Cement Grinding Aids fueling the growth of Cement Grinding Aids Market
The global Cement Grinding Aids
Market is estimated to be valued at US$ 2896.18 Mn in 2023 and is expected to
exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in
a new report published by Coherent Market Insights.
Market Overview:
Cement grinding aids are
chemicals used to improve the efficiency of cement grinding process by reducing
the surface energy of the clinker particles during grinding. They help in
decreasing the surface adhesion forces between clinker particles and mill
equipment surfaces thereby increasing production.
Market key trends:
One of the key trends driving the
cement grinding aids market growth is the increasing construction activities across
both developing and developed economies. Cement grinding aids help enhance the
production process by improving grinding efficiency in cement plants. They
reduce the specific power consumption during grinding by almost 15-20% and as a
result, save on overall electricity costs. This leads to higher profit margins
for cement producers and acts as a major factor boosting the adoption of cement
grinding aids worldwide.
Segment Analysis
The global cement grinding aids
market is segmented by type, origin and application. By type, the market is
dominated by the polycarboxylate ether segment. Polycarboxylate ether based
cement grinding aids aid the cement grinding process effectively by dispersing
cement particles. This reduces the surface energy of cement resulting in
smoother grinding and improved flow properties.
By origin, the synthetic segment
accounts for the largest share in the cement grinding aids market. Synthetic
cement grinding aids display superior effectiveness and consistency compared to
natural aids. This has driven their increased adoption over the forecast
period.
By application, the cement
application segment holds the major share. Cement grinding aids are
predominantly used during the final grinding stage of clinker and gypsum in
cement manufacturing. They optimize the efficiency and quality of cement.
Key Takeaways
The Global
Cement Grinding Aids Market Size is expected to witness high growth,
exhibiting CAGR of 5.7% over the forecast period, due to increasing
construction activities worldwide. Infrastructure development and rapid
urbanization are major demand drivers for cement and correspondingly cement
grinding aids.
Regional analysis - Asia Pacific dominates the global cement
grinding aids market and is expected to continue its dominance over the
forecast period. This is attributed to strong cement demand from China, India
and other developing Asian countries. Europe and North America are other major
regional markets backed by steady infrastructure growth.
Key players operating in the cement grinding aids market are
Ashtech India Pvt. Ltd, BASF SE, CHRYSO SAS, Ecmas Group, GCP Applied
Technologies Inc., KMCO LLC, MYK Schomburg, PROQUICESA, Shalimar Tar Products,
Sika AG, Thermax Global, and Unisol. BASF SE is a prominent player owing to its
wide product portfolio and global presence.
The global cement grinding aids
market size for 2023 is estimated to be US$ 2,896.18 Mn. The market is expected
to provide lucrative opportunities for existing as well as new players, as
cement demand rises with worldwide infrastructure development programs.
Read more
https://www.dailyprbulletin.com/cement-grinding-aids-market-size-share-growth-outlook-2023/
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