The size of calcium aluminate cement market was registered at USD 534.3 million in the year 2019 and is anticipated to cross USD 650 million by 2026. Between the period 2020-2026, the market is expected to register a CAGR of 5.5%, as per the research by Global Market Insights Inc.
The growing demand for monolithic refractories, coupled with a positive construction industry outlook will boost calcium aluminate cement market share over the forecast spell. The rising use of monolithic refractories as a replacement for traditional refractories is a major contributor to CAC adoption. Calcium aluminate cement, also known as CAC or high alumina cement, is used extensively in monolithic refractory products with enhanced characteristics, as well as myriad installation systems like low cement, ultra-low cement, as well as low moisture, pumpable, self-flowing, high density and formless (shotcrete) castables.
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Given that CAC is a key component for building chemistry in several applications like sealers, self-leveling toppings, bedding mortars, non-shrink grouts, and repair mortars, among others, the positive outlook for the construction & infrastructure domain is likely to add significant impetus to calcium aluminate cement industry trends over the years.
With respect to segmentation by product, the calcium aluminate cement market from the CAC 50 segment accounted for a nearly 15% share in 2019. CAC 50 has an alumina content of minimum 50%, and is produced in a regular rotary kiln, using high purity bauxite and limestone. The product demonstrates high potential across myriad applications in refractories, as well as in building chemistry, as a result of its high reactivity and light color.
From a regional perspective, the North America calcium aluminate cement industry is set to gain major traction over the years ahead, due to a thriving construction industry, rising demand for refractories, burgeoning cement production and strong growth in steel and iron. Furthermore, the presence of key CAC vendors such as Kerneos, Inc., RWC Cement, Calucem, and Curimbaba Group, among others in the region will bolster the demand for high alumina cement in monolithic refractories. The U.S. is one of the biggest cement manufacturers across the globe, with production of over 89 million tons in 2019.
The region is also witnessing strong infrastructural and construction growth in residential, road, commercial and home renovation domains, which may stimulate region calcium aluminate cement market growth. These positive trends in the region, coupled with the adoption of CAC in rapid floor screeds, protective coatings, tile adhesives, CAC-based concrete and mortars, among others will boost product penetration over the coming years.
On the other hand, the Europe calcium aluminate cement market held over 50% of the global share, as a result of strong manufacturer presence, alongside persistent developments in regional end-use industries.
Major calcium aluminate cement industry players, such as Almatis GmbH, Denka Company, Gorka Cement, Cimsa, The Calucem Group, DFSM, Cementos Molins, Union Cement, Imerys Aluminates, and others are employing various strategies such as R&D investments, facility expansions, partnerships, etc. in order to maintain their stronghold in a increasingly competitive business landscape.
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Some Point from Table of Contents:
TABLE 1 Global calcium aluminate cement market estimates & forecast (Kilo Tons) (USD Million), 2016 - 2026
TABLE 2 Global calcium aluminate cement industry volume estimates & forecast by product, (Kilo Tons), 2016 – 2026
TABLE 3 Global calcium aluminate cement market revenue estimates & forecast by product, (USD Million), 2016 – 2026
TABLE 4 Global calcium aluminate cement industry volume estimates & forecast by region, (Kilo Tons), 2016 - 2026
TABLE 5 Global calcium aluminate cement market revenue estimates & forecast by region, (USD Million), 2016 - 2026
TABLE 6 Patent analysis
TABLE 7 Industry impact forces
TABLE 8 Strategy dashboard
TABLE 9 Global CAC 40 market estimates & forecast, (Kilo Tons) (USD Million), 2016 – 2026
TABLE 10 Global CAC 40 market volume estimates & forecast for plastics, by region, (Kilo Tons), 2016 – 2026
TABLE 11 Global CAC 40 market revenue estimates & forecast for plastics, by region, (USD Million), 2016 – 2026
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