Title: Global White Cement Market Share, Size, Growth Trends, Industry Analysis And Forecast 2018-2023
1 Global Cement Market Fostered by Revival
of Construction Sector
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3Report Description and Highlights
Report Description
Global Cement Market Fostered by Revival of
Construction Sector Over the years, the global
cement market has been experiencing a steady
growth. Some of the growth-inducing factors
include rapid urbanisation and industrialisation,
population growth, wide applications in
commercial, residential and infrastructural
sectors, etc. Cement is a grey coloured
inorganic powder which is generally used for the
purpose of binding and hardening. It exhibits
hydraulic binding properties and results in a
paste like consistency when mixed with water. On
account of its easy availability and low cost,
cement represents one of the most popular
construction materials used across the globe. It
finds numerous applications in construction
activities such as in the production of concrete,
stucco, mortar, grouts, etc. A new research
report by IMARC Group, titled Cement Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the global cement marketreached a volume of
4.8 Billion Tons in 2017. The report further
anticipates the market to reach around 6 Billion
Tons by 2023, at a projected CAGR of more than 3
over the forecast period.
4Report Description and Highlights
Report Description
- Market Drivers/Constraints
- The revival of the construction sector has led to
a rise in the construction of residential,
commercial and infrastructural projects like
bridges, dams and tunnels. This remains one of
the significant forces stimulating the growth of
the global cement market. - Another factor catalysing the market growth is
the fact that cement is used for stabilisation
techniques in the managing and discarding of
harmful wastes and substandard soils so as to
form a base for airport runways, roadways and
buildings. - Some of the other factors that have facilitated
the growth in the demand for cement include rapid
urbanisation, industrialisation, rising global
population, an increase in the number of nuclear
families and need for accommodation. - However, there are several factors that impede
the market growth. For instance, the
manufacturing of cement is associated with
several health hazards as it releases harmful gas
emissions such as carbon dioxide. -
- Read full report_at_ https//www.imarcgroup.com/ceme
nt-manufacturing-plant
5Report Description and Highlights
Report Description
End-Use Insights Based on end-use, the report
finds that residential currently represents the
largest end-use segment of cement. It is followed
by commercial and infrastructure. Regional
Insights On a geographical front, China enjoys
a leading position in the global cement market.
China is followed by India, the United States,
Brazil, Iran, Vietnam, Russia and Turkey.
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6Report Description and Highlights
Report Description
- Competitive Landscape
- The market is fragmented with the presence of
both small and large manufacturers who compete in
terms of prices and quality. There is a stiff
competition in the market which makes it
difficult for small players to survive. Some of
the leading players operating in the market are - China National Building Materials (CNBM)
- Lafarge Holcim
- Anhui Conch
- Jidong Development
- Heidelberg Cement
- Browse more related reports
- Silica Sand Market https//www.imarcgroup.com/sil
ica-sand-manufacturing-plant - White Cement Market https//www.imarcgroup.com/wh
ite-cement-manufacturing-plant
7Report Description and Highlights
Report Description
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