Global cement market

New York, July 25. 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Global Cement Market” Report – https://www.reportlinker.com/p06310243/?utm_source=GNW

Market values ​​are estimated based on multiple factors and manufacturer revenue analysis. Market dynamics within each industry have been identified.

Technological advances and trends are included and other influences (economic conditions and norms) are discussed. BCC Research analyzed national and international technological issues and economic considerations.

The market segments in the report focus on the technical and commercial aspects of cement in different application segments: residential and non-residential (commercial and industrial). The report also discusses the policy and regulatory framework of the cement industry, maintaining environmental sustainability, and complying with government regulations.

The report analyzes the regional market segments forecast for 2022-2027, with 2021 as the base year. The report offers a competitive scenario for the market, including a detailed analysis of major market players and a list of smaller regional market players.

The currency used in this report is USD, with market size only shown in millions of USD. For companies reporting revenues in USD, revenues are taken from annual reports.

For companies that reported revenue in other currencies (i.e. Euros and Pounds), the average annual currency conversion rate was used for each particular year, converting the value to USD. The conversion rate for each currency conversion is provided in this report.

The report includes:
– 156 data tables and 50 additional tables
– A comprehensive overview of the global cement market
– Global and regional market trend analyses, with market revenue (sales data) for 2020 and 2021, estimates for 2022, and compound annual growth rate (CAGR) projections to 2027
– Estimation of the real market size for the cement industry in terms of value and volume, market forecast and analysis of the corresponding market share by type of cement, end-user sector and geographical region
– Detailed information (Facts & Figures) regarding the major factors influencing the progress of the market (drivers, restraints, opportunities, industry-specific challenges) with respect to specific growth trends, upcoming prospects and contributions to the global market
– Country specific data and market value analysis for United States, Canada, Brazil, Mexico, Argentina, Russia, Germany, Italy, France, Spain, Japan, India, China, South Korea, Indonesia, Vietnam, Indonesia, Iran, Egypt and Turkey etc…
– Discussion on supply chain analysis in the cement industry providing a systematic study of the main intermediaries involved, with a focus on manufacturers, suppliers and major end customers
– Highlights of the impact of COVID-19 on the cement market, with pandemic implications on the mining industry, cement demand and supply, market regulations and climate policies
– Identification of key stakeholders and analysis of the competitive landscape based on recent developments and industry revenue
– Descriptive company profiles of major cement manufacturing companies including Anhui Conch Cement (ACC), CEMEX SAB de CV, Heidelberg Cement AG, CNBM International Corp., Holcim Group, The Siam Cement Group (SCG) and UltraTech Cement ltd. (Aditya Birla Group)

Summary:
Cement is the second most consumed product in the world, after water. It is an irreplaceable material, used in many daily life applications (homes, power plants, utilities, hospitals, schools, parks, etc.).

The importance of limestone in mortar and concrete has been known since ancient times. The Romans used lime concretes and developed pozzolanic cements based on lime and specific volcanic soils.

Lime mortars and concretes were used in the Middle Ages. In 1824 Joseph Aspdin of Leeds, England produced a powder from the calcined mixture of limestone and clay.

He called it Portland cement because when it hardens it looks like stone from quarries near the Isle of Portland in the UK.

Cement combines limestone, sand, shells, clay and iron. The most common type is Portland cement, which is used worldwide.

Rapidly increasing global demand for construction and infrastructure improvements, growing awareness of sustainable infrastructure developments and resource limitation are factors that are forcing cement companies to improve supply chains and cement logistics. Growing demand for materials (concrete, mortar and grout) that contain Portland cement as an important ingredient is driving the expansion of the industry.

These materials are used to make plaster, screeds, building foundations and platforms.

Increased global urbanization and increased investment in infrastructure by various governments is propelling the industry forward. Several initiatives involve the development of social housing and the construction of roads to improve access to isolated places.

The infrastructure sector in many countries is growing. The organization of international sporting and recreational events (Olympic Games, Football World Cup) requires the construction of accommodation, stadiums and other equipment which increases the consumption of cement.

Global Cement Market was valued at $REDACTED in 2021 and is projected to reach $REDACTED by 2027, growing at a CAGR of REDACTED%.

In 2021, the global cement market started to recover with an annual growth of REMOVED %. In 2020, the overall cement market decreased slightly; most manufacturing facilities and import/export businesses have temporarily shut down.

However, the industries are showing signs of recovery and are expected to witness significant growth over the forecast period.

The global cement market is segmented by type, end user and region.

By type, the cement market is further segmented into Portland, blended, and other types. Mixed cement is dominating the market in 2021 and is expected to dominate the market in the coming years.

By end user, cement is segmented into residential and non-residential. The residential segment is expected to dominate the market owing to the increasing rate of urbanization in developing economies, which increases the demand for residential buildings.
Read the full report: https://www.reportlinker.com/p06310243/?utm_source=GNW

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