Cement Grinding Aids Market to Surpass US$ 5,021.3 Million Globally by End Of 2027, Says CMI
The cement grinding aids help in enhancing the efficiency of cement molturation process, which is the highest energy consuming process used for the production of cement.
Cement grinding aids are specialty chemical agents, which are used for mixing and grinding of cement. The cement grinding aids help in enhancing the efficiency of cement molturation process, which is the highest energy consuming process used for the production of cement.
Statistics:
The global cement grinding aids market is expected to account for US$ 5,021.3 Mn in terms of value by the end of 2027, registering a CAGR of 5.7%.
Market Drivers:
Increasing demand for cement grinding aids from the cement industry is expected to be a major factor aiding in growth of the market. Advantages such as improving efficiency of cement production and cement flowability are driving demand for cement grinding aids. Cement grinding aids help to improve physical and mechanical properties of cement and also improves grinding efficiency of the clinker particles. Grinding aids are organic compounds that are added to the mill during cement grinding. The main purpose of it is to reduce the energy required to grind the clinker into a given fineness and therefore, increase the efficiency of the cement mill. These factors are expected to boost the global cement grinding aids market growth over the forecast period.
Market Opportunities:
Increasing investments by cement producers to increase the production capacity of plants is expected to create lucrative opportunities for players operating in this market. For instance, in 2013, Saudi Cement Company and South Province Cement Company (SPC) announced plans to invest US$ 190 million by entering into an agreement for installation of a manufacturing plant in Bisha, which is located in the south-western Saudi Arabian Province.
Market Restraints:
The presence of impurities in cement grinding aids is expected to hamper the market growth during the forecast period. Cement grinding aids majorly consists of organic compounds, however, it also includes some inorganic salts such as chlorides. The raw materials to produce grinding aids are available in different qualities and cost in the market. The distinct qualities could contain solid and liquid impurities that can hamper cement grinding and also the finished products.
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Key Takeaways:
On the basis of application, the cement grinding aids market is segmented into ball mills, vertical mills and ground-granulated blast-furnace slag (GGBS) grinding. Among these, the ball mills segment is projected to hold dominant position in the market over the forecast period. The ball mills are highly used by cement manufacturers. The numerous advantages of ball mills such as its low installation cost and low production cost have resulted in significant growth of the global cement grinding aids market. Also, this type of mill is suitable for materials of all degree of hardness, and is suitable for batch and continuous operations.
Market Trends:
Major players in the market are focused on new product developments for sustaining the market competition. For instance, in November 2017, GCP Applied Technologies Inc. launched two cement additives, OPTEVA HE quality improvers and TAVERO VM grinding aids, to deliver higher-performing, lower cost cement production. These new product developments will help the company to obtain a strong market share, majorly in the North America region.
Competitive Landscape:
Major players operating in the global cement grinding aids market include 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.
Key Developments:
CHRYSO SAS
- In June 2018, CHRYSO SAS acquired the operating business divisions of RUREDIL S.p.a., an Italy-based company, which develops and produces concrete admixtures. These divisions include concrete admixtures, cement additives, technical mortar, accessories for precast systems, fibers, and concrete restoration.
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Market Segmentation:
By Product Type
-
Amine-based Grinding Aids
- Monoethanolamine (MEA)
- Diethanolamine (DEA)
- Treiethanolamine (TEA)
- Triisopropanolamine (TIPA)
-
Alcohol-based Grinding Aids
- Ethylene Glycol (EG)
- Diethylene Glycol (DEG)
-
Ether-based Grinding Aids
- Poly Carboxylate Ether (PCE)
By Cement Type
- Blended Cement
- Hydraulic Cement
- Portland Cement
- Others
By Application
- Ball Mills
- Vertical Mills
- Ground-granulated Blast-furnace Slag (GGBS) Grinding
By End-use Industry
- Construction
- Home Decoration
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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