Global Cement Market (Production, Consumption, Imports & Exports): Insight, Trends and Forecast (2019-2021)
The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Cement Market on the basis of stating current situation of the industry in 2020.
The global cement consumption volume is expected to reach 4.42 billion ton in 2021, growing at a CAGR of 2.96%, for the duration spanning 2018-2021.
Factors such as increasing construction activities, rising urbanization and higher disposable income are likely to drive the growth of the market. However, the growth of the market would be challenged by depleting fossil fuel reserves. A few notable trends include expansion of civil engineering sector on global scale, rising demand for green cement and increasing infrastructure projects in developing regions.
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The following Companies are covered
LafargeHolcim, Heidelberg Cement, Anhui Conch, Cemex, Vulcan Materials and Eagle Materials
Latest News and Developments
22 April 2020: Switzerland: The board of directors of LafargeHolcim will request its shareholders to approve the appointment of Philippe Block and Kim Fausing as new members at its annual general meeting (AGM), due to be held on 12 May 2020. The appointments are intended to add perspectives from academia and the building industry to the board.
30 April 2020: Jan Jenisch, CEO: “We are confronting an unprecedented health crisis with COVID-19 that is changing how we live and how we work in many ways. Keeping our employees healthy and safe is our number one priority and core value. In early January, when the first signs of the pandemic emerged, we were quick to respond and take all the necessary measures to protect the health of our people while supporting our partners and communities, in full alignment with local authorities across our markets.
The global cement industry is expanding in terms of production as well as consumption volume. The rising construction activities at a fast pace is promoting the cement demand considerably. The market demand for cement from civil engineering industry is rising strongly, due to the increasing investment by government on residential as well as public work sectors. This is enabling the cement manufacturers to produce cement on a large scale and thereby raising the consumption volume also.
The largest regional market is China, owing to the growing construction sector at a fast pace. Further China is likely to witness some fall in consumption volume due to economic conditions and high prices of cement. Moreover, Emerging Asia (including India and Indonesia) and Middle East & Africa (including Egypt and Algeria) are also likely to grow considerably in coming years.
The Main objectives of this report are:
- To analyze global Cement status, future forecast, growth opportunity, key market and key players.
- To present the Cement development in United States, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
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The research includes historic data from 2015 to 2020 and forecasts until 2021 which makes the report’s an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Key Target Audience:-
Raw Material Suppliers
End Users (Infrastructure Industry and Construction Industry)
Industrial and infrastructure Consultants
Government Bodies & Regulating Authorities
Furthermore, this study will help to solve the following issues:
- Cyclical dynamics-Report forese dynamics of industries by using core analytical and unconventional market research approaches.
- Identifying key cannibalizes– Strong substitute of a product or service is the most prominent threat. Report includes key cannibalizes of a market, by procuring market research. This helps in aligning new product development/launch strategies in advance.
- Spotting emerging trends– Report helps to spot upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by a particular emerging trend.
- Interrelated opportunities–This report will allow to make decisions based on data, thereby increasing the chances that the strategies will perform better.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team
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