Cement additives are chemical formulations added to cement or concrete in a small amount to meet requirements associated with functional and aesthetic aspects of commercial and residential structures. These additives have applications in various residential, commercial, and industrial buildings. Cement additives have added advantages such as decreased use of chemicals with water, chemical resistance, improved properties of cement, strength, and color.
The global cement additives market report has been segmented on the basis of type, application, and region.
On the basis of type, the global cement additives market has been segmented into fiber additive, chemical additive, and mineral additive. The fiber additive segment is further sub-segmented into synthetic and steel fiber. The chemical additive is further sub-segregated into waterproofing admixtures, super-plasticizers, retarding agents, and other coloring agents. Mineral segment includes silica slag, rice husk ash, and fly ash. The chemical type segment is projected to account for highest share in terms of revenue in the global cement additives market during the forecast period.
On the basis of application, the global cement additives market has been segmented into residential construction, industrial construction, and commercial construction. The commercial construction segment is projected to account for highest share in the global cement additives market in terms of revenue, and residential segment is expected to witness highest CAGR over the forecast period.
On the basis of region, the global cement additives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Asia Pacific market estimated to account for major revenue share in the global cement additives market in 2017. Asia Pacific cement additives market is projected to witness increased growth in next seven years, owing to growing demand from residential, industrial, and commercial construction sectors.
Key players operating in the global market include USG Corporation, W.R. Grace & Co., AkzoNobel NV, The DOW Chemical Company, Sika AG, ASF SE, 3M Company, Heidelberg Cement, Kao Corporation, and China National Bluestar Group Company Limited.