Global Expansive Cement Market Expected to Reach USD 7,102.1 million by 2027

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Expansive Cement Market by Types, by Applications, by sales channel and by Region: Size, Share, Trends and Opportunity Analysis, 2017-2027″, the market was valued at USD 4,649.4 Million in 2019 and is expected to grow at a healthy growth rate of 6.1% by the year 2027. The Expansive Cement Market is anticipated to grow substantially during forecast period due to rise in construction and maintenance activities worldwide with growing population. Moreover, the increased demand for blast free demolition to lessen the carbon footprint and to promote safety, use of expansive cement is rising. These factors are expected to drive the expansive cement market during the forecast period.

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Expansive cement has been fragmented based on types, applications, sales channel and region. In terms of type, the market has been bifurcated into Type K, Type M and Type S. Based on the application, the market has been divided into bridges, buildings and others. By sales channel the market has been divided into online and offline channels. By region Expansive Cement market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America region is further bifurcated into countries such as the U.S., and Canada. The Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, the Asia Pacific is further segmented into, China, Japan, South Korea, Australia, Southeast Asia, and Rest of Asia Pacific. The European region is further categorized into Germany, France, Italy, the U.K., Spain, Russia, and the Rest of Europe, and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and the Rest of MEA.

The effect of COVID-19 pandemic is diminishing production activities across construction industries worldwide and hence the demand for expansive cement slowed down throughout the pandemic. As construction and building maintenance activities either stopped completely or have been halted in some cases. The global supply chain has at the same time slowed down due to restrictions on national borders. Regarding the expansive cement market as production has slowed down as only half the workforce is working. Although the demand and supply pattern of the market is expected to return to normal growth pattern post COVID.

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As per GMR industry analyst Vidya Jadhav, “The rising applications of expansive cements for blast free demolition of concretes, rocks, and other hard surfaces is anticipated to drive the market growth during forecast period. Moreover, the rising aging constructions such as bridges, building, sidewalks, and other infrastructures are creating lucrative opportunity for the expansive cement.”

Key Takeaways from the Study:

• The Asia Pacific region is anticipated to dominate the global expansive cement market throughout forecast period. The strong presence of construction industry in this region especially in China, India, and others is driving the market. Moreover, the repair and maintenance of the old construction and restoration historic and heritage structures are rising in the region.
•  Type K cement dominates the expansive cement market. Consistency of type K cement remains constant, as the standard proportions never changes, thus making it ideal for the use as a shrinkage-compensating concrete.
•  The bridges segment is expected to dominate the market as they develop crack in the concrete earlier compared to other structures, as they face varying weather conditions and vibrations due to traffic. Bridges cannot be constructed multiple times, as it crucial to maintain the existing structure, thus boosting the expansive cements in such applications.
• The offline segment is expected to hold a significant share of the global expansive cement market, owing to the increasing number of purchases from offline channels.

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Report Scope:

Target Audience:

• Supply-side: Expansive Cement manufacturers, raw material suppliers, primary respondents, and distributors
• Demand Side: construction activities, restoration activities, demolition activities, mines, etc.
• Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
• Associations and Industry Bodies: (ABC) Associated Builders & Contractors, Inc., (AIC) American Institute of Constructors, National Institute of Building Sciences, American National Standards Institute (ANSI), International Organization for Standardization (ISO), National Institute of Standards and Technology (NIST), Builders Association of India (BAI), Confederation of International Contractors’ Associations (CICA)

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