Cement Grinding Aids Market Growth Accelerated by Increasing Construction Activities
Cement Grinding Aids Market Growth Accelerated by Increasing Construction Activities
The global cement grinding aids market is estimated to be valued at US$ 3,336.4 Mn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Cement grinding aids are chemical compounds added in small quantities to the cement during the final grinding process in cement manufacturing. Cement grinding aids improves the grinding efficiency and reduces energy consumption. Cement grinding aids improves the efficiency of the grinding process by modifying the properties of cement and optimize the rheology of cement slurry. Some of the advantages of cement grinding aids include higher strength at all stages, improvement of early strength, reduced permeability and increased sulfate resistance of cement. 

Market key trends:

One of the major trends fueling the growth of the cement grinding aids market is the increasing construction activities worldwide. According to the Global Construction 2030 report published by Global Construction Perspectives and Oxford Economics, the worldwide construction output is expected to reach $15.5 trillion by 2030, registering a 65% increase from $8.9 trillion in 2020. The growing residential and commercial construction on account of rapid urbanization is augmenting the demand for cement which in turn is boosting the cement grinding aids market. Cement grinding aids help improve the efficiency of the cement grinding process and reduce the energy consumption significantly. They also enhance the early strength and final strength of cement. With the increasing environmental regulations regarding carbon emissions, cement manufacturers are focusing on implementing cost-effective and eco-friendly production processes with the help of grinding aids. This is expected to drive the cement grinding aids market during the forecast period.

Segment Analysis

The global cement grinding aids market is segmented by type into glycols, hydrated lime, amino alcohols, and others. The glycols segment dominated the market in 2020 as glycols are widely used in cement grinding aids due to their effective performance. Glycols provide optimum compressive strength and control the setting time of cement. They also aid dispersion of cement particles during grinding.

Key Takeaways

The Global Cement Grinding Aids Market Size is expected to witness high growth.

Regional analysis: North America currently dominates the global market due to high demand for cement from construction industry in the US and Canada. Asia Pacific is expected to grow at fastest pace during the forecast period due to surging construction activities in developing nations such as China and India.

Key players operating in the cement grinding aids market are Hiwin Corporation, Bosch Rexroth AG, The Timken Company, Schneeberger Group, Rockwell Automation Inc., Ewellix AB, THK Co. Ltd, Thomson Industries Inc., Parker Hannifin Corporation, Nippon Bearing Co. Ltd, HepcoMotion Inc., Lintech Corporation and NSK Ltd. These key players are focusing on new product launches and mergers & acquisitions to strengthen their global presence. For instance, in 2020, Rockwell Automation acquired Zone Automation to expand its industrial automation portfolio.

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