Table of Content

1. Executive Summary


2. Introduction

2.1 Cement: An Overview
2.1.1 Manufacturing Process of Cement
2.1.2 Types of Cement

2.2 Cement Segmentation: An Overview
2.2.1 Cement Segmentation


3. Global Market Analysis

3.1 Global Cement Market: An Analysis

3.1.1 Global Cement Market: An Overview
3.1.2 Global Cement Market by Value
3.1.3 Global Cement Market by Type (Blended, Portland and Others)
3.1.4 Global Cement Market by Application (Non Residential and Residential)

3.2 Global Cement Market: Type Analysis

3.2.1 Global Cement Market by Type: An Overview
3.2.2 Global Blended Cement Market by Value
3.2.3 Global Portland Cement Market by Value
3.2.4 Global Other Cement Market by Value

3.3 Global Cement Market: Application Analysis

3.3.1 Global Cement Market by Application: An Overview
3.3.2 Global Non Residential Cement Market by Value
3.3.3 Global Residential Cement Market by Value

3.4 Global Cement Market Production: An Analysis

3.4.1 Global Cement Market by Production: An Overview
3.4.2 Global Cement Market by Production
3.4.3 Global Cement Market Production by Region (Asia Pacific, Europe, The US, and ROW)

3.5 Global Cement Market Consumption: An Analysis

3.5.1 Global Cement Market by Consumption: An Overview
3.5.2 Global Cement Market by Consumption
3.5.3 Global Cement Market Consumption by Region (Asia Pacific, Middle East & Africa, Europe, North America, and Latin America)


4. Regional Market Analysis

4.1 Asia Pacific Cement Market: An Analysis

4.1.1 Asia Pacific Cement Market by Production: An Overview
4.1.2 Asia Pacific Cement Market by Production
4.1.3 Asia Pacific Cement Market Production by Region (China, India, Indonesia, Japan and Rest of Asia Pacific)
4.1.4 China Cement Market by Production
4.1.5 India Cement Market by Production
4.1.6 Indonesia Cement Market by Production
4.1.7 Japan Cement Market by Production
4.1.8 Rest of Asia Pacific Cement Market by Production
4.1.9 Asia Pacific Cement Market by Consumption: An Overview
4.1.10 Asia Pacific Cement Market by Consumption
4.1.11 Asia Pacific Cement Market Consumption by Region (China, India, Indonesia, Japan and Rest of Asia Pacific)
4.1.12 China Cement Market by Consumption
4.1.13 India Cement Market by Consumption
4.1.14 India Cement Market Consumption by End User (Housing, Infrastructure, Government Housing Programs and Other (Industrial & Commercial))
4.1.15 India Housing Cement Market by Consumption
4.1.16 India Infrastructure Cement Market by Consumption
4.1.17 India Government Housing Program Cement Market by Consumption
4.1.18 India Others (Industrial & Commercial) Cement Market by Consumption
4.1.19 Indonesia Cement Market by Consumption
4.1.20 Japan Cement Market by Consumption
4.1.21 Rest of Asia Pacific Cement Market by Consumption

4.2 Middle East & Africa Cement Market: An Analysis

4.2.1 Middle East & Africa Cement Market: An Overview
4.2.2 Middle East & Africa Cement Market by Consumption

4.3 Europe Cement Market: An Analysis

4.3.1 Europe Cement Market by Production: An Overview
4.3.2 Europe Cement Market by Production
4.3.3 Europe Cement Market Production by Region (Russia, Germany, Italy, Spain, The UK, and Rest of the Europe)
4.3.4 Russia Cement Market by Production
4.3.5 Germany Cement Market by Production
4.3.6 Italy Cement Market by Production
4.3.7 Spain Cement Market by Production
4.3.8 The UK Cement Market by Production
4.3.9 Rest of Europe Cement Market by Production
4.3.10 Europe Cement Market by Consumption: An Overview
4.3.11 Europe Cement Market by Consumption
4.3.12 Europe Cement Market Consumption by Region (Russia, Germany, Italy, Spain, The UK, and Rest of the Europe)
4.3.13 Russia Cement Market by Consumption
4.3.14 Germany Cement Market by Consumption
4.3.15 Germany Cement Market Consumption by End User (Non-Residential, Residential and Civil Engineering)
4.3.16 Italy Cement Market by Consumption
4.3.17 Spain Cement Market by Consumption
4.3.18 Spain Cement Market Consumption by End User (Civil Works, Housing and Non Residential)
4.3.19 The UK Cement Market by Consumption
4.3.20 Rest of Europe Cement Market by Consumption

4.4 North America Cement Market: An Analysis

4.4.1 North America Cement Market: An Overview
4.4.2 North America Cement Market by Consumption
4.4.3 North America Cement Market Consumption by Region (The US, Mexico and Canada)
4.4.4 The US Cement Market by Consumption
4.4.5 The US Cement Market Consumption by End User (Public, Residential, Non Residential and Other)
4.4.6 The US Cement Market by Production
4.4.7 Mexico Cement Market by Consumption
4.4.8 Mexico Cement Market Consumption by End User (informal Residential, Industrial/Commercial, Formal Residential and Infrastructure)
4.4.9 Canada Cement Market by Consumption

4.5 Latin America Cement Market: An Analysis

4.5.1 Latin America Cement Market: An Overview
4.5.2 Latin America Cement Market by Consumption


5. Impact of Covid-19

5.1 Impact of COVID-19

5.1.1 Impact of COVID-19 on Cement Market
5.1.2 Drop in Construction Activities
5.1.3 Reduction in Maritime Trade
5.1.4 Post COVID Outlook


6. Market Dynamics

6.1 Growth Drivers
6.1.1 Rapid Urbanization
6.1.2 Rising Disposable Incomes
6.1.3 Surging Infrastructure Projects
6.1.4 Surging Demand from Construction Activities
6.1.5 Utilization of Circulating Resources

6.2 Challenges
6.2.1 Rising Government Regulations on Carbon Emissions from Manufacturing Plants
6.2.3 Higher Power Consumption

6.3 Market Trends
6.3.1 Growing Civil Engineering Sector
6.3.2 Increasing Adoption of Green Cement
6.3.3 Technological Advancements in the Production Process
6.3.4 Digitalization and Automation
6.3.5 Use of Alternative Fuels in Cement Manufacturing
6.3.6 Integration of AI in Cement Industry


7. Competitive Landscape

7.1 Global Cement Players by Installed Capacity
7.2 Global Cement Market Players: Key Developments
7.3 Indonesia Cement Players by Market Share
7.4 Germany Cement Players by Market Share
7.5 Italy Cement Players by Market Share
7.6 Spain Cement Players by Market Share
7.7 The UK Cement Players by Market Share
7.8 Russia Cement Players by Market Share
7.9 Japan Cement Players by Market Share
7.10 Canada Cement Players by Market Share


8. Company Profiles

8.1 UltraTech Cement Ltd.
8.1.1 Business Overview
8.1.2 Operating Locations
8.1.3 Business Strategy

8.2 China National Building Material Company Ltd.
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy

8.3 Cemex SAB de CV
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategy

8.4 HeidelbergCement AG
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy

8.5 Anhui Conch Cement Co Ltd
8.5.1 Business Overview
8.5.2 Operating Segments

8.6 Holcim Ltd.
8.6.1 Business Overview
8.6.2 Operating Segments
8.6.3 Business Strategy

8.7 China Resources Cement Holdings Limited
8.7.1 Business Overview
8.7.2 Operating Segments
8.7.3 Business Strategy

8.8 Taiwan Cement Corporation
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategy

8.9 China Shanshui Cement Group
8.9.1 Business Overview
8.9.2 Operating Segments

8.10 Huaxin Cement Co., Ltd.
8.10.1 Business Overview
8.10.2 Operating Segments

8.11 Votorantim Cementos
8.11.1 Business Overview

8.12 Tangshan Jidong Cement Co., Ltd.
8.12.1 Business Overview

List of Figures

Figure 1: Manufacturing Process of Cement
Figure 2: Types of Cement
Figure 3: Cement Segmentation
Figure 4: Global Cement Market by Value; 2019-2023 (US$ Billion)
Figure 5: Global Cement Market by Value; 2024-2029 (US$ Billion)
Figure 6: Global Cement Market by Type; 2023 (Percentage, %)
Figure 7: Global Cement Market by Application; 2023 (Percentage, %)
Figure 8: Global Blended Cement Market by Value; 2019-2023 (US$ Billion)
Figure 9: Global Blended Cement Market by Value; 2024-2029 (US$ Billion)
Figure 10: Global Portland Cement Market by Value; 2019-2023 (US$ Billion)
Figure 11: Global Portland Cement Market by Value; 2024-2029 (US$ Billion)
Figure 12: Global Other Cement Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global Other Cement Market by Value; 2024-2029 (US$ Billion)
Figure 14: Global Non Residential Cement Market by Value; 2019-2023 (US$ Billion)
Figure 15: Global Non Residential Cement Market by Value; 2024-2029 (US$ Billion)
Figure 16: Global Residential Cement Market by Value; 2019-2023 (US$ Billion)
Figure 17: Global Residential Cement Market by Value; 2024-2029 (US$ Billion)
Figure 18: Global Cement Market by Production; 2019-2023 (Billion Ton)
Figure 19: Global Cement Market by Production; 2024-2029 (Billion Ton)
Figure 20: Global Cement Market Production by Region; 2023 (Percentage, %)
Figure 21: Global Cement Market by Consumption; 2019-2023 (Billion Ton)
Figure 22: Global Cement Market by Consumption; 2024-2029 (Billion Ton)
Figure 23: Global Cement Market Consumption by Region; 2023 (Percentage, %)
Figure 24: Asia Pacific Cement Market by Production; 2019-2023 (Billion Ton)
Figure 25: Asia Pacific Cement Market by Production; 2024-2029 (Billion Ton)
Figure 26: Asia Pacific Cement Market Production by Region; 2023 (Percentage, %)
Figure 27: China Cement Market by Production; 2021-2023 (Billion Ton)
Figure 28: China Cement Market by Production; 2024-2029 (Billion Ton)
Figure 29: India Cement Market by Production; 2021-2023 (Million Ton)
Figure 30: India Cement Market by Production; 2024-2029 (Million Ton)
Figure 31: Indonesia Cement Market by Production; 2021-2023 (Million Ton)
Figure 32: Indonesia Cement Market by Production; 2024-2029 (Million Ton)
Figure 33: Japan Cement Market by Production; 2021-2023 (Million Ton)
Figure 34: Japan Cement Market by Production; 2024-2029 (Million Ton)
Figure 35: Rest of Asia Pacific Cement Market by Production; 2021-2023 (Million Ton)
Figure 36: Rest of Asia Pacific Cement Market by Production; 2024-2029 (Million Ton)
Figure 37: Asia Pacific Cement Market by Consumption; 2019-2023 (Billion Ton)
Figure 38: Asia Pacific Cement Market by Consumption; 2024-2029 (Billion Ton)
Figure 39: Asia Pacific Cement Market Consumption by Region; 2023 (Percentage, %)
Figure 40: China Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 41: China Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 42: India Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 43: India Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 44: India Cement Market Consumption by End User; 2023 (Percentage, %)
Figure 45: India Housing Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 46: India Housing Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 47: India Infrastructure Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 48: India Infrastructure Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 49: India Government Housing Program Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 50: India Government Housing Program Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 51: India Others (Industrial & Commercial) Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 52: India Others (Industrial & Commercial) Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 53: Indonesia Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 54: Indonesia Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 55: Japan Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 56: Japan Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 57: Rest of Asia Pacific Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 58: Rest of Asia Pacific Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 59: Middle East & Africa Cement Market by Consumption; 2019-2023 (Million Ton)
Figure 60: Middle East & Africa Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 61: Europe Cement Market by Production; 2023-2029 (Million Ton)
Figure 62: Europe Cement Market by Production; 2023-2029 (Million Ton)
Figure 63: Europe Cement Market Production by Region; 2023 (Percentage, %)
Figure 64: Russia Cement Market by Production; 2021-2023 (Million Ton)
Figure 65: Russia Cement Market by Production; 2024-2029 (Million Ton)
Figure 66: Germany Cement Market by Production; 2021-2023 (Million Ton)
Figure 67: Germany Cement Market by Production; 2024-2029 (Million Ton)
Figure 68: Italy Cement Market by Production; 2021-2023 (Million Ton)
Figure 69: Italy Cement Market by Production; 2024-2029 (Million Ton)
Figure 70: Spain Cement Market by Production; 2021-2023 (Million Ton)
Figure 71: Spain Cement Market by Production; 2024-2029 (Million Ton)
Figure 72: The UK Cement Market by Production; 2021-2023 (Million Ton)
Figure 73: The UK Cement Market by Production; 2024-2029 (Million Ton)
Figure 74: Rest of Europe Cement Market by Production; 2021-2023 (Million Ton)
Figure 75: Rest of Europe Cement Market by Production; 2024-2029 (Million Ton)
Figure 76: Europe Cement Market by Consumption; 2019-2023 (Million Ton)
Figure 77: Europe Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 78: Europe Cement Market Consumption by Region; 2023 (Percentage, %)
Figure 79: Russia Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 80: Russia Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 81: Germany Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 82: Germany Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 83: Germany Cement Market Consumption by End User; 2023 (Percentage, %)
Figure 84: Italy Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 85: Italy Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 86: Spain Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 87: Spain Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 88: Spain Cement Market Consumption by End User; 2023 (Percentage, %)
Figure 89: The UK Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 90: The UK Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 91: Rest of Europe Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 92: Rest of Europe Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 93: North America Cement Market by Consumption; 2019-2023 (Million Ton)
Figure 94: North America Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 95: North America Cement Market Consumption by Region; 2023 (Percentage, %)
Figure 96: The US Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 97: The US Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 98: The US Cement Market Consumption by End User; 2023 (Percentage, %)
Figure 99: The US Cement Market by Production; 2021-2023 (Million Ton)
Figure 100: The US Cement Market by Production; 2024-2029 (Million Ton)
Figure 101: Mexico Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 102: Mexico Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 103: Mexico Cement Market Consumption by End User; 2023 (Percentage, %)
Figure 104: Canada Cement Market by Consumption; 2021-2023 (Million Ton)
Figure 105: Canada Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 106: Latin America Cement Market by Consumption; 2019-2023 (Million Ton)
Figure 107: Latin America Cement Market by Consumption; 2024-2029 (Million Ton)
Figure 108: The US Construction Spending Growth Rate, 2019-2020 (Percentage, %)
Figure 109: Global Maritime Trade, 2016-2020 (Percentage, %)
Figure 110: Global Urban Population; 2016-2023 (Percentage, %)
Figure 111: Global GDP Per Capita at Current Prices; 2018-2023 (US$ Thousand)
Figure 112: Global Number of Great Infrastructure Projects in Development; 2022 (Number of Projects)
Figure 113: Carbon Dioxide Emissions from Cement Manufacturing; 2005-2022 (Million Metric Tons)
Figure 114: Global Civil Engineering Market; 2018-2023 (US$ Trillion)
Figure 115: Global Green Cement Market; 2018-2024 (US$ Billion)
Figure 116: Global Cement Players by Installed Capacity; 2022 (Million Metric Tons)
Figure 117: Indonesia Cement Players by Market Share; 2023 (Percentage, %)
Figure 118: Germany Cement Players by Market Share; 2023 (Percentage, %)
Figure 119: Italy Cement Players by Market Share; 2023 (Percentage, %)
Figure 120: Spain Cement Players by Market Share; 2023 (Percentage, %)
Figure 121: The UK Cement Players by Market Share; 2023 (Percentage, %)
Figure 122: Russia Cement Players by Market Share; 2023 (Percentage, %)
Figure 123: Japan Cement Players by Market Share; 2023 (Percentage, %)
Figure 124: Canada Cement Players by Market Share; 2023 (Percentage, %)
Figure 125: UltraTech Cement Ltd. Revenue from External Customers by Location; 2023 (Percentage, %)
Figure 126: China National Building Material Company Ltd. Revenue by Operating Segments; 2022 (Percentage, %)
Figure 127: Cemex SAB de CV Sales by Product; 2022 (Percentage, %)
Figure 128: HeidelbergCement AG Revenue by Segment; 2022 (Percentage, %)
Figure 129: Anhui Conch Cement Co Ltd. Revenue by Segments; 2022 (Percentage, %)
Figure 130: Holcim Ltd. Sales by Segments; 2022 (Percentage, %)
Figure 131: China Resources Cement Holdings Limited Revenue by Segments; 2022 (Percentage, %)
Figure 132: Taiwan Cement Corporation Revenue by Segments; 2022 (Percentage, %)
Figure 133: China Shanshui Cement Group Revenue by Products; 2022 (Percentage, %)
Figure 134: Huaxin Cement Co., Ltd. Operating Income by Products; 2022 (Percentage, %)