New York, Global Cement Market report from Global Insight Services is the single authoritative source of intelligence on Cement Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Cement is a powdery substance made from a mixture of calcined limestone and clay. It is used as a binding agent in construction and is the main ingredient of concrete.
When mixed with water, cement forms a paste that sets and hardens over time. The chemical process of hydration causes the cement to undergo a series of changes, resulting in the formation of a strong, rigid material with a high compressive strength.
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Key Trends
The key trends in cement technology are:
1. Increasing use of alternative raw materials: Alternative raw materials such as industrial by-products, waste materials from other industries, and agricultural waste are being increasingly used in cement production. This is being done to reduce the cost of cement production and to reduce the environmental impact of cement production.
2. Increasing use of alternative fuels: Alternative fuels such as biomass, waste materials from other industries, and municipal solid waste are being increasingly used in cement production. This is being done to reduce the cost of cement production and to reduce the environmental impact of cement production.
Key Drivers
There are a number of key drivers of the cement market, which can be broadly divided into two categories economic drivers and regulatory drivers.
Economic drivers include factors such as GDP growth, infrastructure spending, housing starts, and cement prices. Regulatory drivers include emissions regulations, energy efficiency standards, and other environmental regulations.
GDP growth is a major driver of cement demand, as infrastructure and construction activity generally increases with economic growth. Housing starts are also an important driver, as cement is a key input in the construction of homes. Cement prices are also a significant driver of demand, as they can impact the cost of construction projects.
Market Segments
By Type
- Portland
- Blended
- Others
By Application
- Residential
- Non-residential
By Region
- North America
- The U.S.
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Key Players
- CEMEX S.A.B. de C.V.
- HeidelbergCement AG
- CNBM International Corporation
- InterCement
- Ultratech Cement Limited
- Italcementi
- LafargeHolcim
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