Cement And Concrete Market Production Capacity And Consumption Analysis By Regions And Country Wise
Cement And Concrete Market - By Type Of Product (Cement Manufacturing, Ready-Mix Concrete Manufacturing, Concrete Pipe, Brick, And Block Manufacturing And Other Concrete Product Manufacturing) Market Overview And Players, Opportunities And Strategies – Global Forecast To 2022 By The Business Research CompanyThe cement and concrete market reached a value of nearly $439.2 billion in 2018, having grown at 7.0% since 2014. Growth in the historic period resulted from government initiatives boosting housing demand and low interest rates for mortgages in developed countries. Factors that negatively affected growth in the historic period were shortages of coal for cement production and high taxes on cement imposed by governments
The Key drivers of the cement and concrete market include:-
Government Initiatives To Boost Housing – Governments globally launched initiatives to provide funds and subsidies to make housing affordable, especially for low income families, which drove the demand for cement and concrete. These subsidies allowed customers to borrow money at low interest rates to invest in new houses.
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Cement And Concrete Market Segmentation:-
By Product Type
1. Cement
2. Ready-Mix Concrete
3. Concrete Pipe, Brick And Block
4. Other Concrete Product Manufacturing
Other Concrete Product Manufacturing had the highest growth rate of nearly 10.1% during the historic period.
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By Geography - The cement and concrete market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa
Some of the major key players involved in the cement and concrete market are
1. LafargeHolcim Ltd.
2. China National Building Material Company Limited
3. Anhui Conch Cement Company Limited
4. CRH Plc
5. HeidelbergCement AG
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North America
Europe
China
Japan
Southeast Asia
India
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