Cement Market Analysis 2021-2025: Adelaide Brighton Ltd., Argos Ltd., Cementir Holding NV, and CEMEX SAB de CV are among Major Vendors 

The cement market share is expected to increase up to 749.21 million tons, accelerating at a CAGR of 3.34% during the forecast period. The use of alternative fuels is one of the major cement market trends that will positively influence market growth. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Cement Market: Key Market Driver

One of the primary factors that will trigger the growth of the cement market size is increasing investments in road and highway infrastructure projects. However, the increase in construction costs is a major hindrance to the cement market growth.

Technavio's research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip businesses with actionable insights that will help them leverage opportunities and formulate growth strategies.

Cement Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Adelaide Brighton Ltd., Argos Ltd., Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co. Ltd., HeidelbergCement AG, LafargeHolcim Ltd., Taiheiyo Cement Corp., The Siam Cement Public Co. Ltd., and Votorantim SA are some of the major cement market vendors. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download the Free PDF Sample Report

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 3.34%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 749.21 million tons.
    
3. What is a key factor driving this market?
   Increasing investments in road and highway infrastructure projects will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   71% growth will originate from APAC.
    
6. Who are the leading market vendors?
   The leading vendors in this market are Adelaide Brighton Ltd., Argos Ltd., Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co. Ltd., HeidelbergCement AG, LafargeHolcim Ltd., Taiheiyo Cement Corp., The Siam Cement Public Co. Ltd., and Votorantim SA.
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (Residential construction, Non-residential construction, and Infrastructure) and Geography (APAC, North America, Europe, MEA, and South America).