New Report on Global Concrete and Cement Market

Research and Markets has announced the addition of the "Global Concrete and Cement Market - Key Trends and Opportunities to 2017" report to their offering.

The Asia-Pacific region was the largest regional market, while Europe and North America were the second- and third-largest regional markets. A protracted economic recovery in the US and continuing uncertainty in the Eurozone are expected to reduce the market shares of these regions over the forecast period. Developing economies in Asia-Pacific, especially China, India and Indonesia, are expected to support the expansion of the concrete and cement markets, due to the rapid development of infrastructure and an increase in residential construction.

Key Highlights

• The global concrete and cement market valued US$449.4 billion in 2012. The Asia-Pacific region was the largest regional market and accounted for 58.1% of the global market.
• The Asia-Pacific concrete and cement market valued US$261.1 billion in 2012, recording a CAGR of 14.78% during the review period, outperforming all other regional markets. China constituted the largest share of the regional market, with a 71.4% share in 2012.
• With a value of US$193.9 billion and a 43.2% market share in 2012, Portland cement was the largest category in the global concrete and cement market. Ready-mix concrete was the second-largest category in 2012.
• In terms of growth, refractory cements, mortars and concretes is expected to be the fastest-growing category in the global concrete and cement market over the forecast period, with a CAGR of 9.62%.
• The European economies are struggling to find a balance between austerity and economic growth. While the region is expected to remain under stress for the rest of 2013, domestic investment and demand are expected to improve in 2014, strengthening GDP growth. Russia, which is Europe's second-largest construction market after France, is expected to be the main source of future growth in the region.
• Activity in the US is slowly regaining pace due to a surge in private residential construction, especially multi-family housing. However, recovery is expected to be gradual due to anticipated spending cuts to be imposed by the government from 2013.

Companies Mentioned:

• Lafarge SA
• Cemex, S.A.B. de C.V.
• China National Materials Co. Ltd
• Holcim Ltd
• HeidelbergCement AG

For more information visit http://www.researchandmarkets.com/research/7p44sr/global_concrete