Cement Grinding Aids Market Report Forecast 2022-2028
The global Cement Grinding Aids market is projected to reach US$ 4926.92 million by 2028 from an estimated US$ 3575.90 million in 2022, at a CAGR of 5.35% during 2023 and 2028. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Table of Contents
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List of Tables & Figures
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Charts
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Research Methodology
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Cement grinding aids are additives that are used to improve the grinding of cement. These additives can improve the grind ability of the cement, as well as improve its ability to produce a more consistent product. The use of Cement grinding aids can also improve the quality of concrete by making it more uniform and less susceptible to cracking.
The major global manufacturers of Cement Grinding Aids include SIKA AG, Fosroc, MAPEI, CHRYSO, Thermax Global, Master Builders Solutions, and Akkim Kimya, etc. In 2021, the world's top three vendors accounted for approximately 37.27 % of the revenue.
The global market for Cement Grinding Aids in Portland Cement is estimated to increase from $ 3348.12 million in 2022 to $ 4619.48 million by 2028, at a CAGR of 5.51% during the forecast period of 2022 through 2028.
Report Scope:
This report aims to provide a comprehensive presentation of the global market for Cement Grinding Aids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cement Grinding Aids.
The Cement Grinding Aids market size, estimations, and forecasts are provided in terms of output/shipments (K Tons) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Cement Grinding Aids market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cement Grinding Aids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
The major global manufacturers of Cement Grinding Aids include SIKA AG, Fosroc, MAPEI, CHRYSO, Thermax Global, Master Builders Solutions, and Akkim Kimya, etc. In 2021, the world's top three vendors accounted for approximately 37.27 % of the revenue.
SIKA AG
MAPEI
Google Cloud Applied Technologies
Fosroc
Thermax Global
Master Builders Solutions
CHRYSO
Akkim Kimya
Guizhou Alcohol Amine Cement Grinding
Fujian Furun Building Technology
PT Penta Chemicals Indonesia
MYK Arment
Kalekim Lyksor
JAS Global
Zhongsen Holding
Unisol
PROQUICESA
Shandong Tuotai Building Materials Technology
Shandong Shuangkai
Segment by Type
Powder (Solid)
Liquid
Segment by Application
Portland Cement
White Cement
Hydraulic Cement
Alumina Cement
Production by Region
North American market for Cement Grinding Aids is estimated to increase from $ 114.79 million in 2022 to reach $ 155.69 million by 2028, at a CAGR of 5.08% during the forecast period of 2023 through 2028.
Asia-Pacific market for Cement Grinding Aids is estimated to increase from $ 2783.84 million in 2022 to reach $ 4135.65 million by 2028, at a CAGR of 6.69% during the forecast period of 2022 through 2028.
North America
Europe
China
Japan
Consumption by Region
North America
US
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
South America
Mexico
Brazil
Rest of South America
Regional Analysis
The global cement grinding aids market is expected to witness significant growth in the coming years owing to the increasing construction activities and demand for cement from various end-use industries. The Asia-Pacific region is anticipated to be the largest market for cement grinding aids over the forecast period due to the increasing infrastructural development projects, such as airports, highways, and power plants, in countries such as China, India, and Japan.
The Middle East & Africa region is also projected to grow at a significant pace over the forecast period due to the increasing investments in construction projects in Saudi Arabia, UAE, Qatar, and South Africa. The North American cement grinding aids market is expected to grow at a moderate pace over the next few years due to the recovery of the construction industry in the US after the recession.
The European region is expected to grow at a sluggish pace over the forecast period as most of the countries in this region are facing economic slowdown.
Market Dynamics
The global cement grinding aids market is majorly driven by the expansion of the construction industry. The increasing infrastructure development projects and residential construction activities have resulted in the increased demand for cement. This, in turn, has led to the increased production of cement, which has, subsequently, propelled the growth of the cement grinding aids market.
Another factor that is driving the growth of the market is the need for energy-efficient grinding solutions. Cement grinding aids help in enhancing the efficiency of cement grinding process by reducing energy consumption. They also improve the strength and workability of concrete by increasing its compressive strength and water retention capacity. This is expected to boost the demand for cement grinding aids during the forecast period.
However, stringent government regulations regarding VOC emissions from construction chemicals are expected to restraint market growth over the forecast period.
Key Questions Answered:
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How big is the global Cement Grinding Aids and Additives market
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What is the demand of the global Cement Grinding Aids and Additives market
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What is the year over year growth of the global Cement Grinding Aids and Additives market
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What is the production and production value of the global Cement Grinding Aids and Additives market
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Who are the key producers in the global Cement Grinding Aids and Additives market
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What are the growth factors driving the market demand
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