India Cement Market segmented by product (White cement, Grey cement and other) and by application (Residential and Non-residential) to grow by 7% in 2018.
India is the second largest producer of cement in the world. Increased construction and infrastructural activities is the major driver of cement market. Initiatives such as development of 98 smart cities are expected to provide a major opportunity to the market. Increase in expenditure further impels growth to India cement market. Cement demand to grow by 8 % owing to governments focus on infrastructure and housing.
Grey Cement is dominating product segment of India’s cement market.
Grey cement is a durable for bridges, buildings and other infrastructures. Grey cement costs about half as much to produce as white cement and is more widely available than white cement.
Residential sector grabs 60 % share of market.
52.84 % of people is now living in urban areas and this figure is increasing year by year. By 2030 India will lead for urban population. Increasing urbanization drives the residential segment market.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as UltraTech Cement, Shree Cements, Ambuja Cements, ACC, Binani Cement, Ramco Cements, OCL India, Birla Corp, India Cement, Agarwal Min Chem Ltd, Anjani Portland Cement Ltd, Asian Concretes Cement Ltd, Bagalkot Cement & Inds.Ltd, India Cements Ltd, J & K Cement Corporation, Nuvoco Vistas Corp. Ltd., Saurashtra Cement Ltd, Uma Cement Industries, Vadraj Cement Ltd., Viket Sagar Cement, Wonder Cement Ltd and Zuari Cement Ltd are key players operating in the India cement market.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the India cement market. Report encompasses the market by different segments, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the India cement market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain India cement market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “India Cement Market”.
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