Portland Cement Market
Portland Cement Market Analysis By Type (Gray, White), By End Use (Residential, Commercial, Infrastructure) & By Region – Global Market Insights 2023 to 2033
Analysis of Portland Cement Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Portland Cement Market Overview (2023 to 2033)
The global Portland cement market size is valued at US$ 4.37 billion in 2023. Worldwide demand for portland cement is predicted to rise at aCAGR of 4.7%and reach a valuation of US$ 6.92 billion by 2033-end.
Rising urbanization leading to the growing construction of residential as well as non-residential buildings around the world is predicted to boost demand for Portland cement. In addition, governments around the world are investing in infrastructure developments, thus driving opportunities for players.
Portland cement is manufactured with pulverized cement clinker that contains hydraulic calcium silicates. Some portion of calcium sulfate is also added as a significant component in Portland cement manufacturing. Rising use of Portland cement for plaster bricks, screeds, and plasters is also opening up opportunities for players.
- Use of Portland cement in the commercial sector is predicted to increase at a CAGR of 5.5% from 2023 to 2033.
- Sales of Portland cement in China are projected to expand at a CAGR of 8.3% through 2033.
Concrete is a prominent component in the construction sector. The increasing demand for concrete in various structural elements such as panels, road furniture, and beams is expected to create favorable opportunities for industry players. Portland cement, a key ingredient in concrete, is widely used in the form of synthetic adhesives, mortar, non-specialty grout, stucco, and concrete. Its versatile applications make it an essential material in construction projects.
Globally, different types of cement are designed to cater to various weather conditions and specific requirements. Some cement types are formulated to be chemically resistant, while others are engineered to withstand moisture and water. Certain varieties are intentionally designed to achieve higher levels of hardness and strength.
OPC, generally known as ordinary Portland cement is a widely used product owing to its accessibility, efficiency, and ease of handling. Its production is helping enhance the revenue share of industry players.
The research report about the dynamics of the Portland cement space is published by Fact.MR, a market research and competitive intelligence provider. This report offers multiple aspects of the industry to get a detailed understanding by respective readers. The report incorporates various factors, such as growth-driving factors, a country-level analysis, prominent obstacles, key segments, new product launches, and others.
| Report Attributes | Details |
|---|---|
| Portland Cement Market Size (2022) | US$ 4.17 Billion |
| Estimated Market Value (2023) | US$ 4.37 Billion |
| Forecasted Market Value (2033) | US$ 6.92 Billion |
| Global Market Growth Rate (2023 to 2033) | 4.7% CAGR |
| Commercial Segment Growth Rate (2023 to 2033) | 5.5% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 3.9% CAGR |
| Japan Market Growth Rate (2023 to 2033) | 3.2% CAGR |
| China Market Growth Rate (2023 to 2033) | 8.3% CAGR |
| Key Companies Profiled | CEMEX S.A.B. C.V.; China National Building Material Co., Ltd.; Buzzi Unicem SpA; Italccementi SpA; EUROCEMENT Group; UltraTech Cement Ltd.; Heidelberg Cement AG; LafargeHolcim |
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Will Growth in the Construction and Infrastructure Sectors Drive Demand for Portland Cement?
“Rapid Increase in Construction Activities Augmenting Portland Cement Sales”
Growth of the portland cement industry is driven by the expanding construction and infrastructure sectors, particularly in emerging countries like Sri Lanka, Indonesia, and India. portland cement is widely used in various construction products such as mortar, putty, concrete, and plaster, contributing to its increasing demand and revenue share. These materials are crucial for manufacturing screeds, roads, construction structures, and plasters, making concrete a key component in the construction industry.
Rising demand for multiple structural parts, including interiors, roads, panels, and beams, presents opportunities for industry players. Additionally, the significant growth in infrastructure, with the construction of bridges, highways, and other heavy-duty projects, and increased government investments further boost the sales of Portland cement.
What is Hindering the Expansion of the Market for Portland Cement?
“Health & Environmental Concerns Associated with Portland Cement”
Clay, shale, silica, shells, chalk, and limestone are prominent raw materials that are extensively used in the production of Portland cement. These components have adverse effects on human health as well as the environment. Inhalation of dust particles can result in irritation to the nose and throat and can make breathing difficult. Prolonged exposure to Portland cement can lead to several health problems, including hypertension, burns, asthma, and lung cancer.
Manufacturing, mining, and transportation processes involved in producing Portland cement require a substantial amount of heat energy, which is projected to lead to air pollution. Several governments from different countries are implementing stringent regulations for the production process, which is expected to impede portland cement market growth.
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What are the Initiatives Adopted by Start-ups to Enhance Their Profit Margins?
“Focus of New Companies on Production of Eco-friendly Portland Cement”
New entrants can invest in R&D activities to identify methods and products that are comparatively less harmful and can be used in the manufacturing of prtland cement. Due to the significant adverse impacts of Portland cement on the environment and human health, there is a critical need to manufacture products with minimal harmful substances.
Portland cement is a pivotal component in the construction industry, and its use is therefore inevitable. Therefore, new entrants are focusing on the production of environment-friendly Portland cement.
Country-wise Insights
Why is the United States Projected to Remain the Backbone of the North American Market?
“Rapid Infrastructure Development and Increasing Number of Construction Projects”
Sales of Portland cement in the United States market are forecasted to expand at a significant rate in the coming decade. Rapid infrastructure development and a growing number of construction projects in the country are leading to increasing demand for raw materials that include portland cement.
What Makes the United Kingdom and Germany Prominent Markets for Portland Cement in Europe?
“High Demand for Mixed Cement for Use in Infrastructure Projects”
Demand for Portland cement in Germany is predicted to increase at a CAGR of 3.9% through 2033. Opportunities for players in the United Kingdom and Germany are being driven by the growing demand for mixed cement in these countries.
Manufacturers of Portland cement are striving to expand their revenue share due to the increasing product demand in these regions. The infrastructure and construction sectors are exhibiting significant growth, further propelling the demand for portland cement in these markets.
Which Markets in Asia Pacific Account for High Sales of Portland Cement?
“Rapidly Rising Demand for Residential Spaces in China, India, and Japan”
Sales of Portland cement in China are projected to advance at a CAGR of 8.3% from 2023 to 2033. The Portland cement market in Japan is projected to expand at a CAGR of 3.2% through 2033.
China, India, and Japan are predicted to serve as prominent contributors to regional revenue market streams. Growing demand for cement from these countries is attributed to the significant growth of the construction and infrastructure sectors.
China is operating as one of the prominent producers as well as suppliers of cement. This is driven by the increasing demand for residential space and the development of various infrastructure projects. Additionally, the trends of globalization, urbanization, and industrialization are further contributing to the rising demand for Portland cement in these regions.
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Category-wise Insights
Why is Gray Portland Cement Gaining Traction Among End Users?
“Extensive Application Range of Gray Portland Cement in Construction Projects”
Gray and white are two types of portland cement that are used extensively by multiple end users. Demand for gray portland cement is predicted to increase at a significant rate. This is attributed to the fact that this cement type is extensively used in several cement structures. The application of white cement is limited, and it is primarily used for specific finishing requirements in construction.
Which Sector Accounts for Significant Revenue Streams for Portland Cement Suppliers?
“Growing Use of Portland Cement for Infrastructure Development in Commercial Sector”
Demand for portland cement from the commercial sector is projected to progress at a CAGR of 5.5% through 2033. This sector is estimated to contribute a significant share of the market.
Portland cement is extensively utilized for a wide range of applications, such as building transportation hubs, industrial structures, irrigation canals, sports complexes, business centers, and highways. Increasing urbanization and infrastructure development worldwide are driving the demand for portland cement in the construction industry. Moreover, the rising need for essential services like hospitals is also contributing to the construction sector's growth, further boosting the sales of portland cement.
Key Market Players
Prominent players in the industry are making substantial investments in various areas, such as maintaining product standards, ensuring quality control, and strengthening their supply chain management systems, among others. Additionally, these players are focused on expanding their product portfolios and extending their market presence to different regions.
For instance :
- In June 2022, UltraTech Cement, the flagship company of Aditya Birla Group Cement, announced a significant investment of US$ 1.6 billion to expand its capacity by 22.6 metric tons. This strategic investment is expected to solidify UltraTech Cement's position as one of the leading suppliers in the industry.
- In November 2020, HeidelbergCement made a substantial investment of approximately US$ 485 million to restructure and upgrade its cement factories in France. The primary objective of this initiative is to enhance the company's operational procedures, infrastructure, and overall efficiency in the French market.
CEMEX S.A.B. C.V., China National Building Material Co., Ltd., Buzzi Unicem SpA, Italccementi S.p.A., EUROCEMENT Group, UltraTech Cement Ltd., HeidelbergCement AG, and LafargeHolcim are some key companies operating in the Portland cement market.
Segmentation of Portland Cement Industry Research
-
By Type :
- Gray
- White
-
By End Use :
- Residential
- Commercial
- Infrastructure
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary - Global Market
- 2. Market Overview
- 3. Market Characteristic – Bird Eye View
- 4. Market Background and Foundation Data
- 5. Global Market Analysis and Forecast
- 6. Global Market Analysis and Forecast, By Service Type
- 6.1. System Engineering
- 6.2. Design and Development Services
- 6.3. Certification Services
- 6.4. Manufacturing Support Services
- 6.5. After Market Services
- 7. Global Market Analysis and Forecast, By Application
- 7.1. Aerostructures
- 7.2. Aero Engines
- 7.3. Aerosystem
- 7.4. Avionics
- 7.5. Interiors
- 8. Global Market Analysis and Forecast, By Customer Type
- 8.1. OEM
- 8.2. Authorized Supplier
- 9. Global Market Analysis and Forecast, By Sector
- 9.1. Civil Aviation
- 9.2. Defense Aviation
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia and Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Able Aerospace Services
- 19.2. Belcan
- 19.3. Collins Aerospace
- 19.4. CYIENT
- 19.5. Griffon Aerospace
- 19.6. HCLTech
- 19.7. Infosys
- 19.8. L&T Technology Services
- 19.9. L3Harris
- 19.10. MAG Aerospace
- 19.11. Mahindra Aerospace
- 19.12. Quest Global
- 19.13. Safran Engineering Services
- 19.14. Sheffield Aerospace
- 19.15. Stress Engineering Services
- 19.16. Other Key Players
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By End Use, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By End Use, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By End Use, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By End Use, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By End Use, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By End Use, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By End Use, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By End Use, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By End Use, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By End Use, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By End Use, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By End Use, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By End Use, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By End Use, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By End Use, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By End Use, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By End Use, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By End Use, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By End Use, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By End Use, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By End Use, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By End Use, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By End Use, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By End Use, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By End Use, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By End Use, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By End Use, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By End Use, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By End Use, 2023 (E)
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- FAQs -
What is the value of the Portland cement market in 2023?
The global Portland cement market amounts to US$ 4.37 billion in 2023.
What is the demand outlook for Portland cement through 2033?
Worldwide demand for Portland cement is projected to rise at a CAGR of 4.7% through 2033.
At what rate are the sales of Portland cement projected to increase in Japan?
Sales of Portland cement in Japan are predicted to rise at a CAGR of 3.2% from 2023 to 2033.
What is the projected growth rate for the commercial segment in this market?
The commercial segment is predicted to expand at 5.5% CAGR through 2033.
How is the Portland cement market in China predicted to perform?
The Portland cement market in China is predicted to advance at 8.3% CAGR through 2033.
What is the forecasted growth rate for the market in Germany?
The German market is projected to expand at a CAGR of 3.9% through 2033.
What is the anticipated valuation of the global market for 2033-end?
The global market for Portland cement is estimated to reach US$ 6.92 billion by the end of 2033.
Portland Cement Market