Press release
Portland Cement Market to Reach USD 106.8 B by 2032 at 4.6% CAGR
Portland Cement Market
According to Fortune Business Insights, the global Portland Cement market-valued at USD 74.45 billion in 2024-is forecast to reach USD 106.77 billion by 2032, growing at a CAGR of 4.6% from 2025 to 2032 . Complementary estimates value the market at USD 4.37 billion in 2023, with a projected rise to USD 6.92 billion by 2033 (CAGR ~4.7%)
Download your sample copy of this report today! https://www.maximizemarketresearch.com/request-sample/54816/
Market Overview & Key Drivers
2023-2024: Market size spanned roughly USD 74-77 B; forecast to reach between USD 106-107 B by 2032-33 .
CAGR: Ranges from 4.6% to 4.7%, supported by robust global construction and infrastructure investment
Drivers: Urbanization, public infrastructure projects, and growth in residential/commercial segments sustain demand
Secure your sample copy of this report immediately!https://www.maximizemarketresearch.com/request-sample/54816/
Competitive Landscape
Key players shaping the market include LafargeHolcim, HeidelbergCement, CEMEX, UltraTech Cement, and Anhui Conch . Competition centers on capacity expansion, green production, and efficiency improvements.
Regional Analysis & Demand
Asia‐Pacific: Dominated 45.7% of the market in 2024 (USD 34.04 B) and remains the fastest-growing region . China is expected to grow at CAGR of ~8.3% from 2023 to 2033 .
North America: Value stood at USD 115.8 B in 2024 with projected growth (~4% CAGR) due to infrastructure spending
Europe: Growth driven by renovation and mixed cement demand, with countries like Germany and the UK growing ~3.9% CAGR
Country-Specific Insights
Infrastructure Growth in Vietnam
Vietnam's infrastructure expansion boosts demand for OPC and blended cements; emerging projects emphasize concrete for roadways and buildings.
Construction Trends in Thailand
Thai construction is adopting OPC (~49% share globally) and blended cements, with segment prioritization toward infrastructure projects .
Consolidation & Innovation in Japan
Japan's market, forecast at ~3.2% CAGR to 2033, relies on Type 1 OPC for urban and industrial growth .
Updation in South Korea
South Korea modernizes cement infrastructure with high-grade cements (Grade 43) under smart city and green building policies
Benchmarking in Singapore
Singapore imports high-performance OPC and cement mixes to support dense urban construction and green infrastructure initiatives.
Aggregation & Capacity in the United States
U.S. players (e.g., LafargeHolcim, CEMEX) expand via acquisitions to support large-scale precast and smart infrastructure projects under the Infrastructure Investment and Jobs Act
Production Surge in China
China, top global cement manufacturer, leads APAC with ~8.3% CAGR and active expansion on urban and infrastructure fronts
Sustainable Compliance in Europe
Europe implements blended cements (lime, fly ash) to meet eco-regulations; Germany and UK leadership in green cement solutions .
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/global-portland-cement-market/54816/
Portland Cement Market Segment Analysis:
by Cement Type
Clinkers Cement
Portland Cement
Aluminous Cement
White Cement
Hydraulic Cement
by Packaging Type
10 KG
15 KG
25 KG
Others
by Type
Type 1
Type 2
Type 3
Type 4
Type 5
Mergers & Acquisitions Highlights
Sector-wide consolidation as major firms acquire regional cement plants to enhance capacity and address local demand dynamics.
Key Recent Developments
Eco-innovation: Companies invest in low-carbon cement and carbon capture technologies to align with sustainability goals .
Additives: Increased use of fly ash (~34.7% share) and 43-grade cements (~38.6%) to improve strength and environmental profile
Digitalization: Adoption of automation and digital tools cut operational costs and enhance production efficiency
Strategic Outlook
Spurring from sustainable infrastructure and construction demands, the Portland cement market is set to balloon to USD 106.8 B by 2032 at 4.6% CAGR. Asia‐Pacific leads growth, North America follows via infrastructure investments, and Europe focuses on green compliance. Industry moves include consolidation, eco-innovation, and capacity scaling abroad.
Get Market Research Latest Trends
Global Windsurfing Equipment Market https://www.maximizemarketresearch.com/market-report/global-windsurfing-equipment-market/45611/
Global Snow Sports Apparel Market https://www.maximizemarketresearch.com/market-report/global-snow-sports-apparel-market/53768/
Global Household Care Wipe Market https://www.maximizemarketresearch.com/market-report/global-household-care-wipe-market/93256/
Insulated Lunch Box Market https://www.maximizemarketresearch.com/market-report/insulated-lunch-box-market/187626/
Wall Bed Market https://www.maximizemarketresearch.com/market-report/wall-bed-market/148486/
Global Organic Personal Care Ingredients Market https://www.maximizemarketresearch.com/market-report/global-organic-personal-care-ingredients-market/111008/
Global Cartoning Machines Market https://www.maximizemarketresearch.com/market-report/global-cartoning-machines-market/32376/
Global Natural Dish Washing Products Market https://www.maximizemarketresearch.com/market-report/global-natural-dish-washing-products-market/83632/
Organic Makeup Remover Market https://www.maximizemarketresearch.com/market-report/global-organic-makeup-remover-market/72546/
Global Home Entertainment Devices Market https://www.maximizemarketresearch.com/market-report/global-home-entertainment-devices-market/85046/
Global Liquid Flavor Market https://www.maximizemarketresearch.com/market-report/global-liquid-flavor-market/70073/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Portland Cement Market to Reach USD 106.8 B by 2032 at 4.6% CAGR here
News-ID: 4105198 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Craft Spirits Market to Reach USD 227.3 B by 2032 at 27% CAGR
◉ Global Craft Spirits Market to Soar from USD 33.5 B in 2024 to USD 227.3 B by 2032 at 27% CAGR
The global Craft Spirits market, valued at approximately USD 33.50 billion in 2024, is forecast to surge at a compelling 27.04% CAGR, reaching USD 227.28 billion by 2032 . This explosive growth is driven by rising consumer demand for premium, artisanal small-batch spirits, and a flourishing global cocktail and…
Wood-Based Panel Market to Hit USD 342.6 B by 2032 at 7.1% CAGR
◉ Global Wood-Based Panel Market to Reach USD 342.6 B by 2032, Advancing at 7.1% CAGR
The global Wood-Based Panel market, valued at USD 197.74 billion in 2024, is projected to grow at a CAGR of 7.11% between 2025 and 2032, reaching USD 342.55 billion by the end of the forecast period . This expansion is underpinned by urbanization, booming construction, eco-conscious preferences, and technological advancements in production and adhesives.
Download your…
Last Mile Delivery Market to Reach USD 258.7 B by 2030 at 8.8% CAGR
Global Last Mile Delivery Market Set to Surge from USD 143.1 B in 2023 to USD 258.7 B by 2030 at ~8.8% CAGR
The global Last Mile Delivery market, valued at USD 143.10 billion in 2023, is projected to grow at a CAGR of approximately 8.8% through 2030, reaching USD 258.68 billion . Powered by the explosive expansion of e‐commerce, consumer demand for same‐day delivery, and continued innovations in logistics…
Global Glulam Market to Hit USD 10.36 B by 2030 at 5% CAGR
◉ Global Glue‐Laminated Timber (Glulam) Market to Reach USD 10.36 B by 2030, with 5.0 % CAGR
According to a report from Grand View Research, the global Glue‐Laminated Timber (glulam) market-valued at USD approx. $7-8 billion in 2023-is projected to grow at a 5.0 % CAGR, reaching USD 10.36 billion by 2030 . The market's upward trajectory is principally driven by growing sustainability mandates, rising energy costs, and a shift…
More Releases for Cement
Cement Clinker And Cement Market Global Outlook 2020-2026: UltraTech Cement, Ssa …
The report titled “Cement Clinker And Cement Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.
Click the link to get…
2019 Concrete and Cement Market | By Key Competitors: Anhui Conch Cement, CNBM, …
Concrete and Cement Market report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast to 2024 by product, region and application. In addition, this 78 pages of report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Click here to get sample report copy @
https://www.reporthive.com/enquiry.php?id=1576978&req_type=smpl&utm_source=SN
Company Coverage (Sales Revenue,…
Cement Market Outlook to 2023 - Shanshui Cement, Hongshi Group, Taiwan Cement, T …
The Global Cement Market report is a proficient and deep dive study on the Cement current state also focuses on the major drivers, Cement market strategies and impressive growth of the key players. Worldwide Cement Industry also offers granular study of the dynamics, revenue, Cement segmentation, share forecasts and allows you to take better business decision. The report serves vital statistics on the Cement market stature of the Cement leading…
Cement Market Outlook to 2023 - Shanshui Cement, Hongshi Group, Taiwan Cement, T …
The Global Cement Market report is a proficient and deep dive study on the Cement current state also focuses on the major drivers, Cement market strategies and impressive growth of the key players. Worldwide Cement Industry also offers granular study of the dynamics, revenue, Cement segmentation, share forecasts and allows you to take better business decision. The report serves vital statistics on the Cement market stature of the Cement leading…
Cement Market Global Forecast 2018| Studied By CNBM, Hongshi Group, Shanshui Cem …
UpMarketResearch published an exclusive report on “Cement market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 113 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Cement market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report…
Cement Market 2018 Top Services by Shanshui Cement, Hongshi Group, Taiwan Cement …
Cement Market 2018 Global Industry Research report provides in depth study of using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Cement Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. The…
