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Global Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update

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    Report

  • 1365 Pages
  • June 2024
  • Region: Global
  • ConsTrack360
  • ID: 5760009
The cement industry in Global is expected to grow by 3.3% on an annual basis to reach US$ 354.05 billion in 2024.

The global cement market is expected to record steady growth over the medium term. Asia Pacific is expected to lead the industry growth, with higher spending on infrastructure projects in markets like India and other Southeast Asian markets. As a result, producers are expected to increase their investment in production capacity expansion plan over the next three to four years.

Innovation is also fast-growing in the global cement market. To reduce carbon emission during the cement-making process and offer sustainable alternative, several innovative startups are emerging in the global market. Fortera, for instance, has developed a technology that reduces carbon dioxide in the making of cement. Overall, the publisher maintains a positive growth outlook for the industry over the next three to four years.

Cement consumption is expected to increase across different global markets on the back of infrastructure spending

Cement consumption is expected to increase significantly over the medium term. The projection is based on the advances in infrastructure projects in markets like Vietnam, Brazil, and Peru. In Vietnam, the government has adopted measures like spending increasingly on key transport infrastructure projects and approval of many industrial and urban infrastructures.

In Brazil, the usage of cement has been on the rise in the construction of highways, as some of the state governments are implementing more use of rigid concrete pavement for asphalting roads and highways. In Peru, too, cement consumption is expected to increase on the back of higher spending on infrastructure projects.

Other markets like India are also expected to experience a surge in cement consumption over the next few years. The government has been consistently spending on infrastructure projects and this trend is projected to continue further in 2024. As a result, several cement producers are also expanding their production capacities. This includes sector leaders like UltraTech Cement and JK Cement.

Global startups are driving innovation in the cement industry in 2024

To reduce carbon emission during the cement-making process and offer sustainable alternative, several innovative startups are emerging in the global market. From Europe to North America, these startups are coming up with technology that reduces carbon dioxide in the making of cement.
  • Fortera, the United States-based startup, has developed a technology that reduces carbon dioxide in the making of cement. This technology captures carbon dioxide emissions from the kilns used in cement production and recycles it to produce more cement. Fortera is introducing its technology at a CalPortland facility in Redding, California, one of the largest cement plants in the western United States. This will be Fortera's first commercial-scale implementation of their innovative approach.
  • Sweden-based Cemvision also offers a sustainable alternative to traditional Portland cement, slashing CO2 emissions by over 95% while maintaining durability and performance. The cement is made from recycled industrial waste and uses green electricity to power kilns at much lower temperatures. Furthermore, Cemvision’s cement develops early strength up to five times faster than Portland cement, enhancing productivity.
Cemvision, in March 2024, announced that the firm had secured a €10 million seed investment. This seed funding round was led by Polar Structure, Backing Minds, and Zacua Ventures. Going forward, in 2024, the publisher expects more such innovative startups to emerge in the global cement industry, aiding innovation in the sector.

Global building material firms are acquiring Australian cement producers to strengthen their position in the market

CRH, the Ireland-based global building materials solutions provider, acquired Australian firm Adbri in February 2024. The deal is in partnership with Barro Group, which already controlled 43% of Adbri at the time of the acquisition announcement. CRH, notably, also held 4.6% in the firm and post-acquisition has a 57% stake in Adbri. The firm acquired around 53% stake in Adbri for A$1.1 billion.
  • Adbri is one of the leading building materials firms in Australia. The firm has more than 200 plants and facilities across the nation. The acquisition will enable CRH to further expand its presence in the Australian market, where the firm has been operational for 15 years.
  • The acquisition comes after Saint-Gobain agreed to acquire all outstanding shares of CSR in February 2024. CSR is another Australian manufacturer and supplier of building products, including cement. With this deal, Saint-Gobain is also seeking to strengthen its position in the Australian construction industry over the next few years.
Belgium-based Etex, in October 2023, also announced that the firm is acquiring Australian firm BGC to expand its activities in the attractive Australian market. As part of the deal, Etex is acquiring BGC’s plasterboard and fiber cement businesses. These acquisition deals are expected to further drive the competitive landscape in the Australian market over the medium term.

The medium to long term growth story in global growth remains intact. The cement industry 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 2.9% during 2024-2028. The cement output in the country is expected to increase from US$ 342.87 billion in 2023 to reach US$ 397.00 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 each country, 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.
The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

This title is a bundled offering, combining the following 21 reports (1,716 tables and 2,240 charts):

  • Global Report - Global Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 1 - Argentina Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 2 - Australia Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 3 - Brazil Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 4 - Canada Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 5 - China Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 6 - France Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 7 - Germany Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 8 - India Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 9 - Indonesia Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 10 - Italy Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 11 - Kenya Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 12 - Mexico Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 13 - Nigeria Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 14 - Philippines Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 15 - Russia Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 16 - South Africa Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 17 - Thailand Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 18 - United Arab Emirates Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 19 - United Kingdom Cement Business and Investment Opportunities (2018-2028) Databook
  • Country Report 20 - United States Cement Business and Investment Opportunities (2018-2028) Databook

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 at country and regional level.

In addition, it also provides market size of the cement products and its demand analysis at regional and country level. With over 50+ KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.

Each regional and country databook provides the breakdown of the cement market as detailed below:

Cement Outlook: 10-year market size & forecast in value and volume

Cement Outlook by product type: 10-year market size & forecast in value and volume

  • Portland cement
  • Blended Cement
  • Portland Cement
  • Specialty Cement
  • Green Cement

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

Cement Market by type of Specialty Cement, 2019-2028

  • Rapid Hardening Cement
  • High Alumina Cement
  • White Cement
  • Sulphate Resistant Cement
  • Others

Cement Market by Key Markets, 2019-2028

  • Residential Buildings
  • Non-Residential Buildings
  • Infrastructure & Other Markets

Cement Market by Distribution Channel, 2019-2028

  • Direct Channel
  • Indirect Channel

Cement Market by End-User, 2019-2028

  • Ready-Mix Concrete Producers
  • Consumers
  • Concrete Product Manufacturers
  • Other End Users

Cement Market Share by Key Players, 2023

Cement Market Top Import Destinations, 2023

Cement Market Top Export Destinations, 2023

Reasons to buy

With over 50+ KPIs at the country and regional level, this report provides comprehensive understanding of market dynamics at a more granular level.
  • 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

This title is a bundled offering, combining the following 21 reports (660+ tables and 2240 charts):
1. Global Cement Business and Investment Opportunities (2019-2028) Databook
2. Argentina Cement Business and Investment Opportunities (2019-2028) Databook
3. Australia Cement Business and Investment Opportunities (2019-2028) Databook
4. Brazil Cement Business and Investment Opportunities (2019-2028) Databook
5. Canada Cement Business and Investment Opportunities (2019-2028) Databook
6. China Cement Business and Investment Opportunities (2019-2028) Databook
7. France Cement Business and Investment Opportunities (2019-2028) Databook
8. Germany Cement Business and Investment Opportunities (2019-2028) Databook
9. India Cement Business and Investment Opportunities (2019-2028) Databook
10. Indonesia Cement Business and Investment Opportunities (2019-2028) Databook
11. Italy Cement Business and Investment Opportunities (2019-2028) Databook
12. Kenya Cement Business and Investment Opportunities (2019-2028) Databook
13. Mexico Cement Business and Investment Opportunities (2019-2028) Databook
14. Nigeria Cement Business and Investment Opportunities (2019-2028) Databook
15. Philippines Cement Business and Investment Opportunities (2019-2028) Databook
16. Russia Cement Business and Investment Opportunities (2019-2028) Databook
17. South Africa Cement Business and Investment Opportunities (2019-2028) Databook
18. Thailand Cement Business and Investment Opportunities (2019-2028) Databook
19. United Arab Emirates Cement Business and Investment Opportunities (2019-2028) Databook
20. United Kingdom Cement Business and Investment Opportunities (2019-2028) Databook
21. United States Cement Business and Investment Opportunities (2019-2028) Databook
All regional, and country reports mentioned above will have the following tables of contents:
1. About this Report
1.1 Introduction
1.2 Research Methodology
1.3 Definitions
1.4 Disclaimer
2. Cement Industry Dynamics and Growth Prospects
2.1 Cement Industry Market Size and Forecast By Value, 2019 - 2028
2.2 Cement Industry Market Size and Forecast By Volume, 2019 - 2028
3. Cement Market Dynamics by type
3.1 Market Share Trend Analysis by Type of Cement, 2019 - 2028
3.2 Portland cement Market Size and Forecast, 2019 - 2028
3.3 Blended Cement Market Size and Forecast, 2019 - 2028
3.4 Speciality Cement Market Size and Forecast, 2019 - 2028
3.5 Green Cement Market Size and Forecast, 2019 - 2028
4. Blended Cement Type Demand Analysis and Outlook
4.1 Market Share Trend Analysis by Blended Cement Type, 2019 - 2028
4.2 Type IS (X), Portland-Slag Cement Market Size and Forecast, 2019 - 2028
4.3 Type IP (X), Portland-Pozzolan Cement Market Size and Forecast, 2019 - 2028
4.4 Type IL (X), Portland-Limestone Cement Market Size and Forecast, 2019 - 2028
4.5 Type IT, Ternary Blended Cement Market Size and Forecast, 2019 - 2028
5. Speciality Cement Type Demand Analysis and Outlook
5.1 Market Share Trend Analysis by Speciality Cement Type, 2019 - 2028
5.2 Rapid Hardening Cement Market Size and Forecast, 2019 - 2028
5.3 High Alumina Cement Market Size and Forecast, 2019 - 2028
5.4 White Cement Market Size and Forecast, 2019 - 2028
5.5 Sulphate Resistant Cement Market Size and Forecast, 2019 - 2028
5.6 Other Cement Market Size and Forecast, 2019 - 2028
6. Cement Dynamics and Outlook by Distribution Channel
6.1 Market Share Trend Analysis by Distribution Channel, 2019 - 2028
6.2 Direct Distribution Channel Cement Market Size and Forecast, 2019 - 2028
6.3 Indirect Distribution Channel Cement Market Size and Forecast, 2019 - 2028
7. Cement Dynamics and Outlook by Markets
7.1 Market Share Trend Analysis by Cement Markets, 2019 - 2028
7.2 Cement in Residential Market Size and Forecast, 2019 - 2028
7.3 Cement in Non-residential Market Size and Forecast, 2019 - 2028
7.4 Cement in Infrastructure & Other Markets Size and Forecast, 2019 - 2028
8. Residential Cement Market Dynamics and Outlook
8.1 Market Share Trend Analysis by Residential Cement by Construction Stage, 2019 - 2028
8.2 Renovation in Residential Market Size and Forecast, 2019 - 2028
8.3 New construction in Residential Market Size and Forecast, 2019 - 2028
9. Non-Residential Cement Market Dynamics and Outlook
9.1 Market Share Trend Analysis by Non-Residential Cement by Construction Stage, 2019 - 2028
9.2 Renovation in Non-Residential Construction Market Size and Forecast, 2019 - 2028
9.3 New construction in Non-Residential Cement Market Size and Forecast, 2019 - 2028
10. Infrastructure & Other Cement Market Dynamics and Outlook
10.1 Market Share Trend Analysis by Infrastructure & Other Cement by Construction Stage, 2019 - 2028
10.2 Renovation in Infrastructure & Other Market Size and Forecast, 2019 - 2028
10.3 New construction in Infrastructure & Other Cement Market Size and Forecast, 2019 - 2028
11. Cement Dynamics and Outlook by End-User
11.1 Market Share Trend Analysis by Cement End-User, 2019 - 2028
11.2 Ready-Mix Concrete Producers Cement Market Size and Forecast, 2019 - 2028
11.3 Consumers Cement Market Size and Forecast, 2019 - 2028
11.4 Concrete Product Manufacturers Cement Market Size and Forecast, 2019 - 2028
11.5 Others Cement Market Size and Forecast, 2019 - 2028
12. Cement Market Share by Key Players, 2023
13. Construction Cement Import and Export Analysis by Countries
13.1 Top Cement Export Destinations, 2023
13.2 Top Cement Import Destinations, 2023
This bundled offering has 46 figures across 21 regional and country reports. All regional and country reports will have the following figures:
Figure 1: Research Methodology
Figure 2: Cement - Market Size (USD Million), 2019-2028
Figure 3: Cement - Market Size (Million Tons), 2019-2028
Figure 4: Cement - Market Share Trend Analysis by Type of Cement (%), 2023
Figure 5: Portland Cement - Market Sizeby value (USD Million), 2019-2028
Figure 6: Portland Cement - Market Size by volume (Thousand Tons), 2019-2028
Figure 7: Blended Cement - Market Size by value (USD Million), 2019-2028
Figure 8: Blended Cement - Market Size by volume (Thousand Tons), 2019-2028
Figure 9: Speciality Cement - Market Size by value (USD Million), 2019-2028
Figure 10: Specialty Cement - Market Size by volume (Thousand Tons), 2019-2028
Figure 11: Green Cement - Market Size by value (USD Million), 2019-2028
Figure 12: Green Cement - Market Size by volume (Thousand Tons), 2019-2028
Figure 13: Market Share Trend Analysis by Blended Cement Type (%), 2023
Figure 14: Type IS (X), Portland-Slag Cement - Market Size (USD Million), 2019-2028
Figure 15: Type IP (X), Portland-Pozzolan Cement - Market Size (USD Million), 2019-2028
Figure 16: Type IL (X), Portland-Limestone Cement - Market Size (USD Million), 2019-2028
Figure 17: Type IT, Ternary Blended Cement- Market Size (USD Million), 2019-2028
Figure 18: Market Share Trend Analysis by Speciality Cement Type (%), 2023
Figure 19: Rapid Hardening Cement - Market Size (USD Million), 2019-2028
Figure 20: High Alumina Cement - Market Size (USD Million), 2019-2028
Figure 21: White Cement - Market Size (USD Million), 2019-2028
Figure 22: Sulphate Resistant Cement - Market Size (USD Million), 2019-2028
Figure 23: Other Cement - Market Size (USD Million), 2019-2028
Figure 24: Market Share Trend Analysis by Distribution Channel (%), 2023
Figure 25: Direct Distribution Channel Cement - Market Size (USD Million), 2019-2028
Figure 26: Indirect Distribution Channel Cement - Market Size (USD Million), 2019-2028
Figure 27: Market Share Trend Analysis by Cement Markets (%), 2023
Figure 28: Cement In Residential - Market Size (USD Million), 2019-2028
Figure 29: Cement In Non-residential - Market Size (USD Million), 2019-2028
Figure 30: Cement in Infrastructure & Other - Market Size (USD Million), 2019-2028
Figure 31: Market Share Trend Analysis by Residential Market by Construction Stage (%), 2023
Figure 32: Renovation in Residential Market Cement - Market Size (USD Million), 2019-2028
Figure 33: New Construction in Residential Cement - Market Size (USD Million), 2019-2028
Figure 34: Market Share Trend Analysis by Non-Residential Market by Construction Stage (%), 2023
Figure 35: Renovation in Non-Residential Cement - Market Size (USD Million), 2019-2028
Figure 36: New Construction in Non-Residential Cement - Market Size (USD Million), 2019-2028
Figure 37: Market Share Trend Analysis by Infrastructure & Other by Construction Stage (%), 2023
Figure 38: Renovation in Infrastructure & Other Cement - Market Size (USD Million), 2019-2028
Figure 39: New Construction in Infrastructure & Other Cement - Market Size (USD Million), 2019-2028
Figure 40: Market Share Trend Analysis by Cement End-User (%), 2023
Figure 41: Ready-Mix Concrete Producers Cement - Market Size (USD Million), 2019-2028
Figure 42: Consumers Cement - Market Size (USD Million), 2019-2028
Figure 43: Concrete Product Manufacturers Cement - Market Size (USD Million), 2019-2028
Figure 44: Others Cement - Market Size (USD Million), 2019-2028
Figure 45: Cement Market Share by Key Players, 2023
Figure 46: Top Cement Export Destinations, 2023
Figure 47: Top Cement Import Destinations, 2023
This bundled offering has 34 tables across 21 regional and country reports. All regional and country reports will have the following tables:
Table 1: Cement - Market Size by value (USD Million), 2019-2028
Table 2: Cement - Market Size by volume (Million Tons), 2019-2028
Table 3: Portland Cement - Market Size by value (USD Million), 2019-2028
Table 4: Portland Cement - Market Size by volume (Thousand Tons), 2019-2028
Table 5: Blended Cement - Market Size by value (USD Million), 2019-2028
Table 6: Blended Cement - Market Size by volume (Thousand Tons), 2019-2028
Table 7: Specialty Cement - Market Size by value (USD Million), 2019-2028
Table 8: Specialty Cement - Market Size by volume (Thousand Tons), 2019-2028
Table 9: Green Cement - Market Size by value (USD Million), 2019-2028
Table 10: Green Cement - Market Size by volume (Thousand Tons), 2019-2028
Table 11: Type IS (X), Portland-Slag Cement - Market Size (USD Million), 2019-2028
Table 12: Type IP (X), Portland-Pozzolan Cement - Market Size (USD Million), 2019-2028
Table 13: Type IL (X), Portland-Limestone Cement - Market Size (USD Million), 2019-2028
Table 14: Type IT, Ternary Blended Cement- Market Size (USD Million), 2019-2028
Table 15: Rapid Hardening Cement - Market Size (USD Million), 2019-2028
Table 16: High Alumina Cement - Market Size (USD Million), 2019-2028
Table 17: White Cement - Market Size (USD Million), 2019-2028
Table 18: Sulphate Resistant Cement - Market Size (USD Million), 2019-2028
Table 19: Other Cement - Market Size (USD Million), 2019-2028
Table 20: Direct Distribution Channel Cement - Market Size (USD Million), 2019-2028
Table 21: Indirect Distribution Channel Cement - Market Size (USD Million), 2019-2028
Table 22: Cement In Residential - Market Size (USD Million), 2019-2028 37
Table 23: Cement In Non-residential - Market Size (USD Million), 2019-2028
Table 24: Cement In Infrastructure & Other - Market Size (USD Million), 2019-2028
Table 25: Renovation in Residential Cement - Market Size (USD Million), 2019-2028
Table 26: New Construction in Residential Cement - Market Size (USD Million), 2019-2028
Table 27: Renovation in Non-Residential Cement - Market Size (USD Million), 2019-2028
Table 28: New Construction in Non-Residential Cement - Market Size (USD Million), 2019-2028
Table 29: Renovation in Infrastructure & Other Cement - Market Size (USD Million), 2019-2028
Table 30: New Construction in Infrastructure & Other Cement - Market Size (USD Million), 2019-2028
Table 31: Ready-Mix Concrete Producers Cement - Market Size (USD Million), 2019-2028
Table 32: Consumers Cement - Market Size (USD Million), 2019-2028
Table 33: Concrete Product Manufacturers Cement - Market Size (USD Million), 2019-2028
Table 34: Others Cement - Market Size (USD Million), 2019-2028