Gypsum-free Cement Market Study in Chemical Sector Provides Latest Intelligence on Growth in 2024 and Beyond.
In the previous few years, the chemical industry has seen significant changes. It passed through a period of technological disruption, which brought with it new opportunities and challenges. Chemical processing innovation has exploded, assisting businesses in improving their bottom lines.
The new Gypsum-free Cement market research report outlines the key factors that will impact production, supply, and demand during the assessment 2024-2031.
The study tracks Gypsum-free Cement demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyses the impact of COVID-19 on chemicals industry in general and Gypsum-free Cement in particular.
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Alarming Carbon Footprint of OPC Compels Use of Gypsum-free Cement as a Green Material
The cement industry has been facing multiple serious challenges over the recent past, particularly due to dearth of raw materials, rapidly depleting levels of natural resources, rampantly growing cement demand, and highly impactful environmental concerns. Moreover, the cement manufacturing process involves a number of environmentally unsustainable methods, which is yet another concern among experts.
Research has indicated time and again that the industry ought to shift to a reliable green alternative for cement, such as gypsum-free cement, as a ton of OPC (ordinary Portland cement) tends to release equivalent CO2 (carbon dioxide) in surroundings, which remains the primary reason accounting for a massive carbon footprint. While the cement industry is accountable for more than 5% of total CO2 emissions across the globe, it also significantly contributes to the release of other greenhouse gases such as nitrous oxide, and sulphur dioxide.
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How will Gypsum-free Cement Sales Grow in 2024 and Beyond?
The Gypsum-free Cement industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.
Overall, demand for Gypsum-free Cement will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2024 with sales expected to be in the range of 15.5 million to 16 million.
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Key Highlights –
- CAGR of the market during the forecast period 2024-2031
- Detailed information on factors that will assist Gypsum-free Cement market growth during the next five years
- Estimation of the Gypsum-free Cement market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the Gypsum-free Cement market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of Gypsum-free Cement market vendors
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