Harrisburg, NC -- (SBWIRE) -- 03/19/2019 -- Global Cement Market Insights, Forecast to 2025
Cement is a fine mineral powder manufactured with very precise processes. Mixed with water, this powder transforms into a paste that binds and hardens when submerged in water. Because the composition and fineness of the powder may vary, cement has different properties depending upon its makeup.
The threat of substitutes arises when there are similar products developed by competitors which satisfy the market needs. Many industries has rigid demand for dement, which leads it to not be replaced easily.
On the one hand, cement manufacturers are dedicated to lowering their manufacturing cost; on the other hand, they try to provide more qualified products to customers.
Consumers are generally quick-change. They have requirements on newfangled products, better purchasing experience, conveniences and so on. Cement manufacturers should keep keen on customers preference or needs, or they will lose their market quickly.
The Global Cement market size was valued at USD 355.6 billion in 2016. It is expected to register a CAGR of 7.8% from 2017 to 2025.
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Top Leading Companies are: CNBM,Anhui Conch Cement,Tangshan Jidong Cement,BBMG,China Resources Cement Holdings,Shanshui Cement,Hongshi Group,Taiwan Cement,Tianrui Group Cement,Asia Cement (China),Huaxin Cement
Portland cement was valued at USD 316.5 billion in 2016 and is likely to witness a significant CAGR of 7.9% during the forecast period. The durability and high strength of the product and its widespread usage in the construction of residential, commercial, and industrial units are anticipated to propel the market.
The global demand for others cement was valued USD 39.0 billion in 2016. Rapid expansion of the residential sector in developing countries is estimated to have a positive impact on the growth of the segment.
The global market is facing environmental issues regarding water usage, carbon dioxide emission, depletion of resources, and other industrial activities. To overcome these challenges, in 2014, 24 leading cement manufacturers established Cement Sustainability Initiative (CSI), which, in turn, is projected to play a key role in enabling the steady growth of the market. For instance, one of the prominent manufacturers, Heidelberg Cement AG, initiated water resource protection and conservation policies to reduce water consumption during processing operations.
Contents of the 15 Chapters for This Cement Market Study:-
Chapter 1, to describe Cement Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Cement , with sales, revenue, and price of Cement , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Cement, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Cement market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Cement sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Cement Market, by Type:
Portland Cement
Aluminous Cement
Hydraulic Cement
Other
Cement Market, by End User:
Residential
Non-residential
Infrastructure
Non-residential/Infrastructure sector dominated the global cement market in 2016, accounting for over 66.0% of the overall revenue. China, India, and Japan are poised to lead the demand for cement for infrastructure projects over the forecast period. The World Bank predicts that these three countries are expected to attract 39% of the global infrastructure investments in the coming years.
In terms of volume, Asia Pacific dominated the market and is likely to register a CAGR of 5.2% during the forecast period. The regional market is driven by spiraling demand for affordable housing from developing economies such as India and China. Increasing income levels, rising population, and rapid urbanization in these economies are anticipated to promote residential construction.
Europe market is estimated to post a moderate CAGR during the same period. Russia is set to host the 2018 FIFA World Cup, which is projected to be the key catalyst triggering the demand for cement in the region.
North America is poised to experience healthy growth in terms of revenue during the forecast period. Soaring popularity of single-family units in countries such as the U.S. and Canada is expected to generate demand for residential construction, thereby boosting the uptake of cement.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Cement Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Cement Market Carrier and assist manufacturers and investment organization to better grasp the development course of Cement Market.
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Important attributes of the report:
The 360-degree Cement overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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