Demand for Cement and Concrete Additives Expected to Grow

The demand for cement and additives for concrete is expected to grow by 7 percent each year through 2020, putting the value at $4 billion that year.

Concrete consumption is on the rise due to increased construction according to The Freedonia Group, an industry research firm based in Cleveland, as is the demand for additives. Freedonia predicts that the use of cement and concrete additives on a per ton basis is expected in all major markets every year as construction continues to increase. Read more on the company’s analysis.