Global Cementing Chemicals Market Overview:
Cementing chemicals are the range of materials used in mixing cement for boosting its effectiveness and properties. The chemical is classified in retarders, accelerators, weighting agents, extenders, dispersants, and others used in oil well cementing, building construction, and other applications. The chemical used in the range of cement makes the grinding process easy, it provides grinding aids, strength and enhances the performance. It is made of various ingredients combined together which include calcium, silicon, aluminum, iron, and other ingredients.
Growth Drivers
- Growing Demand for Cement Products in Oil and Well Construction
- Need for High Compressive Strength, Durability, Water Repellency in the Surface
Roadblocks
- Regulatory Guidelines Associated with the Use of Certain Chemical According to Tier Hazards and Health-Related Risks Precautions
Opportunities
- Surging Demand for the Cementing Chemicals for the Sustainability and Environment-Friendly Building Products
Challenges
- Stiff Competition in the Cementing Chemicals Market
Competitive Landscape:
Some of the key players profiled in the report are Dow (United States), BASF (Germany), W. R. Grace & Co.-Conn (United States), USG Corporation (United States), Chevron Phillips (United States), Clariant (Switzerland), Flotek Industries (United States), CEMEX S.A.B. de C.V. (Mexico), The Holcim Group (Switzerland), Argos (United States), Saint-Gobain (France), Sika Group (Switzerland), Ash Grove Cement Company (United States), Lubrizol Corporation (United States), Teba Cement Factory. (United Arab Emirates) and JSW Cement (India). Considering Market by Ingredients, the sub-segment i.e. Calcium will boost the Cementing Chemicals market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Cementing Chemicals market. Considering Market by Cements, the sub-segment i.e. White Cement will boost the Cementing Chemicals market.
Latest Market Insights:
On 4th October 2021, Saint-Gobain has confirmed that it has closed the acquisition of Chryso. The acquisition will see Saint-Gobain enter the concrete formulation market and chemical additives for the reduction of CO2 emissions in the cement and construction sectors. Chryso has achieved revenues of EUR400m and EBITDA of around EUR85m.
On 14th June 2021, JSW Cement has entered the construction chemical business with the launch of a unique green product range in the category. The construction chemicals range includes Enduro Plast readymix plaster, Krysta Leakproof integral crystalline waterproofing compound, and Duraflor floor hardener.
What Can be Explored with the Cementing Chemicals Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cementing Chemicals Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cementing Chemicals
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cementing Chemicals market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cementing Chemicals market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cementing Chemicals Manufacturers, Cementing Chemicals International Traders, Cementing Chemicals Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.