Cement Market by Product, End-user and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 168 SKU: IRTNTR70716

The cement market is estimated to grow at a CAGR of 4.62% between 2022 and 2027. The size of the market is forecast to increase by USD 94.17 billion. The growth of the market depends on several factors, including increasing investments in road and highway infrastructure projects, the growth of the construction industry, and the use of energy-efficient technologies. 

This report extensively covers market segmentation by product (blended, portland, and others), end-user (residential and non-residential), and geography (APAC, Middle East and Africa, Europe, North America, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Cement Market During the Forecast Period?

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Parent Market Analysis

Technavio categorizes the global cement market as a part of the global construction materials market within the global materials market. The parent global construction materials market covers products and companies engaged in the manufacturing of construction materials, including sand, clay, gypsum, lime, aggregates, cement, concrete, bricks, and other materials. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Cement Market: Key Drivers, Trends, Challenges, and Customer Landscape

The use of energy-efficient technologies is notably driving the market growth, although factors such as the increase in construction cost may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Cement Market Driver

The use of energy-efficient technologies is notably driving market growth. Cement manufacturing requires a huge amount of energy, and carbon dioxide is released in high volumes during the process. This emission of carbon dioxide can be conserved and used in different aspects. To conserve energy efficiently, cement manufacturing units have created new technologies that can bring better results in the future. This will be a driver for the growth of the industry in the future.

Additionally, the level of carbon dioxide emission will also decrease, as companies have created new technologies such as fillers and cement additives like DOW latex powder. In recent years, the production of composite cement has been increasing due to reasons such as process economics, energy reduction, ecology (mostly reduction of CO2 emission), conservation of resources, and product quality/diversity. Energy-efficient grinding systems are also used in cement manufacturing at present. Thus, the use of energy-efficient technologies will drive the market to focus during the forecast period.

Significant Cement Market Trend

The rising demand for green cement is a major trend in the market. The increase in construction and building activities is the primary factor for the growth of the global market. Green cement demand is accelerating the growth of alternative fuels that are derived from waste materials such as solid recovered fuels, foundry sand, used oils, sewage sludge, animal meals, filter cakes, and fly ashes.

The urgent need to reduce carbon dioxide emissions encourages the use of alternative fuels. Governments promoting green architecture can gain quick footholds in the market to ensure sustainable construction. The durability offered by green cement for various construction projects compared to OPC for a less alkaline mixture is expected to play an important role in the development of the market. Future projects such as nuclear power plants, the construction of bridges and pavements, and other infrastructure projects are expected to lead to high demand for lucrative opportunities across the market.

The main reason for the increase in demand for green cement in construction is also its lower water consumption. Green cement offers excellent thermal insulation and excellent fire resistance. Thus, increasing demand for green cement will drive the market during the forecast period.

Major Cement Market Challenge

The increase in construction cost is a major factor impeding the market. Building materials such as stainless steel, hardened steel, cast iron, cement, concrete, brick, aggregate, and other building materials are used in the construction industry. The price of cement is about 1-15% of the construction costs, the price of steel is about 8-10% of the construction costs, and the share of other materials is 25-30% of the construction costs.

The availability of these materials creates a cycle of variable price, where an increase in the price of one building material increases the total cost of construction, which leads to the need for additional investment in the total cost of construction. For example, a building needs bricks, cement, mortar, steel, and other materials. When steel prices rise, construction costs rise; as a result, construction costs also increase. An increase in the cost of one segment increases the total construction cost, which can be a big challenge for builders and construction companies. Construction companies in European countries such as the UK, France, and Germany are financially strong and able to withstand price increases for ongoing construction projects. However, African countries such as Nigeria and Namibia are unable to contain such price increases due to the unstable economies of these countries. Thus, the aforementioned factors make it difficult for the consolidation of the market during the forecast period.

Key Cement Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Cement Market Customer Landscape

Who are the Major Cement Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

GRUPO ARGOS S.A. - The company operates under multiple segments including cement, energy, and real estate among others, with a high focus on cement.? The company under this segment?offers cement solutions through its subsidiary ARGOS. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Adbri Ltd.
  • Al Safwa Ltd.
  • Buzzi Unicem SpA
  • Cementir Holding NV
  • CEMEX SAB de CV
  • China National Building Material Co. Ltd.
  • Drake
  • Epcco Publishing Group Ltd.
  • Fujairah Cement Industries PJSC
  • HeidelbergCement AG
  • Holcim Ltd.
  • INTERCEMENT PARTICIPACOES SA
  • PPC Ltd.
  • Siam Cement PCL
  • Taiheiyo Cement Corp.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Cement Market?

The market share growth by the blended segment will be significant during the forecast period. Blended cement is a product in which part of the clinker is substituted with other materials.

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The blended segment was valued at USD 177.67 billion in 2017 and continued to grow until 2021. The production of this product involves interring one or more additives, in various proportions, at the grinding stage. Thus, blended cement can be defined as the uniform mix of portland cement and blending materials such as silica fumes, fly ash, limestone, and slag to enhance its properties for different applications. The consumption of this product is increasing as it can improve the workability, strength, durability, and chemical resistance of concrete. Additionally, water consumption is less, which makes it easy to work with and shape. This product can also be used in functions such as domestic construction, engineering projects, mining applications, and road construction. Therefore, the increase in various infrastructural development projects will drive the demand for blended cement and, contribute to the growth of the market in focus during the forecast period. 

Which are the Key Regions for the Cement Market?

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APAC is estimated to contribute 84% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

In 2022, APAC accounted for the largest share of the global market in terms of the consumption of cement. The market in APAC is dominated by China, Japan, India, Australia, South Korea, and Indonesia. The factors responsible for the growth of the market in APAC are growing industrialization, rapid urbanization, and increasing infrastructure development. APAC is leading the market as it is home to some of the leading manufacturing and export-oriented countries. Several countries in APAC are witnessing rapid economic growth, which is boosting the industrial sector and increasing the urbanization rate. China, India, Japan, and Australia significantly contribute to the growth of the market in APAC. 

In APAC, population growth will also fuel the demand for cement during the forecast period. The Smart City Mission by the Government of India has increased infrastructure development in the country. The ongoing infrastructure projects across the country will drive the demand for cement during the forecast period. Such projects require cement, which will drive the growth of the market in APAC during the forecast period. The construction industry in several Asian countries is also growing. Developing countries, including India, Vietnam, Indonesia, and Malaysia, where residential housing constructions are growing exponentially due to a rise in household incomes and increasing urbanization, are expected to be significant contributors to the growth of the market in APAC during the forecast period.

In 2020, the COVID-19 pandemic affected the growth of several industries in APAC, including the construction industry, as many projects were put on hold. However, COVID-19 vaccination drives across various countries in the region helped revive the growth of the regional construction industry since 2021. Therefore, the growing construction industry in the region will drive the growth of the focused market during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Product (Blended, Portland, and Others), End-user (Residential and Non-residential), and Geography (APAC, Middle East and Africa, Europe, North America, and South America).

  • Product Outlook (USD Billion, 2017 - 2027)
    • Blended
    • Portland
    • Others
  • End-user Outlook (USD Billion, 2017 - 2027)
    • Residential
    • Non-residential
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Cement Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.62%

Market growth 2023-2027

USD 94.17 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.85

Regional analysis

APAC, Middle East and Africa, Europe, North America, and South America

Performing market contribution

APAC at 84%

Key countries

US, Turkey, China, India, and Indonesia

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Adbri Ltd., Al Safwa Ltd., Buzzi Unicem SpA, Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co. Ltd., Drake, Epcco Publishing Group Ltd., Fujairah Cement Industries PJSC, GRUPO ARGOS S.A., HeidelbergCement AG, Holcim Ltd., INTERCEMENT PARTICIPACOES SA, PPC Ltd., Siam Cement PCL, Taiheiyo Cement Corp., Taiwan Cement Ltd., Votorantim SA, Sumitomo Osaka Cement Co. Ltd., and Aditya Birla Management Corp. Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Cement Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the cement market between 2023 and 2027
  • Precise estimation of the cement market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across APAC, Middle East and Africa, Europe, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cement market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global cement market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global cement market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Blended - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Blended - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Blended - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Blended - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Blended - Year-over-year growth 2022-2027 (%)
    • 6.4 Portland - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Portland - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Portland - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Portland - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Portland - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 49: Chart on Comparison by End-user
      • Exhibit 50: Data Table on Comparison by End-user
    • 7.3 Residential - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 7.4 Non-residential - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Non-residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Non-residential - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 59: Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 India - Market size and forecast 2022-2027
      • Exhibit 89: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.10 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.11 Turkey - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Turkey - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on Turkey - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on Turkey - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Turkey - Year-over-year growth 2022-2027 (%)
    • 9.12 Indonesia - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Indonesia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on Indonesia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Adbri Ltd.
              • Exhibit 112: Adbri Ltd. - Overview
              • Exhibit 113: Adbri Ltd. - Business segments
              • Exhibit 114: Adbri Ltd. - Key news
              • Exhibit 115: Adbri Ltd. - Key offerings
              • Exhibit 116: Adbri Ltd. - Segment focus
            • 12.4 Aditya Birla Management Corp. Pvt. Ltd.
              • Exhibit 117: Aditya Birla Management Corp. Pvt. Ltd. - Overview
              • Exhibit 118: Aditya Birla Management Corp. Pvt. Ltd. - Product / Service
              • Exhibit 119: Aditya Birla Management Corp. Pvt. Ltd. - Key offerings
            • 12.5 Buzzi Unicem SpA
              • Exhibit 120: Buzzi Unicem SpA - Overview
              • Exhibit 121: Buzzi Unicem SpA - Business segments
              • Exhibit 122: Buzzi Unicem SpA - Key offerings
              • Exhibit 123: Buzzi Unicem SpA - Segment focus
            • 12.6 Cementir Holding NV
              • Exhibit 124: Cementir Holding NV - Overview
              • Exhibit 125: Cementir Holding NV - Business segments
              • Exhibit 126: Cementir Holding NV - Key news
              • Exhibit 127: Cementir Holding NV - Key offerings
              • Exhibit 128: Cementir Holding NV - Segment focus
            • 12.7 CEMEX SAB de CV
              • Exhibit 129: CEMEX SAB de CV - Overview
              • Exhibit 130: CEMEX SAB de CV - Business segments
              • Exhibit 131: CEMEX SAB de CV - Key news
              • Exhibit 132: CEMEX SAB de CV - Key offerings
              • Exhibit 133: CEMEX SAB de CV - Segment focus
            • 12.8 China National Building Material Co. Ltd.
              • Exhibit 134: China National Building Material Co. Ltd. - Overview
              • Exhibit 135: China National Building Material Co. Ltd. - Product / Service
              • Exhibit 136: China National Building Material Co. Ltd. - Key offerings
            • 12.9 Drake
              • Exhibit 137: Drake - Overview
              • Exhibit 138: Drake - Product / Service
              • Exhibit 139: Drake - Key offerings
            • 12.10 GRUPO ARGOS S.A.
              • Exhibit 140: GRUPO ARGOS S.A. - Overview
              • Exhibit 141: GRUPO ARGOS S.A. - Business segments
              • Exhibit 142: GRUPO ARGOS S.A. - Key offerings
              • Exhibit 143: GRUPO ARGOS S.A. - Segment focus
            • 12.11 HeidelbergCement AG
              • Exhibit 144: HeidelbergCement AG - Overview
              • Exhibit 145: HeidelbergCement AG - Business segments
              • Exhibit 146: HeidelbergCement AG - Key offerings
              • Exhibit 147: HeidelbergCement AG - Segment focus
            • 12.12 Holcim Ltd.
              • Exhibit 148: Holcim Ltd. - Overview
              • Exhibit 149: Holcim Ltd. - Business segments
              • Exhibit 150: Holcim Ltd. - Key offerings
              • Exhibit 151: Holcim Ltd. - Segment focus
            • 12.13 PPC Ltd.
              • Exhibit 152: PPC Ltd. - Overview
              • Exhibit 153: PPC Ltd. - Business segments
              • Exhibit 154: PPC Ltd. - Key offerings
              • Exhibit 155: PPC Ltd. - Segment focus
            • 12.14 Siam Cement PCL
              • Exhibit 156: Siam Cement PCL - Overview
              • Exhibit 157: Siam Cement PCL - Business segments
              • Exhibit 158: Siam Cement PCL - Key offerings
              • Exhibit 159: Siam Cement PCL - Segment focus
            • 12.15 Sumitomo Osaka Cement Co. Ltd.
              • Exhibit 160: Sumitomo Osaka Cement Co. Ltd. - Overview
              • Exhibit 161: Sumitomo Osaka Cement Co. Ltd. - Business segments
              • Exhibit 162: Sumitomo Osaka Cement Co. Ltd. - Key offerings
              • Exhibit 163: Sumitomo Osaka Cement Co. Ltd. - Segment focus
            • 12.16 Taiheiyo Cement Corp.
              • Exhibit 164: Taiheiyo Cement Corp. - Overview
              • Exhibit 165: Taiheiyo Cement Corp. - Business segments
              • Exhibit 166: Taiheiyo Cement Corp. - Key offerings
              • Exhibit 167: Taiheiyo Cement Corp. - Segment focus
            • 12.17 Votorantim SA
              • Exhibit 168: Votorantim SA - Overview
              • Exhibit 169: Votorantim SA - Product / Service
              • Exhibit 170: Votorantim SA - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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