Portland Cement Market
Portland cement is also used for renovation and maintenance activities . In addition , increased urban population in various regions is expected to create demand for better housing , which in turn is expected to boost the demand for Portland cement for residential application across the globe .
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Asia Pacific Most Lucrative Regional Market The global Portland cement market demonstrates growth prospects due to ample score for cement demand across the world . Currently , Asia Pacific serves the maximum demand , and is expected to remain the most lucrative region during the forecast period . This is a reflection of factors such as growth in the number of residential constructions and infrastructure development projects undertake in the region . Increase urbanization in countries such as China and India is expected to offer strong market demand for Portland cement in the next few years . China has allotted around 1.9 billion square meters of flood spare for residential construction in the next few year . Similar construction activities have been planned in countries such as India , Indonesia , and Malaysia . North America is the second most lucrative region , followed by rest of the world , which is gaining from the upcoming world cup 2022 in Qatar .
Some of the key players in the global Portland cement market are Lafarge SA , Heidelberg Cement , Holcim , CNBM , Italcementi , Anhui Conch , and UltraTech Cement Ltd .
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