Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:

Cement Market to Reach USD 463 Billion by 2026; Company Mergers are a Growing Trend Among Manufacturers and Construction Companies, says Fortune Business Insights™

% of readers think this story is Fact. Add your two cents.

The global cement market size is projected to reach USD 463.0 billion by the end of 2026. The rising construction activities will have a huge impact on the growth of the overall market in the coming years. According to a report published by Fortune Business Insights™, titled Cement Market Size, Share and Industry Analysis, By Type (Portland, Blended, and Others), By Application (Residential, and Non-Residential), and Regional Forecast 2019-2026,” the market was worth USD 312.5 billion in 2018 and will exhibit a CAGR of 5.2% during the forecast period, 2019-2026.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

Cement is a binding structure that is widely used in construction and building activities. The product is used on a large scale across the world. The massive demand and subsequently rising production has opened up a huge potential for the companies operating in the market. Recent advances in manufacturing techniques for cement and ingredients used will aloe improved operational capabilities.

The low cost of cement is a primary reason why it is being used on a large scale across the world. The presence of several large scale companies operating across the world will emerge in favor of market growth. The massive investments in the production of cement and cement products will bode well for the market in the foreseeable future. Moreover, the ease of availability of raw materials will emerge in favor of market growth.


Company Mergers are a Growing Trend Among Major Businesses

The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and collaborations has made the highest impact on market growth. Accounting to the constant demand for cement, construction companies are partnering with cement manufacturers on a long term-basis to ensure seamless production and availability of the product.

In March 2019, CEMEX Ventures announced that it has signed an agreement with Tefken Ventures. The collaboration is aimed at innovations in construction sites and aid startups that are looking to enter the construction industry. Hansen Holding’s acquisition of Alex Fraser Group is another example of a major M&A in recent times. The report briefly discusses the impact of such company mergers on the growth of the cement market. Furthermore, the report includes major company mergers, similar to the aforementioned developments, and highlights their impact on market growth.


Asia Pacific to Emerge Leading; Increasing Construction Activities to Aid Growth

The report analyses the ongoing market trends across fiver major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Asia Pacific is projected to emerge dominant, driven by the massive demand for the product in several countries across this region. The increasing construction activities in emerging countries such as India and China will contribute to market growth.

Increasing infrastructure development activities will create several growth opportunities. The constantly rising population in India as well as China has a direct impact on the rise of the construction industry and subsequently affect the cement market in this region.

Besides the Asia Pacific, North America will witness considerable growth in the coming years owing to increasing demand for the product. As of 2018, the market in North America was worth USD 12.3 billion and this value is likely to increase further in the coming years. The market in North America will derive growth from the presence of several large scale companies operating in numerous countries across this region.


Industry Developments:

June 2017: UltraTech Cement announced that it has completed the acquisition of cement plants of Jaiprakash Associates Limited. Through this acquisition, the company aims to enter the high growth markets in India.



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Humic & Fulvic Liquid Trace Mineral Complex

HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.

Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...


It Always Tests at 9.5+ pH

Preservative and Chemical Free

Allergen Free

Comes From a Pure, Unpolluted, Organic Source

Is an Excellent Source for Trace Minerals

Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents

Highly Conductive/Full of Extra Electrons

Is a Full Spectrum Complex

Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.

Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.