Global Cement & Aggregates Industry to reach USD 7.5 billion by 2025.
Global Cement & Aggregates Industry valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2019-2025. The Cement & Aggregates Industry is continuously growing in the global scenario at significant pace. Cement is the fine mineral powder manufactured with very precise processes. The increasing in global population has encouraged more people to shift to cities. This trend has made it mandatory for the development of smart cities. Therefore, the increase in construction of smart cities will be one of the primary factors that will fuel the growth of the Industry across the globe. Also, increasing demand from construction activities is the substantial driving factors of the Industry across the globe. Moreover, growing demand from emerging economies is the factors which likely to create lucrative opportunities in the Industry over the upcoming years. Further, cement & aggregates are easily available in most of the places, the durability of cement is very high, the maintenance cost of cement is almost negligible and so on. These benefits are also increasing sales of cement in the Industry across the globe. However, high cost associated with cement & aggregate is one of the major factors that limiting the growth of Industry during the forecast period. The regional analysis of Global Cement & Aggregates Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Cement & Aggregates Industry Share and Size by 2019-2025
Cement & Aggregates Market Segmentation:
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Cement & Aggregates Market are as follows:
Siam Cement Group
China Resources Cement Limited