The cement industry in Germany is expected to grow by 3.5% on an annual basis to reach US$ 3.88 billion in 2024.
The German cement industry is expected to remain under pressure in the short term. The decline in homebuilding permits is expected to have an impact on cement sales too in 2024. However, with interest rate cuts and subsequent spending on different infrastructure and construction projects, the publisher expects the demand to revive in the medium to long-term perspective.
In Germany, in 2024, cement manufacturers are investing in carbon dioxide neutral cement plant in the German market in 2024. Holcim Germany, in April 2024, invested hundreds of millions of euros in this climate-neutral cement plant. The EU is also supporting the project with around €110 million in funding. The publisher expects the trend to gain further momentum in the German cement industry in 2024.
The medium to long term growth story in country remains intact. The cement industry in country is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.6% during 2024-2028. The cement output in the country is expected to increase from US$ 3.75 billion in 2023 to reach US$ 4.47 billion by 2028.
This market intelligence report provides a detailed view of market opportunities in the cement industry. With over 50+ KPIs, covering construction markets, distribution channel, end-user, and products in Germany, this databook offering primarily provides data-centric analysis with charts and tables.
In addition, it also provides market size of the cement products and its demand analysis in Germany. With over 50+ KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.
The German cement industry is expected to remain under pressure in the short term. The decline in homebuilding permits is expected to have an impact on cement sales too in 2024. However, with interest rate cuts and subsequent spending on different infrastructure and construction projects, the publisher expects the demand to revive in the medium to long-term perspective.
In Germany, in 2024, cement manufacturers are investing in carbon dioxide neutral cement plant in the German market in 2024. Holcim Germany, in April 2024, invested hundreds of millions of euros in this climate-neutral cement plant. The EU is also supporting the project with around €110 million in funding. The publisher expects the trend to gain further momentum in the German cement industry in 2024.
Decline in homebuilding permits to affect cement industry growth over the short term in Germany
In Germany, building permits for apartments declined by 18.3% in February 2024, compared to the year before. The data, according to the German government, underscores the continued downturn in demand in the construction and real estate market.- The government data shows that some 18,200 permits were issued, which is 4,100 less compared to the 2023 period. This is expected to have an impact on the cement sales in the German market over the short term. To review the construction sector, the German Property Federation has called on the states to cut property sales tax to stem the decline.
Firms are investing in carbon dioxide neutral cement plant in the German market in 2024
Holcim Germany, in April 2024, announced that the construction activities of its new CO2-neutral cement plant begun in Germany. The construction activities are slated for completion in 2028. The plant, notably, will use a technology to capture carbon dioxide on an industrial scale, enabling the firm to capture almost completely greenhouse gases from the exhaust air. The carbon dioxide will then be processed to be used as a raw material in the cement industry.- Unlike traditional methods, this kiln will use pure oxygen instead of regular air, resulting in a process gas rich in CO2. This gas will then be purified and processed in the CO2 Processing Unit. Holcim Germany is investing a substantial amount, in the mid-hundreds of millions of euros, in this climate-neutral cement plant. The EU is also supporting the project with around €110 million in funding.
The medium to long term growth story in country remains intact. The cement industry in country is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.6% during 2024-2028. The cement output in the country is expected to increase from US$ 3.75 billion in 2023 to reach US$ 4.47 billion by 2028.
This market intelligence report provides a detailed view of market opportunities in the cement industry. With over 50+ KPIs, covering construction markets, distribution channel, end-user, and products in Germany, this databook offering primarily provides data-centric analysis with charts and tables.
- Cement Market Dynamics: Provides a comprehensive data-centric view of size and structure, industry dynamics, and cement opportunities in the various end-user segments.
- Distribution Channel: Provides an in-depth analysis of cement distribution channel across products at country level in value terms.
- Cement Products: Provides demand analysis of market by 4 key segments: Portland Cement, Blended Cement, Specialty Cement, and Green Cement. This segment also includes in depth analysis of further sub-segments of 8 cement product types.
Scope
This databook offering provides a detailed data-centric analysis of the cement industry, covering market opportunity, and industry dynamics by cement products and end-user, construction market and distribution channel.In addition, it also provides market size of the cement products and its demand analysis in Germany. With over 50+ KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.
Germany Cement Outlook: 10-year market size & forecast in value and volume
Germany Cement Outlook by product type: 10-year market size & forecast in value and volume
- Portland cement
- Blended Cement
- Portland Cement
- Specialty Cement
- Green Cement
Germany Cement Market by type of Portland Cement, 2019-2028
- Type IS (X), Portland-Slag Cement
- Type IP (X), Portland-Pozzolan Cement
- Type IL (X), Portland-Limestone Cement
- Type IT, Ternary Blended Cement
Germany Cement Market by type of Specialty Cement, 2019-2028
- Rapid Hardening Cement
- High Alumina Cement
- White Cement
- Sulphate Resistant Cement
- Others
Germany Cement Market by Key Markets, 2019-2028
- Residential Buildings
- Non-Residential Buildings
- Infrastructure & Other Markets
Germany Cement Market by Distribution Channel, 2019-2028
- Direct Channel
- Indirect Channel
Germany Cement Market by End-User, 2019-2028
- Ready-Mix Concrete Producers
- Consumers
- Concrete Product Manufacturers
- Other End Users
Germany Cement Market Share by Key Players, 2023
Germany Cement Market Top Import Destinations, 2023
Germany Cement Market Top Export Destinations, 2023
Reasons to buy
- Provide In-depth Understanding of Cement Market Dynamics: Market opportunity, industry dynamics, key trends, restraints and drivers across 50+ market segments.
- In Detail Segmentation of Cement Product Analysis: This report provides demand analysis for four segments of the cement market (Portland, Blended, Specialty, Green) covering 8 cement products, end-users (residential, non-residential, infrastructure), and distribution channels.
- Develop Market-Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market-specific key trends, drivers, and risks in the cement industry.
- Market Share Analysis: Understand the competitive landscape by identifying key players and their market share.
- Import & Export Data: Gain insights into cement trade by knowing the top import and export destinations.
Table of Contents
1. About this Report
2. Germany Cement Industry Dynamics and Growth Prospects
3. Germany Cement Market Dynamics by type
4. Germany Blended Cement Type Demand Analysis and Outlook
5. Germany Speciality Cement Type Demand Analysis and Outlook
6. Germany Cement Dynamics and Outlook by Distribution Channel
7. Germany Cement Dynamics and Outlook by Markets
8. Germany Residential Cement Market Dynamics and Outlook
9. Germany Non-Residential Cement Market Dynamics and Outlook
10. Germany Infrastructure & Other Cement Market Dynamics and Outlook
11. Germany Cement Dynamics and Outlook by End-User
13. Germany Construction Cement Import and Export Analysis by Countries
List of Figures
List of Tables
