The global demand for Supplementary Cementitious Materials Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX Kilo Tons in 2020 and forecast to touch XX Kilo Tons by 2027 with a CAGR of XX% during 2021-2027.
Supplementary Cementitious Materials (SCMs) offer the characteristics of hardened concrete by hydraulic and pozzolanic activity when combined with portland cement, portland limestone cement, or blended cement. Ground granulated blast furnace slag (GGBFS) a by-product of the iron industry and fly ash which is a by-product from coal combustion in power plants, are examples of supplementary cementitious materials. Supplementary cementitious materials provide long-term and performance benefits to persons who construct and occupy a variety of structures. Cementitious mixes produce more robust, longer-lasting, high-performance concretes while decreasing global climate impact by lowering energy consumption and greenhouse gas emissions.
Several performance factors have contributed to the growing use of these environmentally friendly materials, including improved workability and consolidation, flexural and compressive strengths, pumpability, resistance to chlorides and sulphates, lower temperatures for mass concrete, mitigation of alkali-silica reaction, and decreased permeability. Moreover, the rise in construction activity worldwide is driving the global market for additional cementitious materials. Supplementary cementitious ingredients improve concrete's strength while reducing penetrability. Supplementary cementitious ingredients are also inexpensive. These elements are expected to bolster market growth. Additionally, the market is being boosted by the use of industrial waste in supplemental cementitious materials. The market for supplemental cementitious materials is expected to benefit from various types of industrial waste and dry waste in cement materials. Furthermore, pollution is reduced by recycling wastes like fly ash, ferrous slag, and silica fumes by using them in construction activities. It is also an effective waste management method. As a result, the market for supplementary cementitious materials is likely to grow. The market, however, is hampered by a lack of public understanding about the benefits of supplementary cementitious materials.
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 an inclusive assessment of each segment in the global market of supplementary cementitious materials. The growth and trends of Supplementary Cementitious Materials Industry provide a holistic approach to this study.
This section of the supplementary cementitious materials market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Fly Ash
- Slag Cement
- Silica Fume
This section covers the regional outlook, which accentuates current and future demand for the Supplementary Cementitious Materials market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Supplementary Cementitious Materials 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 supplementary cementitious materials market include ArcelorMittal SA, BASF SE, Boral Ltd, CEMEX SAB de CV, Ferroglobe Plc., LafargeHolcim Ltd., Sika AG, and Tata Steel Ltd. This section consists of 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.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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