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Future Growth: Supplementary Cementitious Materials Market Sees Promising Growth in 2019

06-25-2019 02:08 PM CET | Industry, Real Estate & Construction

Press release from: MRR.biz

Future Growth: Supplementary Cementitious Materials Market

MarketResearchReports.Biz announces addition of new report "Supplementary Cementitious Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" to its database.

Supplementary cementitious materials deliver properties of hardened concrete when used with Portland cement through hydraulic or pozzolanic activity. Supplementary cementitious materials are regularly mixed with concrete to make the concrete mixture more economical and strong; enhance other properties of concrete; and reduce permeability.

Supplementary Cementitious Materials Market: Overview

The supplementary cementitious materials market can be segmented based on type and region. In terms of type, the supplementary cementitious materials market can be classified into fly ash, ferrous slag, and silica fumes. Fly ash is a blend of aluminum oxide, iron oxide, and silicon dioxide. It is a gray colored powder used in cement to enhance its physical and chemical attributes. Ferrous slag, also known as granulated blast furnace slag, is regularly used in filter media, hydraulic bound mixes, pipe bedding, and agricultural applications. Silica fumes are used to enhance mechanical properties and durability of concrete. Silica fumes hold the greater resistance properties in comparison to other materials.. The fly ash segment is poised to expand at a rapid pace during the forecast period owing to the extensive usage of fly ash in fire bricks, road construction, decorative glasses, and water treatment applications.

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Supplementary Cementitious Materials Market: Trends & Developments

The supplementary cementitious materials market is primarily driven by the rise in construction activities across the globe. Supplementary cementitious materials help increase the strength of concrete and minimize penetrability. The cost of supplementary cementitious materials is also low. These factors are fuelling the supplementary cementitious materials market. Furthermore, utilization of industrial waste in supplementary cementitious materials is boosting the market. However, low awareness among the people about the benefits of supplementary cementitious materials is hampering the market. Nevertheless, the usage of various types of industrial waste and dry waste in cement materials is estimated to create opportunities for the supplementary cementitious materials market. Furthermore, recycling of wastes such as fly ash, ferrous slag, and silica fumes through consumption of these in construction activities minimizes pollution. It is also an effective solution for waste management. This, in turn, is expected to boost the supplementary cementitious materials market during the forecast period.

Supplementary Cementitious Materials Market: Regional Outlook

Based on region, the supplementary cementitious materials market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominates the global supplementary cementitious materials market owing to the rise in construction activities in the region. Increase in urbanization and growth in infrastructure activities in emerging economies such as China, India, Malaysia, and Singapore is also augmenting the supplementary cementitious materials market in the region. North America and Europe hold significant share of the global supplementary cementitious materials market owing to the increase in reconstruction and renovation activities in these regions. The supplementary cementitious materials market in Middle East & Africa and Latin America is likely to expand at a moderate pace due to the growth in economy of Brazil and Saudi Arabia.

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Supplementary Cementitious Materials Market: Key Players

Prominent players operating in the global supplementary cementitious materials market include Boral, Cemex, Dowdupont, Ferroglobe, Heidelbergcement, Lafargeholcim, Sika, SCB International, and Urban Mining Northeast.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

-Tailwinds and headwinds molding the market’s trajectory
-Market segments based on products, technology, and applications
-Prospects of each segment
-Overall current and possible future size of the market
-Growth pace of the market
-Competitive landscape and key players’ strategies

The main aim of the report is to:

-Enable key stakeholder’s in the market bet right on it
-Understand the opportunities and pitfalls awaiting them
-Assess the overall growth scope in the near term
-Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

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