Quick Summary:
As the global construction sphere diversifies and expands, the need for comprehensive insight into the cement market has never been more essential. With the Global Cement Market projected to reach a staggering 14.2 Billion Tons by 2030, your company needs the most accurate industry insights to stay competitive and understand the nuances of this complex market.
Our Market Research Report provides an in-depth analysis of future trends, market leaders and key factors driving the industry growth. The report particularly highlights the significant growth in the US and Chinese markets, alongside the potential in emerging economies like India and Australia. With the need for blended cement types set to increase, you'll understand how to adapt your own strategies to meet this demand. Furthermore, you'll draw valuable insights from an analysis of esteemed competitors such as LafargeHolcim Ltd. and HeidelbergCement AG. Equip your business with the knowledge it needs to succeed in tomorrow's cement landscape.
Global Cement Market to Reach 14.2 Billion Tons by 2030
The global market for Cement estimated at 10 Billion Tons in the year 2022, is projected to reach a revised size of 14.2 Billion Tons by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Blended, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach 8.8 Billion Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Portland segment is readjusted to a revised 3.7% CAGR for the next 8-year period.The U.S. Market is Estimated at 2.7 Billion Tons, While China is Forecast to Grow at 7.6% CAGR
The Cement market in the U.S. is estimated at 2.7 Billion Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 3 Billion Tons by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 1.9 Billion Tons by the year 2030.Select Competitors (Total 282 Featured) -
- Adelaide Brighton Ltd.
- Anhui Conch Cement Company Limited
- Boral Ltd.
- Cemex, Inc.
- China National Building Material Co., Ltd.
- CRH PLC
- Eagle Materials, Inc.
- HeidelbergCement AG
- LafargeHolcim Ltd.
- Taiheiyo Cement Corporation
- Tokuyama Corporation
- USG Corporation
- Vulcan Materials Co.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Adelaide Brighton Ltd.
- Anhui Conch Cement Company Limited
- Boral Ltd.
- Cemex, Inc.
- China National Building Material Co., Ltd.
- CRH PLC
- Eagle Materials, Inc.
- HeidelbergCement AG
- LafargeHolcim Ltd.
- Taiheiyo Cement Corporation
- Tokuyama Corporation
- USG Corporation
- Vulcan Materials Co.
