Concrete is the most used man made product on earth, it is
at the core of our society and civilization, we make it out of cement to build
homes, roads, runways, sidewalks, water pipes — every other piece of
infrastructure you can think of will probably have a cement element in it.
According to the Royal Society of Chemistry, about three tons of cement is used
per person per year all around the world.
اضافة اعلان
Cement is becoming more difficult to find and supply due to
it being composed of natural resources such as limestone, which has been mined
for centuries.
In addition, the supply shock caused by
COVID affected the
cement industry hard, as it did other mining fields and sectors.
However,
cement is so important to us that its market size is worth over $300 billion
and it is expected to increase almost three times by 2028 according to Fortune
Business Rights. In addition, the United States recently announced a $1
trillion infrastructure bill that will result in huge demand for cement to
build all the roads, railways, tunnels, and bridges that US President Biden
wants to build. This has pushed many new players into the cement business and
incentivized existing companies to expand their operations.
The enormous demand increase on top of existing shortages,
however, should not be the real reason for a future shortage. In fact, the
shortage should be man-made to incentivize innovation in recycling, with the
goal of growing at a faster pace, and this time for a safety reason!
According to the National Academy of Science, cement production
operations accounts for 8 percent of all carbon dioxide emissions globally. It
is single-handedly the largest carbon dioxide polluter in the world.
It’s for
this reason that we have to push forth innovation in the fields of cement recycling
and finding alternative materials for the future; a race that has already
started with big boy billionaires like
Jeff Bezos, Richard Branson, and Bill Gates.
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Opinion and Analysis
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