Application (Ball Mills, Vertical Mills, Ground-Granulated Blast Furnace Slag [GGBS] Grinding)
The ball mills segment is predicted to account for 50% share of the global cement grinding aids market during the forecast period. The utilization of bill mills has significantly risen for grinding the raw materials and clicker of the cement plant, and additionally for grinding different ores in chemical, metallurgical, and electric power enterprises. It adapts the attribute of strong compliance to materials, uninterrupted manufacturing, a large crushing ratio, and affability to align with the fineness of grinding products. Furthermore, the cement ball mill may be utilized not only in dry method cement manufacturing lines but, also in wet procedure cement production lines. Additionally, it may comprehend concurrent drying and grinding, which is the necessary equipment for cement grinding. Therefore, this segment is observing notable growth in its share.
End Use Industry (Construction, Home Decoration)
The construction segment is predicted to account for 60% share of the global cement grinding aids market during the forecast period. The major factor in encouraging the growth of this segment is the growing demand for smart cities. It is estimated that close to 69% of the population in the globe will be residing in smart cities by the year 2050. Hence, this is further estimated to encourage the construction industry. Furthermore, the government is launching various initiatives in order to boost the development of infrastructure such as roads, bridges, and more on account of the growing demand for connectivity, trade, and economic development. Furthermore, the construction sector has driven considerable foreign direct investment (FDI). This is because foreign investors have identified the importance of growth and returns in the construction market. Further, this FDI in construction is predicted to show a positive effect on infrastructure development. As a result, the construction segment is poised to grow which is further estimated to encourage cement grinding aids market
Our in-depth analysis of the global cement grinding aids market includes the following segments:
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Author Credits: Rajrani Baghel
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