Global Cement Market

Report Highlights

The global market for cement is valued at $365.9 billion in 2021. The market is estimated to increase from $383.0 billion in 2022 to $490.0 billion by 2027, at a compound annual growth rate (CAGR) of 5.0% during 2022-2027.

Report Includes

• 156 data tables and 50 additional tables
• A comprehensive overview of the global cement market
• Analyses of the global and regional market trends, with market revenue (sales data) for 2020 and 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) through 2027
• Estimation of the actual market size for cement industry in both value and volumetric based terms, market forecast, and corresponding market share analysis by type of cement, end-user sector, and geographic region
• In-depth information (facts and figures) concerning the major factors influencing the progress of the market (drivers, restraints, opportunities, industry-specific challenges) with respect to specific growth trends, upcoming prospects and contributions to the overall market
• Country specific data and market value analysis for the U.S., Canada, Brazil, Mexico, Argentina, Russia, Germany, Italy, France, Spain, Japan, India, China, S. Korea, Indonesia, Vietnam, Indonesia, Iran, Egypt and Turkey etc.
• Discussion of supply chain analysis in the cement industry providing a systematic study of key intermediaries involved, with emphasis on manufacturers, suppliers, and major end customers
• Highlights of the COVID-19 impact on the market for cement, with pandemic implications on the mining industry, demand and supply of cement, market regulations and climate policies
• Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
• Descriptive company profiles of the leading cement manufacturing companies, including Anhui Conch Cement (ACC), CEMEX S.A.B. de C.V., Heidelberg Cement AG, CNBM International Corp., Holcim Group, The Siam Cement Group (SCG) and UltraTech Cement Ltd. (Aditya Birla Group)

Report Scope

This report discusses different types of cement: Portland, blended and others. It offers detailed analysis of manufacturing, composition of different types of cement and prevalent trends and opportunities in the market. Market values are estimated based on multiple factors and analysis of manufacturers’ revenues. Market dynamics within each industry have been identified. Technological advancements and trends are included and other influences (economic conditions and standards) are discussed. BCC Research analyzed domestic and international technological issues and economic considerations.

The market segments in the report are focused on technical and commercial aspects of cement in different application segments: residential and nonresidential (commercial and industrial). The report also discusses the policy and regulatory framework of the cement industry, maintaining environmental sustainability and complying with government regulations.

The report analyzes regional market segments forecast for 2022-2027, with 2021 as a base year. The report offers a competitive scenario for the market, including detailed analysis of key market players and a list of small and regional market players.

The currency used in this report is USD, with market size indicated only in millions of USD. For companies reporting revenue in USD, revenues are taken from annual reports. For companies that reported revenue in other currencies (i.e., Euros and Pounds), the average annual currency conversion rate has been used for each particular year, converting the value into USD. The conversion rate for each currency conversion is provided in this report.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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