(MENAFN- EIN Presswire)
Calcium Aluminate Cement Market
The refractory segment held the highest market share in 2022 and is projected to retain its dominance through 2032.
WILMINGTON, DELAWARE, UNITED STATES, February 21, 2024 /EINPresswire / -- Allied Market Research recently published a report titled“Calcium Aluminate Cement Market by Product Type (CAC 40, CAC 50, CAC 60, CAC 70, CAC 80, and Others) and End-Use Industry (Construction, Oil & Gas, Refractory, Water & Wastewater Treatment, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032”. The report indicates that the global Calcium Aluminate Cement (CAC) market was valued at $1.4 billion in 2022 and is projected to reach $2.2 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2032.
Download Sample Pages of Research Overview:
Key growth drivers include increased demand from the metallurgical industry and the water treatment sector. However, market growth is hindered by the availability of substitutes. Additionally, the adoption of green building practices presents an opportunity for market expansion.
The CAC 50 segment is expected to have the highest CAGR from 2023 to 2032. The other segments including CAC 90, Low-Cement CAC, and Insulating CAC held the highest market share in 2022, accounting for over one-third of the global calcium aluminate cement market revenue.
By end-use industry, the refractory segment held the highest market share in 2022 and is projected to retain its dominance through 2032. However, the construction segment is expected to have the highest CAGR during the forecast period.
Regionally, Asia-Pacific held the highest market share in 2022 and is expected to continue leading the market in terms of revenue through 2032.
Key players in the market include CALUCEM, ALMATIS, CUMI, RWC, ZHENGZHOU DENGFENG SMELTING MATERIALS CO., LTD, CEMENTOS MOLINS, S.A., DENKA COMPANY LIMITED, HENAN SUNTEK INTERNATIONAL CO., LTD., ABC SUPPLY CO., INC., and UNION CEMENT COMPANY.
The report offers a detailed analysis of these key players, including their business performance, operating segments, product portfolios, and strategic moves. The analysis showcases the competitive landscape of the global calcium aluminate cement market.
Want to Access the Statistical Data and Graphs, Key Players' Strategies:
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+1 5038946022
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
MENAFN21022024003118003196ID1107881392
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.