The Global Concrete and Cement Market - Key Trends and Opportunities to 2020
Concrete and Cement |
Description-
Synopsis
The
global construction
industry has been weak since 2015, due to a slowdown in the pace of
expansion in China, and decline in oil prices, which undermined
investment growth in major oil producing countries and weakness in
key emerging markets.
The
global concrete and cement market value contracted by 5.3% in 2015
measured in nominal US dollar terms. This was preceded by annual
average growth of 4.1% over the preceding three years. The market is
expected to register sluggish growth in 2016, of 0.8%, before
steadily regaining growth.
According
to Timetric, the global value of the concrete and cement market in
nominal US dollar terms is forecast to record a compound annual
growth rate (CAGR) of 5.36% over the forecast period; up from 1.66%
recorded during the review period.
Asia-Pacific
was the largest regional market for concrete and cement, accounting
for 62.5% of the global market in 2015. It was followed by Europe and
North America with respective shares of 12.8% and 11.0%. Recovery in
European and North American countries and development in Asia-Pacific
economies are expected to support the markets expansion over the
forecast period.
Table
of Contents
1
Executive Summary
2
Global Construction Outlook
2.1
Global
2.2
North America
2.3
Europe
2.4
Asia-Pacific
2.5
Middle East and Africa
2.6
Latin America
3
Global Concrete and Cement Market Analysis
3.1
Global Market
3.2
Asia-Pacific Market
3.3
North American Market
3.4
European Market
3.5
Middle Eastern and African Market
3.6
Latin American Market
4
In Focus: Portland Cement Production Analysis
5
Market Data Analysis
5.1
Argentina
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