Portland,OR, May 03, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the U.S. supplementary cementitious materials market generated $3.5 billion in 2020, and is expected to reach $6.8 billion by 2030, registering a CAGR of 7.0% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Increase in investments in construction activities, rise in R&D activities, technological developments, and modernization in existing production techniques drive the growth of the U.S. supplementary cementitious materials market. However, emissions of fly ash during concrete activities pose fatal effects on the environment. This factor limits the market growth. Contrarily, focus on implementation of environmentally friendly cement technologies presents new opportunities in the coming years.
Download Sample PDF (127 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/16329
Covid-19 Scenario:
- The construction industry affected adversely during the Covid-19 pandemic in the U.S. There were several issues such as lockdown restrictions, shortage of labor, and raw material unavailability. Thus, the demand for supplementary cementitious materials for usage in various activities in the construction sector reduced considerably.
- According to the Energy Information Administration (EIA), U.S. coal production lowered in 2020, owing to disruptions in the supply chain. This impacted the fly ash demand, and consequently, affected the U.S. supplementary cementitious materials market.
The report offers detailed segmentation of the U.S. supplementary cementitious materials market based on type and application.
Based on type, the slag cement segment contributed to the highest share in 2020, accounting for nearly two-fifths of the total share, and is estimated to maintain its leadership status during the forecast period. However, the fly ash segment is expected to manifest the largest CAGR of 7.4% from 2021 to 2030.
Request the Covid19 Impact Analysis @ https://www.alliedmarketresearch.com/request-for-customization/16329?reqfor=covid
Based on application, the residential segment held the highest share in 2020, contributing to nearly half of the total share of the U.S. supplementary cementitious materials market, and is expected to continue its lead position during the forecast period. However, the commercial segment is projected to manifest the fastest CAGR of 7.6% from 2021 to 2030.
Leading players of the U.S. supplementary cementitious materials market analyzed in the research include Arcelormittal S.A., BASF SE, Boral Limited, CEMEX S.A.B. DE C.V., CalPortland Company, CR Minerals LLC, Charah Solutions, Inc., Lafarge Holcim, Eagle Materials Inc., and Lehigh Hanson.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/us-supplementary-cementitious-materials-market/purchase-options
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenueTrial
Get more information: https://www.alliedmarketresearch.com/library-access
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.
