Global Cement Market Anticipated to Reach USD 0.74 Trillion by 2024

New York, USA, 2018-Oct-16 — /EPR Network/ —According to Goldstein Research, global cement market is expected to reach USD 7.4 trillion by 2024, growing at a CAGR of 8.2% over the forecast period 2016-2024. Rise in the construction and building activities is one of the major drivers fuelling the global cement market growth. Global cement market segmentation has been done on the basis of product type, end user and geography. Based on product type, Portland cement accounted for over 58.0% of total market share in 2016 owing to its cost effectiveness and extensive use for wide applications as compared to other cement types. Global cement market is largely dominated by the Asia Pacific with a market share of 54.0% in 2016 owing to the presence of largest cement producing countries such as China, India, Indonesia, South Korea, and Vietnam.

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Market Segmentation

On the basis of our in-depth analysis, Global Cement Market can be segmented as follows:

Based on Product Type

  • Hydraulic Cement
  • Ordinary Portland Cement
  • Cement Clinkers
  • White Cement
  • Aluminous Cement
  • Geo-Polymer Cement
  • Other Cement (Puzzolona Lime Cement, Slag-Lime Cement, Supersulfated Cement)

Based on End-User

  • Residential
  • Commercial
  • Industrial

By Region

  • North America Cement Market Analysis, 2016-2024
  • Europe Cement Market Analysis, 2016-2024
  • The Middle East And Africa Cement Market Analysis, 2016-2024
  • Latin America Cement Market Analysis, 2016-2024
  • Asia Pacific Cement Market Analysis, 2016-2024
  • Rest Of The World Cement Market Analysis, 2016-2024

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“Cement Market Outlook 2024” contains a detailed overview of the global cement market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, end user and geography.

The Global Cement Market Report highlights the competitive outlook of major global players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of cement market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global cement market discussed in the report are: Anhui Conch Cement, CEMEX, CNBM International, HeidelbergCement, Sonoma, LafargeHolcim, Ultra Tech Cement, China Resources Cement Holdings, Taiheiyo Cement, China Tianrui Group Cement, Dalmia Bharat, Lucky Cement, BuzziUnicem, CIMPOR, UBE Industries, EUROCEMENT,Italcementi, Taiwan Cement, Votorantim, Jidong Development, Aditya Birla Group, Shanshui, Jaypee, India Cements Ltd, Titan, Mitsubishi Materials, Vicat , VICEM, JK Cement, Madras Cement Ltd.,etc.

Further, the Global Cement Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Cement Market share also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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Browse similar report on India Cement Industry Report published by “Goldstein Research” and Gather more accurate market data such as trends, demand, chain analysis, restrains, growth driver etc.

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