Global Calcium Aluminate Cement Market Size to Grow Around $1.7 Bn By 2030

The global calcium aluminate cement market size was worth around USD 1.1 Billion in 2021 and is predicted to grow to around USD 1.7 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.1% between 2022 and 2030.

Calcium Aluminate Cement (CAC) is a high-temperature cement made from a mixture of limestone and alumina. It is utilized in specialty cement applications that require resistance to high temperatures, moderate acids and alkalis, sulphates, and water. It is also utilized when immediate strengthening is desired. In contrast to calcium aluminate cement, Portland cement is made by the interaction of lime and clay. Portland cement hardens faster but takes longer to reach the strength of hardened calcium aluminate cement. Both calcium aluminate cement and Portland cement must be activated with water and have comparable application processes.

Browse Press Release - https://www.zionmarketresearch.com/news/global-calcium-aluminate-cement-market

The increased use of monolithic refractories to replace traditional refractories will drive CAC consumption. CAC is primarily utilized in monolithic refractory products with improved characteristics and a variety of installation technologies, including ultra-low cement, low cement, high-density, low moisture, pumpable, self-flowing, and shotcrete (formless) castables. Moreover, product utilization will be influenced positively by an optimistic outlook for the global building and infrastructure industry. CAC is primarily used in building chemistry for self-leveling toppings, sealers, non-shrink grouts, repair mortars, bedding mortars, and other applications.

Government initiatives, fast urbanization, public and private investments, and a rising population are among the key contributors to the global construction industry's expansion and will increase CAC consumption for building chemistry in the next years. However, the chloride chemical attack, resulting in surface softening acts as a major challenge for the global calcium aluminate cement market growth over the forecast period.

The global calcium aluminate cement market is segmented based on type, application and region.

Based on the type, the calcium aluminate cement industry is bifurcated into CAC 40, CAC 50, CAC 60, and CAC 70-80. The CAC 40 segment accounted for the largest revenue share in 2021 and is expected to continue the same pattern during the forecast period. The growth in the segment is attributable to its versatility and inexpensive cost in the refractory and building industries. In the refractory industry, CAC 40 is used to make low-duty refractory concretes; however, in the construction industry, it is combined with other reactive minerals to create a binder that can be used to make a variety of products, such as self-leveling floor products, non-shrink grouts, and fast-setting patch materials.

Request Free Sample Report @ https://www.zionmarketresearch.com/sample/global-calcium-aluminate-cement-market

On the other hand, the CAC 50 type segment holds a significant market share during the forecast period. It is produced on a typical rotary kiln utilizing high-purity bauxite and limestone and has a minimum alumina concentration of 50%. Due to its light color and excellent reactivity, CAC 50 is employed not only in refractory but also in the building chemistry industry.

Based on the application, the global calcium aluminate cement market is categorized into refractory, building chemistry, technical concrete, pipe & wastewater, and mining. The pipe & wastewater segment is projected to hold the largest market share over the forecast period. The growth in the segment is owing to the use of calcium aluminate cement in the water treatment procedure due to its exceptional characteristics. On the other hand, the building chemistry segment is expected to grow at the highest CAGR over the forecast period. Different building chemistry items include floor leveling compounds, sealers, quick floor screeds, tile adhesives, bedding mortars, tile grouts, and repair mortars.

This extensive line of goods has Portland cement and CAC as their mineral base. Slag, admixtures, gypsum, polymers, lime, and fine calcareous material may also be included in the blend. Thus, driving the segmental growth over the forecast period.

North America is expected to dominate the global calcium aluminate cement market over the forecast period. The growth in the region is owing to the rising refractory demand, increased cement production, and robust iron and steel growth. Furthermore, the region is experiencing rapid expansion in the commercial, residential, road, and home renovation sectors.

On the other hand, the Asia Pacific is expected to grow at the highest CAGR during the forecast period owing to rapid urbanization and rising government initiatives for infrastructural developments. In addition, China and India are the two largest cement-producing countries, with China alone accounting for roughly half of the global cement output. Thus, driving the growth of the market in the region.

This review is based on a report by Zion Market Research, titled "Calcium Aluminate Cement Market By Type (CAC 40, CAC 50, CAC 60, and CAC 70-80), By Application (Refractory, Building Chemistry, Technical Concrete, Pipe & Wastewater, and Mining) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2030."- Report at https://www.zionmarketresearch.com/report/global-calcium-aluminate-cement-market

Recent Development:

In August 2022, Calucem, a manufacturer of specialty cement, will increase its market position in the United States by investing US$35 million in the construction of a manufacturing facility in New Orleans. The second-largest manufacturer of calcium aluminate cement, a high-performance material used in a variety of commercial and industrial uses, is Calucem, a division of Cementos Molins. The project will generate about 228 new jobs for Louisiana's Southeast Region, including 70 direct jobs and, according to Louisiana Economic Development, 158 indirect jobs.

The global calcium aluminate cement market is dominated by players like:
Calucem
AGC Ceramics
Almatis GmbH
Cementos Molins
SA
Cimsa Cemento
Denka Company Limited
Gorka Cement
Imerys Aluminates
Union Cement
Zhengzhou Dengfeng Smelting Materials Co. Ltd. (DFSM)
Henan Suntek International Co. Ltd
ABC Supply Co. Inc.

The global calcium aluminate cement market is segmented as follows:

By Type

CAC 40
CAC 50
CAC 60
CAC 70-80

By Application

Refractory
Building Chemistry
Technical Concrete
Pipe & Wastewater
Mining

By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

Request Customized Copy Of Report @ https://www.zionmarketresearch.com/custom/7101

FREQUENTLY ASKED QUESTIONS

Which key factors will influence the calcium aluminate cement market growth over 2022-2030?
What will be the value of the calcium aluminate cement market during 2022-2030?
Which region will contribute notably towards the calcium aluminate cement market value?
Which are the major players leveraging the calcium aluminate cement market growth?

Why Choose Zion Market Research?

Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports

Also, Read Our Top Selling Reports:

https://www.openpr.com/news/2918247/global-contrast-media-contrast-agent-market-size-to-around-usd

https://www.openpr.com/news/2918195/global-thinned-starches-market-size-revenue-set-to-increase

https://www.openpr.com/news/2896081/global-tangential-flow-filtration-market-size-to-grow-at-a-cagr

https://www.indiamorningtimes.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.mumbaidailypost.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.indiaartstoday.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.indiaindustrypress.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.dehlidailytimes.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

http://www.chemicalspressreleases.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.entrepreneurshipreporter.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.worldadvertisingreport.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.themarketingcommunicator.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.frenchguianaentertainment.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.smallbusinessworldmagazine.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.asiapacificnewsnetwork.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.cayenneindustrytimes.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

https://www.asiapacificnewstoday.com/article/606076431-global-polymer-fillers-market-size-to-hit-new-levels-of-growth-with-usd-83-5-bn-earnings-by-2028-zion-market-research

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Read Blog - https://zmrblog.com/

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us-after all-if you do well, a little of the light shines on us.

Our Expertise

In Zion Market Research, we have built our team with industry analysts, domain experts, and consultants, who leverage their global experience that help us deliver excellence in all projects we undertake. Zion Market Research publishes over 100+ market research reports that provide data covering following aspects:

Market Research
Market Sizing and Forecasts
Industry Entry Strategies
Niche Market Trends
Novel Sustainability Trends
Innovation Trends
Customer Cognizance
Distribution Channel Assessment
Primary Interviews
Consumer Surveys
Secondary Research

Zion Market Research publishes high quality, in-depth market research reports that help clients in obtaining deep clarity on current business trends and future developments. We believe that only in-depth and detailed information can help clients take efficient business decisions.

This release was published on openPR.