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Showing posts with the label Global Portland Cement Market

Portland cement Market: Demonstrates Growth Prospects Due To Ample Score for Cement Demand, Analysis By 2020

Portland cement amounts to 90% of the total cement produced worldwide, which makes it the single most prominent cement type in the market, cement is an essential ingredient in the construction industry, and is used in myriad applications. Portland cement is the basic ingredient used in mortar, concrete, non-specialty grouts and stucco. This type of cement is produced from raw materials such as limestone, clay, and sand. The widespread availability of these raw materials renders affordability to Portland cement, making it one of the cheapest materials used for construction activities. Portland cement is characterized by attributes such as high durability, high dependability, cost-effectiveness, and versatility in a variety of construction applications. Owing to these properties, Portland cement is used for constructing buildings, bridges, tanks, reservoirs, pavements, sidewalks, culverts, masonry units, and water pipes. In the recent past, these has been an increase in constru...

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, resp...