Cement Market 2021-2026: Global Industry Trends, Size, Share and Forecast - IMARC Group

According to the latest report by IMARC Group, titled Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, the global cement market reached a volume of 4.91 Billion Tons in 2020. Looking forward, IMARC Group expects the global cement market to exhibit moderate growth during 2021-2026. Cement refers to a binding substance that is utilized in civil engineering and building constructions. It mainly consists of marl, clay, limestone, silicon, calcium, iron, aluminum, and gypsum. It is generally combined with water to serve as an adhesive to bind gravel, hard rock and sand in concrete. Some of the common types of cement available in the market include Portland, slag, high-alumina, and expanding and non-shrinking cement.

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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Global Cement Market Trends:

A significant increase in construction activities due to widespread industrialization is driving the global cement market growth. It is being further fueled by increasing urbanization in various countries on account of rising per capita gross domestic product (GDP). In line with this, the development of numerous infrastructure projects, especially in emerging economies, is acting as another growth-inducing factor. Growing environmental concerns and technological advancements in construction processes are also driving the market toward growth.

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Key Market Segmentation:                  

Competitive Landscape:                      

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

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

Breakup by Type:

• Blended
• Portland
• Others

Breakup by End Use:

• Residential
• Commercial
• Infrastructure

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Key highlights of the report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the 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.