Global Portland Cement Market: Infrastructural Development in Developing Regions to Bode Well for Growth, Finds Tmr

Transparency Market

Research

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

Published Date

26-Aug-2014

78 Page Report

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Global Portland Cement Market: Infrastructural Development

in Developing Regions to Bode Well for Growth, finds TMR

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Portland Cement Market

REPORT DESCRIPTION

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

The competition in the global portland cement market is intense due to the presence of a large number of

players, states Transparency Market Research (TMR) in a new report. With a high level of forward integration,

many leading companies have a distinct advantage over other companies present in the global portland

cement market. In order to consolidate their share in the market, manufacturers of portland cement are

focusing on enhancing their customer loyalty base. The four prime companies in the market, Lafarge, Holcim,

CNBM, and Anhui Conch accounted for a share of 24% in the global portland cement market. However, the

portland cement market is oversupplied as companies try to compensate the high fix cost of the product

through economies of scale.

The global portland cement market is projected to expand at a 5.1% CAGR from 2014 to 2020. The market

was worth US$257.7 bn in 2015 and is anticipated to reach US$332.2 bn by the end of 2020. Based on

application, the residential segment held the leading share in the global portland cement market in 2013 and is

expected to retain a lead until 2020. It accounted for a share of 45.9% in 2013 and is likely represent 46.6% of

the market in 2020. The popularity of portland cement in...