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 2027
ID: MRFR/CnM/1515-HCR | February 2021 | Region: Global | 140 pages
Market Overview
The Global Cement Market production capacity stood at 5.22 billion tons in 2018. And is expected to register a CAGR of 6.2% during the forecast period from 2019 to 2025.
Cement is a binding agent used for joining or hold of different materials, usually fine powders of inorganic materials with key constituents as limestones, calcium silicate, chalk, shells, and others. Producing of cement is done by combining these key constituents in a rotary kiln at a temperature of 1450 ̊C which leads to the production of clinker, an granular intermediate which is ground in mills to yield cement powder. Cement powder can cbe ategorized as hydraulic and non-hydraulic cements among which hydraulic cements contributes to over 95% of the global cement market, portland cement an example of hydraulic cement is the largest contributor to the global cement industry.
The continuously growing population which is leading to the increasing need for the housing and lodging sector with the rapid industrialization, supported by the government too are the key factors driving the global cement market. Moreover, expanding urbanization in different regions, happening because of the improving gross domestic product (GDP) per capita is fueling the growth of the global cement market.
Sustaining material and energy resources, while maintaining the CO2 emissions rate is the growing challenge that the cement industries are facing worldwide.
Key Players
Some of the key players operating in the global cement market are the 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).
Cement Market Share, by End-Use, 2018 (%)
Source: MRFR Analysis
Segmentation
Based on type, the global cement market has been categorized as Portland cement and others. Among which the Portland cement is the most widely used as it can be used for all generic type of construction purposes. Portland cement can be further divided based on their physical and chemical properties. According to the American Society for Testing and Materials (ASTM), the Portland cement has been categorized as five different types which are moderate sulfate resistance, general-purpose, high early strength, low heat of hydration, and high sulfate-resistance.
Based on end-use, global cement market has been classified as residential construction, commercial construction, and infrastructure. The commercial construction segment dominates the global cement market.
Regional Analysis
Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the region analyzed under the scope of the global cement market.
Because of the presence of the largest and the second-largest cement manufacturing countries present in the region, that is China and India respectively, the Asia-Pacific region held the largest share for the global cement market in 2018 and is expected to be the fastest-growing region during the forecast period. The rapid industrialization and urbanization supported by the government of the region are the driving factor for the growth of cement in the region. Moreover, the government policies like ‘Make in India’ allowing the increase in the foreign direct investment (FDI) has boosted the commercial construction in the region has propelled the growth of cement in the regional market. For instance, according to India brand equity Foundation (IBEF), the FDI investment in cement and gypsum producing companies was valued at USD5.28 billion from April 2000 to December 2018.
North America held the second-largest share in the global cement market in 2018. Owing to an active commercial and infrastructural segment, there is a high demand for cement in the region with the US being the third in consumption of cement.
Europe has a prominent share in the global cement market attributing to the stringent legal, regulatory, and environmental norms which support the adoption of cement as a binder for different purpose due to cement being less harmful to environment and cost-efficient over the other binding agents.
Latin America contributes a healthy share in the global cement market, with countries such as Brazil and Mexico are leading the regional market due to the presence of quality limestone reserve and closeness to more significant markets such as the US and Canada and hence fueling the growth of the cement in the regional market.
The Middle East and Africa are witnessing slow growth in the global cement market because of growing construction in the region leading to more consumption of cement in the region.
Intended Audience
- Cement manufacturers
- Traders and distributers
- Raw material suppliers
- Potential investors
Frequently Asked Questions (FAQ) :
The production capacity of the global Cement market had reached to 5.22 BN tons in 2018.
The production capacity of the global Cement market is expected further grow at 6.2% CAGR during the forecast period (2019-2025).
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.
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