Cement Market: Information by Type (Portland Cement and others), by End Use (Residential Construction, Commercial Construction and Infrastructure) and by Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) - Forecast Till 2030
ID: MRFR/CnM/1515-HCR | September 2022 | Region: Global | 140 Pages
Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics of the Global Cement Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis of the Global Cement Market
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers/Producers
5.1.3 Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End User
5.2 Porter’s Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Buyers
5.2.3 Bargaining Power of Suppliers
5.2.4 Threat of Substitutes
5.2.5 Intensity of Competitive Rivalry
5.2 Pricing Analysis
6. Global Cement Market, by Type
6.1 Introduction
6.2 Portland
6.2.1 General Purpose
6.2.1.1 Market Estimates & Forecast, 2020-2027
6.2.1.2 Market Estimates & Forecast, by Region, 2020-2027
6.2.2 Moderate sulfate resistance
6.2.2.1 Market Estimates & Forecast, 2020-2027
6.2.2.2 Market Estimates & Forecast, by Region, 2020-2027
6.2.3 High Early Strength
6.2.3.1 Market Estimates & Forecast, 2020-2027
6.2.3.2 Market Estimates & Forecast, by Region, 2020-2027
6.2.4 Low Heat of Hydration
6.2.4.1 Market Estimates & Forecast, 2020-2027
6.2.4.2 Market Estimates & Forecast, by Region, 2020-2027
6.2.5 High Sulfate-Resistance
6.2.5.1 Market Estimates & Forecast, 2020-2027
6.2.5.2 Market Estimates & Forecast, by Region, 2020-2027
6.3 Others
6.3.1 Market Estimates & Forecast, 2020-2027
6.3.2 Market Estimates & Forecast, by Region, 2020-2027
7. Global Cement Market, by End Use
7.1 Introduction
7.2 Residential Construction
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast, by Region, 2020-2027
7.3 Commercial Construction
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast, by Region, 2020-2027
7.4 Infrastructure
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast, by Region, 2020-2027
8. Global Cement Market, by Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast, by Type, 2020-2027
8.2.3 Market Estimates & Forecast, by End Use, 2020-2027
8.2.4 US
8.2.4.1 Market Estimates & Forecast, 2020-2027
8.2.4.2 Market Estimates & Forecast, by Type, 2020-2027
8.2.4.3 Market Estimates & Forecast, by End Use, 2020-2027
8.2.5 Canada
8.2.5.1 Market Estimates & Forecast, 2020-2027
8.2.5.2 Market Estimates & Forecast, by Type, 2020-2027
8.2.5.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3 Europe
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast, by Type, 2020-2027
8.3.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.4 Germany
8.3.4.1 Market Estimates & Forecast, 2020-2027
8.3.4.2 Market Estimates & Forecast, by Type, 2020-2027
8.3.4.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.5 France
8.3.5.1 Market Estimates & Forecast, 2020-2027
8.3.5.2 Market Estimates & Forecast, by Type, 2020-2027
8.3.5.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.6 Italy
8.3.6.1 Market Estimates & Forecast, 2020-2027
8.3.6.2 Market Estimates & Forecast, by Type, 2020-2027
8.3.6.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.7 Spain
8.3.7.1 Market Estimates & Forecast, 2020-2027
8.3.7.2 Market Estimates & Forecast, by Type,2020-2027
8.3.7.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.8 UK
8.3.8.1 Market Estimates & Forecast, 2020-2027
8.3.8.2 Market Estimates & Forecast, by Type,2020-2027
8.3.8.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.9 Russia
8.3.9.1 Market Estimates & Forecast, 2020-2027
8.3.9.2 Market Estimates & Forecast, by Type,2020-2027
8.3.9.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.10 Poland
8.3.10.1 Market Estimates & Forecast, 2020-2027
8.3.10.2 Market Estimates & Forecast, by Type, 2020-2027
8.3.10.3 Market Estimates & Forecast, by End Use, 2020-2027
8.3.11 Rest of Europe
8.3.11.1 Market Estimates & Forecast, 2020-2027
8.3.11.2 Market Estimates & Forecast, by Type, 2020-2027
8.3.11.3 Market Estimates & Forecast, by End Use, 2020-2027
8.4 Asia-Pacific
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast, by Type, 2020-2027
8.4.3 Market Estimates & Forecast, by End Use, 2020-2027
8.4.4 China
8.4.4.1 Market Estimates & Forecast, 2020-2027
8.4.4.2 Market Estimates & Forecast, by Type, 2020-2027
8.4.4.3 Market Estimates & Forecast, by End Use, 2020-2027
8.4.5 India
8.4.5.1 Market Estimates & Forecast, 2020-2027
8.4.5.2 Market Estimates & Forecast, by Type, 2020-2027
8.4.5.3 Market Estimates & Forecast, by End Use, 2020-2027
8.4.6 Japan
8.4.6.1 Market Estimates & Forecast, 2020-2027
8.4.6.2 Market Estimates & Forecast, by Type, 2020-2027
8.4.6.3 Market Estimates & Forecast, by End Use, 2020-2027
8.4.7 Australia & New Zealand
8.4.7.1 Market Estimates & Forecast, 2020-2027
8.4.7.2 Market Estimates & Forecast, by Type, 2020-2027
8.4.7.3 Market Estimates & Forecast, by End Use, 2020-2027
8.4.8 Rest of Asia-Pacific
8.4.8.1 Market Estimates & Forecast, 2020-2027
8.4.8.2 Market Estimates & Forecast, by Type, 2020-2027
8.4.8.3 Market Estimates & Forecast, by End Use, 2020-2027
8.5 Middle East & Africa
8.5.1 Market Estimates & Forecast, 2020-2027
8.5.2 Market Estimates & Forecast, by Type, 2020-2027
8.5.3 Market Estimates & Forecast, by End Use, 2020-2027
8.5.4 GCC
8.5.4.1 Market Estimates & Forecast, 2020-2027
8.5.4.2 Market Estimates & Forecast, by Type, 2020-2027
8.5.4.3 Market Estimates & Forecast, by End Use, 2020-2027
8.5.5 Israel
8.5.5.1 Market Estimates & Forecast, 2020-2027
8.5.5.2 Market Estimates & Forecast, by Type, 2020-2027
8.5.5.3 Market Estimates & Forecast, by End Use, 2020-2027
8.5.6 North Africa
8.5.6.1 Market Estimates & Forecast, 2020-2027
8.5.6.2 Market Estimates & Forecast, by Type, 2020-2027
8.5.6.3 Market Estimates & Forecast, by End Use, 2020-2027
8.5.7 Turkey
8.5.7.1 Market Estimates & Forecast, 2020-2027
8.5.7.2 Market Estimates & Forecast, by Type, 2020-2027
8.5.7.3 Market Estimates & Forecast, by End Use, 2020-2027
8.5.8 Rest of Middle East & Africa
8.5.8.1 Market Estimates & Forecast, 2020-2027
8.5.8.2 Market Estimates & Forecast, by Type, 2020-2027
8.5.8.3 Market Estimates & Forecast, by End Use, 2020-2027
8.6 Latin America
8.6.1 Market Estimates & Forecast, 2020-2027
8.6.2 Market Estimates & Forecast, by Type, 2020-2027
8.6.3 Market Estimates & Forecast, by End Use, 2020-2027
8.6.4 Brazil
8.6.4.1 Market Estimates & Forecast, 2020-2027
8.6.4.2 Market Estimates & Forecast, by Type, 2020-2027
8.6.4.3 Market Estimates & Forecast, by End Use, 2020-2027
8.6.5 Argentina
8.6.5.1 Market Estimates & Forecast, 2020-2027
8.6.5.2 Market Estimates & Forecast, by Type, 2020-2027
8.6.5.3 Market Estimates & Forecast, by End Use, 2020-2027
8.6.6 Mexico
8.6.6.1 Market Estimates & Forecast, 2020-2027
8.6.6.2 Market Estimates & Forecast, by Type, 2020-2027
8.6.6.3 Market Estimates & Forecast, by End Use, 2020-2027
8.6.7 Rest of Latin America
8.6.7.1 Market Estimates & Forecast, 2020-2027
8.6.7.2 Market Estimates & Forecast, by Type, 2020-2027
8.6.7.3 Market Estimates & Forecast, by End Use, 2020-2027
9. Company Landscape
9.1 Introduction
9.2 Market Strategy
9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)
10. Company Profiles
10.1 LafargeHolcim
10.1.1 Company Overview
10.1.2 Financial Updates
10.1.3 Product/Business Segment Overview
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 Anhui Conch Cement Company Limited
10.2.1 Company Overview
10.2.2 Financial Updates
10.2.3 Product/Business Segment Overview
10.2.4 Strategy
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 HeidelbergCement AG
10.3.1 Company Overview
10.3.2 Financial Updates
10.3.3 Product/Business Segment Overview
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 BBMG Corporation
10.4.1 Company Overview
10.4.2 Financial Updates
10.4.3 Product/Business Segment Overview
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 SWOT Analysis
10.5 CEMEX S.A.B. de C.V.
10.5.1 Company Overview
10.5.2 Financial Updates
10.5.3 Product/Business Segment Overview
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Wonderful Sky Financial Group Limited
10.6.1 Company Overview
10.6.2 Financial Updates
10.6.3 Product/Business Segment Overview
10.6.4 Strategy
10.6.5 Key Developments
10.6.6 SWOT Analysis
10.7 Aditya Birla Management Corporation Pvt. Ltd
10.7.1 Company Overview
10.7.2 Financial Updates
10.7.3 Product/Business Segment Overview
10.7.4 Strategy
10.7.5 Key Developments
10.7.6 SWOT Analysis
10.8 Mitsubishi Materials Corporation
10.8.1 Company Overview
10.8.2 Financial Updates
10.8.3 Product/Business Segment Overview
10.8.4 Strategy
10.8.5 Key Developments
10.8.6 SWOT Analysis
10.9 SCG
10.9.1 Company Overview
10.9.2 Financial Updates
10.9.3 Product/Business Segment Overview
10.9.4 Strategy
10.9.5 Key Developments
10.9.6 SWOT Analysis
10.10 sunnsy
10.10.1 Company Overview
10.10.2 Financial Updates
10.10.3 Product/Business Segment Overview
10.10.4 Strategy
10.10.5 Key Developments
10.10.6 SWOT Analysis
10.11 TAIHEIYO CEMENT CORPORATION
10.11.1 Company Overview
10.11.2 Financial Updates
10.11.3 Product/Business Segment Overview
10.11.4 Strategy
10.11.5 Key Developments
10.11.6 SWOT Analysis
10.12 Titan Cement
10.12.1 Company Overview
10.12.2 Financial Updates
10.12.3 Product/Business Segment Overview
10.12.4 Strategy
10.12.5 Key Developments
10.12.6 SWOT Analysis
10.13 Votorantim
10.13.1 Company Overview
10.13.2 Financial Updates
10.13.3 Product/Business Segment Overview
10.13.4 Strategy
10.13.5 Key Developments
10.13.6 SWOT Analysis
10.14 InterCement
10.14.1 Company Overview
10.14.2 Financial Updates
10.14.3 Product/Business Segment Overview
10.14.4 Strategy
10.14.5 Key Developments
10.14.6 SWOT Analysis
10.15 Shree Cement
10.15.1 Company Overview
10.15.2 Financial Updates
10.15.3 Product/Business Segment Overview
10.15.4 Strategy
10.15.5 Key Developments
10.15.6 SWOT Analysis
11. Conclusion
LIST OF TABLES
Table 1 Global Cement Market: by Region, 2020-2027
Table 2 North America: Cement Market, by Country, 2020-2027
Table 3 Europe: Cement Market, by Country, 2020-2027
Table 4 Asia-Pacific: Cement Market. by Country, 2020-2027
Table 5 Middle East & Africa: Cement Market, by Country, 2020-2027
Table 6 Latin America: Cement Market, by Country, 2020-2027
Table 7 Global Cement Type Market, by Regions, 2020-2027
Table 8 North America: Cement Type Market, by Country, 2020-2027
Table 9 Europe: Cement Type Market, by Country, 2020-2027
Table10 Asia-Pacific: Cement Type Market, by Country, 2020-2027
Table11 Middle East & Africa: Cement Type Market, by Country, 2020-2027
Table12 Latin America: Cement Type Market, by Country, 2020-2027
Table 13 Global Cement End Use Market, by Regions, 2020-2027
Table14 North America: Cement End Use Market, by Country, 2020-2027
Table15 Europe: Cement End Use Market, by Country, 2020-2027
Table16 Asia-Pacific: Cement End Use Market, by Country, 2020-2027
Table17 Middle East & Africa: Cement End Use Market, by Country, 2020-2027
Table18 Latin America: Cement by End Use Market, by Country, 2016-2023
Table19 Global Type Market, by Region, 2020-2027
Table20 Global End Use Market, by Region, 2020-2027
Table21 North America: Cement Market, by Country, 2020-2027
Table22 North America: Cement Market, by Type, 2020-2027
Table23 North America: Cement Market, by End Use, 2020-2027
Table24 Europe: Cement Market, by Country, 2020-2027
Table25 Europe: Cement Market, by Type, 2020-2027
Table26 Europe: Cement Market, by End Use, 2020-2027
Table27 Asia-Pacific: Cement Market, by Country, 2020-2027
Table28 Asia-Pacific: Cement Market, by Type, 2020-2027
Table29 Asia-Pacific: Cement Market, by End Use, 2020-2027
Table30 Middle East & Africa: Cement Market, by Country, 2020-2027
Table31 Middle East & Africa: Cement Market, by Type, 2020-2027
Table32 Middle East & Africa: Cement Market, by End Use, 2020-2027
Table33 Latin America: Cement Market, by Country, 2020-2027
Table34 Latin America: Cement Market, by Type, 2020-2027
Table35 Latin America: Cement Market, by End Use, 2020-2027
LIST OF FIGURES
FIGURE 1 Global Cement Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Cement Market
FIGURE 4 Value Chain of Global Cement Market
FIGURE 5 Share of Global Cement Market in 2020, by Country
FIGURE 6 Global Cement Market, 2020-2027,
FIGURE 7 Global Cement Market Size, by Type, 2020
FIGURE 8 Share of Global Cement Market, by Type, 2020-2027
FIGURE 9 Global Cement Market Size, by End Use, 2020
FIGURE10 Share of Global Cement Market, by End Use, 2020-2027
Cement Market
Cement Market is projected to be worth USD 494.61 Billion by 2030, registering a CAGR of 6.20% during the forecast period (2021 - 2030)
$494.61 Billion
Market Size
6.20%
CAGR
Asia-Pacific
Dominating Region
2021 - 2030
Forecast Period
Segmentation
Key Players
- Shree Cement (India)
- InterCement (Brazil)
- Votorantim (Brazil)
- Titan Cement (Greece)
- TAIHEIYO CEMENT CORPORATION (Japan)
- SCG (Thailand)
- Sunnsy (China)
- CEMEX S.A.B. de C.V. (Mexico)
- BBMG Corporation (China)
Drivers
- The growth trends are majorly in the APAC regions which will help the market achieve new heights
Cement Market Overview
Cement Market is projected to be worth USD 494.61 Billion by 2030, registering a CAGR of 6.20% during the forecast period (2021 - 2030). Owing to the use of cement across various industry vertices, the cement market share is likely to increase at a good rate.
Cement works in the form of a binding agent and has properties that help in holding or joining the other materials. This is usually used in fine powders of inorganic materials and the key constituents are chalks, shells, calcium silicate, and limestone amongst others. Cement production is a step that utilizes the key constituents and compiles them in a rotary kiln. The temperature for this process stands at 1450 degrees celsius. The result of this process is clinker production. This is an intermediate that is run through to obtain yield cement powder. These powders belong to hydraulic and non-hydraulic types. Hydraulic cement dominates the overall production by this sector in the global cement market.
COVID 19 Analysis
Cement is a major ingredient across various industry vertices like the paints and coatings sector, alongside the building and construction units. However, owing to the adverse situation of the pandemic, the lockdown was imposed and the work had to stopped midway for a considerable period. Due to this, the demand for cement declined drastically. Also, the government was imposing many restrictions on the functioning segments like production and manufacturing which led to a decline of revenue for the cement market and also, increased the inability to meet the prevailing demand.
Hence, to help the key cement market players cover the losses and revive the market operations and simultaneously create employment opportunities for the displaced population, the government is rolling out schemes and initiatives that will work positively and stimulate a wide demand. Also, the rise in investment in the research and development sector will create opportunities to create innovative and quality products and launch them on an international scale to serve the needs of a larger audience.
Market Dynamics
Drivers
The global cement production has already reached a quantum of 2.8 billion tonnes and with each passing year till 2050, it is likely to rise by 4 billion tonnes per year approximately. This means that the demand is increasing many folds. The growth trends are majorly in the APAC regions which will help the market achieve new heights during the forecast period ending in 2028.
Restraints
Urbanization is expanding which is a result of an improvised GDP that pushes the global cement market towards excellent growth. However, the need is to maintain the carbon dioxide emission rates and also sustain the energy and material resources for future generations. This is a major factor that targets and presents major challenges to the market during the forecast period of 2021-2028.
Technology Analysis
Portland cement is a type of hydraulic cement that is emerging as the largest contributor of cement amongst the rest on the global scale. The population is growing on a massive scale which is staggering a huge demand for basic amenities like housing and lodging. To build a house, cement holds foremost importance. The construction of buildings is on the way on a large scale. Rapid industrialization is on the way which is gaining great support from the government that will massively help the global cement market market function as per its best potential by the end of the forecast period in 2028.
Study Objectives
- To study the market dynamics and overview of the market before and after the impact of the coronavirus disease and, thus, predict the global growth of the market during the forecast period of 2021-2028
- To understand the market scale of operations, the growth prospects, potential segments, and also understand the functioning of the market segments across various global regions
- To study the competitive degree in the market by witnessing the recent developments of the market players across various global regions during the forecast period of 2021-2028
Market Segmentation
The cement market has been divided all across the globe based on the type and the end-user industry.
Based on the Type
The market has been divided all across the globe based on the type into Portland cement, blended, and many others. The largest market share is held by the Portland cement market. This type of cement is highly used for generic construction purposes. Further, the Portland cement has been sub-divided into high sulfate resistance, low heat of hydration, high early strength, general-purpose, and moderate sulfate resistance.
Based on the End-User Industry
The cement market has been divided all across the globe based on the end-user industry into infrastructure industry, commercial construction industry, and residential industry. The largest market share in the global market is held by the commercial construction industry and it dominates the whole market.
Regional Analysis
The cement market has been divided all across the globe based on the region into the Asia-Pacific region, European region, Latin American region, North American region, and the Middle East and African region. The largest market share in the global market is held by the Asia-Pacific region owing to the presence of the largest and second-largest cement manufacturing industries in this region. Also, this is the fastest-growing region in the world. Additionally, rapid urbanization and industrialization also drive the market in this region.
The second-largest market share in the global market is held by the North American region owing to the active presence of infrastructural and commercial industry. The US is the third-largest consumer of cement owing to an increase in demand.
The third-largest market share in the global market is held by the European region owing to the presence of various regulatory, stringent legal, and environmental norms in this region. It provides cost-efficient cement.
The fourth-largest market share in the global market is held by the Latin American region owing to the presence of Mexico and Brazil. Also, closeness to the market fuels the market demand.
The Middle East and African region show positive growth owing to an increase in demand for the cement industry in this region and will undergo good growth during the forecast period.
Competitive Landscape
The most prominent major key players in the cement market all across the globe are mentioned below:
- Shree Cement (India)
- InterCement (Brazil)
- Votorantim (Brazil)
- Titan Cement (Greece)
- TAIHEIYO CEMENT CORPORATION (Japan)
- SCG (Thailand)
- Sunnsy (China)
- Mitsubishi Materials Corporation (Japan)
- Aditya Birla Management Corporation Pvt. Ltd (India)
- Wonderful Sky Financial Group Limited (China)
- CEMEX S.A.B. de C.V. (Mexico)
- BBMG Corporation (China)
- HeidelbergCement AG (Germany)
- Anhui Conch Cement Company Limited (China)
- LafargeHolcim (France)
These major key players use various strategies to sustain their market position in the cement market in the global market by going for mergers, and acquisitions, by collaborating, setting up a new joint venture, establishing a partnership, developing a new production process, developing a new product line, innovation in the existing product, and many others to expand their customer base in the untapped market of the cement all across the globe.
Recent Developments
- In May 2019, the white cement-based water-proof putty has been launched by J.K. Cement across West Bengal, Chattisgarh, Jharkhand, Madhya Pradesh, Bihar, and Uttar Pradesh.
- In Feb 2019, increasing the production capacity to 15 million metric tons has been planed by spending INR 1700 crore on J.K. cement.
- The largest market share in the cement market is held by the Asia-Pacific region owing to the presence of the largest and second-largest cement manufacturers in this region.
- Wonderful Sky Financial Group Limited (China) has been spending a huge sum of money on research and development to get an upper edge over its competitors. This will help the company by increasing the sales revenue.
Report Overview
This global cement market research report consists of the following elements mentioned below:
- Market Overview
- COVID 19 Analysis
- Market Dynamics
- Technology Analysis
- Market Segmentation
- Regional Analysis
- Competitive Landscape
- Recent Developments
This market research report contains factors that drive the growth of the cement market in the global market along with the factors that restrict its growth in the global market. The technical analysis for the growth estimation during the forecasted period is mentioned. The impact of COVID 19 on the sales revenue of the cement market all across the globe is mentioned. The future growth rate during the forecasted period is estimated and mentioned.
Intended Audience
- Potential investors
- Raw material suppliers
- Traders and distributors
- Cement manufacturers, and many others.
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2030: USD 494.61 Billion |
| CAGR | 6.20% (2022-2030) |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type and End-Use |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | LafargeHolcim (France), Anhui Conch Cement Company Limited (China), HeidelbergCement AG (Germany), BBMG Corporation (China), CEMEX S.A.B. de C.V. (Mexico), Wonderful Sky Financial Group Limited (China) , Aditya Birla Management Corporation Pvt. Ltd (India), Mitsubishi Materials Corporation (Japan), sunnsy (China), SCG (Thailand), TAIHEIYO CEMENT CORPORATION (Japan), Titan Cement (Greece), Votorantim (Brazil), InterCement (Brazil), and Shree Cement (India) |
| Key Market Opportunities | Sustaining material and energy resources, while maintaining the CO2 emissions rate is the growing challenge |
| Key Market Drivers | The continuously growing population which is leading to the increasing need for the housing and lodging sector with the rapid industrialization |
Frequently Asked Questions (FAQ) :
The production capacity of the global Cement market had reached to 6.20% BN tons in 2030.
The cement market is expected to account for a higher market share value of USD 6.20% billion in 2030.
The commercial construction and infrastructure segment is the largest end-use industry in the global Cement market in terms of consumption and revenues.
Asia Pacific holds the largest share in the global Cement market followed by North America and Europe, respectively.
Anhui Conch Cement Company Limited (China), LafargeHolcim (France), HeidelbergCement AG (Germany), CEMEX S.A.B. de C.V. (Mexico), BBMG Corporation (China), Wonderful Sky Financial Group Limited (China), Mitsubishi Materials Corporation (Japan), Aditya Birla Management Corporation Pvt. Ltd (India), Sunnsy (China), Taiheiyo Cement Corporation (Japan), SCG (Thailand), Votorantim (Brazil), InterCement (Brazil), Titan Cement (Greece), and Shree Cement (India), are some of the major players operating in the global Cement market.
