Cement is a binding agent and a key ingredient in concrete and mortar, which is mainly used in construction industry. The demand for cement is strongly correlated to the rate of economic development. Cement manufacturing is the third largest energy consuming and CO2 emitting sector. It is widely used in residential end-sue segment. Cement is used in several other nonresidential applications and infrastructure projects. Increasing demand from these end-use segments is projected to propel the demand for cement during the forecast period.

Considering the economic overview of the market, Asia Pacific is expected to account for a major revenue share of the global cement market. In 2016, Asia Pacific accounted for more than 70% market revenue share in global cement market. This is attributed to strong growth in residential construction sector especially in India and China. Market size and forecast of each end-use segment is presented for the period 2015 to 2025 along with respective CAGR % for the forecast period 2017-2025.

The market size and forecast for the period 2015-2025 along with the CAGRs for the period 2017-2025 for the mentioned segments are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global cement market.

Anhui Conch Cement Co., Ltd., CEMEX S.A.B. de C.V., China National Materials Co., Ltd., Eurocement Group, UltraTech, Taiheiyo Cement Corporation, Heidelberg Cement AG, LafargeHolcim Ltd., China Tianrui Group Cement Company Limited, China Shanshui Cement Group Ltd., Buzzi Unicem S.p.A., CIMPOR - CIMENTOS DE PORTUGAL, SGPS, S.A., Siam Cement Group Public Company Limited, Jaypee Group, Vicat SA, Dangote Group, Fars & Khuzestan Cement Co., OYAK (Ordu Yardimlasma Kurumu) Cimento A.S., Cementir Holding S.p.A., Ramco Cements Ltd., Mitsubishi Materials Corporation, TPI Polene Public Company Ltd., Limak Holding A.S., Saudi Cement. ITD, JK Cement Ltd. are few key manufacturers in the global cement market.

The global cement market is expected to reach over US$ 725.26 Bn by 2025, growing at a CAGR of 7.3% during the forecast period 2017-2025.

Purpose of the Report

The purpose of this strategic research study titled “Global Cement Market - Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the cement market.

Target Audience

• Industry Investors
• Cement Providers/Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Research Institutes

USP and Key Offerings

The report titled “Global Cement Market - Growth, Opportunities, Share & Competitive Analysis, 2017 – 2025” offers strategic insights into the overall cement market along with the market size and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on types, end-use and cross-sectional study across different geographical regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in cement market in terms of business description, financial performance, product portfolio, and business strategies. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the cement industry
• Market drivers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Historical Years market size data (2015 & 2016)

Overall, the research study provides a holistic view of the treatment global cement market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

In the base year 2016, blended cement led the overall cement market in terms of both revenue and volume. The segment accounted for more than 70% of the global market revenue and volume respectively in the same year. The trend shall prolong and the segment is presumed to hold onto its dominant position throughout the forecast period 2017 – 2025. The dominance is majorly on account of superior benefits offered by blended cement over other variants. Blended cement is also presumed to witness comparatively superior growth in terms of revenue, growing at a highest CAGR during the forecast period 2017 -2025.

In the base year 2016, the residential segment led the overall cement market in terms of both revenue and volume. The segment accounted for more than 48% of the global market revenue and volume respectively in the same year.  The trend shall prolong and the segment is presumed to hold onto its dominant position throughout the forecast period 2017 – 2025. On the other hand, the infrastructure segment is expected to witness comparatively stronger growth in terms of both revenue and volume during the forecast period 2017 -2025.

For the purpose of this study, the global cement market is categorized into regional markets viz., North America, Europe, Asia-Pacific and Latin America and Middle East and Africa. In base year 2016, Asia Pacific was observed as the largest regional market for Cement. In 2016, in terms of revenue, global market for Asia Pacific is projected to reach over US$ 525 Bn in 2025 at a highest CAGR from 2017 to 2025. Presence of emerging economies such as China and India expected to drive market growth. Developed economies such as Europe and North America expected to show similar growth trend. It is estimated that Middle East and Africa will show highest cement market growth during forecast period.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cement market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Cement market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Cement market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Cement market?
• Which is the largest regional market for Cement market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Cement market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Cement market worldwide?