Portland Cement Market
segments the portland cement market on the basis of applications and geography . By application , residential , infrastructure , commercial , and others ( farm construction , cement bricks , etc .) are the major segments of the portland cement market .
In 2013 , the infrastructure and residential construction applications led the market and collectively accounted for over 70 % of the demand for portland cement . The global portland cement market is divided into four geographical regions , namely North America , Asia Pacific , Europe , and Rest of the World ( RoW ). Asia Pacific was registered as the largest market for portland cement in 2013 . The region accounted for almost 65 % of the total market the same year .
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The region is expected to emerge as the fastest growing market for portland cement in terms of both consumption and production for the forecast period . Rising urbanization and economic development are attributed as the main factors responsible for the region emerging as the key destination for producers of portland cement . Consequently , several producers of portland cement are engaging in establishing new capacities or making capacity additions to existing plants in this region .
North America and Europe trail Asia Pacific in terms of revenue in the global portland cement market . The Rest of the World region also exhibits high consumption of portland cement , with the region expected to rise at a CAGR of 5.6 % in terms of revenue in the period from 2014 to 2020 . Some of the major companies operating in the global Portland cement industry are Lafarge SA , Heidelberg Cement , Anhui Conch , Ultratech Cement Ltd , Holcim , CNBM , and Italcementi .
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TABLE OF CONTENT
Chapter 1 Preface
Transparency Market Research
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