Market Synopsis:
According to Market Research Future (MRFR)’s assessment, the global Cement, and Concrete Additives Market has been projected to touch a valuation of USD 32,706.5 Mn by the end of 2023 up from USD 20,549.9 Mn in 2017. The market is estimated to expand at a robust CAGR of 8.16% during the forecast period 2022 to 2030. The growth trajectory of the market is presumed to be dictated by the rapid developments in the construction sector. In addition, the infrastructural development programs launched by the governments are likely to accelerate revenue creation for the participants of the cement and concrete additives market over the next couple of years.
The urban migration witnessed across the world owing to elevated standards of living and exploration of employment opportunities is expected to generate massive demand for the expansion of cities. This, in turn, is prognosticated to drive the growth of the cement and concrete additives market across the projection period.
The developing nations have unleashed immense potential for the growth of the Cement and Concrete Additives Market in the past few decades. It is likely to exhibit a similar trend across the review period. Furthermore, the emergence of advanced technologies in the developed nations, such as 3D printing, has been forecasted to aid the proliferation of the construction sector, thus, augmenting the cement and concrete additives market. The adoption of novel technologies across the global construction sector is expected to propel the expansion of the market in the next few years to some.
Market Segmentation:
By type, the global well cementing market has been segmented into chemical, mineral, and fiber additives. Among these, the chemical segment is likely to hold more than 50% of the market share towards the end of 2023.
By application, the global market has been segmented into residential, industrial, commercial, and other construction. Among these, the residential segment has been projected to contribute most significantly towards the expansion of the global market over the assessment period.
Competitive Dashboard:
Yara International ASA (Norway)
CEMEX S.A.B. de C.V. (Mexico)
Elkem ASA (Norway)
Fosroc Inc. (U.K.)
GCP Applied Technologies Inc. (U.S.)
Cementaid (Australia)
Oscrete Construction Products (Australia)
Sika AG (Switzerland)
Borregaard LignoTech (Norway)
and BASF SE (Germany).
Regional Analysis:
By region, the report offers a detailed assessment of the cement and concrete additives market in North America, Latin America, Europe, the Middle East, and Africa, and Asia Pacific. The study reveals that the global cement and concrete additives market is poised to hold over 50% of the market share in the upcoming years and touch a valuation of USD 16,385.4 Mn by the end of 2023. The rapid urban migration witnessed in the region is likely to dictate the growth trajectory of the market. In addition, the schemes introduced by the governments for the development of houses for the underprivileged people have been anticipated to propel the expansion of the market over the next few years.
North America is another important growth pocket as efforts are being directed in the region to revamp construction sector. Europe is likely to exhibit a steady rate of expansion across the assessment period. Meanwhile, the thriving construction sector of the Middle Eastern countries such as Saudi Arabia, Qatar, the U.A.E, etc. is likely to drive the proliferation of the cement and concrete additives market through the projection period.
Industry News:
In February 2019, the Ministry of Housing & Urban Affairs, India, has announced the approval of the construction of another 4,78,670 affordable houses.
In January 2019, Cementos Bio Bio, Chile, has announced the investment of USD 20 Mn in the construction of a new grinding plant in South Peru.
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December 18, 2018: This report studies the global Concrete and Cement Market status and forecast, categorizes the global Concrete and Cement market size (value & volume) by manufacturers, type, application, and region.
This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).The major manufacturers covered in this report• Cemex• Holcim• HeidelbergCement• Lafarge• CRH• Buzzi Unicem• Italcementi• Cimpor• Votorantim• US Concrete• Shanghai Jiangong Engineering Material• China Resources Cement Holdings Limited• Southeast Cement Copporation• West China Cement Limited• Cahina Energy Enigeering GroupGeographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering• North America• Europe• China• Japan• Southeast Asia• IndiaRequest a Free Sample Copy of Concrete and Cement Market Report @ https://www.radiantinsights.com/research/global-concrete-and-cement-market-research-report-2018/request-sampleOn the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into• Low Heat Cement• Sulphates resisting cement• Blast Furnace Slag Cement• High Alumina Cement• White Cement• Coloured cement• Pozzolanic CementOn the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including• Residential Buildings• Industrial Buildings• Commercial BuildingsIn this study, the years considered estimating the market size of Concrete and Cement are as follows:• History Year: 2013-2017• Base Year: 2017• Estimated Year: 2018• Forecast Year 2018 to 2025For the data information by region, company, type and application, 2017 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.Browse the Full Global Concrete and Cement Market - Global Scenario, Industry Outlook, Analysis, Size, Trends and Forecast Report at - https://www.radiantinsights.com/research/global-concrete-and-cement-market-research-report-2018The study objectives of this report are:• To analyze and study the global Concrete and Cement capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);• Focuses on the key Concrete and Cement manufacturers, to study the capacity, production, value, market share and development plans in future.• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.• To define, describe and forecast the market by type, application and region.• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.• To identify significant trends and factors driving or inhibiting the market growth.• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.• To strategically analyze each sub market with respect to individual growth trend and their contribution to the market• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market• To strategically profile the key players and comprehensively analyze their growth strategies.Key Stakeholders• Concrete and Cement Manufacturers• Concrete and Cement Distributors/Traders/Wholesalers• Concrete and Cement Subcomponent Manufacturers• Industry Association• Downstream VendorsAvailable CustomizationWith the given market data, Radiant Insights offers customization according to the company's specific needs.
The following customization options are available for the report:• Regional and country-level analysis of the Concrete and Cement Market, by end-use.• Detailed analysis and profiles of additional market players.
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The Business Research Company published its Cement And Concrete Product Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global cement and concrete product market.
The report covers the cement and concrete product market’s segments- by type: cement; ready-mix concrete; concrete pipe, brick, and block; other concrete product, by product: rapid hardening cement; low heat cement; white cement; hydrophobic cement; others (colored cement, Portland pozzolana cement), and by application: residential; non-residential.View Complete Report: https://www.thebusinessresearchcompany.com/report/cement-and-concrete-product-global-market-report-2020-30-covid-19-impact-and-recoveryCement And Concrete Product Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Cement manufacturing plants are increasingly using digital technologies such as the internet of things (IoT) to improve plant efficiencies.
