The global demand for Portland Cement Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Portland cement is basic ingredient of concrete. It is an inorganic substance which contains large quantities of iron oxide, chromium, manganese and manganese oxide. Cement is manufactured through chemical combination of calcium, silicon, aluminum, iron and other ingredients.
Common materials used to manufacture cement include limestone, shells, and chalk or marl combined with shale, clay, slate, blast furnace slag, silica sand, and iron ore. These ingredients, when heated at high temperatures form a rock-like substance that is ground into the fine powder that we commonly think of as cement. Portland cement can be classified into various types including Type 1, 2, 3, 4, 5, 1A, 2A and 3A based on the different properties they exhibit including high durability and strength.
Global Portland cement market is expected to grow significantly owing to the thriving infrastructure and construction industries. Cement is highly economical, durable product that requires low maintenance, owing to which it finds extensive applications in the construction of bridges, dams, high-rise buildings, and residential and industrial complexes.
Portland cement finds use in various parameters including construction, infrastructure, cement bricks, plasters and screeds. Growing urbanization and industrialization are expected to further contribute towards Portland cement market demand owing to the increasing building of commercial and residential structures.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of portland cement.
The entire portland cement market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
This section covers regional segmentation which accentuates on current and future demand for portland cement market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Portland Cement Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the portland cement market include Mitsubishi Cement Corporation, Alamo Cement Company, Lafarge SA, Martin Marietta Materials, Inc., Heidelberg Cement, National Cement Company of California, American Cement Company, LLC, Holcim, Argos USA Corporation, ESSROC Cement Corporation, CNBM, Ash Grove Cement Company, Tanzania Portland Cement Company, QUIKRETE, CalPortland Company, Capitol Aggregates, Ltd., CEMEX. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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