Concrete and Cement Market Growth to 2020 Driven by Construction Industry
ReportsnReports.com adds Global Concrete and Cement Market 2016-2020 latest research report, the analysts forecast global concrete and cement market to grow at a CAGR of 7.85% during the period 2016-2020.
Pune, India – April 4, 2016 /MarketersMedia/ —
The concrete and cement market report analyst said the process of cement manufacturing involves the release of hazardous wastes. Quarry operations and crushing may result in physical injuries or loss of life. Improvement of safety standards by altering the work environment is becoming one of the prime focuses of employers. Particular attention is laid on training workers to avoid injuries and respond suitably to accidents at sites. Advances in technology have also helped by enabling the continual monitoring of emission levels.
Complete report on concrete and cement market spread across 58 pages, analyzing 4 major companies and providing 41 data exhibits is now available at http://www.reportsnreports.com/reports/521065-global-concrete-and-cement-market-2016-2020.html.
According to the 2016 concrete and cement market report, the supportive policy measures from governments and regulators, and an increase in disposable income in the middle-class population are some of the factors spurring the affordable housing market.
Recent advances in manufacturing technology will aid in the growth of concrete and cement market during the forecast period. Due to the growth of the construction market, the production of cement will rise at a high rate over the next few years. This increase in the production of cement will lead to a noticeable increase in the global CO₂ emissions. Consequently, many cement manufacturing companies are utilizing nanoparticles for the production of cement as it helps to decrease the level of emissions. Moreover, the extensive use of axial fans instead of centrifugal fans will also help to boost manufacturing efficiency and will ultimately lead to the growth of the market over the next four years. Order a copy of Global Concrete and Cement Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=521065.
Geographical segmentation of the cement market – Americas, APAC, Europe and ROW
The APAC region will be the largest market for cement during the forecast period and will account for an impressive market share of more than 56% by 2020. The replacement of technologically obsolete and small manufacturing plants with better-equipped manufacturing units will lead to the strong growth of this market in APAC.
Geographical segmentation of the concrete market – Americas, APAC, Europe and ROW
In this market analysis, the analysts have estimated APAC to account for approximately 64% of the total market share by 2020. Factors such as increasing investments in the infrastructure sector and the rising preference for prefabricated construction and the construction of concrete roads will lead to the steady growth of this market in the APAC region.
Competitive landscape and key vendors
The global concrete and cement market is fragmented due to the entry of numerous small- and- medium-sized manufacturers. In this market, the companies are adopting strategies like M&A to increase their market shares at a global level. In 2015, China was the largest cement manufacturer globally, but due to increasing competition, the cement manufacturers in China have started altering their production approach to maintain their market shares.
Key players in the global concrete and cement market: Anhui Conch Cement, CNBM, Heidelberg Cement, and LafargeHolcim.
Other prominent vendors in the market are: Birla Cement, Cemex, Italcementi, JK Cement, Prism Cement, and Ramco Cement.
Further, the report states that one of the major challenges faced by the concrete and cement market is excessive logistics expenditure
Another related report is Global Cement Industry Outlook 2016-2020, the analysts forecast global cement industry to grow at a CAGR of 9.23% during the period 2016-2020. This report covers the present scenario and the growth prospects of the global cement industry for 2016-2020. The report provides a classification of the leading vendors based on operating plants and production volumes of cement. Browse complete report @ http://www.reportsnreports.com/reports/461239-global-cement-industry-outlook-2016-2020.html.
Key players in the global cement industry: LafargeHolcim, CNBM, Anhui Conch Cement, Heidelberg Cement, Cemex, Italcementi and Taiwan Cement
Other prominent vendors in the market are: China Resources Cement Holdings, UltraTech Cement, Taiheiyo Cement, China Tianrui Group Cement, Dalmia Bharat, Lucky Cement, Colacem, Buzzi Unicem, CIMPOR, and Ube Industries.
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