Blended Cement
Market: Overview
·
Blended cement is manufactured by inter-grinding ordinary Portland
cement clinker with a high blending material. Blending materials include silica
fumes, fly ash, limestone, and slag. These are used to increase the properties
of blended cement.
·
Blended cement is mainly used to enhance various properties, including
workability, high strength, durability, and chemical resistance of concrete.
This cement is highly sustainable in terms of release of carbon dioxide. For
instance, each time 1 kg of blended cement is substituted by 1 kg of Portland
cement, 1 kg of CO2 is not released into the atmosphere.
·
The cost of manufacturing additives, such as fly-ash and slag, is lower
than the cost of clinker, which is used in traditional cement. This is expected
to drive the market in the near future. Blended cement is also resistant to
sulfates, chlorides, and acids. Thus, it maintains durability of structures
against aggressive chemical conditions.
Key Drivers and
Restraints of Blended Cement market
·
Blended cement is a sustainable alternative to traditional cement. With
the use of blended cement, greenhouse gas emissions can be reduced by almost
40% depending on the ratio of the mixture
·
Rapid urbanization in developing countries, such as China and India, has
led to a housing shortage in major cities. This has resulted in an increase of
construction activities across these countries. Blended cement is used in
building blocks in residential and commercial sectors due to its excellent
strength, durability, and chemical resistance. This is expected to boost the
demand for blended cement in the near future. However, rise in demand for
environment-friendly material alternatives in the construction industry is
restraining the blended
cement market.
Global Blended
Cement Market: Segmentation
·
The global blended cement market can be segmented based on type and
application
·
Based on type, the blended cement market can be classified into fly-ash,
silica fume, and slag. The slag type segment is anticipated to hold the larger
share of the blended cement market in 2020. Slag blended cement is made of
non-metallic product comprising more than 90% glass with silicates and
alumino-silicates of lime. This cement is mainly used in mass construction due
to its low heat of hydration. Slag blended cement is mostly suitable for
infrastructure projects due to its high flexural strength. Increased strength,
lower risk of cracking, and superior finish are key advantages offered by slag
cement.
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·
In terms of application, the blended cement market can be categorized
into residential & commercial, dams, roads & flyovers, marine
construction, and others. The residential & commercial segment held major
share of the global market in 2020.
Global Blended
Cement Market: Regional Segmentation
·
In terms of region, the global blended cement market can be split into
North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa
·
North America is one of the key regions of the global blended cement
market. Expansion of the construction industry in the U.S. and Canada is a
major driver of the blended cement market in the region.
·
Asia Pacific is a key consumer of blended cement. Government funding for
the construction of smart city projects and rapid urbanization in China and
India are factors driving the building & construction sectors in the
region. Rise in disposable income of the middle class population in Asia
Pacific is also likely to augment the construction sector in the region. In
turn, these factors are expected to fuel the market in the near future.
·
Europe is a highly lucrative region of the global blended cement market.
It is expected to offer several opportunities to market players during the
forecast period. Increase in urbanization in Nordic countries of Europe is
projected to drive the blended cement market in the region.
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COVID-19 Impact on
Global Blended Cement Market
·
The COVID-19 pandemic has adversely affected the global blended cement
market. Construction activities across globe suffered temporarily shut down
during the lockdowns. However, demand recovery in the construction sector
across the globe after lockdowns is estimated to augment the blended cement
market in the near future.
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Key Players in
Market
The global blended cement market is
dominated by few key manufacturers. Manufacturers are primarily focused on new
product launches and increasing their production capacity in order to gain
market share. Key players operating in the global blended cement market
include:
·
ACC Limited
·
JSW Cement
·
Lafarge North America Inc.
·
CEMEX S.A.B. de C.V.
·
Holcim Philippines, Inc
·
HEIDELBERGCEMENT AG
·
Taiheiyo Cement Group
·
Buzzi Unicem USA Inc
·
UltraTech Cement Limited
·
Votorantim Cimentos
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