Calcium Aluminate Cement Market Revenue and Growth Analysis | Global Market Insights

The calcium aluminate cement (CAC) market is set to witness exponential growth on account of rapid growth of the construction & infrastructure sector. It is also experiencing significant demand from monolithic refractory manufacturers as more people begin to prefer it over conventional refractories.

CAC plays a crucial role in monolithic refractory products owing to its improved properties and multiple installation systems like low cement; ultra-low cement; and high-density, pumpable, low moisture, shotcrete (formless) & self-flowing castables. Global Market Insights, Inc., estimates that the calcium aluminate cement market might reach USD 650 million by the year 2026.

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How will calcium aluminate cement benefit the construction industry?

CAC has an integral role in building chemistry across several applications like sealers, self-leveling toppings, repair mortars, non-shrink grouts, and bedding mortars. Factors like increasing imposition of favorable government initiatives, rise in public & private investments, rapid urbanization and burgeoning population growth could acts as few driving aspects for CAC companies as the construction sector undergoes significant expansion.

In order to satisfy the rising demand from the construction sector, several CAC manufacturers have begun expanding their production capacities. For instance, Kerneos India decided to complete the development of its greenfield 30,000t/yr calcium aluminate cement (CAC) facility in Visakhapatnam. After the completion of this plant, Kerneos will be able to expand its manufacturing capabilities.

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Why is the North America CAC industry gaining immense traction?

Proliferating demand from the construction sector coupled with rising usage of refractory products might drive the adoption of calcium aluminate cement across North America. The region is witnessing strong growth in cement, steel and iron production, which are dependent on CAC. Besides, North America also has a good presence of manufacturers like Kerneos, Inc., Curimbaba Group, RWC Cement, and Calucem.

Rising consumption of CAC in monolithic refractories for cement production might broaden business horizon in North America. The region showcases robust construction activities in the residential, commercial, home and road renovation sectors. The U.S. for that matter of fact, in 2019, had an overwhelming construction expenditure of around USD 1.3 trillion.

Which business strategies could be profitable for calcium aluminate cement makers?

Established industry players like The Calucem Group, Gorka Cement, Imerys Aluminates, Cementos Molins, Almatis GmbH, Cimsa, Denka Company, Union Cement and DFSM are focusing on a number of organic as well as inorganic growth strategies like business expansion, acquisition and collaborations to enhance their competitive edge.

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Taking February 2020 for instance, CustomTech® introduced the most advanced flooring preparation system and TechPacth TW to CSI Division 3 construction professionals. This latest introduction is a rapid-curing, CAC based compound that makes finishing vertical exterior and interior masonry and concrete surfaces quick and simple. 

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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