Grinding Aids Market Witness Single Digit CAGR During 2024-2031 With Net Valuation Of US$ 6,500 Mn

Global Grinding Aids Market supply-demand continues to be impacted by broader developments in the chemicals sector. The new Grinding Aids Market research report outlines the key factors that will impact production, supply, and demand during the assessment period 2024 to 2031

The study tracks Grinding Aids Market demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Grinding Aids Market in particular 2024 to 2031

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How will  Grinding Aids Market Sales Grow in 2024 and Beyond

The  Grinding Aids Market industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.

Overall, demand for  Grinding Aids Market will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.

Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2024 with sales expected to be in the range of 15.5 million to 16 million.

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Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm.

The European chemical sector is also set to recover in 2024, after contracting by 2% in 2024. Recovery is likely to be sustained with a growth of 2% also expected in 2024.

Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2024, but other economies in the region continue to be on the path to recovery.

The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.

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Global Grinding Aids Market Segmentation

On the basis of type of cement, the global grinding aids market can be segmented as:

  • Portland cement
  • Hydraulic cement
  • Blended cement
  • Others

On the basis of product type, the global grinding aids market can be segmented as:

  • Amine based grinding aids
    • Monoethanolamine
    • Diethanolamine
    • Triethanolamine
    • Trisopropanolamine
  • Alcohol based Grinding Aids
    • Ethylene glycol
    • Diethylene glycol
  • Ether based
    • Polycarboxylate ether

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Global Grinding Aids Market: Key Players

Some of the key players identified across the value chain of global Grinding Aids market are:

  • SIKA AG
  • Fosroc, Inc.
  • Ecmas Group
  • Thermax Global
  • MYK Schomburg
  • CHRYSO SAS
  • GCP Applied Technologies Inc.
  • Shalimar Tar Products
  • KMCO LLC
  • PROQUICESA,

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Reason to Buy From Fact.MR : 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends thereby allowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinise in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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