Cement Market Analysis

Application (Residential, Non-Residential)

The global cement market is segmented and analyzed for demand and supply by application into residential, and non-residential. Out of these, the non-residential segment is anticipated to garner the highest revenue by the end of 2037, backed by growing non-residential activities such as dams, roads, stadiums, commercial complexes, industrial buildings, and others. Cement is utilized extensively in the foundations, walls, and floors of such buildings. The increased need for space, as well as the increasing interest in e-commerce activities, is increasing the requirement for warehouses and storage to strengthen the supply chain, and hence creating a growing demand for cement. According to reports, in the year 2021, the length of the national highway constructed in India was over 12.5 thousand kilometers.

Type (Blended, Portland)

The global cement market is also segmented and analyzed for demand and supply by type into blended and Portland cement. Out of these segments, the Portland segment is anticipated to capture the largest share of the market by the end of 2037. This can be owed to the fact that Portland cement is the most widely used type of cement used all across the world as it can be used across a wide range of building projects. For instance, over 4.3 billion tons of Portland cement were produced in 2021.

Our in-depth analysis of the global market includes the following segments: