Which
observes that the Portland cement market demand in 2013 was worth
3,670.8 million tons and is expected to reach 5,165.1 million tons by
2020, growing at a CAGR of 5.1% between 2014 and 2020. In terms of
revenue, the global market for Portland cement was estimated at USD
234.6 billion in 2013.
Browse
the full Portland Cement Market Report at
http://www.transparencymarketresearch.com/portland-cement-market.html
Portland
cement plays a vital role in various construction applications.
Portland cement is used for building various residential and
commercial structures across the globe. Global demand of Portland
cement is mainly driven by the growing urbanization in countries such
as China, India, Brazil, Russia and South Africa (BRICS countries)
and growing infrastructure investments in Middle East countries.
These factors are expected to remain the major driving forces for the
Portland cement market in the near future. Stringent environmental
regulations are expected to be the major challenge for cement
producers in the next few years.
Residential
and Infrastructure construction applications were the predominant
application segments of Portland cement, accounting for over 70% of
total demand in 2013.The demand for Portland cement is expected to
witness a robust growth in the next few years due to ever increasing
use Portland cement for construction applications across the globe.
Growing urbanization has led to an increase in demand for new
residential units and need for infrastructure development. Burgeoning
investments in infrastructure projects in the Middle Eastern
countries such as Qatar, Saudi Arabia and UAE are also anticipated to
provide a powerful impetus to Portland cement producers These factors
are anticipated to be the key driving factors for Portland cement for
the next few years.
Get
Sample of Portland cement Market Report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1891
Asia
Pacific accounted for about 65.0% of the total Portland cement market
in 2013, followed by North America and Europe. Asia Pacific is
expected to be the fastest growing regional market in terms of both
Portland cement consumption and production. This can be attributed to
the growing urbanization in this region. The economic development
coupled with increasing investments in infrastructure development in
Asia Pacific has led to the region emerging as a key destination for
Portland cement producers. This has encouraged various manufacturers
to concentrate their efforts on establishing new capacities in Asia
Pacific. Rest of the World is the other major region where Portland
cement consumption was very strong and is expected to grow in demand
with a CAGR of about 5.6% in terms of revenue from 2014 and 2020.
Browse
Press Release Portland Cement Market at @
http://www.transparencymarketresearch.com/pressrelease/portland-cement-market.htm
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)
Browse
All Chemical & Materials Market Research Reports @
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends 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.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Nachiket
90
Sate Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment