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

  • Published: Dec 2022
  • Pages: 166
  • SKU: IRTNTR40648

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Concrete and Cement market growth will increase by $469.01 billion during 2023-2027.
The concrete and cement market is expected to grow at a CAGR of 7.1% during 2023-2027.
Technavio has segmented the concrete and cement market by product (Cement and Concrete) ,end-user (Residential and Non-residential) , and geography (APAC, Europe, North America, South America, and Middle East and Africa).
Adani Group, Adelaide Brighton Ltd., BGC (Australia) PTY Ltd., Buzzi Unicem SpA, Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co. Ltd., CRH Plc, Fletcher Building Ltd., Fomento de Construcciones y Contratas SA, HeidelbergCement AG, Holcim Ltd., JK Cement Ltd, Mitsubishi Cement Corp., NIPPON STEEL CEMENT Co Ltd, PPC Ltd., Sumitomo Osaka Cement Co. Ltd., Taiheiyo Cement Corp., Titan Cement Group, UltraTech Cement Ltd. are a few of the key vendors in the concrete and cement market.
APAC will register the highest growth rate of 56.46% among the other regions. Therefore, the concrete and cement market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • India
  • Indonesia
  • Russia
The key factors driving the concrete and cement market growth are:
  • Growing global construction market
  • Rapid urbanization and rising disposable income
The concrete and cement market vendors should focus on grabbing business opportunities from the Cement segment as it accounted for the largest market share in the base year.
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