The "Cement and Concrete Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global cement and concrete product market as it emerges from the COVID-19 shut down.
The global cement and concrete products market is expected to grow from $333. 26 billion in 2020 to $365. 58 billion in 2021 at a compound annual growth rate (CAGR) of 9. 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $481. 23 billion in 2025 at a CAGR of 7%.
China National Building Material Company Limited
Anhui Conch Cement Company Limited
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Asia Pacific was the largest region in the global cement and concrete products market, accounting for 37% of the market in 2020. North America was the second largest region accounting for 23% of the global cement and concrete products market. Africa was the smallest region in the global cement and concrete products market.
During the historic period, the shortages of coal supply were a major restraint on the cement manufacturing industry. Cement manufacturing is an energy-intensive process and a major portion of this energy comes from burning coal, especially in developing countries. Coal supply reduced globally during the historic period due to logistics issues and decline in investments in coal extraction, negatively affecting the cement manufacturing industry. This increased the costs of coal, and also the production costs for cement manufacturers, restricting the growth of the cement and concrete market.
Governments globally launched initiatives to provide funds and subsidies to make housing affordable, especially for low income families , which drove the demand for cement and concrete. These subsidies allowed customers to borrow money at low interest rates to invest in new houses. The government of Australia, for example, provides a grant of $15,000 through the 'First Home Owners Grant' scheme for purchase or construction of homes by first time buyers. The Indian Government launched the "Housing for All by 2022" mission which provides grants for slum rehabilitation and construction of new houses. Such government initiatives encouraged people to construct new houses and drive growth in the housing market increasing the demand for cement in the historic period.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Cement and Concrete Products Market Characteristics
3.1. Market Definition
3.2. Key Segmentation
4. Cement and Concrete Products Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Cement and Concrete Products Market Supply Chain
5.1. Supply Chain
5.3. End Customers
6. Cement and Concrete Products Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Cement and Concrete Products Market Trends and Strategies
8. Impact of COVID-19 on Cement and Concrete Products
9. Cement and Concrete Products Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.3. Forecast Market Growth, Value ($ Billion)
10. Cement and Concrete Products Market Regional Analysis
10.1. Global Cement and Concrete Products Market, 2020, by Region, Value ($ Billion)
10.2. Global Cement and Concrete Products Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Cement and Concrete Products Market, Growth and Market Share Comparison, by Region
11. Cement and Concrete Products Market Segmentation
11.1. Global Cement and Concrete Products Market, Segmentation by Type
11.2. Global Cement and Concrete Products Market, Segmentation by Product, Historic and Forecast
11.3. Global Cement and Concrete Products Market, Segmentation by Application
12. Cement and Concrete Products Market Metrics
12.1. Cement and Concrete Products Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Cement and Concrete Products Market Expenditure, 2015-2025, Global
For more information about this report visit https://www.researchandmarkets.com/r/x05bdy
View source version on businesswire.com: https://www.businesswire.com/news/home/20210128005644/en/
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