Global Portland Cement Market for Residential, Commercial, Infrastructure and Other Applications (Bricks, Farm Construction) - Trends and Forecast to 2020

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Sep 12, 2014, 11:20 ET

DUBLIN, Sept. 12, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Portland Cement Market for Residential, Commercial, Infrastructure and Other Applications (Bricks, Farm Construction) - Trends and Forecast to 2020" report to their offering.

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Portland cement is an important aspect of construction industry and it is used in a broad range of construction applications. The commercial applications of portland cement include residential construction, commercial constructions, infrastructure and others. The volume generated by the global portland cement market was 3,670.8 million tons in 2013.This market is expected to reach 5,165.1 million tons by 2019 and is anticipated to grow at a CAGR of 5.1% between 2014 and 2020.

Residential and infrastructure construction applications accounted for the largest share of the portland cement market in terms of both volume and revenue with over 70.0% share of total volume consumed in 2013. Portland cement used in commercial construction applications was the third largest product segment of portland cement followed by others. The portland cement industry exhibits a high degree of backward integration as majority of portland cement producers are also engaged in its upstream activities. This backward integration gives these participants a distinctive competitive advantage in terms of better raw material supply and better market dominance.

The demand for portland cement mainly stems from the growing construction activities across the globe. Growing urbanization in Asia Pacific has led to increased demand for housing and infrastructure development which has led to increased demand for Portland cement in this region. Countries such as China and India are expected to be the major drivers for Portland cement in the near future. These countries are expected to invest in infrastructure development in order to build basic infrastructure facilities. These investments are anticipated to boost the demand for Portland cement in this region.

Further, Brazil and Russia will host international tournaments such as Olympic Games and FIFA World Cup in 2016 and 2018 respectively. Such massive events require world-class infrastructure development in the form of stadiums and other ancillary amenities. In preparation for the FIFA World Cup in 2018, the Russian government has allocated approximately USD 16 billion to developing essential infrastructure. These factors are expected to drive the demand for cement in Russia and Brazil in the next few years.

Portland cement used for residential construction was the major application of portland cement accounting for about 45% of the portland cement market. There has been as increase in demand for portland cement used for residential construction due to the growing need for new residential units in Asia Pacific region. Also, in North America the construction sector is expected to witness stable growth in the next few years, on the backdrop of recent economic revival.

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Portland cement - Industry Analysis

Chapter 4 Portland cement: Application Analysis

Chapter 5 Portland cement market- Regional Analysis

Chapter 6 Company Profiles

Companies Mentioned: