The Supplementary Cementitious Materials Market is expected to register a CAGR of greater than 6% during the forecast period.
The delaying and shutting down of construction activities owing to the prolonged lockdowns and strict social distancing norms resulted in hampered demand for supplementary cementitious materials (SCM) globally. Disruptions in the supply chain and rising inflation have resulted in a brief slowdown in the growth of construction activities, thereby hindering the growth of the SCM market.
The supplementary cementitious materials market is consolidated in nature. Some of the major players in the market are BASF SE, TATA Steel Ltd, ArcelorMittal SA, Sika AG, Ferroglobe PLC, Boral Ltd, CEMEX SAB de CV, CemGreen ApS, Innovative Ash Solutions, HeidelbergCement, and Others.
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