The global calcium aluminate cement market size was worth around USD 1.1 Billion in 2021 and is predicted to grow to around USD 1.7 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.1% between 2022 and 2030.
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➤ The market is experiencing development due to the increasing demand from the construction industry.
The utilization of products will undoubtedly be enhanced by the expansion of the global construction industry. It is primarily employed in the construction industry in a variety of products, including sealers, self-leveling toppings, repair mortars, non-shrink grouts, and bedding mortars. Building attraction usage is expected to increase during the forecast period as a result of urbanization, public and private investment, supportive government regulations, and an expanding population. For example, around 4.4 billion individuals, or 56% of the global population, currently reside in urban areas, as indicated by World Bank Data. The urban population is expected to more than double its present level by 2050, with approximately seven out of ten individuals residing in cities. Consequently, these components are essential growth catalysts for the global calcium aluminate cement industry.
➤ The market growth is restricted by the expensive cost of calcium aluminate.
Calcium aluminate cement is utilized in both the mining and construction sectors. Nevertheless, there are numerous factors that can serve as global calcium aluminate cement market restraints, including consumers’ reluctance to purchase these products due to their high cost. Contractors are discouraged from purchasing it due to the installation, maintenance, and cost of the product. Customers may refrain from purchasing due to these factors, which is anticipated to decrease market demand.
➤ A lucrative opportunity is presented by the increasing demand for technologically advanced procedures.
High-temperature headstrong materials comprise the preponderance of calcium aluminate cement’s applications. Major applications include adhesives with expanding elements that mitigate for shrinkage, applications with sufficient acid resistance, and quick-setting mixes with high early strength. This cement is produced by compressing a solidified dissolve that is primarily composed of hydraulic calcium aluminates. These aluminates are manufactured from a precise balance of calcareous and aluminous components.
➤ Surface softening is a significant challenge as a consequence of chloride chemical attack.
In the areas of the building that were warm and humid, including the roof, restrooms, and kitchens. In roof sections, numerous instances of chemical deterioration were identified. Condensation or discharge occurred each time the units were covered with wood wool slabs. It was discovered that calcium chloride was frequently employed to stabilize the wood fiber in wood wool slabs, with the intention of preventing organic development.
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The Global Calcium Aluminate Cement Market is segmented based on product, application and region
Global Calcium Aluminate Cement Market: Product Segment Analysis
● CAC 40
● CAC 50
● CAC 60
● CAC 70-80
Global Calcium Aluminate Cement Market: Application Segment Analysis
● Refractory
● Building Chemistry
● Technical Concrete
● Pipe & Wastewater
● Mining
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The global Calcium Aluminate Cement market profiles key players such as:
● Calucem
● AGC Ceramics
● Almatis GmbH
● Cementos Molins
● SA
● Cimsa Cemento
● Denka Company Limited
● Gorka Cement
● Imerys Aluminates
● Union Cement
● Zhengzhou Dengfeng Smelting Materials Co. Ltd. (DFSM)
● Henan Suntek International Co. Ltd
● ABC Supply Co. Inc.
???? Recent Developments:
• Calucem, a specialty cement manufacturer, will enhance its market position in the United States by investing US$35 million in the construction of a manufacturing facility in New Orleans in August 2022. Calucem, a division of Cementos Molins, is the second-largest manufacturer of calcium aluminate cement, a high-performance material that is employed in a diverse array of commercial and industrial applications.
• Imerys, a French manufacturer of industrial minerals, invested USD 44 million in India in June 2021 to construct a 30,000-tonne calcium aluminate factory in Vizag, Andhra Pradesh. A raw constituent that is essential for the production of refractories is calcium aluminate.
➤ The market is anticipated to be dominated by North America during the forecast period.
It is anticipated that North America will maintain the largest global calcium aluminate cement market share during the forecast period. This is due to the increasing demand for refractory, resilient iron and steel growth, and the expansion of cement production. Major CAC firms that cater to the domestic CAC market, such as Curimbaba Group, Kerneos, Inc., Calucem, and RWC Cement, are strongly represented in the region. The United States is one of the world’s largest cement producers, with an estimated 89 million tons of cement produced in 2019.
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