COVID-19 Impacts: Concrete and Cement Market Will Accelerate at a CAGR of Over 7% Through 2020-2024 | Growing Adoption of Smart Concrete to Boost Growth | Technavio

Technavio has been monitoring the concrete and cement market and it is poised to grow by USD 332.2 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions-

• At what rate is the market projected to grow during the forecast period 2020-2024?

• Growing at a CAGR of over 7%, the market growth will accelerate in the forecast period.

• What is the key factor driving the market?

• Growing adoption of smart concrete is one of the key factors driving the market growth.

• Who are the top players in the market?

• Adelaide Brighton Ltd., Cementir Holding SpA, CEMEX SAB de CV, China National Building Material Co. Ltd., CRH Plc, Fujairah Cement Industries PJSC, HeidelbergCement AG, LafargeHolcim Ltd., PPC Ltd., and Sumitomo Osaka Cement Co. Ltd. are some of the major market participants.

• Which region is expected to hold the highest market share?

• APAC

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Adelaide Brighton Ltd., Cementir Holding SpA, CEMEX SAB de CV, China National Building Material Co. Ltd., CRH Plc, Fujairah Cement Industries PJSC, HeidelbergCement AG, LafargeHolcim Ltd., PPC Ltd., and Sumitomo Osaka Cement Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing adoption of smart concrete has been instrumental in driving the growth of the market.

Concrete and Cement Market 2020-2024: Segmentation

Concrete and Cement Market is segmented as below:

• End-user
  • Residential
  • Non-residential
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Concrete and Cement Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our concrete and cement market report covers the following areas:

• Concrete and Cement Market size
• Concrete and Cement Market trends
• Concrete and Cement Market analysis

This study identifies the rising demand for green cement as one of the prime reasons driving the concrete and cement market growth during the next few years.

Concrete and Cement Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the concrete and cement market, including some of the vendors such as Adelaide Brighton Ltd., Cementir Holding SpA, CEMEX SAB de CV, China National Building Material Co. Ltd., CRH Plc, Fujairah Cement Industries PJSC, HeidelbergCement AG, LafargeHolcim Ltd., PPC Ltd., and Sumitomo Osaka Cement Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the concrete and cement market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Concrete and Cement Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist concrete and cement market growth during the next five years
• Estimation of the concrete and cement market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the concrete and cement market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of concrete and cement market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis
• Value Chain Analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market Outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Cement - Market size and forecast 2019-2024
• Concrete - Market size and forecast 2019-2024
• Market opportunity by product

PART 07: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Residential - Market size and forecast 2019-2024
• Non-residential - Market size and forecast 2019-2024
• Market opportunity by end-user

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Rapid urbanization and rising disposable income
• Use of carbon capture storage (CCS) plants
• Rising demand for green cement

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Adelaide Brighton Ltd.
• Cementir Holding SpA
• CEMEX SAB de CV
• China National Building Material Co. Ltd.
• CRH Plc
• Fujairah Cement Industries PJSC
• HeidelbergCement AG
• LafargeHolcim Ltd.
• PPC Ltd.
• Sumitomo Osaka Cement Co. Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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