Why cement emissions matter for climate change

A cement is a binder, a substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel (aggregate) together. Cement mixed with fine aggregate produces mortar for masonry, or with sand and gravel, produces concrete. Concrete is the most widely used material in existence and is only behind water as the planet's most-consumed resource.

Cements used in construction are usually inorganic, often lime or calcium silicate based, and can be characterized as either hydraulic or non-hydraulic, depending on the ability of the cement to set in the presence of water

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Cement is a material used for construction which sets, hardens and adheres to other materials binding all of them together. It is often used on its own or to bind sand and gravel together which helps to join rigid masses into coherent structure. Cement is a powdery material having adhesive and cohesive properties.

Rise in residential projects and growth of urbanization are the major drivers which help in surging the growth of cement market whereas side-effects of manufacturing such as lung cancer act as a restraining factor for this market. Carbon capture storage plants use will add new opportunities for this market in the coming years.

Companies Analysis

1. Mitsubishi Materials Corporation
2. Dangote Group
3. China National Materials Group Corp., Ltd.
4. Cemex
5. Lafarge S.A.
6. Jaypee Group
7. Anhui Conch Cement Company Limited.
8. HeidelbergCement AG
9. Italcementi S.p.A.
10. Taiwan Cement Corporation

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Source: The Insight Partners