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Cement Market

Cement Market

Cement Market Global Industry Assessment & Forecast

# Pages:

180

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0807

Segments Covered
  • By Product Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Rapid Hardening Cement, Quick setting cement, Low Heat Cement, Sulphates resisting cement, Blast Furnace Slag Cement, High Alumina Cement, White Cement, Coloured cement, Air Entraining Cement, Expansive cement, Hydrographic cement
  • By Application Residential, Commercial, Infrastructure, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 51.2 Billion
Revenue 2028Revenue 2028: 93.37 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 7.8
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Research Methodology: Cement Market - Global Market Assessment, 2021 - 2028

The global Cement market study is based on the infallible and rigorous research process involving 3 stages namely: Secondary Research, Primary Research, and Data Triangulation. We have conducted more than 120 primary interviews for the Cement market either through mail or telephone call. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end0use industry, and estimate future trends within the market. 

Secondary Research

Primary Research:

Along with the exhaustive secondary research, we at Vantage Market Research, conduct in-depth primary research to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the data requirements such as Cement supply-demand scenario in the global and regional markets, global and regional market size and segmental trends, and revalidation of secondary research outcomes and findings among others. 

Data Triangulation and Market Size Estimations

After the determination of the overall market size, from the secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market.  The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Cement market. 

FAQ
Frequently Asked Question
  • The global Cement valued at 51.2 Billion in 2020 and is expected to reach 93.37 Billion in 2028 growing at a CAGR of 7.8%.

  • The prominent players in the market are Eagle Cement Corp., Taiheiyo Cement, Mabuhay Filcement Inc, Holcim, CRH PLC, Northern Cement Corporation, Big Boss Cement, Cemex, PHINMA Corporation, Cemex Philippines, LafargeHolcim..

  • The market is project to grow at a CAGR of 7.8% between 2021 and 2028.

  • The driving factors of the Cement include

    • The growing requirement for the construction of institutional buildings for the education and healthcare sectors is anticipated to drive the market in the coming years creating a huge demand for the market.
    • Healthcare sectors in developing countries are registering strong growth which in turn is estimated to benefit the growth of the market in the coming years.

  • Asia Pacific was the leading regional segment of the Cement in 2020.