Global Blended Cement

Global Blended Cement Market Research Report: Forecast (2022-2027)

By Material (Silica Fume, Fly Ash, Slag, Limestone), By Application (Residential, Non-Residential), By Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa), By Company (AC Read more

  • Buildings, Construction, Metals & Mining
  • Oct 2022
  • 175
  • BM33016

Market Definition

Blended cement is sustainable cement prepared by substituting a part of the traditional Portland cement clinker with high-blending materials, ranging from silica fume & fly ash to slag & limestone. Its growing popularity worldwide owes to its benefits like improved durability, strength, workability, & chemical resistance of concrete and significantly reduced carbon emissions.

Market Insights

The Global Blended Cement Market is projected to grow at a CAGR of around 3.6% during the forecast period, i.e., 2022-27. The growth of the market would be propelled mainly by rapid urbanization across different countries, numerous ongoing & upcoming building & construction projects associated with both residential & non-residential sectors, and massive investments in infrastructure developments related to roads, bridges, dams, public utility structures, airports, military facilities, & power plants, etc.

Globally, India, Vietnam, Malaysia, Philippines, & Nigeria are emerging as highly lucrative areas for blended cement manufacturers owing to the booming construction industry with an exponentially increasing number of commercial & residential buildings in these countries. On the other hand, the market growth is decent in the US, Poland, South Korea, & Turkey.

With stringent government norms for various industries to eliminate or reduce the use of toxic materials in order to curb the alarming levels of carbon emissions, businesses have started adopting eco-friendly measures to contribute to a sustainable environment. Since Cement is one of the most prominent building & construction materials, dramatically rising construction activities & infrastructural developments are augmenting the demand for Blended Cement, i.e., a cost-effective alternative to traditional Portland cement and can significantly reduce CO2 emissions.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 3.6%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Argentina
Europe: The UK, Italy, Germany, France, and Others
Middle East & Africa: Saudi Arabia, South Africa
Asia-Pacific: China, India, Japan, South Korea, Others
Key Companies Profiled

ACC Limited, Anhui Conch Cement, CEMEX S.A.B. de C.V., Dalmia Bharat Group, Holcim Group, Heidelberg Cement, JSW Cement, Taiheiyo Cement Corporation, The Siam Cement Group, and UltraTech Cement Limited

Unit Denominations USD Million/Billion

 

Blended Cement has become increasingly popular among both consumers & builders in recent years, which owes to its benefits, including but not limited to low permeability, superior resistance to chlorides/sulfates, excellent strength, & enhanced workability. Hence, these aspects project numerous opportunities for the Global Blended Cement Market to witness notable expansion in the coming years.

Market Segmentation

Based on Material:

  • Silica Fume
  • Fly Ash
  • Slag
  • Limestone

Of them all, Slag as a blending material is projected to acquire a significant share in the Global Blended Cement Market during 2022-27. The mounting demand for quality & eco-friendly materials, coupled with the shifting energy trends away from coal-fired plants, are leading to the rapidly diminishing availability of fly ash globally. Consequently, the demand for slag-based blends that exhibit superior durability, versatility, strength, & low heat of hydration is rising worldwide, i.e., stimulating the blended cement industry.

Slag-based blended cement is ideal for sustainable infrastructure developments & facilitates exceptional housing facilities owing to its high compressive & flexural strength, better workability, superior finish, fewer cracking risks, & improved life. Hence, as a result of the rapidly growing population & urbanization, various countries worldwide are witnessing numerous commercial & residential construction activities, which, in turn, are escalating the demand for slag blends and fueling the blended cement market growth.

Based on Application:

  • Residential
  • Non-Residential

Here, the residential application of blended cement is projected to witness rapid growth and notably boost the overall industry in the coming years. It owes to a dramatic rise in residential building construction activities across Western & Eastern Europe, coupled with a robust rebound of the real estate sector in the developing countries of Central & South America, the Middle East & Africa, and Asia-Pacific, especially India & Indonesia, wherein commercial construction & infrastructural developments are also booming.

With the growing population rates and improving economic conditions of developing countries, massive investments are being observed in the residential sector, along with increasing housing facilities. As a result, there's a rapidly growing demand for blended cement for the development of residential buildings owing to their brilliant quality & durability, i.e., propelling the overall market growth.

On the other hand, the non-residential sector currently holds the largest share of the blended cement industry globally. It owes to massive investments by both governments & the private sector in infrastructural developments associated with roads, bridges, dams, trade centers, shopping malls, corporate spaces, power plants, etc., driven mainly by the booming tourism sector in conjunction with rapid urbanization globally.

Regional Landscape

Geographically, the Global Blended Cement Market expands across:

  • North America
  • South America
  • Europe 
  • Middle East & Africa
  • Asia-Pacific

Of all regions, Asia-Pacific is the largest Blended Cement Market globally, with China, the world's largest cement producer, as the leading country in the regional market. It owes to the rising population & rapid urbanization, improving economy, and substantial investments by governments in smart city projects & other infrastructure developments, especially across India & China. Despite the vast share of China in the blended cement industry, both globally & regionally, the country is witnessing a slow demand growth owing to the massive cement overcapacity, which has resulted in bans on new production plants & expansions.

Nevertheless, India is prominently backing the regional market growth, owing to its huge population, i.e., an enormous base for the exponential cement demand, and significant economic developments in recent years, which again cites an ever-increasing cement utilization in the country. These gains indicate the immense potential of the blended cement industry in India, i.e., yet to be untapped.

Furthermore, Indonesia & Vietnam are also emerging as notable areas of opportunities for blended cement manufacturers, mainly due to various ongoing & upcoming construction projects for healthcare facilities, residential buildings, transportation infrastructure like roads, railways, bridges, and energy infrastructure like power plants, dams, etc.

Market Dynamics

Key Drivers:

  • The booming construction sector with numerous ongoing & upcoming infrastructure development projects globally
  • Rising population, rapid urbanization, and improving disposable income of people across industrializing countries
  • A robust rebound of real estate across Europe, the Middle East & Africa, and Asia-Pacific
  • Stringent government regulations for industries to reduce CO2 emissions and adopt sustainable materials

Growth Restraints:

  • Limited availability of fly ash & blast furnace slag across many developing countries
  • Growing use of low-quality blending materials with performance qualities inferior to traditional Portland cement
  • Increasing adoption of cementitious materials (alternative to blended cement) by concrete companies

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Blended Cement Market?
  2. What are the region-wise size, growth drivers, and challenges for the Global Blended Cement Market?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Blended Cement Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Blended Cement Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Blended Cement Market study?

Frequently Asked Questions

A. The Global Blended Cement Market is expected to record around 3.6% CAGR during 2022-27.

A. The flourishing construction industry and the improving economy of developing countries are projected to drive the Global Blended Cement Market during 2022-27. On the other hand, the limited availability of pozzolanic materials and, consequently, the increasing use of inferior-quality blending materials are capping the consumption of blended cement, which would hamper the overall market growth in the coming years.

A. The residential application would emerge as a mega profit-generating opportunity for the key companies in the Global Blended Cement Market during 2022-27.

A. Asia-Pacific would remain the prominent revenue generator for the Blended Cement Market in the coming years.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  3. Executive Summary
  4. Impact of Covid-19 on the Global Blended Cement Market
  5. Global Blended Cement Market Regulations & Policies
  6. Global Blended Cement Market Trends & Insights
  7. Global Blended Cement Market Dynamics
    1. Growth Drivers
    2. Challenges
  8. Global Blended Cement Patent Analysis, 2022
  9. Global Blended Cement Market Supply Chain Analysis, 2022
  10. Global Blended Cement Market Hotspot & Opportunities
  11. Global Blended Cement Market Outlook, 2017- 2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Material
        1. Silica Fume
        2. Fly Ash
        3. Slag
        4. Limestone
      2. By Application
        1. Residential
        2. Non-Residential
      3. By Region
        1. North America
        2. Europe
        3. Asia-Pacific
        4. South America
        5. Middle East & Africa
      4. By Company
        1. Competition Characteristics
        2. Revenue Shares
  12. North America Blended Cement Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    4. Canada Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    5. The Mexico Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
  13. South America Blended Cement Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By Country
        1. Brazil
        2. Argentina
    3. Brazil Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    4. Argentina Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
  14. Europe Blended Cement Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By Country
        1. The UK
        2. Italy
        3. Germany
        4. France
        5. Others
    3. The UK Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    4. Italy Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    5. Germany Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    6. France Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
  15. Middle East & Africa Blended Cement Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By Country
        1. Saudi Arabia
        2. South Africa
        3. Rest of the Middle East & Africa
    3. Saudi Arabia Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    4. South Africa Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
  16. Asia-Pacific Blended Cement Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Value
      2. By Volume
    2. Market Share & Analysis
      1. By Material
      2. By Application
      3. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Others
    3. China Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    4. Japan Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    5. India Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
    6. South Korea Blended Cement Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Value
        2. By Volume
      2. Market Share & Analysis
        1. By Material
        2. By Application
  17. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles (Business Description, Solutions Offered, Business Segments, Financials, Future Plans)
      1. ACC Limited
      2. Anhui Conch Cement
      3. CEMEX S.A.B. de C.V.
      4. Dalmia Bharat Group
      5. Holcim Group
      6. Heidelberg Cement
      7. JSW Cement
      8. Taiheiyo Cement Corporation
      9. The Siam Cement Group
      10. UltraTech Cement Limited
  18. Disclaimer
Blended Cement Market Segmentation