Cement and Concrete Additives Market Research Report - Forecast to 2027

Cement and Concrete Additives Market Global Research Report: by Type (Chemical Additives, Mineral Additives, Fiber Additives), Application (Residential Construction, Commercial Construction, Industrial, Others) - Forecast till 2027

ID: MRFR/CnM/1015-CR | February 2021 | Region: Global | 196 pages

Cement and Concrete Additive Market-Overview:


The Cement and Concrete Additives Market was valued at USD 20,549.9 million in 2019. Exhibiting a solid 8.16% CAGR, the market is expected to rise to a valuation of USD 32,706.5 million by the end of the forecast period (2019-2027), as per the findings of Market Research Future (MRFR).
To enhance the performance properties (like strength, durability, color, erosion properties, and others) substances of cement and concrete often called additives are added to the existing composition of cement and concrete materials. Furthermore, these additives add to the properties of cement and concrete like high tensile strength, toughness, hardening time, toughness, reaction to air and water, integrity upon hardening, and others. To improve the stability and longevity of each constructed building is the fundamental functionality of adding these cement and concrete additives to the cement and concrete mixture.


To enhance concrete longevity, to harden the concrete, to control the concrete mixture properties, to correct the mixture ingredients as per expected behavior and requirements, these cement and concrete additives are added to the water-based cement mixture. Other forms of additives available in the market are powder, liquid, chemicals, fiber, and minerals.


The cement and concrete additives market is growing majorly because of the increase in industrialization and a boom in the construction industry. With new construction projects and innovative technologies advancing in today's world, there is an increase in the supply and demand of the smart materials used in these construction projects. With future-proof and smart developments seen in the construction industry the cement and concrete market is on the rise. 


COVID-19 Analysis:


The COVID-19 pandemic has accounted for a global shift in the dynamics of the world economically, socially, vertically, and politically. With the threat to human life, the governments around the world had to impose lockdowns state-wise and country-wise to contain the spread of the virus. With the threat unknown and lives at hand, industries were shut down, work from home culture prevailed in all corporates, and people learned to survive on basics. Since most of the raw materials that were exported and imported from China took off from the front seat, the Cement and Concrete Additives Market saw a downfall during the pandemic. Construction on hold because of limited manpower also led to the downfall of the industry. Although many industries are expected to return to their daily chores and operations seeing to the precautionary measures being in action to fight the COVID-19 situation and maintain a work balance.


Competitive Landscape:


The Competitive Landscape of the global cement and concrete additives market is studied and compiled by industrial experts taking a note of quantitative and qualitative analysis of profiles of top players, strategic alliances, comprehensive study, joint ventures, and developments in the field.


The Intended Audience of the global cement and concrete market are Construction Chemical Manufacturers, Traders, Distributors, Cement and Concrete Additives Producers, Construction Chemicals Manufacturers Associations, and World Cement Association.


The prominent market players of the global cement and concrete market are Concrete Additives & Chemicals Pvt. Ltd., Yara International ASA (Norway), Lafarge Cement Australia Holdings Pty Ltd., GCP Applied Technologies Inc. (U.S.), Birla Corporation, Elkem ASA (Norway), Sika AG, CEMEX S.A.B. de C.V. (Mexico), Huntsman International LLC, Borregaard LignoTech (Norway), Kao Corporation, BASF SE, Fosroc Inc. (U.K.), Engro Corporation Limited, LANXESS, Cemented (Australia), Chevron Phillips Chemical Company, Oscrete Construction Products (Australia), and others.


Market Dynamics:


Drivers:



  • Expansion in the size and gradient of the global construction industry.

  • Increasing supply and demand of high-performance and intense construction materials according to consumer's preferences.

  • Increase in new housing startups in rural areas.

  • High rate of investments in nonresidential facilities.

  • Repairing and construction of bridges and roads in rural areas.

  • Increasing use of advanced technologies to derive high additive loadings from raw data which are progressively stronger and more durable.

  • Requirement of product strength and other features like enhanced chemical resistance, waterproofing, high water reduction, and modified color.

  • Massive investment projects in many emerging economies of countries like China and India.

  • Rising manufacturer's interest in exploring the new additives.


Challenges:



  • Stagnant growth in the construction industry in Northern and Western Europe. 

  • Limitation of the use of toxic chemicals because of rising government concerns about chemicals used in construction materials.

  • Strict conformity requirements while preparing the cement mixture.


Technology Analysis:


To enhance the performance properties (like strength, durability, color, erosion properties, and others) substances of cement and concrete often called additives are added to the existing composition of cement and concrete materials. Furthermore, these additives add to the properties of cement and concrete like high tensile strength, toughness, hardening time, toughness, reaction to air and water, integrity upon hardening, and others. To improve the stability and longevity of each constructed building is the fundamental functionality of adding these cement and concrete additives to the cement and concrete mixture.


The cement and concrete additives market is growing majorly because of the increase in industrialization and a boom in the construction industry. With new construction projects and innovative technologies advancing in today's world, there is an increase in the supply and demand of the smart materials used in these construction projects. With future-proof and smart developments seen in the construction industry the cement and concrete additives market is on the rise. With a greater extent of population shifts from rural to urban areas, there has been a growth in the construction industry giving rise to the global cement and concrete additive industry. Other construction projects like repairing and construction of bridges and roads in rural areas are also driving the additive market. Increasing use of advanced technologies to derive high additive loadings from raw data which are progressively stronger and more durable. However rising government's concerns about chemicals used in construction materials and strict conformity requirements while preparing the cement mixture might hamper the market growth.




Segment Overview:


By Additive Type:



  • The global Cement and Concrete Additives Market is segmented based on additive type as chemical, fiber, ad mineral.


By Chemical Additives:



  • The global Cement and Concrete Additives Market is segmented based on chemical additives as coloring agents, retarders, admixtures, plasticizers, and others.


By Mineral Additives:



  • The global Cement and Concrete Additives Market is segmented based on mineral additives as slags, fly ash, limestone, and others.


By Fiber Additives:



  • The global Cement and Concrete Additives Market is segmented based on fiber additives as polypropylene, ceramic, glass, steel, and others.


By Application:



  • The global Cement and Concrete Additives Market is segmented based on application as commercial construction, residential construction, industrial, and others.


Regional Analysis:


The global Cement and Concrete Additives Market is segmented based on region as North America (the US and Canada), Latin America (Mexico, Argentina, Brazil), Europe (Germany, Spain, France, Poland, Croatia, Romania, Hungary, The Netherlands, U.K., Italy, Russia, Belgium, Slovakia, Slovenia, Luxembourg, and the Rest of Europe), Asia-Pacific (China, India, Indonesia, Japan, Thailand, Australia, Malaysia, South Korea, New Zealand, and Rest of Asia Pacific), The Middle East (Turkey, Israel, Egypt, Saudi Arabia, UAE), and Africa.


The Asia Pacific is expected to dominate the Cement and Concrete Additives Market. Massive investment projects in many emerging economies of countries like China and India have made it the global dominant.


North America and the European region follow the market trend and maintain their construction industry. Stagnant growth in the construction industry in Northern and Western Europe is likely to hinder the growth in that region.


 


Recent Developments:



  • In October 2018, a 55-kilometer-long bridge was constructed using modern engineering and technology by the name of the Hong Kong-Zhuhai-Macau bridge with an estimated budget of 20 trillion US dollars.

  • In 2018, Birla Corporation was named the leading manufacturer of cement and concrete additive selling corporations in India.


Study Objectives:


The study objectives of the Cement and Concrete Additives Market report are:



  • To represent a comprehensive outlook about the latest market trends.

  • The influencing factors of market shares, value, and volume.

  • Changing market dynamics as per industrial demands.

  • Top-down and bottom-up approach followed by various market players.

  • Competitive landscape and key market players.

  • Recent developments in the field of study.


Report Overview:


The report overview of the Cement and Concrete Additives Market report are:



  • To represent a comprehensive outlook about the latest market trends.

  • Impact of the global pandemic on the market.

  • Granular structure of the material types.

  • Market segmentation based on the type of additives used.

  • Top-down and bottom-up approach followed by various market players.

  • Competitive landscape and key market players influencing the market region-wise.

  • Recent developments in the field of study.

  • The influencing factors of market shares, value, and volume.

  • Changing market dynamics as per industrial demands.

  • Expected revenue and CAGR during the forecast period.

  • Regional and technology analysis influencing the market trends.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 32,706.5 Million
  CAGR   8.16% (2019-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Additive Type, Application, Chemical Additives, Mineral Additives, Fiber Additives
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Concrete Additives & Chemicals Pvt. Ltd., Yara International ASA (Norway), Lafarge Cement Australia Holdings Pty Ltd., GCP Applied Technologies Inc. (U.S.), Birla Corporation, Elkem ASA (Norway), Sika AG, CEMEX S.A.B. de C.V. (Mexico), Huntsman International LLC, Borregaard LignoTech (Norway), Kao Corporation, BASF SE, Fosroc Inc. (U.K.), Engro Corporation Limited, LANXESS, Cemented (Australia), Chevron Phillips Chemical Company, Oscrete Construction Products (Australia)
  Key Market Opportunities   
  Key Market Drivers   


Frequently Asked Questions (FAQ) :


The global Cement and Concrete Additives Market is expected to register a CAGR of 8.16% by the year 2023.

The global Cement and Concrete Additives Market is segmented based on chemical additives as coloring agents, retarders, admixtures, plasticizers, and others.

Asia-Pacific is the market-dominant of the global Cement and Concrete Additives market.

Cement and Concrete Additives Market - Summary


Overview:


Cement and concrete additives are substances added to cement and concrete to improve their characteristics. The properties improved by the use of cement and concrete additives may include their hardening time, integrity upon hardening, and their reaction to water and air. The fundamental purpose of cement and concrete additives is to improve the functional characteristics of the cement and concrete and thus improve the longevity and stability of buildings.


The growing construction industry is expected to pave open the way for global cement and concrete additives market to expand successfully over the forecast period. The construction industry has grown rapidly in developing as well as developed nations over the last decade due to the growing demand for new infrastructure as well as residential construction in the former and the exigent need for renovation projects in the latter. Infrastructure, as well as residential and industrial renovation, is on an uptick in developed regions such as North America and Europe, giving rise to a need for advanced building materials that can operate at a higher standard than the previous generation.


The growing population and urbanization in Asia Pacific has triggered the growing demand for residential construction, as an ever-increasing number of people are flocking to urban regions in search of job opportunities. Increasing demand for high-performance construction materials is likely to be a major driver for the global cement and concrete additives market. The construction industry has been quick to make use of technological innovations to improve its output, resulting in growing demand for construction materials that have been enhanced in some manner. The growing demand for high-performance construction projects, including in advanced buildings and innovative construction, is likely to drive the global cement and concrete additives market over the forecast period.


The emergence of 3D printing technologies that can aid in construction is likely to lead to an increase in the demand for fiber additives over the coming years. This could become a major opportunity for players in the global cement and concrete additives market, as 3D printing has immense advantages that the construction industry will look to incorporate into its workings. The growing adoption of technological advancements in the construction industry in developed as well as developing countries is thus likely to be a major driver for the cement and concrete additives market in the coming years.


Segmentation:


The report segments the global cement and concrete additives market by type, application, and region.


By type, the cement and concrete additives market is segmented into chemical, mineral, and fiber additives. The chemical additives segment dominates the global cement and concrete additives market and is likely to remain the leading contributor to the market over the forecast period, emerging with a market share of close to 50% by 2027.


Major market applications include residential, industrial, commercial, and other construction. Residential construction is likely to remain the major contributor to the global cement and concrete additives market over the forecast period.


North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific are regions taken into consideration. The Asia Pacific is touted to be the largest player in the global cement and concrete additives market over the forecast period.


Competitive Landscape:


Leading players in the global cement and concrete additives market include Elkem ASA (Norway), Oscrete Construction Products (Australia), BASF SE (Germany), Yara International ASA (Norway), Cementaid (Australia), Fosroc Inc. (U.K.), Borregaard LignoTech (Norway), CEMEX S.A.B. de C.V. (Mexico), Sika AG (Switzerland), and GCP Applied Technologies Inc. (U.S.).

Global Cement and concrete additives Market: Competitive Landscape


The prominent players in the global cement and concrete additives market are Yara International ASA, GCP Applied Technologies Inc., CEMEX S.A.B. de C.V, Elkem ASA, Fosroc, Inc., Cementaid, Borregaard LignoTech, Oscrete Construction Products, Sika AG, and BASF SE.


Sika AG, BASF SE, GCP Applied Technologies, Inc, and Fosroc, Inc. collectively hold the majority share of the global cement and concrete additives market. The market players are focused on adopting both organic and inorganic growth strategies such as business expansions, product development, and investments in R&D to outperform their competitors and serve the increasing demand for cement and concrete additives in major Construction industries.


GCP Applied Technologies Inc. is a global provider of construction products which includes admixtures and additives for concrete and cement. The company is focused on new product development, business expansion, and acquisitions to meet the global demand for cement and concrete additives from expanding construction industry and to maintain competitive edge in the cement and concrete additives market worldwide. For instance, in September 2018, the company opened a state-of-the-art concrete admixture plant in Atsugi, Japan to meet the rising demand for ready-to-mix concrete in the Asia-Pacific region.


Sika AG (Sika) is a specialty chemicals company, engaged in the manufacture and sale of products for bonding, sealing, damping, reinforcing, and protecting load-bearing structures in major end-use industries such as building and construction and automotive. The company emphasizes new product development and business expansion in the Middle East and Africa. In 2018, Sika AG opened a new concrete admixtures plant in Saudi Arabia to supply the producte to customers in neighboring markets around the Persian Gulf potentially.


BASF SE operates through five business segments—chemicals, performance products, functional materials and solutions, agricultural solutions, and oil & gas. The company provides cement and concrete additives under its functional materials and solutions segment. In 2018, BASF SE introduced a new concrete additive under the brand name master builders’ solution for the production of autoclaved aerated concrete disperse the binder particles efficiently, allowing the water content of the fresh concrete to be significantly reduced.


Fosroc, Inc. is a leading international manufacturer and supplier of high-performance chemicals for the construction industry, with a particular focus on concrete and cement additives and provides construction solutions. The company provides concrete additives with benefits such as slump and water retention. Fosroc concrete admixtures help to modify and improve the properties of fresh and hardened concrete or mortar under auracast and auramix products. The company is focused on business expansion in the emerging markets of Asia Pacific such as Malaysia and Singapore to meet the fuelling demand for concrete additives from the construction industry.