Urbanisation is driving a rise in construction projects and the need for more Portland cement, according to a new Transparency Market Research (TMR) report.
The new report titled ‘Global Portland Cement Market: Analysis, Size, Share, Growth, Trends and Forecast 2013-2019’ also highlights how growth in nuclear families, the increasing need for investment in infrastructure and rising disposable income are set to increase demand for Portland cement within the forecast period. TMR also notes an exponential rise in the Portland cement industry in developing countries such as China and India on account of the increasing infrastructural activities in these regions.
Production of Portland cement releases carbon dioxide which harms the environment. Presence of stringent government regulations on Portland manufacturing industries on account of the emission of hazardous air pollutants during its manufacturing process may hamper the Portland cement market, the TMR report comments. Furthermore, TMR believes other types of cements, such as blended cement, are expected to gain share over Portland cement over the next few years on account of its lower cost and better environmental features. However, the report points out how ongoing research and development on Portland cement for bone tissue engineering may open new opportunities for the growth of the Portland cement market within the forecast period.
Asia Pacific was the largest regional market of Portland cement in 2012 on account of the rapid development of infrastructure in developing countries such as China and India. In addition, Europe was the second-largest market on account of uncertainty in the Eurozone.
Some of the leading manufacturers of Portland cement include
This research report analyses this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report includes North America, Asia Pacific, and Europe.
