Portland Cement Market
REPORT DESCRIPTION
Portland Cement Market for Residential, Commercial, Infrastructure
and Other Applications (Bricks, Farm Construction, etc.) - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020
According to a recent market study published by Transparency Market Research (TMR), the demand
from the global portland cement market is slated to rise at a CAGR of 5.1% between 2014 and 2020.
The report states that the market, which totaled more than 3.6 bn tons in 2013, is expected to amount
to close to 5.2 bn tons by 2020. The report is titled “Portland Cement Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020’ and is available for sale on
the company website.
Portland cement plays an important role in construction applications. Worldwide, portland cement is
utilized in the construction of residential and commercial structures. In recent times, rapid
urbanization and infrastructural development in China, Brazil, India, South Africa, and Russia have
significantly contributed to the global portland cement market.Further, the Olympic Games in 2016
and the FIFA World Cup in 2018, which will be hosted by Brazil and Russia, respectively, will require
massive infrastructural development. These are two of the most high-profile sporting events in the
world and require world-class stadiums and other ancillary amenities for hosting the spectacle.
Browse The Full Report At: http://www.transparencymarketresearch.com/portlandcement-market.html
For example, the Russian government has allocated almost US$16bn for developing essential
infrastructure for the FIFA World Cup in 2018. However, stringent regulations for the use of portland
cement, which is related with environmental deterioration, may challenge this market. The report
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Transparency Market Research