GLOBAL CEMENT INDUSTRY

The worldwide cement industry is predicted to increase at a 3.3 percent compound annual growth rate (CAGR). Cement is one of the most important commodities in developing countries. Different types of products are now manufactured to suit various physical and chemical needs, such as durability and strength, in certain scenarios. The material is commonly utilised in large-scale construction projects like as residences, civil works, and industrial estates. The industry is categorised into three types: mixed, Portland, and others. The market is now being pushed by an increase in urban population, a rise in the number of residential projects, and increased construction sector investments around the world. Because of the increased need for residential spaces such as apartments and private bungalows, the growing population will have a significant impact on market growth. Furthermore, the industry is predicted to rise faster as the demand for amenities in residential areas grows. In addition, the growing need for non-residential enterprises such as malls, airports, industries, highways, and office buildings is predicted to fuel market expansion. The necessity for urbanisation has arisen as a result of increased job opportunities and improved quality of life. Government measures to encourage construction and infrastructure development in developing countries will drive up demand even further. Furthermore, increased demand for precast items such as blocks, panels, and roof tiles would increase worldwide cement consumption.

GLOBAL CEMENT BASED PRODUCTS INDUSTRY

The Global White Cement Market is expected to develop at a rate of 4% per year. White cement is comparable to grey Portland cement, but the colour, fineness, strength, and ease of use are all different. White cement is made in the same way as grey cement, however the basic components are vastly different. Because each 0.1 percent increase in iron oxide reduces cement reflectivity by 2.5 percent, resulting in darker cement, the iron oxide and iron sulphate content in the limestone is kept as low as possible. To smooth the process and produce excellent white cement for the end customer, all of the processes involved in the production of white cement require machinery equipment.

The Market For Cement-Based Wall Putty is expected to increase at a rate of 7.0 percent per year. The need for Wall Putty is expanding as the number of infrastructure, residential, and commercial projects grows. The building industry is boosting demand for Wall Putty, which is propelling the market in a positive manner.

Cementitious Waterproofing

Waterproofing can be defined as the process of making a structure or object waterproof or water-resistant such that it is unaffected by water under certain situations such as high moisture areas, interior seepages, showers, and so on. Only effective waterproofing can prevent water from entering. Waterproofing materials must be able to withstand damp conditions as well as being submerged, thus they must have a specified composition and be of high quality. Cementitious waterproofing are being applied in building structures (such as decks or damp patches), watercraft, canvas, electrical devices and paper packaging. Cementitious waterproofing provides a high bond strength to both steel and cement. Concrete in sulphate-contaminated ground is guaranteed by cementitious waterproofing. The Cementitious Waterproofing industry is driven by reasons such as increasing urbanisation, demand for compressive and water resistant quality products, and the developing construction industry.

The Global Portland Cement Market is expected to develop at a CAGR of roughly 4%. Portland cement is a grey-colored binding and adhesive substance that serves as a vital component in the construction industry. It’s an inorganic compound with a lot of iron oxide, chromium, manganese, and manganese oxide in it. Small amounts of chalk, bauxite, shell, clay, marl, slate, and shale are also present, which are heated at high temperatures. The market is primarily driven by the infrastructure and building industries, particularly in developing countries. Furthermore, rising demand for materials that use portland cement as a fundamental ingredient, such as concrete, mortar, stucco, and grout, is propelling the business forward. Plasters, screeds, building foundations, and roadbeds are all made with these materials. Rapid urbanisation around the world, as well as increased infrastructural investments by governments around the world, are propelling the market forward.

INDIA CEMENT INDUSTRY OVERVIEW

India is the world’s second-largest cement production. It is responsible for more than 7% of the world’s installed capacity. India’s infrastructure and construction sectors have a lot of room for growth, and the cement industry is likely to profit greatly from it. Some recent initiatives, such as the creation of 98 smart cities, are projected to provide the sector a significant boost. Several foreign players, including Lafarge-Holcim, Heidelberg Cement, and Vicat, have recently invested in the country thanks to favourable government policies. The ready availability of raw resources for creating cement, such as limestone and coal, is a crucial aspect that promotes the sector’s expansion. Because of the growing demand in many areas, including as housing, commercial development, and industrial construction, the cement industry’s demand is predicted to reach 550-600 MTPA. Various factors are influencing the expansion of the cement business, including increased demand from the building and infrastructure sectors, but most crucially, the Indian government is taking steps to develop 98 smart cities, which is the primary driver of the cement industry’s growth. Other government initiatives aimed at the cement industry, such as increased budget allocation for infrastructure development, improved housing segment, and various investment schemes for private players, such as auctioning limestone blocks, are attracting additional investments and having a positive impact on the industry.

TOP PLAYERS WORLDWIDE

• ACC Ltd.
• Aditya Birla Ultratech
• Ambuja Cement
• Argos USA Corporation
• Binani Industries Ltd.
• Birla Corporation Ltd.
• Buzzi Unicem S.P.A.
• Cemex
• CNBM International Corporation
• CRH PLC
• Drake Cement LLC
• Heidelbergcement
• Intercement
• Lafargeholcim
• Mitsubishi Cement Corporation
• Taiheiyo Cement Corporation
• The Siam Cement Group
• Titan Cement Company S.A.
• Ultra Tech Cement Ltd.
• Votorantim Cimentos