Skip to main content

Rapid Urbanization in Asia Pacific to Benefit Portland Cement Market

According to a recent market study published by Transparency Market Research (TMR), the demand from the global portland cement market is slated to rise at a CAGR of 5.1% between 2014 and 2020. The report states that the market, which totaled more than 3.6 bn tons in 2013, is expected to amount to close to 5.2 bn tons by 2020.

The report is titled “Portland Cement Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020’ and is available for sale on the company website.

Portland cement plays an important role in construction applications. Worldwide, portland cement is utilized in the construction of residential and commercial structures. In recent times, rapid urbanization and infrastructural development in China, Brazil, India, South Africa, and Russia have significantly contributed to the global portland cement market.Further, the Olympic Games in 2016 and the FIFA World Cup in 2018, which will be hosted by Brazil and Russia, respectively, will require massive infrastructural development. These are two of the most high-profile sporting events in the world and require world-class stadiums and other ancillary amenities for hosting the spectacle.

Download Sample PDF report with TOC: 

For example, the Russian government has allocated almost US$16bn for developing essential infrastructure for the FIFA World Cup in 2018. However, stringent regulations for the use of portland cement, which is related with environmental deterioration, may challenge this market. The report segments the portland cement market on the basis of applications and geography. By application, residential, infrastructure, commercial, and others (farm construction, cement bricks, etc.) are the major segments of the portland cement market.

In 2013, the infrastructure and residential construction applications led the market and collectively accounted for over 70% of the demand for portland cement. The global portland cement market is divided into four geographical regions, namely North America, Asia Pacific, Europe, and Rest of the World (RoW). Asia Pacific was registered as the largest market for portland cement in 2013. The region accounted for almost 65% of the total market the same year.

The region is expected to emerge as the fastest growing market for portland cement in terms of both consumption and production for the forecast period. Rising urbanization and economic development are attributed as the main factors responsible for the region emerging as the key destination for producers of portland cement. Consequently, several producers of portland cement are engaging in establishing new capacities or making capacity additions to existing plants in this region.
Browse The Full Report At:

North America and Europe trail Asia Pacific in terms of revenue in the global portland cement market. The Rest of the World region also exhibits high consumption of portland cement, with the region expected to rise at a CAGR of 5.6% in terms of revenue in the period from 2014 to 2020.Some of the major companies operating in the global Portland cement industry are Lafarge SA, Heidelberg Cement, Anhui Conch, Ultratech Cement Ltd, Holcim, CNBM, and Italcementi.

The global portland cement market is segmented as follows:

Portland cement Market - Application Segment Analysis
  • Residential
  • Commercial
  • Infrastructure
  • Others (Including cement bricks, farm construction, etc.)

Comments

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi