Cement Grinding Aids Market Trends

  • Report ID: 5927
  • Published Date: Mar 27, 2024
  • Report Format: PDF, PPT

Cement Grinding Aids Market Trends

Growth Drivers

  • Growing Need to Reduce Energy Consumption in the Cement Industry - The production of cement is known to be one of the significant energy-intensive manufacturing industries, and the cement plants’ milling circuit exhausts over 3% of the electrical energy production of the world in a year.  Hence, to replace this situation, a large number of cement plants have embraced the easy and adequate procedure of including grinding aids. The utilization of grinding aids enhances the material fluidity in the mill and boosts the efficiency of grinding, which further limits energy consumption. Moreover, there are various other types of grinding aids utilized in cement plants across the world. The major components of each product are in large numbers and varied, and the results are also uneven. 
  • Rising Urban Population - The urban population share was estimated to have rose close to 55 percent in 2022. It is commonly large in developed countries (over 78 percent in 2022) in contrast to the developing world (approximately 51 percent). The major factor affecting the growth of the urban population is the rising migration of people owing to jobs and education opportunities available in cities. However, to accommodate this growing number of people the construction is projected to be surging.
  • Surging Digitalization to Enhance Grinding Process - In current years, digital technologies have enhanced innovation for industrial procedures. This innovation is frequently known as Industry 4.0. To boost the success of business Industry 4.0 has become a key element and this further guide cement industries to improve process & equipment performance, and augment O&M cost enabling a secured and safer manufacturing embracing the physical assets. Hence, with this, the adoption of IoT is also projected to rise in the cement industry. The Industrial Internet of Things (IIoT) enables machines to communicate with people along with each other. It has the ability to collect data, examining and advising best practices obtained from the data gathered in the past. It may be utilized in cement production to understand the format and study the ideal situations from operating process data and operator actions in contrast to the performance.

Challenges

  • Existence of Impurities in Cement Grinding Aids - Cement additives composed of organic compounds, however, may also dwell few inorganic salts including chlorides.  The most economic qualities may comprise solid and liquid impurities that influence cement grinding or the finished product negatively. Some of the consequences include damage to the dosing component, decomposition, and instability which may lead to an offensive odor of the grinding aids and also of the produced cement, and others. As a result, this factor is predicted to hinder the cement grinding aids market expansion for cement grinding aids.
  • Strict Regulatory Standards
  • Fluctuation in Price of Raw Materials - The raw material used in manufacturing cement may incur volatility in its availability and price. Therefore, this may affect the probability of the organization which might further hinder the cement grinding aids market growth.

Cement Grinding Aids Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~6%

Base Year Market Size (2023)

~USD 2 Billion

Forecast Year Market Size (2036)

~ USD 9 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Rajrani Baghel


  • Report ID: 5927
  • Published Date: Mar 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing need to reduce energy consumption in the cement industry, rising urban population, and surging digitalization to enhance grinding process.

The market size of cement grinding aids is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Ashtech India, CHRYSO Inc, The Dow Chemical Company, Fosroc, Inc., and others.

The construction segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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