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Market HighlightsThe global market of cement is growing rapidly. Focus towards construction, and infrastructural development makes cement popular among manufacturers. Mortar and concrete is estimated to account for the largest share in the cement market. Moreover, government is also pushing the market of cement for better infrastructure facility to support increasing population in emerging nations. Whereas high capital costs and long gestation periods acts as a significant entry barrier. New trend shows that China leads the market followed by India in cement production. Overall, demand for cement is expected to rise notably during the next few years.
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Market Research Future Analysis:
Market Research Future analysis shows that the global market of Cement market is estimated to grow at a CAGR of around 8% during the forecast period. Growing consumer demand for construction, infrastructural developments are the major factors which are driving the market of Cement. Sustained growth in housing sector, government emphasis on infrastructure and increased global demand exceeding the demand for cement industry and resulted into improved efficiency, transportation and logistics. Asia-Pacific region is leading the market of Cement in terms of value. This is because of the growth in construction industry and rapidly rising urban population are the boosting factors for the market. Cement demand is growing in housing and infrastructure sector. The Government's thrust on housing and infrastructure development ,various initiatives like rural employment guarantee ,low cost housing in urban and rural area under schemes and other fuel the market cement demand.
Asia pacific will be the largest marketMarket Research Future analysis shows that the global market of Cement market is estimated to grow at a CAGR of around 8% during the forecast period. Growing consumer demand for construction, infrastructural developments are the major factors which are driving the market of Cement. Sustained growth in housing sector, government emphasis on infrastructure and increased global demand exceeding the demand for cement industry and resulted into improved efficiency, transportation and logistics. Asia-Pacific region is leading the market of Cement in terms of value. This is because of the growth in construction industry and rapidly rising urban population are the boosting factors for the market. Cement demand is growing in housing and infrastructure sector. The Government's thrust on housing and infrastructure development ,various initiatives like rural employment guarantee ,low cost housing in urban and rural area under schemes and other fuel the market cement demand.
Asia pacific is expected to lead the cement market with largest & fastest growing market. The reason is attributed to the easy availability of raw material, and increased investment in modern technology. High adoption rate from manufactures in the region along with government initiatives are driving the market of global Cement. Governments are pushing the market of cement by providing different schemes to urban and rural areas. The cement market in India continues to witness positive trend such as cost control, continuous technological advancement, increasing construction activities. It is followed by North America. North America stood second after china and India dominating the market of cement at present and has a large cement supply network. North America and Europe are the matured markets and are expected to grow at steady rate over the forecasted period.
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Lafarge
Holcim Ltd
Anhui Conch Cement Company Ltd
HeidelbergCement AG
Jidong Development Group Co. Ltd.
CEMEX S.A.B. de C.V.
China National Building Material Company Ltd.
UltraTech Cement Limited
Mitsubishi Materials Corporation
Shanshui Cement Group Ltd.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global cement Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
Target Audience:
Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors
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