Cement is a key
building material which is used as a binder. Clay and limestone are key raw
materials used in the manufacture of cement. Cement can also be used in mixture
as a concrete and mortar. Mortar is formed by mixing cement with sand whereas
concrete is formed by mixing cement, sand, and fine aggregate and coarse
aggregate. Mortar is used to bind blocks, stone and bricks into walls. Concrete
is used in varied constructional purposes. One of the major drivers for cement
market is steady and consistent growth in construction industry. Strong growth
prospects of construction industry in emerging economies like China, India and
Brazil is expected to trigger the demand for cement. Various health hazards
associated with cement dust which causes lung diseases is expected to arrest
the growth of this industry. Moreover, cement manufacturing is very energy
intensive process which releases large volume of carbon dioxide in air causing
air pollution. Various new methodologies are used to make advancements in cement
market like mixing optical fibres with cement creates see-through concrete.
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Asia pacific is
the largest consumer of cement market followed by North America and Europe.
Based on types of cement, white cement is largely used to increase the visual
appearance of construction. Portland cement is used in commercial, residential,
industrial, and public infrastructure. Mortar is used in brick works, and road
surfaces. Blended cements are heavily used in ready-mix concretes. Some of the
major players operating in the global cement market include LaFarge, Holcim
Ltd, Cemex, Siam Cements, Cimpor, Sinoma Cement Co. Ltd., Aditya Birla Nuvo
Ltd., and CR Cement.
This research
report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- · North America
- Asia Pacific
- Europe
- Rest of the World
This report
provides comprehensive analysis of
- · Market growth drivers
- · Factors limiting market growth
- · Current market trends
- · Market structure
- · Market projections for upcoming years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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It
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provides a seven-year forecast assessed on the basis of how the market is
predicted to grow
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market and by making in-depth analysis of market segments
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segments
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