Blended Cement Market Scope
Blended cement is a uniform mixture of ordinary Portland cement (OPC) and blending materials such as fly ash, silica fumes, limestone and slag to improve its properties for various applications. It can improve workability, durability, strength and chemical resistance of concrete. It provides a finer texture than ordinary Portland cement when mixed and placed. It is an ideal choice for a wide range of applications such as domestic construction, major engineering project, pre-cast concrete, mining applications and specialist formulations. Enhanced bleed control, reduced water demand, reduced the potential for Alkali Aggregate Reaction are the key factors driving the growth of the blended cement market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Lafarge S.A. (France), HeidelbergCement Group (Germany), Dyckerhoff AG (Germany), Taiheiyo Cement (Japan), Cimpor (Portugal), Buzzi Unicem (Italy), Cement Australia Pty Limited (Australia), St. Marys Cement (India), Ramco Cements (India) and Lehigh Hanson, Inc. (United States) |
CAGR | % |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Blended Cement market throughout the predicted period.
Lafarge S.A. (France), HeidelbergCement Group (Germany), Dyckerhoff AG (Germany), Taiheiyo Cement (Japan), Cimpor (Portugal), Buzzi Unicem (Italy), Cement Australia Pty Limited (Australia), St. Marys Cement (India), Ramco Cements (India) and Lehigh Hanson, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are JSW Cement (India), Minergy Limited (Botswana) and Penna Cement (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Blended Cement market by Type , by Application (Residential, Non-residential and Infrastructure) and Region with country level break-up.
On the basis of geography, the market of Blended Cement has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In July , 2022 CalPortland is pleased to announce that the purchase of the Redding cement plant and other assets from Martin Marietta Materials, Inc. was successfully completed on June 30, 2022. In addition to the Redding cement plant in Northern California, the assets include related cement distribution terminals and 14 ready mixed concrete plants located in California.
In May 2019, Ramco Cements, which is in the midst of massive capacity expansion, has introduced what it calls India’s first crack-resistant premium blended cement Ramco Supercrete as the company seeks to graduate from a cement-maker to a cement solution provider.
Influencing Trend:
Demand for Environment Friendly Products
Market Growth Drivers:
Wide Variety of Benefits of the Blended Cement Such Durability, Low Water Requirement and Others, Increased Urbanization around the World and Increased Disposable Income of the People
Challenges:
Lack of Awareness among the Consumers
Restraints:
Fluctuations in the Raw Material Prices Such As Silica Fume and Limestone
Opportunities:
Growing Construction Industry Worldwide, Developments in the Infrastructure and Rising Government Investments in the Construction
Key Target Audience
Blended Cement Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user