The latest report by IMARC Group, titled “Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global cement industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global cement market reached a value of US$ 344.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 488.4 Billion by 2027, exhibiting a CAGR of 6.1% during 2022-2027. Cement represents a binding material obtained by grinding a mixture of clay and limestone. It is manufactured by utilizing numerous materials, including shale, slate, blast furnace slag, iron ore, chalk, silica, etc. Cement materials are heated at high temperatures to form rock-like substances, which are grounded into a fine powder and mixed with water to get a hard mass. It is usually bifurcated into two kinds, including hydraulic and non-hydraulic cement. Cement is widely utilized across the construction sector as an adhesive for masonry.

Cement Market NN

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Important Attribute and highlights of the Report:

  • Detailed analysis of the global market share
  • Market Segmentation
  • Historical, current, and projected size of the market in terms of volume and value
  • Latest industry trends and developments
  • Competitive Landscape
  • Strategies of major players and product offerings

Global Cement Market Trends:

The elevating levels of construction activities are among the primary factors propelling the cement market. Besides this, the escalating demand for residential spaces and the growing construction of housing complexes and private bungalows are further augmenting the market growth. Moreover, the rising number of mega infrastructure projects, including malls, roads, airports, etc., particularly across the emerging economies, is also acting as another significant growth-inducing factor. Apart from this, the growing investments by the government bodies of various countries in remodeling and renovating existing public infrastructures are positively influencing the global market for cement. Furthermore, the elevating environmental concerns and shifting consumer preferences towards sustainable development are encouraging the adoption of green cement, which are projected to catalyze the cement market in the coming years.

Competitive Landscape:

By IMARC group the report has also analysed the competitive landscape of the market with some of the top cement manufacturing companies being

  • CNBM International Corporation
  • Anhui Conch Cement Co., Ltd.
  • Jidong Development Group Co., Ltd.
  • LafargeHolcim Ltd
  • HeidelbergCement AG

Key Market Segmentation:                  

Breakup by Type:

  • Blended
  • Portland
  • Others

Breakup by End Use:

  • Residential
  • Commercial
  • Infrastructure

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Explore Full Report with TOC & List of Figure:

TOC for the Report:

  • Preface
  • Scope and Methodology
  • Executive Summary
  • Introduction
  • Global Market
  • SWOT Analysis
  • Value Chain Analysis
  • Price Analysis
  • Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Tags: Cement Market Growth Rate, Cement Market price, Cement Market Share, Cement Market Demand, Cement Market Size, Cement Market

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