Published on : Apr 28, 2017
Albany, New York, April 28, 2017: Market Research Hub (MRH) has recently announced the addition of a new research report to its vast online collection, which discusses the global cement additives market. This research study is titled as “Global Cement Additives Market 2017-2021” and offers a thorough analysis of the present status as well as the future prospect of the global cement additives market. Moreover, it also provides an all-inclusive excerpt from several market research reports on the various aspects of cement additives, which is a crucial part of the construction industry.
The report predicts that the global cement additives market will grow steadily at a CAGR of 4.40% by 2021. The market drivers responsible for this rise is the exponential increase in the demand for plasticizers, which are added to cement to reduce the water content to achieve a greater degree of workability. Also, the steady growth of infrastructure in the Middle East, Africa and South America is also expected to fuel the demand for cement additives. The report provides a broad overview of the cement additives market including definitions, specifications, classifications and industry chain structure. A manufacturing cost analysis is carried out after analyzing factors like raw materials prices, raw materials suppliers, labor cost and other operational charges. Technical statistics and manufacturing plant study are also covered in the report to offer precise facts about the industry. Other influencing factors like capacity, manufacturing plants distribution, R&D status and technology sources are also examined within the report.
A vital feature of the report is the segregation of the global cement additives market on the basis of key parameters such as type, end user and geography. Segmentation by type includes the following:
The chemical segment dominates the cement additives market and holds the majority of the global market share. Moreover, based on end-user, the market segments include residential and non-residential categories. Among these, the residential segment is expected to dominate the global cement additives market during the forecast period. Geographically, the prominent regions included in the report are North America, Europe, Asia-Pacific and Middle East and Africa. Among these regions, Asia Pacific accounts for the maximum market share and is expected to remain dominant throughout the forecast period. The market growth in this region is mainly driven by the rise in the construction activities for residential and non-residential purposes.
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The cement additives market is still in its growing phase and is characterized by the presence of many established players. The leading companies operating in the global market include BASF, Sika, The Dow Chemical Company, USG Corporation and W. R. Grace among others.
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