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Masonry Cement Market Trends

  • Report ID: GMI12503
  • Published Date: Dec 2024
  • Report Format: PDF

Masonry Cement Market Trends

Sustainability is one of the most significant trends driving the market. As environmental concerns grow, there is increasing demand for construction materials that have a lower carbon footprint. Companies are responding by developing masonry cements that incorporate recycled materials like fly ash, slag, or silica fume. These cements are not only more environmentally friendly but also help reduce the overall cost of construction. Additionally, innovations in "green" cements, such as low-carbon or carbon-neutral products, are gaining traction. Governments worldwide are also promoting sustainability through regulations and incentives for the use of eco-friendly materials, which is further fuelling this trend. The move toward energy-efficient and passive house designs, which prioritize insulation and durability, also boosts the demand for such sustainable masonry products.
 

The growing renovation and remodelling market, particularly in mature economies, is another key driver of masonry cement demand. In developed regions like North America and Europe, there is an ongoing trend toward the refurbishment of older properties, which often requires masonry cement for repairs, upgrades, and structural reinforcements. This demand is further intensified by the rising popularity of mixed-use developments and adaptive reuse projects, where existing structures are repurposed for new functions, often requiring extensive masonry work. Furthermore, large-scale infrastructure projects, such as public transportation systems, highways, and airports, are continually contributing to the growing demand for masonry cement.
 

These projects require a reliable, durable material for foundations, walls, and other structural elements, making masonry cement an essential component in modern infrastructure development. As governments invest heavily in infrastructure as part of their economic recovery plans, particularly post-pandemic, the need for masonry cement remains robust.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global masonry cement industry was valued at USD 5.8 billion in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032, driven by rapid urbanization and increased construction activities worldwide.

The type N segment accounted for revenue of around USD 2.3 billion in 2023 and is estimated to grow at a CAGR of around 5.7% fr om 2024 to 2032, owing to its versatility in residential construction.

The U.S. holds an overall market share of around 82% in the North America masonry cement market, driven by increasing urbanization and the expansion of urban and suburban areas.

Major players in the industry include Ambuja Cements, Anhui Conch, Birla, Buzzi Unicem, Cemex, China National Cement Corporation, CRH, Dangote Cement, Heidelberg, Holcim, J.K. Cement, and Siam Cement.

Masonry Cement Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 18
  • Pages: 220
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