Global Portland Cement Market to Reach 3.2 Billion Tons by 2033, Bolstered by Expanding Construction Industry

January 22, 2025 | Chemical & Materials

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The latest report by IMARC Group, titled “Portland Cement Market Report by Type (Type 1, Type 2, Type 3, Type 4, Type 5), Application Sector (Residential, Commercial, Industrial), Packing Type (10 KG, 15 KG, 25 KG, and Others), Trade Data (Import Trends, Export Trends), and Region 2025-2033,” the global Portland cement market reached a volume of 2.4 Billion Tons in 2024. Portland cement is a grey-colored inorganic substance that is used in various construction activities. It consists of four compounds, namely, dicalcium silicate, tricalcium silicate, tricalcium aluminate, and tera-chemical aluminoferrite. It is manufactured by combining elements such as calcium, silicon, iron, aluminum, limestone, shale, and clay. These materials are readily available and occur naturally, making them cost-efficient. Portland cement offers high durability and strength with excellent binding properties. As a result, it is increasingly used in the construction of high-rise buildings, dams, bridges, tunnels, and residential complexes.

Global Portland Cement Market Trends:

The market is primarily driven by the increasing demand for Portland cement in the construction industry for manufacturing stucco, grout, concrete, and mortar. Besides this, governments of various countries are undertaking development activities for providing better connectivity to remote areas. In addition to this, they are extensively investing in the infrastructure sector to construct roads, dams, and foundations, especially across emerging economies like India, China, and Brazil, which is significantly influencing the market growth. Furthermore, rapid urbanization and industrialization, and easy availability of raw materials are also positively impacting the demand for Portland cement across the globe. Looking forward, the market is expected to reach a volume of 3.2 Billion Tons by 2033, exhibiting a CAGR of 3.05% during the forecast period (2025-2033).

Market Summary:

Based on the type, the market has been segmented into types 1, 2, 3, 4, and 5.
On the basis of the application sector, the market has been classified into residential, commercial, and industrial.
The market has been categorized based on the packing type into 10 kg, 15 kg, 25 kg, and others.
On the basis of the import-export market, the market has been segregated into import and export.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, and others), Europe (Germany, the United Kingdom, and others), Latin America (Brazil, Argentina, and others), and Middle East and Africa (Saudi Arabia, South Africa, and others).
The competitive landscape of the market has been examined, with some of the key players being Mitsubishi Cement Corporation, Alamo Cement Company, Lafarge SA, Martin Marietta Materials, Heidelberg Cement AG, The National Cement Company Inc., American Cement Company, Holcim Limited, Argos Limited, Essroc Cement Corp, China National Building Material Corporation Limited, Salt River Materials Group, Italcementi SpA, Anhui Conch Cement Company Limited, Ash Grove Cement Company, Tanzania Portland Cement Company Limited, The Quikrete Companies, CalPortland Company, Capitol Aggregates Inc., CEMEX S.A.B. de C.V., GCC of America, Lehigh Hanson Inc., The National Cement Company of Alabama, Inc., Ultratech Cement Limited, and BuzziUnicem USA.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion Tons
Segment Coverage	Type, Application Sector, Packing Type, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	China, India, Japan, United States, Canada, Germany, UK, Saudi Arabia, South Africa, Brazil, Argentina
Companies Covered	Mitsubishi Cement Corporation, Alamo Cement Company, Lafarge, Martin Marietta, Heidelberg Cement, National Cement Company, American Cement Company, Holcim, Argos, Essroc, China National Building Material, Salt River Materials Group, Italcementi, Anhui Conch Cement, Ash Grove Cement Company, Tanzania Portland Cement Company, Quikrete, CalPortland Company, Capitol Aggregates, CEMEX, GCC of America, Lehigh Hanson, NationalCement Company of Alabama, Ultratech Cement and BuzziUnicem USA
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Portland Cement Market to Reach 3.2 Billion Tons by 2033, Bolstered by Expanding Construction Industry

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