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, 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., 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
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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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