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, resp...
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