Concrete and Cement Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global concrete and cement market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Cement is a substance made by calcining lime and clay. When cement is mixed with sand, gravel, and water, it becomes concrete. Concrete and cement are binding materials used with other materials, such as stones and bricks, for the construction of buildings. They are also used for manufacturing bricks, industrial-grade pipes, and paving blocks. Concrete and cement are highly durable and provide enhanced protection against rust, extreme weather conditions, and dust. As a result, they have widespread applications in the construction industry.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Global Concrete and Cement Industry Trends and Drivers:
The growing construction of residential and commercial complexes, especially in developing countries, is primarily catalyzing the global concrete and cement market. Moreover, the increasing rate of population and urbanization is also augmenting the market growth. Apart from this, the escalating government investments in road construction and re-development are acting as another growth-inducing factor. Furthermore, the elevating number of manufacturing units and the extensive availability of raw materials and low-cost labor is positively impacting the global market. In addition to this, several other factors, such as the widespread usage of waste and by-products like calcium and silica as binding materials to minimize carbon emissions, are expected to fuel the growth of the global concrete and cement market in the coming years.
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Global Concrete and Cement Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the global concrete and cement with the leading players profiled in the report.
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