According to IMARC Group, the global cement market reached a volume of 4.91 Billion Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Cement is the binding material obtained by grinding a mixture of clay and limestone. It is manufactured using clay, shale, slate, chalk, silica, blast furnace slag, iron ore, etc., which are heated at high temperatures to form rock-like substances that are grounded into fine powder to form cement. Cement is one of the most widely utilized construction materials across the globe. It is extensively used as a prime ingredient in the building of roads, houses, bridges, dams, etc.

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

The escalating demand for residential spaces, which is facilitating the construction of housing complexes and private bungalows across countries, is primarily driving the cement market. Additionally, the growing utilization of materials, such as concrete, mortar, stucco, grout, etc., that utilize cement as a key ingredient or component is further catalyzing the market growth. Besides this, the rising investments in R&D activities aimed at improving the existing public infrastructures, such as airports and highways, are acting as significant growth-inducing factors. Moreover, the inflating need for green buildings, on account of the elevating environmental concerns among individuals, is also augmenting the global market. In line with this, the increasing usage of green cement, which involves lower levels of carbon dioxide emissions during its production, is anticipated to fuel the cement market over the forecasted period.

Some of the top Cement Manufacturing Companies in World 2021 being:

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

Key Highlights:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • 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

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TOC for the Report:

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

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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 Manufacturers, Global Cement Manufacturers, Largest Cement Manufacturers, Top Cement Manufacturers, Cement Manufacturers Companies, Cement Manufacturers 2021, Biggest Cement Manufacturers Companies

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