Building a Strong Foundation: Global Concrete and Cement Market Set to Reach USD 350.2 Billion in 2022 with 8.2% CAGR Growth from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Concrete and Cement market size accounted for USD 350.2 Billion in 2022, growing at a CAGR of 8.2% from 2023 to 2033. The market is primarily driven by the growing demand for construction materials in the construction industry, coupled with increasing urbanization and infrastructure development in emerging economies. The Asia-Pacific region dominates the concrete and cement market, owing to the increasing construction activities and a rising population in countries such as China and India. Additionally, the market is also influenced by the development of sustainable and eco-friendly concrete and cement products that reduce carbon emissions and improve the durability and performance of construction materials.
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Key Highlights:
• The global Concrete and Cement Market size was valued at USD 350.2 billion in 2022 growing at a CAGR of 8.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Concrete and Cement Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Concrete and Cement market report also includes the following data points:
• COVID19 Impact on Concrete and Cement market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Concrete and Cement market
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Key Players
Some of the major Concrete and Cement players holding high market share include China National Building Material Company Limited, Anhui Conch Cement Company Limited, LafargeHolcim Ltd., and HeidelbergCement AG. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• China National Building Material Company Limited
• Anhui Conch Cement Company Limited
• LafargeHolcim Ltd.
• HeidelbergCement AG
• CRH Plc
• Cemex S.A.B. de C.V.
• Taiheiyo Cement Corporation
• China Resources Cement Holdings Limited
• Votorantim S.A.
• Tangshan Jidong Cement Co., Ltd.
• Unacem
• Imerys
• Raysut Cement Company
• Devki Group, Sagar Cements
• San Miguel Corp.
• CNBM
• Sinoma
• UltraTech Cement
• Nirma Ltd.
Segmental Analysis
Market Segment By Product with focus on market share, consumption trend, and growth rate of Concrete and Cement Market:
o Portland Cement
o Clinkered Cement
o Aluminous Cement
o Hydraulic Cement
o White Cement
Market Segment By Type with focus on market share, consumption trend, and growth rate of Concrete and Cement Market:
o Concrete Articles
o Tiles & Flagstones
o Prefabricated Structures
o Panels, Boards & Blocks
Market Segment By Application with focus on market share, consumption trend, and growth rate of Concrete and Cement Market:
o Residential
o Non-Residential
o Others

Parameters Details
Market Size (2022) $ 350.2 Billion
CAGR (2023 to 2033) 8.2%
Market Segmentation Product, Type, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Concrete and Cement Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence providesan understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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