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China: Huaxin Cement has ignited the kiln and started production at a new integrated 2.9Mt/yr cement plant near Huangshi City in Hubei Province. Videos; Awards. Amid the COVID-19 crisis, the global market for Portland Cement estimated at 4. The state government approved a total of US$730m-worth of planned investments in various industries on 6 January 2020. Industry Updates Sustainability & Future of Cement 14Trees pioneers 3D printing technology in Africa for affordable housing and schools. Constant innovation and always striving for better performance are what makes Siemens the perfect partner for everyone in the cement industry who wants to be one step ahead: because that’s what we’ve always been. Menu. 2 Billion Tons in the year 2020, is projected to reach a revised size of … Corporate M&A has slowed decisively due to growing economic uncertainty, and access t… This report provides a deep insight into the global cement industry covering all its essential aspects. Concrete and mortar are two of the most common products in the construction industry that use cement as a major ingredient. During the forecast period, this market will accelerate at a CAGR of 9%, owing to the increasing use of energy efficient technologies. The Northeast Now newspaper has reported that the companies mined the limestone in a tribal area of the state without environmental, forest or wildlife clearance or No Objection Certificates (NOCs). According to Global Cement, a recent study from The Freedonia Group, a division of MarketResearch.com, the worldwide cement market is expected to inch its way back to growth after a period of marginal declines from 2013-2018.. plaform for global cement industry. Basic data is available free of charge. Residential segment held 42% revenue share of the global cement market in 2016 and is expected to hold over 60% shares by 2024. The state government is also investigating allegations that two of the cement producers have polluted two local rivers, Wah Lukha and Wah Lunar. As per the World Bank in 2016, the global infrastructure investment is likely to reach nearly USD 94 trillion by 2040. Global Cement covers all aspects of the cement industry: mining and quarrying, refractories, process optimisation, monitoring, alternative fuels, environment and safety, markets, country reviews, cement prices, trading and shipping and a full review of global cement news. Global Cement brings you essential news, events, research and market data on the global cement industry. 2 … The global cement industry is competitive and contains numerous global and regional players. Xinhua News Agency has reported that estimated total building materials sector operating revenues rose by 1% to US$700bn. Additionally, growing demand from the infrastructu… The producers located in North America and Europe are aiming to increase their presence in China and other countries in Asia Pacific in order to strengthen the market position and drive the business growth of the organization. Chinese Cement Market Contraction Through 2023 © 2021 Pro Global Media Ltd. All rights reserved. The cement industry is a capital intensive, energy consuming, and vital industry for sustaining infrastructure of nations. There's also our annual showcase of the best entries to the Global Cement Photography Competition 2021. The global cement market size was valued at USD 355.6 billion in 2016. The former river allegedly turned ‘deep blue’ due to pollution. ... Top 30 Women in Asia Cement Industry 2020 List Announced. Pakistan: Cement dispatches in the first half of the 2021 financial year were 29Mt, up by 16% year-on-year from 25Mt in the first half of the 2020 financial year. your online portal for all things cement related, Register for Virtual Global Slag Conference, Join the Global Cement Live weekly webinar - FREE - Thursdays 2 - 3pm CET, Huaxin Cement starts kiln at new 2.9Mt/yr cement plant in Hubei Province, Aumund France to supply conveyors to new Oyak Çimento plant in Cameroon, Odisha government approves Shiva Cement’s expansion plans, Cement companies in Meghalaya accused of illegally mining limestone, Six-month cement dispatches and exports rise in Pakistan, 15th Global CemFuels Conference & Exhibition, 3rd Global CemProcess Conference & Exhibition. Increasing investments in the infrastructure sector is one of the key trends escalating market growth. The New Indian Express newspaper has reported that the company has received approval for an integrated capacity expansion of 1.1Mt/yr and a clinker capacity expansion of 1.3Mt/yr. When commissioned in September 2022, the plant will grind 100t/day of cement and 720t/day of calcined clay. Global Cement Market: Drivers and Restraints . The global cement industry enters 2020 with a mixed outlook. Local cement producers also allegedly owe the state government around US$40m in related limestone mining licence fees. In this market, the global players are anticipated to grow organically by acquiring regional or small local players. Abstract The cement industry contributes about 5% to global anthropogenic CO2 emissions, making the cement industry an important sector for CO2-emission mitigation strategies. This resource contains listings of over 2566 facilities worldwide (excluding China), and is the most up-to-date listing of cement plant information available. Any escalation in the global construction or building activities will spur the market largely. 8 Billion Tons by the Year 2027. We also have a review of the cement sectors of Northern Europe, plus an in-depth discussion with BIGBOSS Cement in the Philippines. The January 2021 issue of Global Cement Magazine looks at how the sector can best recover from the Covid-19 pandemic, with technical features on payload management, smart maintenance solutions, fan installations, bagging, waste management, coolers and solar power solutions. 8 Billion Tons by the Year 2027. “Key Market Players to Strengthen Position by Increasing Product Offerings” The major producers of cement are spread out over the globe. Global Cement Industry Overview 2017-2025, has been prepared based on an in-depth market analysis from industry experts. Shipping costs are expected to increase due to the new IMO sulfur regulations. Global cement market is segmented on the basis of product type and by end users. As a result, the industry generates approximately 8 percent of global CO2 emissions, not far behind the agriculture industry, which accounts for 12 percent. The size of the global cement industry will increase more than USD 200 billion between 2016-2021, exceeding USD 570 billion by the end of the forecast period. A growing requirement for the construction of institutional buildings for the education and healthcare sectors will also contribute to the growth in market size through 2021. It is leading to a diversified market. India: The government of India has granted licences to JSW Cement subsidiary Shiva Cement for the expansion of its cement plants in the state. 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