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

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



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