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U.s. Supplementary Cementitious Materials Market

U.S. Supplementary Cementitious Materials Market by Type (Fly Ash, Slag Cement, Silica Fumes, and Others) and Application (Residential, Commercial, and Others): Opportunity Analysis and Industry Forecast, 2021–2030

A15960
Pages: 127
Apr 2022 | 352 Views
   
Author(s) : Snehal Mohite , Eswara Prasad
Tables: 53
Charts: 44
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COVID-19

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U.S. Supplementary Cementitious Materials Market Outlook - 2030

The U.S. supplementary cementitious materials market accounted for $3.5 billion in 2020, and is projected to reach $6.8 billion by 2030, registering a CAGR of 7.0% from 2021 to 2030.

Supplementary cementing materials such as fly ash, slag cement, and silica fume, contribute to the properties of hardened concrete through hydraulic or pozzolanic activity. These can be used separately or in different combinations with Portland or blended cement. Supplementary cementitious materials are commonly used in concrete to make mixes more cost-effective, reduce permeability, enhance strength, or impact other characteristics.     

The supplementary cementitious materials market in the U.S. witnessed a significant growth owing to factors such as rise in investment in construction activities. In addition, increase in R&D efforts in the market as well as technological developments and modernization in production techniques are expected to generate new opportunities for the expansion of the U.S. supplementary cementitious materials market during the forecast period. Furthermore, the growing emphasis on environmentally friendly cement technology presents high growth potential for key companies. However, emission of fly ash during concrete activities may harm the environment, which is expected to restrain the market for supplementary cementitious materials in the U.S.

The U.S. supplementary cementitious materials market is segmented on the basis of type and application. Depending on type, the market is classified into fly ash, slag cement, silica fumes, and others. The application areas of this industry are residential, commercial, and others.

The major players operating in the industry include Arcelormittal S.A., Boral Limited, BASF SE, CalPortland Company, CEMEX S.A.B. DE C.V., Charah Solutions, Inc., CR Minerals LLC, Eagle Materials Inc., Lafarge Holcim, and Lehigh Hanson. These players have adopted product launch, acquisition, and business expansion as their key strategies to strengthen their foothold in the market.

U.S. Supplementary Cementitious Materials Market, by Type 

The fly ash segment is projected to grow at the fastest CAGR of 7.4%, and is expected to witness notable growth in the coming years, owing to rise in utilization of fly ash in concrete, development of the construction sector, and increase in recycling rates of fly ash.

U.S. Supplementary Cementitious Materials Market
By Type

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Slag Cement segment is the most lucrative segment

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U.S. Supplementary Cementitious Materials Market, by Application

By application, the commercial segment garnered the largest share in the U.S. supplementary cementitious materials market in 2020, and is projected to exhibit a CAGR of 7.6% during the forecast period. This is attributed to surge in construction activities due to exponentially increasing population and rapidly growing commercial sector across the country. 

U.S. Supplementary Cementitious Materials Market
By Application

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Residential application is the most lucrative segment

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Key Benefits For Stakeholders

  • The report outlines the current market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact of COVID-19 on the U.S. supplementary cementitious materials market

  • Since the outbreak of COVID-19 in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020. 
  • The outbreak of COVID-19 pandemic had led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany. It has led to either closure or suspension of their production activities in most of the industrial units across the world.
  • Construction activities were temporarily halted due to the outbreak of COVID-19, keeping in mind the concerns regarding workers in the construction industry. 
  • According to the Energy Information Administration (EIA), U.S. coal production fell to its lowest level since 1965 in 2020 due to low worldwide demand after the COVID-19 pandemic. This has impacted the fly ash market in the U.S. 
  • Moreover, the construction industry has been adversely impacted by the COVID-19 pandemic in the U.S., as the industry faced supply chain issues. However, the market is reviving on account of the government's significant measures such as vaccination drives. 
  • Furthermore, the construction industry is overcoming the challenges of supply chain disruptions, which is expected to provide the impetus to the market.

Key Market Segments

  • By Type
    • Fly Ash
    • Slag Cement
    • Silica Fumes
    • Others
  • By Application
    • Residential
    • Commercial
    • Others
  • Key Players in the U.S. Supplementary Cementitious Materials Market are:
    • ARCELORMITTAL S.A.
    • BORAL LIMITED
    • BASF SE
    • CalPortland Company
    • CEMEX S.A.B. DE C.V.
    • CHARAH SOLUTIONS, INC.
    • CR MINERALS LLC
    • Eagle Materials Inc.
    • Lafarge Holcim
    • Lehigh Hanson
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter's five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Advantages of supplementary cementitious materials in construction industry
3.4.1.2.Increase in building and construction industry

3.4.2.Restraint

3.4.2.1.Disadvantages of fly ash in construction industry

3.4.3.Opportunity

3.4.3.1.Effective solution for waste management

3.4.4.Challenge

3.4.4.1.Low awareness among the people about supplementary cementitious material

3.5.Value chain
3.6.Market share analysis
3.7.Pricing analysis
3.8.Impact of key regulations on the U.S. supplementary cementitious materials market
3.9.Impact of COVID-19 outbreak on the U.S. supplementary cementitious materials market
3.10.Substitute products analysis

CHAPTER 4:SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Fly ash

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by country

4.3.Slag cement

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country

4.4.Silica fume

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by country

CHAPTER 5:SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Residential

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast by country

5.3.Commercial

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast by country

5.4.Others

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast by country

CHAPTER 6:COMPETITIVE LANDSCAPE

6.1.Introduction

6.1.1.Market player positioning, 2020

6.2.Top winning strategies

6.2.1.Top winning strategies, by year
6.2.2.Top winning strategies, by development
6.2.3.Top winning strategies, by company

6.3.Product mapping of top 10 players
6.4.Competitive heatmap
6.5.Key developments

6.5.1.New product launches
6.5.2.Expansion
6.5.3.Acquisition
6.5.4.Collaboration
6.5.5.Joint venture

CHAPTER 7:COMPANY PROFILES

7.1.ARCELORMITTAL S.A.

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.Business performance
7.1.6.Key strategic moves and developments

7.2.BORAL LIMITED

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.2.5.Business performance
7.2.6.Key strategic moves and developments

7.3.BASF SE

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Operating business segments
7.3.4.Product portfolio
7.3.5.Business performance

7.4.CALPORTLAND COMPANY

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Product portfolio
7.4.4.Key strategic moves and developments

7.5.CEMEX S.A.B. DE C.V.

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance
7.5.6.Key strategic moves and developments

7.6.CHARAH SOLUTIONS, INC.

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.6.5.Business performance
7.6.6.Key strategic moves and developments

7.7.CR MINERALS LLC

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Product portfolio
7.7.4.Key strategic moves and developments

7.8.EAGLE MATERIALS INC.

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio
7.8.5.Business performance

7.9.LAFARGEHOLCIM

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance
7.9.6.Key strategic moves and developments

7.10.LEHIGH HANSON, INC.

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio
7.10.4.Key strategic moves and developments

LIST OF TABLES

TABLE 01.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET PRICING FORECAST BY TYPE,2020-2030 ($/KT)
TABLE 02.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET PRICING FORECAST BY APPLICATION,2020-2030 ($/KT)
TABLE 03.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS, BY TYPE, 2020–2030 (KILOTON)
TABLE 04.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET, BY TYPE, 2020–2030($MILLION)
TABLE 05.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET, BY APPLICATION, 2020–2030 (KILOTON)
TABLE 06.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 07.KEY NEW PRODUCT LAUNCHES (2017-2021)
TABLE 08.KEY EXPANSIONS (2017-2021)
TABLE 09.KEY ACQUISITION (2017-2021)
TABLE 10.KEY COLLABORATION (2017-2021)
TABLE 11.KEY JOINT VENTURE (2017-2021)
TABLE 12.ARCELORMITTAL S.A.: COMPANY SNAPSHOT
TABLE 13.ARCELORMITTAL S.A.: OPERATING SEGMENTS
TABLE 14.ARCELORMITTAL S.A.: PRODUCT PORTFOLIO
TABLE 15.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 16.ARCELORMITTAL S.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 17.BORAL LIMITED: COMPANY SNAPSHOT
TABLE 18.BORAL LTD.: OPERATING SEGMENTS
TABLE 19.BORAL LTD.: PRODUCT PORTFOLIO
TABLE 20.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 21.BORAL LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 22.BASF SE: COMPANY SNAPSHOT
TABLE 23.BASF SE: OPERATING SEGMENTS
TABLE 24.BASF SE: PRODUCT PORTFOLIO
TABLE 25.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 26.CALPORTLAND: COMPANY SNAPSHOT
TABLE 27.CALPORTLAND: PRODUCT PORTFOLIO
TABLE 28.CALPORTLAND.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 29.CEMEX S.A.B. DE C.V.: COMPANY SNAPSHOT
TABLE 30.CEMEX S.A.B. DE C.V.: OPERATING SEGMENTS
TABLE 31.CEMEX S.A.B. DE C.V.: PRODUCT PORTFOLIO
TABLE 32.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 33.CEMEX S.A.B. DE C.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 34.CHARAH SOLUTIONS, INC.: COMPANY SNAPSHOT
TABLE 35.BASF SE: OPERATING SEGMENT
TABLE 36.BASF SE: PRODUCT PORTFOLIO
TABLE 37.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 38.CHARAH SOLUTIONS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 39.CR MINERALS LLC: COMPANY SNAPSHOT
TABLE 40.CR MINERALS LLC: PRODUCT PORTFOLIO
TABLE 41.CR MINERALS LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 42.EAGLE MATERIALS INC.: COMPANY SNAPSHOT
TABLE 43.EAGLE MATERIALS INC..: OPERATING SEGMENTS
TABLE 44.EAGLE MATERIALS INC.: PRODUCT PORTFOLIO
TABLE 45.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 46.LAFARGEHOLCIM: COMPANY SNAPSHOT
TABLE 47.LAFARGEHOLCIM: OPERATING SEGMENTS
TABLE 48.LAFARGEHOLCIM: PRODUCT PORTFOLIO
TABLE 49.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 50.LAFARGE HOLCIM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 51.LEHIGH HANSON: COMPANY SNAPSHOT
TABLE 52.LEHIGH HANSON: PRODUCT PORTFOLIO
TABLE 53.LEHIGH HANSON.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS SNAHPSHOT, BY SEGMENTATION, 2021–2030
FIGURE 03.TOP INVESTMENT POCKETS, BY TYPE (2020)
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE THREAT OF NEW ENTRANTS
FIGURE 06.MODERATE THREAT OF SUBSTITUTES
FIGURE 07.MODERATE INTENSITY OF RIVALRY
FIGURE 08.HIGH BARGAINING POWER OF BUYERS
FIGURE 09.SUPPLEMENTARY CEMENTITIOUS MATERIALS DYNAMICS
FIGURE 10.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET: VALUE CHAIN
FIGURE 11.MARKET SHARE ANAYLSIS
FIGURE 12.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET, BY TYPE, 2020–2030 ($MILLION)
FIGURE 13.MARKET SIZE AND FORECAST OF U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS FOR FLY ASH, 2020-2030 ($MILLION)
FIGURE 14.MARKET SIZE AND FORECAST OF U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS FOR SLAG CEMENT,  2020-2030 ($MILLION)
FIGURE 15.MARKET SIZE AND FORECAST OF U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS FOR SILICA FUME,  2020-2030 ($MILLION)
FIGURE 16.MARKET SIZE AND FORECAST OF U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS FOR OTHERS, 2020-2030 ($MILLION)
FIGURE 17.U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS MARKET, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 18.MARKET SIZE AND FORECAST OF U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS FOR RESIDENTIAL APPLICATION, 2020-2030 ($MILLION)
FIGURE 19.MARKET SIZE AND FORECAST OF U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS FOR COMMERCIAL APPLICATION, 2020-2030 ($MILLION)
FIGURE 20.MARKET SIZE AND FORECAST OF U.S. SUPPLEMENTARY CEMENTITIOUS MATERIALS FOR OTHER APPLICATION, 2020-2030 ($MILLION)
FIGURE 21.MARKET PLAYER POSITIONING, 2020
FIGURE 22.TOP WINNING STRATEGIES, BY YEAR, 2021-2021
FIGURE 23.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2021 (%)
FIGURE 24.TOP WINNING STRATEGIES, BY COMPANY, 2017-2021
FIGURE 25.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 26.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 27.ARCELORMITTAL S.A.: NET SALES, 2018–2020 ($MILLION)
FIGURE 28.ARCELORMITTAL S.A.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 29.BASF SE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 30.BORAL LTD.: NET SALES, 2018–2020 ($MILLION)
FIGURE 31.BORAL LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 32.BASF SE: NET SALES, 2018–2020 ($MILLION)
FIGURE 33.BASF SE: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 34.BASF SE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 35.CEMEX S.A.B. DE C.V.: NET SALES, 2018–2020 ($MILLION)
FIGURE 36.CEMEX S.A.B. DE C.V.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 37.CEMEX S.A.B. DE C.V.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 38.EAGLE MATERIALS INC.: NET SALES, 2019–2021 ($MILLION)
FIGURE 39.CHARAH SOLUTIONS, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 40.EAGLE MATERIALS INC.: NET SALES, 2019–2021 ($MILLION)
FIGURE 41.EAGLE MATERIALS INC..: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 42.LAFARGEHOLCIM: NET SALES, 2018–2020 ($MILLION)
FIGURE 43.LAFARGEHOLCIM: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 44.LAFARGEHOLCIM: REVENUE SHARE BY REGION, 2020 (%)


 
 

According to the opinions of various CXOs of leading companies, the supplementary cementitious materials market expected to exhibit high growth potential, owing to rapid urbanization and rise in awareness about environmental sustainability. In addition, supplementary cementitious materials are likely to gain high traction in the market attributable to the fact that these materials help to increase the strength of concrete and minimize penetrability.

The CXOs further added that the utilization of industrial waste in supplementary cementitious materials is boosting the market growth. However, low awareness among the people about the advantages of supplementary cementitious materials is anticipated to hamper the supplementary cementitious materials market in the U.S.

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FREQUENTLY ASKED QUESTIONS?
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A. Advantages of supplementary cementitious materials when used in concrete such as improved workability, durability & strength, reduced CO2 emission and others, which are expected to help boost the market growth.

A. The U.S. supplementary cementitious materials size is projected to reach $6.8 billion by 2030.

A. Boral Limited, BASF SE, CalPortland Company, CEMEX S.A.B. DE C.V., Charah Solutions, Inc., CR Minerals LLC are the most established players in U.S. supplementary cementitious materials market.

A. Residential and commercial industry is projected to increase the demand of U.S. supplementary cementitious materials market.

A. By type and application segments are covered in U.S. supplementary cementitious materials market report.

A. Increase in urbanization and residential construction in developing countries, is anticipated to fuel the market growth during the forecast period.

A. Commercial applications is expected to drive the adoption of U.S. supplementary cementitious materials.

A. COVID-19 has impacted negatively on the U.S. supplementary cementitious materials market. This is attributed due to • The COVID-19 pandemic has negatively affected the global economy and is subsequently shrinking the GDP in global economies; thereby, changing consumer spending patterns globally. • Construction activities were temporarily halted due to the outbreak of COVID-19, keeping in mind the concerns regarding workers in the construction industry. • Furthermore, the construction industry is overcoming the challenges of supply chain disruptions, which is expected to provide the impetus to the market.

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