Aug 24, 2020   SOURCE: BusinessWire

Global Cement and Concrete Product Market (2020 to 2030) - COVID-19 Impact and Recovery - ResearchAndMarkets.com

The "Cement And Concrete Product Global Market Report 2020-30: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

This report provides the strategists, marketers and senior management with the critical information they need to assess the global cement and concrete product market as it emerges from the COVID-19 shut down.

The global cement and concrete product market is expected to decline from $370.1 billion in 2019 to $328.6 billion in 2020 at a compound annual growth rate (CAGR) of -11.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 12% from 2021 and reach $441.7 billion in 2023.

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Asia Pacific was the largest region in the global cement and concrete product market, accounting for 36% of the market in 2019. North America was the second largest region accounting for 23% of the global cement and concrete product market. Africa was the smallest region in the global cement and concrete product market.

Cement manufacturing plants are increasingly using digital technologies such as the internet of things (IoT) to improve plant efficiencies. IoT is a network of physical devices which communicate over the internet. IoT helps in remote monitoring and predictive maintenance of a cement plant. Remote monitoring is used to oversee operations of big vehicles in the quarries and to report on key metrics such as fuel consumption per tonne and operating hours. IoT can also be used to predict potential malfunctions and maintenance needs. In cement plants, predictive maintenance can improve up-time on critical cement equipment such as grinding mills and kilns. Other applications of IoT in the cement industry include tracking and measuring the durability of concrete mixture, reporting on compliance to international standards, and connected logistics to improve quarry production. Zoomlin, a ready-mix concrete production equipment manufacturer, is actively testing data-based metrics to improve operations of vehicles used in quarries.

The cement and concrete market consists of sales of cement and concrete products and related services by entities (organizations, sole traders and partnerships) that manufacture cement and concrete products such as concrete pipes, bricks, and paving blocks. The cement and concrete products manufacturing industry includes establishments engaged in manufacturing Portland cement, natural cement, masonry cement, pozzolanic cement, ready-mix concrete, concrete blocks, bricks, and pipes and related products.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Cement And Concrete Product Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Cement And Concrete Product Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Cement And Concrete Product Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Cement And Concrete Product Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Cement And Concrete Product Market Trends And Strategies

8. Cement And Concrete Product Market Size And Growth

8.1. Market Size

8.2. Historic Market Growth, Value ($ Billion)

8.3. Forecast Market Growth, Value ($ Billion)

9. Cement And Concrete Product Market Regional Analysis

9.1. Global Cement And Concrete Product Market, 2019, By Region, Value ($ Billion)

9.2. Global Cement And Concrete Product Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region

9.3. Global Cement And Concrete Product Market, Growth And Market Share Comparison, By Region

10. Cement And Concrete Product Market Segmentation

10.1. Global Cement And Concrete Product Market, Segmentation By Type

10.2. Global Cement And Concrete Product Market, Segmentation By Product

10.3. Global Cement And Concrete Product Market, Segmentation By Application

11. Cement And Concrete Product Market Metrics

11.1. Cement And Concrete Product Market Size, Percentage Of GDP, 2015-2023, Global

11.2. Per Capita Average Cement And Concrete Product Market Expenditure, 2015-2023, Global

Companies Mentioned

  • LafargeHolcim Ltd
  • China National Building Material Company Limited
  • Anhui Conch Cement Company Limited
  • CRH Plc
  • HeidelbergCement AG

For more information about this report visit https://www.researchandmarkets.com/r/d5qvlk