Us Cement and Concrete Additive Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Cement and Concrete Additive Market was valued at USD 17.9 Billion in 2022 and is projected to reach USD 29.4 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The U.S. cement and concrete additive market is experiencing significant growth, driven by substantial infrastructure investments and a shift towards sustainable construction practices. In 2021, the federal government enacted a $1.2 trillion infrastructure bill, allocating funds for the renovation and development of roads, bridges, and public transit systems. This legislative move has markedly increased the demand for cement and concrete additives, essential components that enhance the performance and longevity of construction materials.
Industry leaders are capitalizing on this surge. For instance, Quikrete Holdings recently announced a $9.2 billion acquisition of Summit Materials, aiming to create a dominant force in the North American construction materials sector. This strategic consolidation reflects the industry's response to the escalating demand and the need for diversified product offerings.
Environmental considerations are also reshaping the market. Cement production accounts for approximately 8% of global greenhouse gas emissions, prompting companies to innovate. Firms like Paebbl are developing carbon-negative building materials by capturing atmospheric CO₂ and combining it with ground olivine rock, potentially reducing concrete's carbon footprint by up to 70%. Similarly, CarbonCure Technologies injects CO₂ into fresh concrete during mixing, achieving a 3% to 5% reduction in emissions and sequestering around 450,000 metric tons of CO₂ to date.
Despite these advancements, challenges persist. The industry faces potential policy shifts under President Donald Trump's administration, which may alter infrastructure spending priorities. Additionally, severe weather events can disrupt project timelines, and fluctuating raw material costs pose financial uncertainties for manufacturers.
From my experience working on infrastructure projects, the integration of advanced additives significantly improves concrete performance, especially in demanding environments. The adoption of such technologies not only enhances structural integrity but also aligns with the growing emphasis on sustainability in construction practices.
In summary, the U.S. cement and concrete additive market is navigating a dynamic landscape marked by robust infrastructure investments and a concerted effort towards environmental sustainability. As the industry evolves, stakeholders must remain adaptable to policy changes and market fluctuations to capitalize on emerging opportunities.
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Yara International ASA (Norway)
GCP Applied Technologies Inc (U.S.)
CEMEX S.A.B. de C.V. (Mexico)
Elkem ASA (Norway)
Fosroc Inc (U.K.)
Cementaid (Australia)
Borregaard LignoTech (Norway)
Oscrete Construction Products (Australia)
Sika AG (Switzerland)
BASF SE (Germany)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cement and Concrete Additive Market
Cement Additives
Concrete Additives
Mortar Additives
Admixtures
Other Additives
Plasticizers
Retarders
Accelerators
Air-Entraining Agents
Water-Reducing Agents
Superplasticizers
Corrosion Inhibitors
Residential Construction
Commercial Construction
Infrastructure Development
Industrial Construction
Pavements and Roads
Building and Construction
Infrastructure
Oil and Gas
Automotive
Marine
Direct Sales
Distributor/Wholesale
Online Sales
Retail Sales
Construction Supply Chains
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cement and Concrete Additive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cement and Concrete Additive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cement and Concrete Additive Market, By Type
6. Global Cement and Concrete Additive Market, By Application
7. Global Cement and Concrete Additive Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cement and Concrete Additive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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