior design can concentrate on research and development of new additives and building chemicals.
It is also expected that the cement and concrete additives market will be driven by increasing demand for smart materials in construction projects and initiatives from many governments to improve the intelligence and protection of their building industries.
The rising demand for high-performance building materials is likely to play an important role in the global market of cement and concrete additives. The industry has rapidly taken advantage of technological advances to boost its efficiency and the demand for building materials has increased. The global market for cement and cement additives over the forecasts would likely be driven by higher demand for high-performance building projects, including in advanced buildings and creative buildings.
Globally speaking, growing investments in infrastructure and the growth of the construction industry are expected to drive this market. In emerging economies such as China, India and Brazil, massive investment in infra-structure projects is expected to provide sufficient opportunities to expand the cement and concrete additive market in the prediction period.
The introduction of stringent regulations by various governments limited the use of toxic chemicals in construction chemicals and the development of the cement additive industry is anticipated to be hindered by strict conformity requirements.
Competitive Landscape and Key Players of the market
Some of the world's leading players in cement and concrete additives are:
Recent investigations and investments in the market for cement and concrete additives have centred on the rising use of 3-D printing in construction. In addition, cement manufacturing companies integrate their activities along the supply chain into additive processing. Birla Corporation, for example, was revealed in October 2018 as a leading cement manufacturer to sell concrete and cement additives in India.
It offers both historic and predicted market dimensions information for many nations, including the United States, Canada, France, Germany, the United Kingdom, Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.
Global Cement and Concrete Additive Market Coverage
Additive Type Insight and Forecast 2015-2025
Application Insight and Forecast 2015-2025
Cement and Concrete Additive Market by Region
Rest of the World (RoW)