Supplementary Cementitious Materials Market - Forecast(2023 - 2028)

Report Code: CMR 84207 Report Format: PDF + Excel

Supplementary Cementitious Materials Market Overview

The Supplementary Cementitious Materials Market size is projected to reach US$35 billion by 2027, after growing at a CAGR of 7.7% during the forecast period 2022-2027. Cementitious materials are the key elements for the formulation of the concrete mixtures. Supplementary cementitious materials (SCMs) are a part of cementitious materials which help to improve the workability of fresh concrete and reduce thermal cracking by minimizing heat of hydration. Through the pozzolanic activity, they mainly contribute to enhancing the properties of hardened concrete. The primary SCMs are fly ash, slag cement, silica fume and natural pozzolans. Natural pozzolans further include metakaolin, calcined clay and others. These materials can be individually used in cement or can be blended in different proportions and combinations. Many industries across the globe have faced several challenges due to the COVID-19 pandemic. The construction industry experienced pitfalls due to the unavailability of labor and raw materials. The production and demand in this industry have declined due to an interrupted supply chain and the cessation of transportation. According to Office for National Statistics, in 2020, new construction work in Great Britain, including private housing and private commercial building, decreased by 11.9% due to COVID. With the pause in industrial production and distribution, the demand and consumption of Supplementary Cementitious Materials were affected significantly.

Report Coverage

The “Supplementary Cementitious Materials Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Supplementary Cementitious Materials industry.

By Type: Fly Ash, Slag Cement, Silica Fume, Calcium Carbonate, Natural Pozzolans (Metakaolin, Shale, Calcined Clay, Diatomaceous Earth and Others) and Others.
By Application: Residential (Independent Houses, Apartments and Others), Commercial (shopping malls, Hospitals, Corporate Offices, Education Centers, Hotel and Others), Industrial (Manufacturing Facilities, Warehouses and Others).
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, the Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Takeaways

  • The significant growth in residential & commercial construction and inclination towards using sustainable building materials are driving the growth of the Supplementary Cementitious Materials market.
  • Fly ash plays an important role in producing superior quality concrete admixture which is expected to provide a significant growth opportunity to increase the Supplementary Cementitious Materials market size in the coming years.
  • Beneficial properties of SCMs to provide eco-friendly building materials and favorable government regulations are expected to provide substantial growth opportunities for the industry players in near future in the Supplementary Cementitious Materials industry.

Figure: Supplementary Cementitious Materials Market Revenue Share, by Geography, 2021 (%)

Supplementary Cementitious Materials Market

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Supplementary Cementitious Materials Market Segment Analysis – by Type

The fly ash segment held the largest Supplementary Cementitious Materials Market share (42%) in 2021. Supplementary cementitious materials (SCMs) are added to concrete mixtures to improve durability, enhance the hardening property of concrete and decrease permeability. Fly ash is one of the most commonly used SCM in concrete which is a byproduct of coal combustion in electric power generating plants. Commercially available fly ash is derived from the combustion of pulverized coal collected from the combustion chamber for the furnace by exhaust gases. Class C and class F of fly ash are used extensively in concrete mixtures. Thus, several benefits associated with the use of fly ash is boosting the market growth and is expected to account for significant Supplementary Cementitious Materials market share.

Supplementary Cementitious Materials Market Segment Analysis – by End-use Industry

The residential segment is expected to grow at the fastest CAGR of 9.5% during the forecast period in the Supplementary Cementitious Materials Market. In recent years, the construction industry has become more inclined toward designing, operating and constructing buildings that improve their environmental sustainability due to the stringent government regulations to reduce the carbon footprint. Changes in global climatic conditions also demand sustainable building materials for the management of temperature. SCMs are used to increase the strength and durability of the concrete mixture. These materials, when utilized in fresh concrete, enhance the workability and consistency of the concrete. Thus, the increase in demand in the residential segment is boosting the market growth of the Supplementary Cementitious Materials market.

Supplementary Cementitious Materials Market Segment Analysis – by Geography

Asia-Pacific held the largest Supplementary Cementitious Materials market share (43.3%) in 2021. This growth is mainly attributed to the surge in residential, commercial and industrial construction activities in this region. The region consists of major economies such as China, India, Japan and Australia where the level of construction output, including residential and commercial, has rapidly increased. For instance, as per the October reports of Infrastructure Australia 2021, the major infrastructure activity relating to commercial buildings, civil infrastructure and residential construction would double in the next three years. Also, according to China’s National Bureau of Statistics, in Q2 of 2021, the construction sector in China registered a growth of 1.8% while its cumulative growth was 8.6% in the first half of 2021. Thus, the significant growth in the construction industry in this region is also boosting the growth of the Supplementary Cementitious Materials market.

Supplementary Cementitious Materials Market Drivers:

Increase in construction activities across the globe 

The growing residential and commercial construction on account of the high demand for residential projects from a growing population and the customer inclination towards sustainable materials have increased the demand for SCMs in the construction industry. Moreover, rapid urbanization and technological advancements have led to an increase in spending on infrastructure developments in several countries across the globe. According to India’s Ministry of Statistics and Programme Implementation, in Q4 of 2020, the construction industry in India grew by 6.2%. Also, in 2019, the National Development and Reform Commission of China approved 26 infrastructure projects estimated to be completed by 2023. Thus, high growth in construction activities is further propelling the growth of SCMs and is expected to boost SCMs in the construction market size.

Advantages associated with the use of SCMs

The construction industry is considered one of the major reasons behind the rise in carbon footprint. Thus, companies are inclined towards the production of sustainable materials for construction and support green building and construction. SCMs are environmentally friendly materials that offer superior flexural & compressive strength and enhanced workability. The use of SCMs consumes less energy and delivers improved building performance. SCMs comply with the Environmental Protection Agency’s (EPA) comprehensive procurement guideline. The utilization of SCMs has improved significantly during the past three decades as these are the byproducts of industrial processes and their utilization contributes highly to energy conservation practices. According to the Mission Energy Foundation, the annual generation of fly ash would be approximately 437 MT by 2030 with 151 MT would be used in cement applications. Thus, the advantages associated with the use of SCMs are propelling the growth and are expected to account for a significant share of the Supplementary Cementitious Materials market size.

Supplementary Cementitious Materials Market Challenge:

Lack of awareness regarding the use of SCMs

SCMs provide several benefits as they make use of byproducts such as fly ash, slag cement, silica fume and metakaolin from industrial processes. They offer a great performance of fresh concrete and allow the concrete producer to modify and design the concrete mixture as per the desired application. These materials would be otherwise discarded in landfills if not utilized in construction. According to the Mission Energy Foundation, the utilization of fly ash is high on cement. However, around 65% of the total fly ash generated is utilized in different applications. The increase in awareness in the future regarding the benefits of SCMs would lead to 100% utilization of these materials. Thus, the lack of awareness regarding the benefits and use of SCMs may hamper the market growth.

Supplementary Cementitious Materials Industry Outlook

The top 10 companies in the Supplementary Cementitious Materials market are:

  1. Cemex
  2. LafargeHolcim
  3. Ferroglobe
  4. HeidelbergCement
  5. Advanced Cement Technologies, LLC.
  6. Boral Limited
  7. BASF SE
  8. CR Minerals Company, LLC.
  9. Charah Solutions
  10. Bharathi Cement Corporation Private Limited

Recent Developments

  • In March 2022, Lafarge France invested 120 million euros in the modernization of the Martres-Tolosane cement plant to increase the production capacity of low-carbon cement. The plant is operational from February 2022.
  • In December 2021, LafargeHolcim’s US operation received the first barge shipment of power plant coal ash. It resulted in the recycling and recovery of 6 Mt of coal ash to be used in cement production.
  • In November 2020, Cemex entered into an agreement with Carbon Upcycling Technologies in order to improve the processing of by-products such as fly ash and slag to produce low CO2 concrete.

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1. Supplementary Cementitious Materials Market - Overview
    1.1 Definitions and Scope
2. Supplementary Cementitious Materials Market - Executive summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by type of Application
    2.3 Key Trends segmented by Geography
3. Supplementary Cementitious Materials Market
    3.1 Comparative analysis
        3.1.1 Product Benchmarking - Top 10 companies
        3.1.2 Top 5 Financials Analysis
        3.1.3 Market Value split by Top 10 companies
        3.1.4 Patent Analysis - Top 10 companies
        3.1.5 Pricing Analysis
4. Supplementary Cementitious Materials Market - Startup companies Scenario Premium
    4.1 Top 10 startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Supplementary Cementitious Materials Market - Industry Market Entry Scenario Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top 10 companies
6. Supplementary Cementitious Materials Market Forces
    6.1 Drivers
    6.2 Constraints
    6.3 Challenges
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes
7. Supplementary Cementitious Materials Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product life cycle
    7.4 Suppliers and distributors Market Share
8. Supplementary Cementitious Materials Market - By Type (Market Size -$Million / $Billion)
    8.1 Market Size and Market Share Analysis
    8.2 Application Revenue and Trend Research
    8.3 Segment Analysis
        8.3.1 Fly Ash
        8.3.2 Ferrous Slag
        8.3.3 Silica Fume
9. Supplementary Cementitious Materials Market - By Product Type (Market Size -$Million / $Billion)
10. Supplementary Cementitious Materials - By Application Type(Market Size -$Million / $Billion)
11. Supplementary Cementitious Materials- By Geography (Market Size -$Million / $Billion)
    11.1 Supplementary Cementitious Materials Market - North America Segment Research
    11.2 North America Market Research (Million / $Billion)
        11.2.1 Segment type Size and Market Size Analysis
        11.2.2 Revenue and Trends
        11.2.3 Application Revenue and Trends by type of Application
        11.2.4 Company Revenue and Product Analysis
        11.2.5 North America Product type and Application Market Size
          11.2.5.1 U.S
          11.2.5.2 Canada
          11.2.5.3 Mexico
          11.2.5.4 Rest of North America
    11.3 Supplementary Cementitious Materials- South America Segment Research
    11.4 South America Market Research (Market Size -$Million / $Billion)
        11.4.1 Segment type Size and Market Size Analysis
        11.4.2 Revenue and Trends
        11.4.3 Application Revenue and Trends by type of Application
        11.4.4 Company Revenue and Product Analysis
        11.4.5 South America Product type and Application Market Size
          11.4.5.1 Brazil
          11.4.5.2 Venezuela
          11.4.5.3 Argentina
          11.4.5.4 Ecuador
          11.4.5.5 Peru
          11.4.5.6 Colombia
          11.4.5.7 Costa Rica
          11.4.5.8 Rest of South America
    11.5 Supplementary Cementitious Materials- Europe Segment Research
    11.6 Europe Market Research (Market Size -$Million / $Billion)
        11.6.1 Segment type Size and Market Size Analysis
        11.6.2 Revenue and Trends
        11.6.3 Application Revenue and Trends by type of Application
        11.6.4 Company Revenue and Product Analysis
        11.6.5 Europe Segment Product type and Application Market Size
          11.6.5.1 U.K
          11.6.5.2 Germany
          11.6.5.3 Italy
          11.6.5.4 France
          11.6.5.5 Netherlands
          11.6.5.6 Belgium
          11.6.5.7 Denmark
          11.6.5.8 Spain
          11.6.5.9 Rest of Europe
    11.7 Supplementary Cementitious Materials - APAC Segment Research
    11.8 APAC Market Research (Market Size -$Million / $Billion)
        11.8.1 Segment type Size and Market Size Analysis
        11.8.2 Revenue and Trends
        11.8.3 Application Revenue and Trends by type of Application
        11.8.4 Company Revenue and Product Analysis
        11.8.5 APAC Segment - Product type and Application Market Size
          11.8.5.1 China
          11.8.5.2 Australia
          11.8.5.3 Japan
          11.8.5.4 South Korea
          11.8.5.5 India
          11.8.5.6 Taiwan
          11.8.5.7 Malaysia
          11.8.5.8 Hong kong
          11.8.5.9 Rest of APAC
    11.9 Supplementary Cementitious Materials - Middle East Segment and Africa Segment Research
    11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
        11.10.1 Segment type Size and Market Size Analysis
        11.10.2 Revenue and Trend Analysis
        11.10.3 Application Revenue and Trends by type of Application
        11.10.4 Company Revenue and Product Analysis
        11.10.5 Middle East Segment Product type and Application Market Size
          11.10.5.1 Israel
          11.10.5.2 Saudi Arabia
          11.10.5.3 UAE
        11.10.6 Africa Segment Analysis
          11.10.6.1 South Africa
          11.10.6.2 Rest of Middle East & Africa
12. Supplementary Cementitious Materials Market - Entropy
    12.1 New product launches
    12.2 M&A s, collaborations, JVs and partnerships
13. Supplementary Cementitious Materials Market - Industry / Segment Competition landscape Premium
    13.1 Market Share Analysis
        13.1.1 Market Share by Country- Top companies
        13.1.2 Market Share by Region- Top 10 companies
        13.1.3 Market Share by type of Application - Top 10 companies
        13.1.4 Market Share by type of Product / Product category- Top 10 companies
        13.1.5 Market Share at global level - Top 10 companies
        13.1.6 Best Practises for companies
14. Supplementary Cementitious Materials Market - Key Company List by Country Premium
15. Supplementary Cementitious Materials Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Advanced Cement Technology
    15.3 Bharathi Cement
    15.4 Cemex
    15.5 Cr Mineral
    15.6 Ferroglobe
    15.7 Heidelbergcement
    15.8 Lafargeholcim
    15.9 Scb International
    15.10 Stein
    15.11 Urban Mining Northeast
    15.12 Company 12
    15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Supplementary Cementitious Materials Market - Appendix
    16.1 Abbreviations
    16.2 Sources
17. Supplementary Cementitious Materials Market - Methodology
    17.1 Research Methodology
        17.1.1 Company Expert Interviews
        17.1.2 Industry Databases
        17.1.3 Associations
        17.1.4 Company News
        17.1.5 Company Annual Reports
        17.1.6 Application Trends
        17.1.7 New Products and Product database
        17.1.8 Company Transcripts
        17.1.9 R&D Trends
        17.1.10 Key Opinion Leaders Interviews
        17.1.11 Supply and Demand Trends