Cementing Additives Market Size, Share, Opportunities, And Trends By Type (Cement Retarders, Dispersant, Defoamers, Fluid Loss Additives, Others), By Application (Oil & Gas, Construction), And By Geography - Forecasts From 2023 To 2028

The cementing additives market is projected to grow at a CAGR of 5.60% over the forecast period, increasing from US$16.635 billion in 2021 to US$24.365 billion by 2028.

The growing number of firms and the thriving real estate industry are the key reasons behind the sector's expansion. Future smart innovations in the building industry are driving the cementing additives market growth. Because of their ability to increase strength, increase friction, reduce water, retard, waterproof, and have other features, cement, and concrete additives are highly sought after in the building and construction sectors. Moreover, the infrastructure industry is growing as a result of higher spending on urban marketing, regional business plans, and business plans. For instance, in India, the US$ 1.3 trillion Gati Shakti national master plan for infrastructure has been one of the major initiatives in implementing systemic and practical reforms in the field.

Increased demand from the construction sector

Cement has several different features, including resistance to moisture, ease of workability, and the ability to provide masonry structure strength. It is mostly employed as a binder in concrete. Therefore, cement is essential for building bridges, homes, hospitals, and other structures. Consequently, to produce high-performance cement admixture, the cement industries use grinding aids and sodium gluconate, which helps to extend the workability and life of cement additives. Cement grinding aids have the potential to significantly lessen the occurrence of electrostatic adsorption during the grinding process. Grinding aids are an essential auxiliary raw material in cement plants all over the world which increases the demand and production of cement. For instance, India's demand for cement was predicted to increase by up to 12% annually in 2022 due to the government's emphasis on infrastructural development and the need for rural housing. Further, as per the United States Geological Survey, the production of cement in the United States increased from 89,000 metric tons in 2020 to 92,000 metric tons in 2021

It is projected that the cementing additives market in the USA will grow steadily. 

A cementing additive is a substance applied in cement slurry to modify its behavior, compressive strength, water & wear resistance, and durability. The additives reduce the cement hydration speed thereby improving the overall thickening owing to which they are majorly used in the construction and oil & gas sectors. The growing construction expenditure and implementation of new construction & infrastructure projects in the USA are acting as a major driving factor for the cementing additives market demand in the country. For instance, according to the U.C Census Bureau, in August 2023, total construction spending at a seasonally adjusted rate stood at US$1,983.470 billion which signified a 7.4% increase in the August 2022 figure of US$1,847.285 billion. Moreover, as per the same source, the total construction spending in the first eight months of 2023 witnessed a 4.2% growth over the same period in 2022.

Booming oil well drilling and investments

The booming oil well drilling and investments to bolster the same have paved the way for future cementing additives market growth. For instance, according to the U.S Energy Information Administration, in 2021, the total strength of horizontally drilled oil wells stood at 166,160 which represented a significant increase of 67.8% over 2014’s figure of 99,000. Furthermore, various providers of cementing additives are establishing labs & facilities in the USA to optimize the growing demand for such substances.

Products offered by key players

To produce cement at a reduced cost and with better performance, GCP Applied Technologies Inc. offers cement additives, TAVEROTM VM grinding aids, and OPTEVATM HE quality improvers. Cement additives called OPTEVATM HE quality improvers offer choices for increasing early (HE) strength and are especially useful for difficult cements. Alternatively, TAVEROTM VM grinding aid additives improve cement performance by offering greater strengths and faster setting times, while also helping to stabilize vertical roller mills (VM) during production by lowering the need for water injection and cement pre-hydration.

Market Key Developments

• In August 2023, Euclid Chemicals opened its cement additives lab in Cleveland, Ohio. The facility would involve the development and testing of materials that would optimize the use of additives in the cement manufacturing process.
• In January 2023, CEMEX, S.A.B. de C.V. announced the introduction of a new line of bio-sourced admixtures intended to have a lower carbon impact. Compared to conventional oil-based admixtures, these admixtures may have a carbon footprint as low as 70% since they use natural, renewable, and locally derived raw materials. This new product line is in line with CEMEX's Future in Action initiative, which aims to create a more sustainable and circular future with the main goal of the firm attaining net-zero CO2 by 2050. The corporation has reduced CO2 emissions at a rate never before seen since the start of Future in Action.

Cementing Additives Market Scope:

 

Report Metric	Details
Market Size Value in 2021	US$16.635 billion
Market Size Value in 2028	US$24.365 billion
Growth Rate	CAGR of  5.60% from 2021 to 2028
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Type, Application, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Altana AG, Chevron Phillips Chemical Company LLC., Global Drilling Fluids and Chemicals Ltd., Halliburton, Hexion, Impact Fluid Solutions, SNF Group, Solvay
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Type
  • Cement Retarders
  • Dispersant
  • Defoamers
  • Fluid Loss Additives
  • Others
• By Application
  • Oil & Gas
  • Construction
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Others

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1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. CEMENTING ADDITIVES MARKET BY TYPE 

5.1. Introduction

5.2. Cement Retarders

5.3. Dispersant

5.4. Defoamers

5.5. Fluid Loss Additives

5.6. Others

6. CEMENTING ADDITIVES MARKET BY APPLICATION

6.1. Introduction

6.2. Oil & Gas

6.3. Construction

7. CEMENTING ADDITIVES MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Type 

7.2.2. By Application

7.2.3. By Country

7.2.3.1. USA

7.2.3.2. Canada 

7.2.3.3. Mexico

7.3. South America

7.3.1. By Type 

7.3.2. By Application

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Type 

7.4.2. By Application

7.4.3. By Country

7.4.3.1. Germany

7.4.3.2. UK

7.4.3.3. France

7.4.3.4. Spain

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Type 

7.5.2. By Application

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Others

7.6. Asia Pacific

7.6.1. By Type 

7.6.2. By Application

7.6.3. By Country

7.6.3.1. China

7.6.3.2. Japan

7.6.3.3. South Korea

7.6.3.4. India

7.6.3.5. Australia

7.6.3.6. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisition, Agreements, and Collaborations

9. COMPANY PROFILES

9.1. Altana AG

9.2. Chevron Phillips Chemical Company LLC.

9.3. Global Drilling Fluids and Chemicals Ltd.

9.4. Halliburton

9.5. Hexion

9.6. Impact Fluid Solutions

9.7. SNF Group

9.8. Solvay

Altana AG

Chevron Phillips Chemical Company LLC.

Global Drilling Fluids and Chemicals Ltd.

Halliburton

Hexion

Impact Fluid Solutions

SNF Group

Solvay.