Top Cement Manufacturing Companies Worldwide 2022
The Cement is a grey-colored, fine-powdered compound that is mainly used for binding materials for different construction purposes. It is characterized by its signature grey color and primarily consists of clay, slate, chalk, silica sand, iron ore, limestone and blast furnace slag. It is manufactured by heating a mixture of these materials compiled in a rotary kiln at high temperatures to form a rock-like substance and then grinding it into a fine powdered form.
Request Free Sample Report: https://www.imarcgroup.com/cement-manufacturing-plant/requestsample
According to IMARC Group, the global cement market reached a value of US$ 344.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 488.4 Billion by 2027, exhibiting a CAGR of 6.1% during 2022-2027.
Some of the top Cement Manufacturing Companies in World 2022 being:
- CNBM International Corporation
- Holcim Ltd.
- Anhui Conch Cement Co., Ltd.
- Jidong Development Group Co. Ltd.
- HeidelbergCement AG
The top cement manufacturing companies are increasingly finding success by marketing the products for the extensive construction activities. This can be attributed to the rapid expansion in the population rates that is increasing the number of residential buildings. Some of the other factors creating lucrative growth opportunities for the market players include the augmenting demand for precast products, including blocks, panels, and roof tiles, the rising adoption of green cement and large investments in various research and development (R&D) activities.
Global Cement Market Trends:
Escalating demand for residential spaces and the expanding construction activities across the globe are primarily driving the cement market. Besides this, the elevating popularity of mega infrastructure projects, especially in emerging economies, is further augmenting the market growth. Apart from this, the increasing utilization of thermal energy in cement manufacturing, on account of the growing environmental concerns, and continuous technological advancements in the production process are also catalyzing the global market.
Moreover, the rising purchasing capacities of individuals and the rapid industrialization levels across countries are acting as significant growth-inducing factors. Furthermore, the expanding focus on sustainable development and the impelling need for green cement as it minimizes CO2 emissions generated during the construction of buildings are expected to bolster the cement market in the coming years.
Explore Complete Blog by IMARC Group: https://www.imarcgroup.com/cement-manufacturing-companies
Important Note: We request you to copy the link and open it to a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cement market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on type and end-use.
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Also Read: Top Halal Food Manufacturing Companies Worldwide 2022 | IMARC Group: https://whatnews2day.com/top-halal-food-manufacturing-companies-worldwide-2022/