Global Cement and Concrete Market Outlook to 2028 - Urbanisation, Particularly in Emerging Markets is Driving Demand - ResearchAndMarkets.com
The "The Global Cement and Concrete Market Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.
The global construction industry is showing substantial growth which has been driving demand for cement and concrete. One of the key drivers behind the growth is urbanisation particularly in emerging markets. Meanwhile, rising per capita income is also underpinning demand for cement and concrete in the residential construction sector.
On the other hand, to provide better public services in transport, healthcare, energy etc, government spending is also on the rise, boosting demand for cement and concrete in the infrastructure sector. Major demand for cement and concrete is attributed to the infrastructure sector which is on the rise across the globe.
However, limited space in major cities and urban areas is driving the trend towards high rise buildings, which is also embraced by even in the developing markets. High rise buildings tend to become less concrete intensive, which will be a downside risk for cement and concrete going forward.
In developed markets, it is ascertained that there is a negative correlation between high rise buildings and cement and concrete demand. Most of these high rise buildings will increase the usage of more expensive materials such as glass in facades and steel beams in structures. However, in developing markets, multiple storey buildings will continue to use traditional materials such as cement, marble etc. But, there is a growing trend for skyscrapers in some parts of developing Asia and Central and South America. Indeed the building core will be cement and concrete intensive, though most of the outer and parts are likely to use alternative materials for various reasons such as aesthetics and lightweight.
Moreover, the environmental costs and labour shortages, particularly in developed markets, will remain a serious issue in the industry. Brexit, NAFTA renegotiations and the US strict policy on immigration will also play a key role in impacting demand and supply of cement and concrete in these markets. On the other hand OBOR, Saudi Vision 2030 and $1 trillion US infrastructure plan would be some of the key mega projects underpinning demand for cement and concrete. It is expected that a substantial amount of new cement supply will be added in emerging and developing markets to satisfy the growing demand.
Key Topics Covered
Chapter 1: Executive Summary
Chapter 2: Introduction and Methodology
Chapter 3: Asia
Chapter 4: Europe
Chapter 5: Central and South America
Chapter 6: North America
Chapter 7: Middle East, Africa and Oceania
Chapter 8: End-Use Sectors - Residential, Commercial and Infrastructure
Chapter 9: Competitive Landscape
Appendices
Appendix A: Import and exports statistics of cement by major countries 2012-2017 (volume and value)
Appendix B: Import and exports statistics of concrete by major countries 2012-2017 (volume and value)
Appendix C: Major under construction skyscrapers: location, height, floors completion dates and use
Appendix D: Macroeconomic and demographic indicators for selected countries 2014-2028
Appendix E: Construction of new buildings: dwellings, residential and non-residential in selected countries
For more information about this report visit https://www.researchandmarkets.com/research/8z5r6n/global_cement_and?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180502006216/en/