Press release
India Cement Market Report 2023-2028, Size, Share, Growth, Trends and Forecast
The India cement market size reached 3,644.5 Million Tons in 2022. Cement refers to a binding material manufactured by calcining lime and clay and mixing it with water, sand, and gravel to make concrete. It contains a considerable amount of iron oxide, magnesium oxide, gypsum, and silica, which possess excellent plasticity and offer resistance to moisture. As a result, it is used in the construction of roads, buildings, bridges, dams, flyovers, and residential and commercial complexes across India.
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Market Trends
The increasing population and inflating income levels represent one of the leading factors escalating the demand for cement in India. In addition, rising investments by the Government of India in mega infrastructural projects and restoration and remodeling of historical places to enhance the architectural aesthetics are offering lucrative growth opportunities to key players operating in the country. Besides this, the increasing focus on introducing green and environment-friendly product variants to minimize (CO2) emissions is anticipated to drive the market in the coming years. Looking forward, IMARC Group expects the market to reach 4,832.6 Million Tons by 2028, exhibiting a growth rate (CAGR) of 4.94% during 2023-2028.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-cement-market
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market on the basis of type, end use and region.
Breakup by Type:
Blended
Portland
Others
Breakup by End Use:
Residential
Commercial
Infrastructure
Breakup by Region:
North India
West and Central India
East India
South India
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization
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North Africa Cement Market: https://www.imarcgroup.com/north-africa-cement-market
North America Modular Construction Market: https://www.imarcgroup.com/north-america-modular-construction-market
Construction Equipment Market: https://www.imarcgroup.com/construction-equipment-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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