Press release
Composite Cement Market Sales, Share, Growth and Forecast 2027
Composite Cement Market: Strong, light, and less expensive construction materialComposite cement is blended cement with two or more blending materials. These materials possess different chemical and physical properties. When combined, these produce a material with significantly different chemical and physical properties for the individual component
Composite cement is used to obtain a stronger, lighter, and less expensive material, as compared to traditional materials
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Composite cement can be manufactured by using various materials such as high quality clinker, fly ash, granulated slag, and gypsum. Composite cement typically consists of clinker, which accounts for 35% to 65% of composite cement. Fly ash consists of 15% to 35% share of the composite material composition, granulated slag contributes 20% to 50% share of the composite material composition, while gypsum accounts for 3% to 5% of the composition.
Composite cement is utilized in commercial and residential sectors. The commercial sector is a leading end-user industry of composite cement, followed by the residential sector. Rise in global population and increase in urbanization are boosting the demand for new residential and commercial buildings. Commercial buildings include malls, hospitals, and shops. The residential segment includes homes, flats, and others.
Rising construction activities and increasing emphasis on reducing co2 emissions likely to offer attractive opportunities
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Composite cement plays a vital role in reducing CO2 emissions from the cement manufacturing plant. Rising awareness regarding environment sustainability and increasing preference of recycled construction material such as fly ash, slag, due to its low cost, are expected to provide lucrative opportunity to market players
Additionally, rising construction activities across developing countries in Asia Pacific, such as China, India, Vietnam, and Indonesia, is expected to provide lucrative opportunity to the manufacturers of composite cement in the near future.
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Improper formulation may cause brittleness in composite cement, which may hamper market
Constraints of availability of raw materials and infrastructure & logistics issues are hindering the global composite cement market
Improper formulation of clinker, fly ash, and slag leads to low durability and strength of product, which may restrain the market during the forecast period.
Key players operating in the composite cement market
Production capacity expansion and new product launch are key strategies adopted by composite cement manufacturers. For instance, Ambuja Cements Limited, a leading cement company based in India, in 2017 developed composite cement with a combination of cement, fly ash and slag, which possess high compressive strength and long-term durability.
Major players operating in the global composite cement market are
Aditya Birla Ultratech
CNBM International Corporation
CEMEX S.A.B. de C.V.
ACC Cement Limited
HeidelbergCement AG
Italcementi
InterCement
LafargeHolcim
SCG
Taiheiyo Cement Corporation
Titan Cement Group
Votorantim
Anhui Conch Cement
JSW Cement Limited
My Home Industries
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