Global Concrete and Cement Market 2016-2020
About Concrete and Cement
Concrete has high compressive strength, resisting corrosive, and weathering effects. Different types of concrete are high-density concrete, lightweight concrete, pre-packed concrete, RMC, and shotcrete. The revival of the global construction sector during 2011-2015 contributed to the global concrete market in terms of increased investments. It also has led to a heightened demand for residential, commercial, and public infrastructure.
The demand for cement remains unaffected despite price fluctuations. Over the years, cement has replaced other binding materials such as lime and clay. Cement manufacturing takes place in bulk and in a controlled environment. If stored under favorable conditions, the durability of cement is relatively long. Different types of cement are air-entraining cement, blast furnace slag cement, colored cement, high alumina cement, hydrographic cement, low heat cement, pozzolanic cement, quick setting cement, and white cement.
Technavio’s analysts forecast the global concrete and cement market to grow at a CAGR of 7.85% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global concrete and cement market during 2016-2020. To calculate the market size, the report considers the revenue generated by the sale of concrete and cement globally during the forecast period.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Concrete and Cement Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Concrete and Cement Market: Anhui Conch Cement, CNBM, Heidelberg Cement, and LafargeHolcim.
Other Prominent Vendors in the market are: Birla Cement, Cemex, Italcementi, JK Cement, Prism Cement, and Ramco Cement.
Commenting on the report, an analyst from Technavio’s team said: “The process of cement manufacturing involves the release of hazardous wastes. Quarry operations and crushing may result in physical injuries or loss of life. Improvement of safety standards by altering the work environment is becoming one of the prime focuses of employers. Particular attention is laid on training workers to avoid injuries and respond suitably to accidents at sites. Advances in technology have also helped by enabling the continual monitoring of emission levels.”
According to the report, the supportive policy measures from governments and regulators, and an increase in disposable income in the middle-class population are some of the factors spurring the affordable housing market.
Further, the report states that one of the major challenges faced by the market is excessive logistics expenditure
Anhui Conch Cement, CNBM, Heidelberg Cement, LafargeHolcim, Birla Cement, Cemex, Italcementi, JK Cement, Prism Cement, Ramco Cement.
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