Market analysis
The principal purpose of the cement and concrete additives is to improve the useful qualities of the concrete and cement and in this way improve the life span and solidness of the particular construction. The developing interest for high-performance materials is probably going to be a noteworthy driver for the global cement and concrete additives market. The construction business has rushed to make utilization of mechanical advancements to improve its yield, bringing about a developing interest for construction materials. Rising interest for high-performance construction projects and ventures, incorporating into cutting edge structures and inventive development, is probably going to drive the global cement and concrete additives market over the conjecture time frame. The global cement and concrete additives market is growing at a CAGR of 8.16% by exhibiting the market value of USD 32,706.5 million by the end of the forecast period (2018-2023).
Market Segmentation
The global cement and concrete additives market is divided on the basis of its application, type, and regional demand. By type, the market is divided into mineral, chemical, and fiber additives. Based on its application, the market is classified into industrial, residential, commercial, and other construction sectors.
Regional analysis
Geographically, the global cement and concrete additives market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
Elkem ASA (Norway), Fosroc Inc. (U.K.), Sika AG (Switzerland), and BASF SE (Germany), Cementaid (Australia), Borregaard LignoTech (Norway), Yara International ASA (Norway), GCP Applied Technologies Inc. (U.S.), CEMEX S.A.B. de C.V. (Mexico), Oscrete Construction Products (Australia), among others are some of the major players in the global cement and concrete additives market.