Press release
Cement is expected to grow at a CAGR of approximately 8% during the forecast period
Market Research Future published a Half Cooked Research Report on Cement Market. The Global Market for Cement is majorly driven by growing demand for infrastructure in emerging nations.Market Highlights
The Global Market of Cement is growing rapidly. Focus towards construction, and infrastructural development makes cement popular among manufacturers. Mortar and concrete is estimated to account for the largest share in the Cement Market. Moreover, government is also pushing the market of cement for better infrastructure facility to support increasing population in emerging nations. Whereas high capital costs and long gestation periods acts as a significant entry barrier. New trend shows that China leads the market followed by India in cement production. Overall, demand for cement is expected to rise notably during the next few years.
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Taste the market data and market information presented through more than XX market data tables and XX figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Cement Report -Forecast to 2022”.
The prominent players in the Cement includes- Lafarge, Holcim Ltd, Anhui Conch Cement Company Ltd, HeidelbergCement AG, Jidong Development Group Co. Ltd., CEMEX S.A.B. de C.V., China National Building Material Company Ltd., UltraTech Cement Limited, Mitsubishi Materials Corporation and Shanshui Cement Group Ltd.
Market Research Future Analysis:
Market Research Future analysis shows that the Global Market of Cement Market is estimated to grow at a CAGR of around 8% during the forecast period. Growing consumer demand for construction, infrastructural developments are the major factors which are driving the market of Cement. Sustained growth in housing sector, government emphasis on infrastructure and increased global demand exceeding the demand for cement industry and resulted into improved efficiency, transportation and logistics. Asia-Pacific region is leading the market of Cement in terms of value. This is because of the growth in construction industry and rapidly rising urban population are the boosting factors for the market. Cement demand is growing in housing and infrastructure sector. The Government's thrust on housing and infrastructure development ,various initiatives like rural employment guarantee ,low cost housing in urban and rural area under schemes and other fuel the Market Cement Demand.
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Cement is a fine mineral powder manufactured with very precise processes. Mixed with water, this powder transforms into a paste that binds and hardens when submerged in water. Because the composition and fineness of the powder may vary, cement has different properties depending upon its makeup.
Cements…
