by The cement grinding aids market mainly consists of products that are added in small proportion during the final grinding process of cement to enhance the efficiency of the process. Grinding aids reduce the surface energy of the newly created surface and increases particle cohesion in the cement mill. Some common grinding aids used are glycols, amines, diethanolamine, and fatty acids. These aids help cement grinding processes by decreasing energy consumption during cement grinding and improves particle shape. Cement grinding aids also improves slurry mobility, enhances de-aeration and protects equipment from wear. Demand for specific grinding aids depends on mill characteristics and cement properties.
The global cement grinding aids market is estimated to be valued at US$ 3336.4 million 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.
Market Dynamics:
One of the key drivers for the growth of cement grinding aids market is the increasing construction activities across the world. According to the Global Construction 2030 forecast by Global Construction Perspectives and Oxford Economics, the global construction output is expected to grow by 85% to $15.5 trillion worldwide by 2030. Infrastructure and residential construction projects are booming in most regions of the world, driving demand for cement. Cement grinding aids help improve efficiency of cement grinding process, thereby reducing energy consumption during cement production. This makes cement production more sustainable and cost effective. With growing construction sector worldwide, cement production is expected to rise significantly, presenting lucrative growth opportunities for cement grinding aids market over the forecast period.
Segment Analysis
The global cement grinding aids market is dominated by the gypsum segment which accounts for over 30% of the total market share. Gypsum is the most commonly used grinding aid in the cement industry as it effectively reduces electrostatic forces in the cement particles leading to efficient grinding and reduced energy costs. Its low cost makes it an attractive option for cement producers.
PEST Analysis
Political: The cement industry is regulated by environmental laws which mandate emission reduction from cement plants. Many governments provide incentives and subsidies to promote use of grinding aids that enhance energy efficiency in cement production.
Economic: Rising construction activities especially in developing nations of Asia Pacific and Middle East & Africa is driving demand for cement. This is positively impacting the cement grinding aids market. Higher energy costs also incentivize cement producers to use grinding aids for cost optimization.
Social: Urbanization and growing infrastructure development are increasing consumption of cement globally. This fuels the need for grinding aids to boost production capacity of cement plants while minimizing environmental impact.
Technological: Grinding aid manufacturers are developing innovative solutions utilizing nano-technology and surface chemistry principles. Additives that reduce electronegativity of cement particles more effectively at low dosages will gain popularity.
Key Takeaways
The Global Cement Grinding Aids Market Demand is expected to witness high growth at a CAGR of 8.1% during the forecast period of 2024 to 2031.
Regionally, the market in Asia Pacific accounts for over 40% share led by China, India and Southeast Asian nations. China has emerged as the dominant market on back of huge investments in infrastructure projects.
Key players operating in the cement grinding aids market include 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. Key players are focusing on development of novel chemically treated aids to further enhance grinding efficiency of cement.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
