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Masonry Cement Market (Type - Type N, Type S, and Others; Application - Residential Construction, Non-residential Construction, and Industrial Construction): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Masonry Cement Market (Type - Type N, Type S, and Others; Application - Residential Construction, Non-residential Construction, and Industrial Construction): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Report Code: CM00914 Category: Chemicals & Materials Published: July, 2022

A recent report published by Infinium Global Research on masonry cement market provides in-depth analysis of segments and sub-segments in the global as well as regional masonry cement market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional masonry cement market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global masonry cement market. According to the report, the global masonry cement market is projected to grow at a CAGR of about 5% over the forecast period of 2022-2028.

Market Insight

The revenue generated by the market was over 340 billion in 2022 and is expected to reach nearly USD 460 billion in 2028 and is expected to grow with a CAGR of about 5% over the forecast period 2022-2028. Masonry cement is a binder used in construction that sets, hardens, and adheres to other materials, binding them together. It is categorized into various grades such as type N, type S, and others depending on its binding strength. This cement is mixed with white Portland cement and finely ground white limestone, combined with process additions, to enhance its water retention, workability, and durability. It is used for installing bricks, blocks, stone masonry construction, and other structural masonry walls. The addition of colored sand or pigments in masonry cement produces a wide range of color schemes.


Masonry Cement Market



The spread of the COVID-19 pandemic has negatively impacted the market, owing to government regulation that restricted the movement of both people and goods. The pandemic has severely impacted the production and operations of various countries. For instance, China's cement output was 769 million tons from January to May 2020, down 8.2% year on year, according to the Ministry of Industry and Information Technology of China. In addition, the shutdown of manufacturing plants in the U.S. and Germany has also affected their operations. However, governments of various countries are enacting supportive regulations and attempting to re-establish their economies. As a result, the demand is expected to stabilize over the next few years.

The rising population will effectively influence the market growth on account of the increasing need for residential spaces, such as apartments and private bungalows. Furthermore, the growing demand for amenities in residential spaces is expected to accelerate the market size. Moreover, the rising need for non-residential establishments, such as malls, airports, industries, roads, and office buildings, is also expected to support the market growth. Career opportunities and better quality of life have created a need for urbanization. Government initiatives to support construction & infrastructural activities in developing countries will further increase the demand. Moreover, the rising demand for precast products, such as blocks, panels, roof tiles, and others will increase product consumption globally. Currently, China is the dominant producer and consumer across the world. Hence, the growth in the construction activities in this country will boost the market size.

The Asia Pacific accounted for the highest share in 2022 and is expected to remain dominant throughout the forecast period. This is attributable to the increased demand for the product from developing nations, such as China and India, and Southeast Asian countries. Growth in the construction & infrastructure activities is a key driver for this market in this region. China is the major country contributing to the market growth in the region as it is the dominant producer and consumer in the world. The dominance of the country is attributed to factors including the rapid growth in population and infrastructure development activities in the region. Furthermore, the propelling demand for residential spaces in the country will support the market growth in China. The Middle East & Africa is projected to witness substantial growth. This growth is associated with the increasing demand for the product from the rising infrastructural activities in the region.

Segment Covered

The report on global masonry cement market covers segments such as type, and application. On the basis of type, the sub-markets include type N, type S, and others. On the basis of application, the sub-markets include residential construction, non-residential construction, and industrial construction.

Companies Profiled:

The report provides profiles of the companies in the market such as Cementir Holding, LafargeHolcim, Federal White Cement, Royal White Cement, Sesco Cement Corp., Titan America, Lehigh White Cement Company, Aalborg White, CEMEX USA, and Sakrete.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of masonry cement market. Moreover, the study highlights current market trends and provides forecast from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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