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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