Global Cement Additives Market Research and Forecast, 2018-2023

Global cement additives market size, share, market intelligence, company profiles, market trends, growth, insider, strategy, research and analysis report, forecast 2018-2023

Cement additives are special chemicals which are mixed with cement to modify the property of the concrete structure. The cement additives are used to add value to infrastructure material by withstanding adverse climatic conditions, such as dry heat, storm, wind, dust and wet climatic conditions. They are widely adopted during construction of any structures to increase their life and impart additional protection from environmental hazards. Cement additives are mixed with the construction materials in an appropriate ratio in order to fulfill its functional, aesthetic, and design requirement of civil structures. They are considered to be key components in the construction sector and play a significant role in global infrastructure development.

The major factors that are augmenting the growth of the market include consumer preference for improved and high-quality cement, rising demand of improved infrastructure such as smart cities in emerging economies, and surging building and construction industry in the Middle East and Asia-Pacific region. Furthermore, the increasing urban population is expected to contribute significantly to the rising building and construction industry across the globe. As per United Nation, by 2050, 66% of the global population is expected to live in the urban area as compared to 54% in 2014. The total population in 2014 were 7.2 billion which is expected to reach 9.7 billion in 2050. Hence, more than 6.2 billion people will live in urban cities by 2050. The migration will be more in Asia-Pacific & the Middle East region due to increasing development in their countries and migration rate of the people.

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Additionally, in the Asia-Pacific region the percentage of the people residing in an urban area is quite lower as compared to Europe and North America. Hence more demand for better infrastructure can be expected in the future. However, there are certain factors that are likely to hamper the market growth which includes dynamic raw material price and stringent government regulations imposed on the use of harmful chemicals in cement. Besides this, increasing infrastructural demand is driven by surging population in major cities across the globe, and technological advancements and innovation in construction chemicals are expected to provide a lucrative opportunity to the market in the forecast period.

Cement additives market is segmented on the basis of type, application, and end-user. By type, the market has been segmented into mineral admixture, chemical additives, and fiber additives. By application, the market has been segmented into waterproofing, plasticizer, retarding agent, a coloring agent, and others. Waterproofing is expected to have a significant market growth due to continuous use of the additive in infrastructure repairing during the forecast period. By end-user, the market has been segmented into residential, commercial & industrial, and government.

Furthermore, the global cement additives market is segmented on the basis of the geography including North America, Asia-Pacific, Europe and Rest of the World. Asia-Pacific dominates the global cement additives market in terms of revenue owing to growing infrastructural development in emerging economies of the region. Main countries contributing to the market are India, China, Japan, South Korea, and Indonesia among others. Other significant markets for cement additives in emerging economies includes the Middle East and Brazil. The developed economies such as the US, Japan, and Germany also seems to have great demand for cement additives as the demand of the complex infrastructure and modification is significant in these economies.

The report covers

• Comprehensive research methodology of global cement additives market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key                             recommendations.
• Analysis of regional regulations and other government policies impacting the global cement additives       market.
• Insights about market determinants which are stimulating the global cement additives market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

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