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Calcium Aluminate Cement Market Size

Report ID: GMI4855
Published Date: Aug 2023
Report Format: PDF

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Calcium Aluminate Cement Market Size

Calcium Aluminate Cement Market size is estimated to record a CAGR of more than 4.5% during 2023 and 2032. Driven by the rising demand for monolithic refractories that are widely used in iron & steel sector.

The increasing usage of iron and steel, along with their growing export volume is favoring the market outlook. Moreover, the thriving construction sector relies heavily on calcium aluminate cement (CAC) for its exceptional high-temperature resistance and rapid setting characteristics. The product is widely used in applications such as refractory concretes, precast elements, and repair mortars backed by its ability to refractory concretes, precast elements, and repair mortars. The surge in number of infrastructure development projects will augment the market growth.

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Calcium Aluminate Cement Market Growth Drivers & Restraints

The recent times have observed a significant shift toward sustainable construction materials. With a heightened focus on reducing the carbon footprint and enhancing the durability of structures, CAC emerges as a compelling choice due to its lower embodied carbon content and enhanced resistance to chemical attacks. Additionally, the specialized nature of applications that demand the unique properties of CAC might limit its uptake. The product also requires careful handling and expertise during the mixing and application, thus acting as a restraint for the wider adoption and restricting the growth of calcium aluminate concrete industry.

Calcium Aluminate Cement Market Report Attributes
Report Attribute	Details
Base Year:	2022
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	4.5%
Historical Data for:	2016 to 2022
No. of Pages:	110
Tables, Charts & Figures:	113
Segments covered:	Product, Region
Growth Drivers:	Growing demand for monolithic refractory Positive outlook for construction and infrastructure industry
Pitfalls & Challenges:	High cost of manufacturing

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Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of calcium aluminate cement is estimated to record a CAGR of more than 4.5% during 2023 and 2032, driven by the rising demand for monolithic refractories that are widely used in iron & steel sector.

The CAC 40 segment is anticipated to record a significant demand over 2023 to 2032, as the product composition of 40% alumina content imparts enhanced refractory properties that makes it a preferred choice for applications demanding exceptional thermal resistance and rapid setting capabilities.

Asia Pacific market is poised to register gains at nearly 6.5% till 2032, driven by numerous construction activities and industrial growth across the region.

Almatis GmbH, Kerneos Group, Çimsa Çimento Sanayi ve Ticaret A.?., Cementos Molins Industrial, RWC CEMENT, Gorka Cement, Ciments d'Oum El Kelil (CIOK), Calucem, Union Cement Company (UCC), U.S. Electrofused Minerals Inc. among others.