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The Europe cement market is currently witnessing steady growth. Cement, also known as Portland cement, is a grey-colored inorganic substance with excellent hydraulic binding ability. It is a mixture of finely ground minerals that results in a rock-like substance when mixed with sand, water and gravel. Cement is widely used to produce concrete, which is a crucial building material for mass constructions, such as industrial estates, dwellings and civil works. Nowadays, different types of cement are produced to meet additional physical and chemical requirements of specific situations, such as durability and strength.
The Europe cement market is primarily driven by the revival of the real estate sector and the increasing demand for cement in the residential and commercial sectors. Besides this, the European Union (EU) is investing heavily to enhance the existing infrastructure, which is further projected to contribute to the market growth. Moreover, due to the growing concerns regarding the environmental impact of cement production, manufacturers are introducing new production methods and formulations that help reduce energy use and utilize locally available raw materials. Consequently, there has been an increase in the sales of sustainable and green cement as it minimizes CO2 emissions generated during production. On account of these factors, the market is expected to continue its steady growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe cement market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type and end use.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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