Market Overview:
The burgeoning construction sector globally is fuelling the
market growth for cement. Market reports connected with the construction
industry have been made accessible by Market Research Future who publishes
reports on other sectors that have been currently published along with a report
on this industry. The market is projected to expand at an 8 percent CAGR in the
duration of the forecast period.
The industry which is an indicator of economic health is
showing ascendant levels of growth in the recent years. The rising levels of
construction projects being launched worldwide are spurring the market’s
expansion. Due to these market developments manufacturers are boosting their
production capacities and engaging in research and development to back this
growth phase of the cement market. The rising level of investment by individual
in multiple properties is another factor powering the growth of the market.
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company profile and country level customization on reports.
Ø Lafarge, Holcim Ltd
Ø Anhui Conch Cement Company Ltd
Ø HeidelbergCement AG
Ø Jidong Development Group Co. Ltd.
Ø CEMEX S.A.B. de C.V.
Ø China National Building Material
Company Ltd.
Ø UltraTech Cement Limited,
Ø Mitsubishi Materials Corporation
Ø Shanshui Cement Group Ltd.
Segmental Analysis
The segmentation of the global cement market is carried out
on the basis of type region and application. On the basis of Type, the cement
market globally has been segmented into rapid low heat cement, high alumina
cement, hardening cement, colored cement, white cement, hydrographic cement and
other. On the basis of application, the cement market globally is divided into
construction and infrastructure. The regions that are a part of the market are
North America, Asia Pacific, Europe and rest of the world.
Detailed Regional
Analysis
The regional analysis of the market consists of regions such
as North America, Asia Pacific, Europe and rest of the world. The Cement market
for the most part depends on the global construction and building activities.
The cement market is highly driven by applications and systems are getting
popularity from various end user. The Asia Pacific region is likely to be
responsible for the largest portion, in terms of value, of the cement market
globally. This can be largely attributed to the construction and expansion of
infrastructure. The government initiatives such as growth of smart cities are giving
a huge boost to the sector. The North American and European region are followed
by the Asia Pacific region. An escalating number of limestone detections in the
east and the simplicity of the transport system have led to the speedy growth
of cement industry.
Competitive Analysis
The variety witnessed in terms of strategy creation and
execution is changing the development pace of the market. The gaps in the
market are filled owing to the carrying out of appropriate supply chain
strategies. Additionally, the expansion of new products and services will add
further momentum to the market development. The framework for growth plans has
equipped the market for possible new entrants. The development in the products
and services is the principal factor increasing the market's efficiency and
controlling the trends that are gaining distinction in the market. The
influential success factors and players’ preferences are slowly but surely
mounting by the strategies being used by market contenders. The key competitors
working in the market for cement globally are
Holcim Ltd, Lafarge, Anhui Heidelberg Cement AG, Conch Cement Company
Ltd, China National Building Material Company Ltd., CEMEX S.A.B. de C.V.,
Jidong Development Group Co. Ltd., Mitsubishi Materials Corporation, UltraTech
Cement Limited, and Shanshui Cement Group Ltd.
Industry Updates:
Sep 2018 Cemex is planning to restart commercial production
on the second kiln at its South Ferriby cement plant in November 2018. The
company says that this investment highlights its confidence in the long-term
potential of the UK building materials market. Once fully ready both kilns at
the plant will give it a production capacity of 0.7Mt/yr.
Sep 2018 Dangote has unveiled its new BlocMaster Cement,
describing it as extra strong and ideal for block moulding in Nigeria. It had
been tested and approved by builders throughout Nigeria making it particularly
useful during the rainy season. BlocMaster is reportedly suitable for all
construction purposes and Dangote hopes it will help address the issue of
building collapse in Nigeria
Global Cement
Market - Segments
Global Cement Market is segmented in to 3 Key dynamics for an
easy grasp and enhanced understanding.
Segmentation By Type : Comprises – Rapid Hardening Cement,
Low Heat Cement, High Alumina Cement, White Cement, Colored cement,
Hydrographic cement and other
Segmentation By Application : Comprises – construction, infrastructure
Segmentation By Regions :
Comprises Geographical regions - North America, Europe, APAC and Rest of the
World
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Global Cement
Market - Regional Analysis
Major growth and investment in cement and construction
material market is seen in APAC countries. The region is expected to witness
staggering growth in the forecast period. The region is offering flourishing
markets to the international companies to push the market. The companies are
seen investing in the innovation of new advanced technologies in APAC region,
especially in China, India, Indonesia, among others and this is expected to
boost the cement market demand.
Moreover, the Chinese government issued several favourable
policies for lowering the proportion of down payment for second house loans and
exempting of sales tax for ordinary housing, which helped the recovery of
commercial housing market. China accounts for the major share in the APAC
cement market. India, on the other hand, is seeking increase in private funding
solutions in the provision of much of the new infrastructure needed. However,
the reconstruction is only expected to provide a short-term boost to
construction activity that is likely to return to trend later in the decade. In
Southeast Asia relatively strong construction spending growth is also expected
in Indonesia and Vietnam, as both countries upgrade infrastructure to support
their growing populations.
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