Global Cement Industry to grow at a CAGR of 9.23% during the period 2016 - 2020; Finds New Report

Report forecast the global cement industry to grow at a CAGR of 9.23% during the period 2016-2020.

Cement is the most vital binding component in any construction activity and when utilized as a part of the mix with materials like bricks or stones. Cement is a grey-colored inorganic substance with extreme pressure driven binding properties. It is generally used in the production of concrete. Together with mortar, cement functions as the essential building blocks of construction.

The report covers the present scenario and the growth prospects of the global cement industry for 2016-2020. The report provides a classification of the leading vendors based on operating plants and production volumes of cement.

The market is divided into the following segments based on end-user:

• Residential
• Non-residential
• Infrastructure

According to the report, expanding urbanization, growth in population, and increase in nuclear families are likely to act as driving factors in the global cement market in emerging economies.

Further, the report states that increase in construction costs restricts the market growth.

Global Cement Industry Outlook 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Cement Industry: LafargeHolcim, CNBM, Anhui Conch Cement, Heidelberg Cement, Cemex, Italcementi and Taiwan Cement

Other Prominent Vendors in the market are: China Resources Cement Holdings, UltraTech Cement, Taiheiyo Cement, China Tianrui Group Cement, Dalmia Bharat, Lucky Cement, Colacem, Buzzi Unicem, CIMPOR, and Ube Industries.

Market driver

• Rise in urbanization
• For a full, detailed list, view our report

Market challenge

• Increase in construction costs
• For a full, detailed list, view our report

Market trend

• Use of alternative fuels
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 86 pages and 61 Exhibit “Global Cement Industry Outlook 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by geography, Market segmentation by end-use, Market segmentation by type, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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