Market Overview
Market Research Future (MRFR) studied the cement and concrete additive market 2020 across the review period till 2023. The cement and concrete additive market can rise at about 8.16% CAGR across the analysis period. The worldwide global cement and concrete additives market can earn about USD 32,706.5 Mn by 2023. The gradual expansion of the construction industry sector and rise in infrastructure development can promote expansion of the market. In addition, the rise in the count of renovation projects can also promote market rise. The rise in demand for high-performance construction materials and effective construction technological innovations are other factors that are expected to favor the market rise. The introduction of 3D printing technologies for construction and rise in establishment of developing start-ups can promote rise of the worldwide cement and concrete additives market in the near future.
Market Segmentation
The segment analysis of the global cement and concrete additives market is done by application, and type.
The type-based segments of the cement and concrete additives market are mineral, chemical, and fiber additives. The chemical additives segment can earn decent share of the considerable revenue for the worldwide market. The rise in number of cement suppliers can favor the market rise in the analysis period. The chemical additives segment can win about USD 15,127.4 Mn by 2023. The mineral segment can also support market surge in the assessment period.
The application-based segment of the cement and concrete additives market growth are industrial, commercial, and residential among construction. The residential construction segment can contribute significantly to the market rise. The cement and concrete additive market can win about USD 14,589.8 Mn by 2023 for the global market.
Regional Analysis
North America cement and concrete additives market can rise at decent pace as it is expected to secure about 50% share of the worldwide market in the review period. Europe, the Middle East and Africa, Latin America, and Asia Pacific are other regions that are studied for the global market. In Asia Pacific, the cement and concrete additives market expansion can be attributed to increase in need for consumer satisfaction. APAC cement and concrete additives market value can touch about USD 16,385.4 Mn by 2023. The increase in global populace and rise in urbanization across, along with growing demand for residential construction can favor expansion of the cement and concrete market in the review period. In North America, the increase in number of job opportunities can promote expansion of the regional market through the analysis period. Europe cement and concrete additives market rise can be attributed to gradual rise in need for effective constructions. Technical advances and rise in demand for construction materials that offer lasting impact can also support the regional market rise in the years to come.
Competitive Landscape
Oscrete Construction Products (Australia), Borregaard LignoTech (Norway), Cementaid (Australia), BASF SE (Germany), Fosroc Inc. (U.K.), CEMEX S.A.B. de C.V. (Mexico), GCP Applied Technologies Inc. (U.S.), Elkem ASA (Norway), Sika AG (Switzerland), and Yara International ASA (Norway) are some reputed names in the global cement and concrete additives market that are listed by MRFR. The report on the cement and concrete additive market present insights on the market that can provide investors with valuable information to make effective business decisions. The granular structure of the market study and the bottom-up approach are observed for the market. The change in competitive landscape of the global cement and concrete additives market is vividly discussed in report.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
