LUTON, Bedfordshire, UK, March 18, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and advisory arm of Ameliorate Digital Consultancy Private Limited, has completed and published the final copy of the detailed research report on the Supplementary Cementitious Materials Market.

The globe Complementary market for cementitious materials is expected to grow more than 5.37% CAGR from 2022 to 2028. It is expected to reach over $17 billion by 2028, up from just over $12 billion in 2021. Market growth will be fueled by increasing demand for sustainable construction practices and growing awareness of the environmental impact of cement manufacturing.

Fly ash is the largest segment of the supplementary cementitious materials market, accounting for over 50% of the total market share. Fly ash is a by-product of coal combustion and is commonly used as an SCM in concrete mixes. Other SCMs such as slag, silica fume and natural pozzolan are also used in concrete mixes to enhance their properties.

The construction industry is the largest end-use segment of the supplementary cementitious materials market, accounting for over 75% of the total market share. Using SCMs in concrete mixes offers several benefits such as increased strength, durability and reduced carbon emissions. The growing demand for sustainable building practices is driving the demand for SCMs in the construction industry.

Asia Pacific is the largest market for supplementary cementitious materials, accounting for over 40% of the total market share. The region is expected to continue its dominance over the forecast period, driven by increasing demand for sustainable construction practices in countries such as China, India and Japan. North America and Europe are the other significant markets for supplemental cementitious materials, driven by growing awareness of the environmental impact of cement production and the…