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SBR CEMENT ADDITIVE MARKET REPORT OVERVIEW
The SBR Cement Additive Market Size was US$ 1141.13 Mn in 2023 and is projected to touch US$ 1679.72 Mn By 2032, Exhibiting a CAGR of 3.94% During the Forecast Period.
The purpose of SBR LATEX, a carboxylated styrene butadiene copolymer latex additive, is to enhance the bond strength and chemical resistance of cement bond coatings, mortars, and concrete. This product is very useful for different purposes. This product helps to give strength to the chemicals. An additive and high-performance, water-resistant SBR bonding agent for use with cementitious flooring screeds, repair compounds, and sand/cement renders. An aqueous dispersion of Styrene Butadiene Copolymer.
The market for cement additives has expanded significantly in recent years due to the growing need for innovative building materials with improved qualities. The market has grown a lot in past years due to its various development. Because they can increase a structure's workability, strength, and longevity, additives in cement compositions are becoming more and more common. The market is differentiated by the existence of multiple prominent companies providing an extensive array of additives to meet varying client needs. There is an expansion in this market There is a great need for this product. The necessity for sustainable construction methods, infrastructure development, and urbanization are some of the reasons driving the market's predicted growth trajectory in the upcoming years. This factor has augmented the SBR Cement Additive market growth.
COVID-19 Impact: Market Growth Obstructed by Pandemic due to Lockdown
The World-wide COVID-19 outbreak has been unparalelled and astonishing, with the market getting an exposure higher-than-predicted demand across all regions contrast to pre-pandemic levels. The drastic market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
On the market for cement additives, the Covid-19 epidemic had a major effect. Lockdowns, interruptions in the supply chain, and a decline in construction activity caused problems for the building sector. In spite of this, the market proved resilient and adjusted to the new standard. The need for high-performance additives was fueled by the pandemic's emphasis on the significance of robust and sustainable construction methods. Additionally, the sector saw a greater emphasis on remote monitoring and digitalization to guarantee seamless operations during the epidemic. Cement and mortar additives market growth is anticipated to resume as the construction industry improves.
LATEST TREND
"Sustainability to Drive Market Growth"
An increasing number of sustainable cement and additives are being developed and used. Reducing carbon emissions, using recycled resources, and raising the additives' sustainability profile are the main goals for manufacturers. Custom additive solutions that are suited to particular construction needs are becoming more and more in demand in the industry. Product features including strong early strength development, enhanced workability, and self-healing qualities are among the features that additive manufacturers offer.
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SBR CEMENT ADDITIVE MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into SBR Latex and SBR Powder amongst which the leading segment is the Heavy Duty Impact Beds.
- SBR Latex: To increase the chemical resistance and binding strength of cement, concrete, and mortar, SBR latex is a liquid ingredient used in building projects.
- SBR Powder: Cement can benefit from the use of styrene butadiene rubber (SBR), a white emulsion additive, in the form of powder.
By Application
Based on application the global market can be categorized into Bonding Slurries, Concrete Repair, Floor Toppings and Screeds, and External Wall Renders amongst which the leading segment is the Industrial.
- Bonding Slurries: SBR Bonding Additive should be diluted with an equivalent amount of water to create the bonding slurry, which is then mixed with regular Portland cement until it becomes smooth and creamy.
- Concrete Repair: SBR minimizes shrinkage and cracking while mending floor screeds and can be utilized as a bond agent, modification, or coating in a variety of construction applications. Perfect for use as an adhesive agent between freshly laid and previously laid concrete.
- Floor Toppings and Screeds: Adhesion on the floor is improved by using SBR primer. It's frequently used in advance of tile installation.
- External Wall Renders: For the purpose of restoring spalled floors made of concrete, columns, beams, and slabs, Unibond (SBR), an improved styrene-butadiene liquid emulsion, can be used as an adhesive.
DRIVING FACTORS
"Infrastructural Developments to Boost the Market"
The need for cement and mortar additives is being driven by the increasing construction of roads, bridges, airports, and railroads. A suggested plan aimed at maintaining and enhancing the services, facilities, and systems that are currently in place across a nation is called an infrastructure project. These additives offer more power, durability, and flexibility, making them excellent for large-scale building applications. This is one of the driving factors of the market.
"Sustainable Development to Expand the Market"
Sustainable construction approaches are becoming more prevalent in the worldwide construction industry. The use of cement and mortar additives minimizes the environmental effect of construction projects by increasing energy efficiency, cutting waste, and prolonging the life of buildings. Recyclable and renewable building materials are used in sustainable construction projects, and waste and energy generation are kept to a minimum. Reducing the method's impact on the environment is the main objective of sustainable construction.
RESTRAINING FACTOR
"High Costs to Impede Market Growth"
Certain additives for cement and mortar can be rather costly, which could prevent them from being widely used, especially in markets where cost is a factor. Cost is a factor that manufacturers and builders may find difficult, particularly in areas where funds are limited. The cost of production can be affected by changes in the raw material prices that are used to make cement and mortar additives. The manufacturers' profitability and market expansion may be impacted by this price fluctuation.
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SBR CEMENT ADDITIVE MARKET REGIONAL INSIGHTS
The market is primarily segmented into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
"North America Dominating the Market due to Numerous Market Share"
A significant focus on infrastructure development, the renovation of aging structures, and sustainable construction practices propels the North American industry. Strict rules and the presence of well-established market players are characteristics of the market in this region. Car, building, footwear, textile, and packaging are among the major industries that use SBR. SBR-based products are in high demand across a range of applications due to the region's fast urbanization, industrialization, and economic growth.
KEY INDUSTRY PLAYERS
"Leading Players adopt Acquisition Strategies to Stay Competitive"
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
LIST OF MARKET PLAYERS PROFILED
- Sika (Switzerland)
- Bostik (France)
- Fosroc (U.A.E)
- Trinseo (U.S.)
- Asahi Kasei (Japan)
INDUSTRIAL DEVELOPMENT
2023: The goal of researchers and manufacturers is to create self-healing chemicals that can fix damage and cracks in mortar and cement constructions. These compounds have the capacity to greatly increase a construction's longevity and durability. The producers of cement and mortar additives are making a concerted effort to lessen the carbon footprint of their goods. This entails creating additives with a lower embodied carbon, using alternative raw materials, and implementing energy-efficient manufacturing techniques.
REPORT COVERAGE
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 1141.13 Million in 2023 |
Market Size Value By |
US$ 1679.72 Million by 2032 |
Growth Rate |
CAGR of 3.94% from 2023 to 2032 |
Forecast Period |
2032 |
Base Year |
2023 |
Historical Data Available |
2019-2022 |
Regional Scope |
Global |
Segments Covered |
Type and Application |
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What value is the SBR Cement Additive Market is expected to touch by 2032?
The global SBR Cement Additive Market is expected to reach USD 1679.72 Mn by 2032.
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What CAGR is theSBR Cement Additive expected to exhibit by 2032?
The SBR Cement Additive Market is expected to exhibit a CAGR of 3.94% by 2032.
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Which are the driving factors of the SBR Cement Additive Market ?
Infrastructural Developments & Sustainable Development to Expand the Market are some of the driving factors of the market.
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What are the key semiconductor SBR Cement Additive Market segments?
The key market segmentation that you should be aware of, which include, based on Type the SBR Cement Additive market is classified as SBR Latex and SBR Powder. By Application the SBR Cement Additive Market is classified as Bonding Slurries, Concrete Repair, Floor Toppings and Screeds, and External Wall Renders.
