Boston, MA -- (SBWIRE) -- 03/25/2016 -- Cement is the most vital binding component in any construction activity and when utilized as a part of the mix with materials like bricks or stones. Cement is a grey-colored inorganic substance with extreme pressure driven binding properties. It is generally used in the production of concrete. Together with mortar, cement functions as the essential building blocks of construction.

Technavio's analysts forecast the global cement industry to grow at a CAGR of 9.23% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global cement industry for 2016-2020. The report provides a classification of the leading vendors based on operating plants and production volumes of cement.

The market is divided into the following segments based on end-user:

-Residential
-Non-residential
-Infrastructure

Technavio's report, Global Cement Industry Outlook 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Get More Details on this Report and a Full Table of Contents at Global Cement Industry Outlook 2016-2020

Key vendors

-LafargeHolcim
-CNBM
-Anhui Conch Cement
-Heidelberg Cement
-Cemex
-Italcementi
-Taiwan Cement

Other prominent vendors

-China Resources Cement Holdings
-UltraTech Cement
-Taiheiyo Cement
-China Tianrui Group Cement
-Dalmia Bharat
-Lucky Cement
-Colacem
-Buzzi Unicem
-CIMPOR
-Ube Industries

Market driver

-Rise in urbanization
-For a full, detailed list, view our report

Market challenge

-Increase in construction costs
-For a full, detailed list, view our report

Market trend

-Use of alternative fuels
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: LafargeHolcim, CNBM, Anhui Conch Cement, Heidelberg Cement, Cemex, Italcementi, Taiwan Cement, China Resources Cement Holdings, UltraTech Cement, Taiheiyo Cement, China Tianrui Group Cement, Dalmia Bharat, Lucky Cement, Colacem, Buzzi Unicem, CIMPOR, Ube Industries

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