Nov 23, 2023   SOURCE: BusinessWire

Portland Cement Global Business Report 2023 - ResearchAndMarkets.com

The "Portland Cement: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Portland Cement Market to Reach 6.8 Billion Tons by 2030

The global market for Portland Cement estimated at 4.5 Billion Tons in the year 2022, is projected to reach a revised size of 6.8 Billion Tons by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030.

Historical data for the years 2014 to 2021 is also included, offering insights into market dynamics over time. Additionally, a 16-year perspective is presented, breaking down value sales percentages for select years (2014, 2023, and 2030) to facilitate a comprehensive understanding of the Portland cement market's dynamics, growth potential, and various end-uses, including residential, commercial, infrastructure, and other applications.

The report provides in-depth analysis of the competition, featuring key players such as CEMEX, China National Building Material Co., and LafargeHolcim, among others.

Residential, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach 2.3 Billion Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Commercial segment is readjusted to a revised 5.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at 1.3 Billion Tons, While China is Forecast to Grow at 8.4% CAGR

This report offers a comprehensive analysis of the global Portland cement market, encompassing recent, current, and future trends across various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa.

The Portland Cement market in the U.S. is estimated at 1.3 Billion Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 1.4 Billion Tons by the year 2030 trailing a CAGR of 8.4% over the analysis period 2022 to 2030.

It provides independent assessments of annual sales volumes in million tons for the years 2022 through 2030, along with corresponding percentage Compound Annual Growth Rates (CAGRs).

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and the publisher's Research Platform
  • Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Portland Cement - Global Key Competitors Percentage Market Share in 2020 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)

FOCUS ON SELECT PLAYERS (Total 46 Featured)

  • CEMEX S.A.B. DE C.V.
  • Buzzi Unicem SpA
  • China National Building Material Co., Ltd.
  • Italcementi S.p.A
  • UltraTech Cement Ltd.
  • EUROCEMENT group
  • LafargeHolcim
  • Heidelberg Cement AG

For more information about this report visit https://www.researchandmarkets.com/r/ist9tu

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