TheBusinessResearchCompany’s “Cement And Concrete Market By Type Of Product(Cement Manufacturing, Ready-Mix Concrete Manufacturing, Concrete Pipe, Brick, And Block Manufacturing And Other Concrete Product Manufacturing) Market Overview And Players – Global Forecast To 2022” under Metal And Mineral Manufacturing category covers market characteristics, key players, market size and trends from 2019 to 2022.
The market for cement and concrete reached a value of nearly $439.2 billion in 2018, having grown at 7.0% since 2014. Growth in the historic period resulted from government initiatives boosting housing demand and low interest rates for mortgages in developed countries. Factors that negatively affected growth in the historic period were shortages of coal for cement production and high taxes on cement imposed by governments. The cement and concrete market consist of sales of cement and concrete products and related services by entities (organizations, sole traders and partnerships) that manufacture cement and concrete products such as concrete pipes, bricks, and paving blocks.
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Cement And Concrete Market Segmentation
The cement and concrete market is segmented by product type
By Product Type- The cement and concrete market can be segmented by product type into
b) Ready-Mix Concrete
c) Concrete Pipe, Brick And Block
d) Other Concrete Product Manufacturing
Other Concrete Product Manufacturing had the highest growth rate of nearly 10.1% during the historic period.
Sub-Segmentation By Product Type- The cement market can be sub-segmented by product type into
a) Portland cement, b) Clinkered Cement, c) Aluminous Cement
d) White Cement, e) Hydraulic Cement
The ready-mix concrete market can be sub-segmented by end use into
a) Residential, b) Commercial, c) Industrial
The concrete pipe, brick and block market can be sub-segmented by product type into
a) Pipes, b) Blocks and Bricks, c) Concrete Pavements
The other concrete product manufacturing market can be sub-segmented by product type into
a) Prefabricated Structures, b) Tiles & Flagstones
c) Concrete Articles, d) Panels and Boards
By Geography – The cement and concrete market is segmented into North America, Western Europe, Asia Pacific, Eastern Europe, South America, Middle East, Africa.
Asia- Pacific is the largest market for cement and concrete market, accounting for 44.0% of the global market. It was followed by Western Europe, North America, and other regions. Going forward, Eastern Europe and Africa will be the fastest growing markets in the cement and concrete market.
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