Global Cement & Concrete Additive Market Information by product types (fiber, mineral and chemicals) and by application (residential and non-residential) - Forecast to 2021

Pune, India -- (SBWire) -- 01/16/2018 --Market Research Future published a Half Cooked Research Report on "Global Cement Concrete Additives Market Research Report - Forecast to 2023"– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Lafarge (France), Cement Australia Holdings Pty Ltd (Australia), Concrete Additives & Chemicals Pvt. Ltd. (India), BASF SE (Germany), Engro Corporation Limited (Pakistan), Sika AG (Switzerland), LANXESS (Germany), Huntsman International LLC (U.S.), Chevron Phillips Chemical Company (U.S.), and Kao Corporation (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Cement Concrete Additives Market.

Cement Concrete Additives Market - Overview

The Global Cement Concrete Additives Market is growing with the impelling rate; mainly due to the growing construction industry. According to a recent study report published by the Market Research Future, The global market of Cement Concrete Additives is increasing and expected to capture significance over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

Globally, the market for Cement Concrete Additives is driven by the region Asia pacific, owing to the rise in the population resulting in to increasing demand for construction activities lodge the expanding population. Cement Concrete Additives are extensively used in the cement manufacturing to improve the cement adhering performance, waterproofing capacity, chemical resistance. Cement Concrete Additives enhances the performance depending on the purpose of the cementing. The additives such as accelerators, retarders, high & low density, and friction reducers.

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The Global Construction Market is anticipated to increase at a higher CAGR than world GDP growth over the forecast period as China, India, and Japan continue to industrialise and the recovery of US from the abrupt fall during the global financial crisis. This in turn expected to fuel cement and concrete additives market in the forecast period.

Cement Concrete Additives are high value added and low production volume chemicals and can also be termed as performance chemicals. It is high added value products used as catalysts, intermediates, components, protectants it is utilized in a wide variety of applications. Cement Concrete Additives are used in paints, detergents, foods, plastics, cosmetics, construction, pulp and paper, pharmaceuticals, electronics, agriculture and for producing petroleum products.

Chemical additives are the most widely used cement additives in the world. Asia Pacific region is the monopoly in the cement and concrete additives owing to the abundant raw materials availability and followed by North America and Europe. China and India are the leading market players in this region owing to the necessity to lodge rising populace and coupled with various government led construction projects to urbanize the cities and towns.

Cement Concrete Additives Market - Competitive Analysis

The Cement Concrete Additives Market appears to be competitive with the presence of several large and small players operating in the Cement Concrete Additives Market. These Key players compete based upon pricing, quality, Technology and reputation. Cement Concrete Additives market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Cement Concrete Additives Market strive to respond to the growing demand for Cement Concrete Additives from the Paper industry attributed to the recent pulp mill expansions and the announced Greenfield projects worldwide. They ensure to deliver the best quality products based on innovative technologies, and best practices.

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Industry/ Innovation/ Related News:

October 2017 – BASF SE (Germany), one of the key manufacturers of Cement Concrete Additives also having presence in Russia, announced opening of its new production line for construction chemicals in St. Petersburg, Russia. On this new project, additives based on polycarboxylate esters and polyaryl ether are new innovative products from BASF recently. Opening of this new production, North West Region, the Ural and the Volga regions of Russia are able to benefit and reduce the transportation costs. Thus, several construction projects are anticipated to open up in the coming years. Russia ranked only 136th for the quality of its roads and 104th for its air transport infrastructure. Furthermore, cement additives market is anticipated to witness tremendous growth on account of where Russia is a country with huge oil & gas reserves and the government has prioritized on building transport infrastructure to connect different region urge to develop oil & gas market.

May 2017 – Global cement and concrete additives manufacturer, Huntsman Corporation a U.S. based company has merged with Clariant, Switzerland based company is the leading chemicals producer worldwide. Huntsman Corporation already has more than 100 manufacturing facilities worldwide has finally stepped into Switzerland with USD 13 bn deal. Clariant and Huntsman are joining forces to gain much broader global reach, create more sustained innovation power and achieve new growth opportunities.