Albany,
New York, June 15, 2017:
The
global Portland cement market is fragmented. Some of the leading
players operating in the Portland cement market are: Lafarge
SA, CNBM, Holcim, Heidelberg Cement, Italcementi, Anhui Conch, and
UltraTech Cement Ltd. Players in the market are looking towards
expansion in the emerging economies where there is a potential growth
in the construction industry. Thus, Portland cement producers will
establish new capacities in these areas or indulge in capacity
additions in the years to come. Players may participate in mergers
and acquisitions, partnerships, and collaborations to execute their
aim for expansion across different geographies, states a new report
published by a market intelligence company called, Transparency
Market Research (TMR).
This 78 page report gives readers a
comprehensive overview of the Portland Cement market. Browse Market
Research Report @
According
to the report, the global Portland cement market will reach 5.2 bn
tons by 2020 in terms of volume. On the basis of application, the
infrastructure and residential applications ruled the market in the
past. On the basis of geography, Asia Pacific is anticipated to
emerge as the most lucrative regional segment, followed by North
America and Europe. Asia Pacific is also expected to expand at the
fastest rate in the years to come on account of the highest
production of Portland cement as well as for the highest consumption
of the same. Rapid urbanization and steady improvement in the economy
will drive the region towards growth. The Rest of the World will also
witness healthy growth in the Portland cement market in the coming
years.
FIFA
World Cup 2018 to Create Growth Opportunities for Portland Cement
Market
The
lead author of this report states that growing importance of Portland
cement in construction applications will push the growth of the
market worldwide, and especially in Asia Pacific. The extensive use
of Portland cement for residential and commercial infrastructure
development is driving the market globally. Of late, China, Russia,
Brazil, South Africa, and India have contributed significantly to the
growth of the Portland cement market. The high demand for grouts and
mortars, which are used for the manufacturing of screeds, plasters,
road beds, and foundations, will propel the demand for Portland
cement in the years to come.
In
addition to these factors, the hosting of FIFA World Cup by Russia in
2018 is behind a heightened demand for Portland cement. This is
because the hosting of World Cup will require a huge infrastructure,
with top class stadiums, and other facilities. Therefore, the Russian
government has allocated over US$16 bn for the development of
spectacular stadium. Such events are expected to create growth
opportunities for Portland cement in the market.
Health
Hazards Caused by Portland Cement to Impact Demand
“On
the other hand, the environmental damage caused by the use of
Portland cement will threaten the demand for this cement as the world
becomes more aware and concerned about environmental conservation and
green movement,” says TMR. In addition to this, another factor
challenging the growth of the market is the fact that large amounts
of energy are used for the transport, manufacturing, or mining of the
Portland cement. This results in air pollution, and will be an
obstacle for the global Portland cement market. Extensive exposure to
Portland cement can cause severe damage to humans, causing health
disorders such as lung cancer and chemical burns.
Get accurate market forecast and analysis on
the Portland Cement market. Request a sample to stay abreast on the
key trends impacting this market@
This
information is based on the findings of a report published by
Transparency Market Research, titled, “Portland Cement Market
(Application - Residential, Commercial, and Infrastructure) - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 –
2020.”
The
global Portland cement market is segmented as follows:
Portland
cement Market - Application Segment Analysis
- Residential
- Commercial
- Infrastructure
- Others (Including cement bricks, farm construction, etc.)
Portland
cement Market - Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
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