Doubts Related to the Cement Grinding Aids Explained in the Report with Major Key Companies like Ashtech India Pvt. Ltd, BASF SE, CHRYSO SAS, Ecmas Group, GCP Applied Technologies Inc., KMCO LLC, MYK Schomburg, PROQUICESA, Shalimar Tar Products

United State,Washington: CMI presents an updated and Latest Study on Cement Grinding Aids Market Market 2020-2026. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Cement Grinding Aids Market market during the forecast period (2020-2026).

The global cement grinding aids market is projected to reach around US$ 5,021.3 Million by the end of 2027, in terms of revenue, exhibiting a CAGR of 5.7% during the forecast period (2020-2027).

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Competitive Landscape

Key players operating in the global cement grinding aids market include Ashtech India Pvt. Ltd, BASF SE, CHRYSO SAS, Ecmas Group, GCP Applied Technologies Inc., KMCO LLC, MYK Schomburg, PROQUICESA, Shalimar Tar Products, Sika AG, Thermax Global, and Unisol among others

Drivers

The growth of the global cement grinding aids market is driven by increasing research and development activities adopted by the major market players for launching new products and gaining a larger market share. Key players are focusing on organic growth strategies such as new product launches and product development, in order to gain market share in the global cement grinding aids market during the forecast period. For instance, in November 2017, GCP Applied Technologies Inc. launched two cement additives, OPTEVA HE quality improvers and TAVERO VM grinding aids, to deliver higher-performing and lower cost cement production. GCP Applied Technologies Inc. is engaged in the production and supply of specialty chemicals & materials, which are used in construction and sealants & coatings used in packaging industry.

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Market Restraints

The impurities present in the grinding aid can cause damage to the dosing equipment, can introduce air and foam in the mortar or cement slurry, and can lead to the sedimentation of solids and instability & decomposition, which can result in smell of the grinding aid and even in the final product such as cement. This is expected to hamper the market growth over the forecast period.

Cement Grinding Aids Market - Impact of Coronavirus (Covid-19) Pandemic

The cement grinding aids industry is one of the major victims of Covid-19 pandemic, which has resulted in disruption of the entire supply chain of raw materials and finished goods. The population is more focused on fulfilling their basic needs rather than construction activities. With the government guidelines for lockdown, the companies engaged in the production of cement grinding aids are not operational. Also, there is a drastic short-term decrease in demand for cement grinding aids from end-use industries such as construction and others. All these factors have negatively impacted the cement grinding aids market.

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