Cement Additives Market Analysis APAC,Europe,North America,Middle East and Africa,South America - US,China,India,Indonesia,UK - Size and Forecast 2023-2027

Cement Additives Market Forecast 2023-2027

The Cement Additives Market size is forecast to increase by USD 11.84 billion at a CAGR of 7.49% between 2022 and 2027. The market's expansion hinges on several key factors, notably the escalating demand for plasticizers, driven by their versatile applications across various industries. Additionally, the ongoing trend of urbanization fuels the need for construction materials, including plasticizers, to support infrastructural development. Particularly in the Asia-Pacific (APAC) region, the surge in residential projects further propels market growth as plasticizers find extensive use in the construction of buildings and infrastructure. As urban populations continue to grow, the demand for plasticizers is expected to remain robust, supported by the construction, automotive, and manufacturing sectors. This steady demand, coupled with advancements in production technologies, positions the market for sustained growth in the foreseeable future.

What will be the Size of the Market During the Forecast Period?

To learn more about this report, View Report Sample

Market Segmentation 

This market report extensively covers market segmentation by type (chemicals, minerals, and fiber), end-user (residential and non-residential), and geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics and Customer Landscape

The market experiences several drivers, trends, and challenges shaping its trajectory. Key drivers include the demand for additives to enhance cement properties such as friction, water reduction, and strength enhancement. Trends indicate increasing use of mineral and fiber additives for improved performance. However, challenges like fluctuating raw material prices and disruptions due to lockdowns impact market stability. Despite these challenges, the market sees opportunities in the exportation of cement and stone ongoing innovation in additive technologies, positioning it for sustained growth amidst evolving industry dynamics. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing demand for plasticizers is a major factor driving global market share growth. Sulfonated naphthalene formaldehyde, polycarboxylic acids, sulfonated melamine formaldehyde, lignosulfonates, and others are some of the widely used plasticizers in cement. These are added to concrete to reduce the water content to achieve a certain degree of workability. With the increase in paste quality, the concrete mixture acquires higher compressive and flexural strength, increased resistance to weathering, lowers volume change from drying, reduces permeability, improves the bond between concrete and reinforcement and wetting, reduces shrinkage cracking tendencies, and other related properties.

Moreover, the demand for plasticizers has been increasing in regions such as APAC. This is due to the presence of countries such as China, which is one of the largest users of plasticizers in the global market in terms of volume. In regions such as North America and Europe, the demand for plasticizers will be low as compared with APAC. This is attributable to stringent regulations in North America and Europe. In rest of the high demand for cement due to infrastructure growth in the Middle East, Africa, and South America will foster the growth of the global market.

Significant Market Trends

The shift toward sustainable practices in the cement industry is another factor supporting the market share growth. Alternative fuels such as waste oil, non-recyclable plastics, pre-treated industrial and municipal wastes, textiles, and paper residues are being used successfully in many regions. Construction and demolition wastes such as demolition wood, used carpets, and old asphalt shingles are also commonly used as low-carbon alternative fuels. The alternative fuels that are used in cement kiln mitigate CO emissions during the production of cement. The cement kilns additionally make more efficient use of the calorific value of waste material than the individual waste incinerators.

Further, an overall reduction in the quantity of CO emissions reduces the environmental impact of the greenhouse gases released during the combustion of wastes. The use of alternative fuels in the manufacturing of cement is beneficial for two reasons, one for the conservation of non-renewable resources and the other for the reduction of waste disposal requirements. The net decrease in CO emissions achieved by replacing coal with waste in cement kilns is significant. Due to such reasons, the demand for the market will continue to grow during the forecast period.

Major Market Challenge

The increase in construction costs and lack of skilled workforce will be a major challenge for the global market share growth during the forecast period. The construction industry uses materials such as stainless steel, hardened steel, cast iron, cement, concrete, bricks, aggregates, and others. The cost of cement accounts for about 1%-15%, the cost of steel accounts for 8%-10%, and other materials account for 25%-30% of the total cost incurred for construction. The availability of these materials creates a cycle of variable pricing wherein the increase in the prices of one building material increases the total cost of construction, thereby increasing the overall construction costs.

Moreover, construction projects worldwide require a skilled workforce for jobs such as concreting, plastering, shuttering, laying the foundation, and reinforcement of beams and columns. A shortage of skilled workforce affects the construction industry, and the cement industry is directly correlated to the construction industry. The labor cost accounts for 25%-30% of the total cost of construction. The shortage of skilled workforce forces construction players to pay a premium price for the workforce, which has a direct impact on the financials of the already financially constrained construction companies. Essentially, this will hamper the growth of the market.

Customer Landscape

The report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Ashland Inc.: The company offers cement additives such as Aqualon starch ethers and Silipon air-entraining agent.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

• BASF SE
• Compagnie de Saint Gobain
• Dow Inc.
• Elkem ASA
• European Concrete Additives
• Fosroc International Ltd.
• Global Drilling Fluids and Chemicals Ltd.
• Halliburton Co.
• Knauf Digital GmbH
• Mapei SpA
• MR Bond Polychem
• Nan Pao Resins Chemical Co. Ltd.
• OMNOVA Solutions Inc.
• Oscrete UK Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

In the realm of construction, the market plays a crucial role in enhancing the performance and properties of cement-based materials. These additives, including mineral additives like fly ash, silica slag, and rice husk ash, as well as fiber additives and colorants, are instrumental in improving various aspects such as strength, durability, and workability of cement mixes. Moreover, additives like grinding aids aid in the milling process, while performance enhancers and retarding agents offer specific functionalities to meet diverse construction needs. Despite challenges such as friction and water reduction, the market persists, driven by the continuous demand for high-quality cement products. As cement production evolves and demands evolve, the role of additives becomes increasingly significant in meeting performance standards and sustainability goals.

The market share growth by the chemicals segment will be significant during the forecast period. Chemical additives are the most widely used additives in the global cement additives market. These additives reduce the cost of construction, ensure the consistent quality of concrete, and modify properties of hardened concrete during transportation, placing, mixing, curing, and overcoming certain emergencies during concrete operations. 

Get a glance at the market contribution of various segments View the PDF Sample

The chemicals segment was valued at USD 10.66 billion in 2017 and continued to grow until 2021. The growth of the chemical additives segment is driven by the growing demand for water reducers in high-performance self-compacting concrete and the increasing acceptance of superplasticizers. Acrylic copolymer emulsions are used as water repellents, and calcium chloride is used as a cement accelerator to extend the curing time of cement and concrete. The chemical additives market is expected to grow and exhibit moderate growth rates. This growth is due to the increasing number of residential and non-residential construction projects worldwide. In APAC,  the Middle East, and Africa, the growth of the construction market has significantly increased the demand for cement additives, especially waterproofing chemicals, plasticizers, and retarders, during the forecast period.  

Which are the Key Regions for the Market?

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 65% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. India, China, and Japan are notable consumers of cement additives in the region. China has been dominating the cement industry in the APAC and is expected to witness high growth over the forecast period due to the increasing use of advanced water reducers in the country.

In China, the construction industry is expected to grow substantially, owing to the development of smart city projects in the country. These smart cities will include hi-tech business parks, commercial and public amenities, and housing for residents. Under its current 5-year plan, the Chinese Government plans to invest around USD 70- USD 75 billion in the development of these smart cities. With the development of these cities, the demand for cement additives is expected to grow. Furthermore, the government of China is also providing incentives for using industrial waste as a mineral additive for many applications, which is expected to strengthen the market growth in APAC.

Segment Overview

The marketreport forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Type Outlook 
  • Chemicals
  • Minerals
  • Fiber

• End-User Outlook
  • Non-residential
  • Residential

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • South America
    • Chile
    • Argentina
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Analyst Overview

The market plays a pivotal role in enhancing the performance and versatility of cement-based materials. These additives encompass a wide range of substances, including gypsum, silica fume, and bentonite, among others. They are utilized to improve various properties, such as strength, workability, and durability of cement mixes. Strength enhancers and fluid loss agents contribute to the efficiency of construction projects, while lignosulfonate and cellulose derivatives serve as effective extenders and thickeners. Amidst challenges like climate change and fluctuating energy demands, cement additives provide cost-effective solutions for addressing housing shortages and supporting residential construction projects. As the construction industry continues to evolve, the demand for innovative cement additives remains steady, driving advancements in materials science and sustainable construction practices.

Further, from traditional Portland cement to specialized white cement, these additives, including sodium gluconate and lignosulphonate, play crucial roles in modifying properties like strength enhancer and workability. Amid challenges such as housing shortages and lockdown restrictions, they offer innovative solutions, enabling the construction of diverse structures, including hybrid buildings and durable building floor. Additionally, in sectors like oil and gas, additives like hydroxyethyl cellulose find applications in oilfield cement formulations, ensuring the integrity of drilling projects in both onshore segment and offshore segments. As the construction industry evolves, cement additives continue to drive advancements, meeting the demands of modern infrastructure development while addressing global concerns like energy consumption and resource sustainability.

Market Scope
Report Coverage	Details
Page number	169
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 7.49%
Market growth 2023-2027	USD 11.84 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	5.67
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	APAC at 65%
Key countries	US, China, India, Indonesia, and UK
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Ashland Inc., BASF SE, Compagnie de Saint Gobain, Dow Inc., Elkem ASA, European Concrete Additives, Fosroc International Ltd., Global Drilling Fluids and Chemicals Ltd., Halliburton Co., Knauf Digital GmbH, Mapei SpA, MR Bond Polychem, Nan Pao Resins Chemical Co. Ltd., OMNOVA Solutions Inc., Oscrete UK Ltd., Solvay SA, Sterling Auxiliaries Pvt. Ltd., UNISOL Inc., Universal Drilling Fluids, and Sika AG
Market dynamics	Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the market  size and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch