Portland Cement Market Trends 2014 - 2020

Transparency Market Research

Portland Cement Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date 26-Aug-2014

78 Page Report

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Press Release Global Portland Cement Market is Expected to Reach USD 5,165.1 Million Tons by 2020: Transparency Market Research

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Portland Cement Market

REPORT DESCRIPTION

Portland Cement Market for Residential, Commercial, Infrastructure and Other Applications Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 Transparency Market Research has released a new market report titled "Portland Cement Market for Residential, Commercial, Infrastructure and Other Applications (Bricks, Farm Construction, etc.) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," which observes that the Portland cement market demand in 2013 was worth 3,670.8 million tons and is expected to reach 5,165.1 million tons by 2020, growing at a CAGR of 5.1% between 2014 and 2020. In terms of revenue, the global market for Portland cement was estimated at USD 234.6 billion in 2013. Portland cement plays a vital role in various construction applications. Portland cement is used for building various residential and commercial structures across the globe. Global demand of Portland cement is mainly driven by the growing urbanization in countries such as China, India, Brazil, Russia and South Africa (BRICS countries) and growing infrastructure investments in Middle East countries. These factors are expected to remain the major driving forces for the Portland cement market in the near future. Stringent environmental regulations are expected to be the major challenge for cement producers in the next few years. Browse the full Portland Cement Market Report...