According to the latest report by IMARC Group, titled “Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global cement market reached a volume of 4.91 Billion Tons in 2020. Looking forward, IMARC Group expects the global cement market to exhibit moderate growth during 2021-2026. Cement refers to a binding substance that is utilized in civil engineering and building constructions. It mainly consists of marl, clay, limestone, silicon, calcium, iron, aluminum, and gypsum. It is generally combined with water to serve as an adhesive to bind gravel, hard rock, and sand in concrete. Some of the common types of cement available in the market include Portland, slag, high-alumina, and expanding and non-shrinking cement.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Cement Market Trends:
A significant increase in construction activities due to widespread industrialization is driving the global cement market growth. It is being further fueled by increasing urbanization in various countries on account of rising per capita gross domestic product (GDP). In line with this, the development of numerous infrastructure projects, especially in emerging economies, is acting as another growth-inducing factor. Growing environmental concerns and technological advancements in construction processes are also driving the market toward growth.
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Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- CNBM International Corporation
- Anhui Conch Cement Co., Ltd.
- Jidong Development Group Co., Ltd.
- LafargeHolcim Ltd
- HeidelbergCement AG
Breakup by Type:
Breakup by End Use:
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
- Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Other Research Reports By IMARC Group 2021-2026:
Green Cement Market: https://www.imarcgroup.com/green-cement-market
South Africa White Cement Market: https://www.imarcgroup.com/south-africa-white-cement-market
East Africa White Cement Market: https://www.imarcgroup.com/east-africa-white-cement-market
East Africa Cement Market: https://www.imarcgroup.com/east-africa-cement-market
South Africa Wall Putty Market: https://www.imarcgroup.com/south-africa-wall-putty-market
East Africa Wall Putty Market: https://www.imarcgroup.com/east-africa-wall-putty-market
South Africa Gypsum Plaster Market: https://www.imarcgroup.com/south-africa-gypsum-plaster-market
Ceiling Tiles Market: https://www.imarcgroup.com/ceiling-tiles-market
Glass Tiles Market: https://www.imarcgroup.com/glass-tiles-market
Middle East and Africa Ceiling Tiles Market: https://www.imarcgroup.com/middle-east-africa-ceiling-tiles-market
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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