Portland Cement Market Competitive Landscape, Size, Segments, and Growth by 2031

Coverage: Portland Cement Market covers analysis By Application (Residential, Commercial, Industrial) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00023358
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Portland Cement Market Growth Report | 2021 to 2031

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The Portland Cement Market is expected to register a CAGR of 4.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented by By Type (White Portland Cement and Grey Portland Cement). The report is also segmented based on Application (Residential, Commercial, Industrial, Infrastructure). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Portland Cement Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Portland Cement Market Segmentation

Type
  • White Portland Cement and Grey Portland Cement
Application
  • Residential
  • Commercial
  • Industrial
  • Infrastructure

Strategic Insights

Portland Cement Market Growth Drivers
  • Infrastructure Development: Infrastructure development is another significant driver for the Portland cement market. With the rapid growth of urbanization across the globe, people require new roads, bridges, and buildings. This sudden rise in construction activities directly fuels the demand for Portland cement, as it is the primary component in concrete.
  • Government and Private Sector Investments Fuel Growth: Governments and private sectors are spending significantly on infrastructure projects to support economic growth and improve living standards. Smart city development and transportation upgradation projects require large volumes of cement. As such initiatives have started now, it will be seen that the market requirements for Portland cement is going to rise strongly. For manufacturers and suppliers in the market, this is going to create an extremely conducive environment.
  • Environmental Trends Shaping the Future: Environmental trend: The sustainable construction practice trend also impacts Portland cement. Innovations in the production of cements, such as blended cements incorporating alternate materials in its formulation, are gaining popularity. This contributes not only to the trend of developing more eco-friendly materials used in building construction but also to the performance characteristics of concrete, where it registers a higher demand in a variety of applications in construction.
Portland Cement Market Future Trends
  • Sustainability-Driven Growth: A new trend in the Portland cement market is growth in sustainability-driven and environmentally friendly initiatives. The construction industry is pressured to reduce its carbon footprint amid increasing environmental awareness. This trend becomes a driving factor for manufacturers to find alternative materials and production methods that not only have less environmental impact but similar characteristics in performance also.
  • Blended Cements An Enviroment Friendly Option: One important development on this trend is the development of blended cements, incorporating supplementary cementitious materials from fly ash, slag, and silica fume. Such products reduce the content of Portland cement while improving the durability and strength of concrete. Companies that use such sustainable practices can meet their regulatory needs and respond to growing demand for green building materials-leaving them well-positioned in the market.
  • Innovation for Sustainable Production: The innovations for sustainability working on Portland cement production. Manufacturers are doing a lot to ensure energy efficiency in the process. Carbon capture technologies are also invested in to minimize carbon emissions when producing cement. This trend aligns with global sustainability goals and attracts environmentally conscious consumers and builders, who want sustainable building practices, thus further encouraging the Portland cement market's adoption of sustainable practices.
Portland Cement Market Opportunities
  • Growing Market for Sustainable Portland Cement: The potential in Portland cement lies in the expanding market for sustainable construction materials. An increase in green awareness among builders and developers stirs interest in carbon footprints minimization. This developing trend will give Portland cement producers a chance to innovate and come up with greener alternatives, responding to this new requirement.
  • Sustainable Alternative with Enhanced Performance: Trying to capitalize on this situation is the development of blended cements that contain supplementary materials, such as fly ash, slag, and natural pozzolans. Blended cements not only reduce reliance on traditional Portland cement but also improve the performance properties of concrete-for example, durability and resistance to environmental factors. Suppliers will be able to increase sales from environmentally conscious consumers and avoid penalties from more stringent rules by promoting these sustainable choices.
  • Carbon Capture Technology: Carbon capture and storage technology in cement manufacturing steps has been another growth area. By investing in technologies that capture CO2 emissions during their manufacturing process, companies can immensely reduce their footprint on the environment. It not only supports the global sustainability agenda but also puts manufacturers front and center within the green construction movement, thereby increasing their market share and as well the reputation of the brand.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Portland Cement Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Portland Cement Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Based on geography, which region is expected to growth at the fastest CAGR?

Based on geography, Asia Pacific is expected to register the fastest CAGR from 2023 to 2031.

What are the deliverable formats of the portland cement market market?

The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.

What are the key trends of the portland cement market market?

Increasing focus on sustainability and eco-friendly practices is one of the key trends for the market growth.

Which are the leading players operating in the portland cement market market?

LafargeHolcim, CEMEX, Heidelberg Cement AG, China National Building Material, UtraTech Cement Ltd, Votorantim Cimentos, Argos USA Corporation, Dangote Cement, CRH Plc, and Buzzi Unicem are among the leading players operating in the portland cement market.

What are the driving factors impacting the portland cement market market?

Increasing demand for infrastructure development is driving the market growth

What is the expected CAGR of the Portland Cement Market ?

The Portland Cement Market is estimated to witness a CAGR of 4.5% from 2023 to 2031

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Portland Cement Market - By Application
1.3.2 Portland Cement Market - By Region
1.3.2.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PORTLAND CEMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. PORTLAND CEMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. PORTLAND CEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. PORTLAND CEMENT - GLOBAL MARKET OVERVIEW
6.2. PORTLAND CEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. PORTLAND CEMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. RESIDENTIAL
7.3.1. Overview
7.3.2. Residential Market Forecast and Analysis
7.4. COMMERCIAL
7.4.1. Overview
7.4.2. Commercial Market Forecast and Analysis
7.5. INDUSTRIAL
7.5.1. Overview
7.5.2. Industrial Market Forecast and Analysis

8. PORTLAND CEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Portland Cement Market Overview
8.1.2 North America Portland Cement Market Forecasts and Analysis
8.1.3 North America Portland Cement Market Forecasts and Analysis - By Application
8.1.4 North America Portland Cement Market Forecasts and Analysis - By Countries
8.1.4.1 United States Portland Cement Market
8.1.4.1.1 United States Portland Cement Market by Application
8.1.4.2 Canada Portland Cement Market
8.1.4.2.1 Canada Portland Cement Market by Application
8.1.4.3 Mexico Portland Cement Market
8.1.4.3.1 Mexico Portland Cement Market by Application
8.2. EUROPE
8.2.1 Europe Portland Cement Market Overview
8.2.2 Europe Portland Cement Market Forecasts and Analysis
8.2.3 Europe Portland Cement Market Forecasts and Analysis - By Application
8.2.4 Europe Portland Cement Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Portland Cement Market
8.2.4.1.1 Germany Portland Cement Market by Application
8.2.4.2 France Portland Cement Market
8.2.4.2.1 France Portland Cement Market by Application
8.2.4.3 Italy Portland Cement Market
8.2.4.3.1 Italy Portland Cement Market by Application
8.2.4.4 United Kingdom Portland Cement Market
8.2.4.4.1 United Kingdom Portland Cement Market by Application
8.2.4.5 Russia Portland Cement Market
8.2.4.5.1 Russia Portland Cement Market by Application
8.2.4.6 Rest of Europe Portland Cement Market
8.2.4.6.1 Rest of Europe Portland Cement Market by Application
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Portland Cement Market Overview
8.3.2 Asia-Pacific Portland Cement Market Forecasts and Analysis
8.3.3 Asia-Pacific Portland Cement Market Forecasts and Analysis - By Application
8.3.4 Asia-Pacific Portland Cement Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Portland Cement Market
8.3.4.1.1 Australia Portland Cement Market by Application
8.3.4.2 China Portland Cement Market
8.3.4.2.1 China Portland Cement Market by Application
8.3.4.3 India Portland Cement Market
8.3.4.3.1 India Portland Cement Market by Application
8.3.4.4 Japan Portland Cement Market
8.3.4.4.1 Japan Portland Cement Market by Application
8.3.4.5 South Korea Portland Cement Market
8.3.4.5.1 South Korea Portland Cement Market by Application
8.3.4.6 Rest of Asia-Pacific Portland Cement Market
8.3.4.6.1 Rest of Asia-Pacific Portland Cement Market by Application
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Portland Cement Market Overview
8.4.2 Middle East and Africa Portland Cement Market Forecasts and Analysis
8.4.3 Middle East and Africa Portland Cement Market Forecasts and Analysis - By Application
8.4.4 Middle East and Africa Portland Cement Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Portland Cement Market
8.4.4.1.1 South Africa Portland Cement Market by Application
8.4.4.2 Saudi Arabia Portland Cement Market
8.4.4.2.1 Saudi Arabia Portland Cement Market by Application
8.4.4.3 U.A.E Portland Cement Market
8.4.4.3.1 U.A.E Portland Cement Market by Application
8.4.4.4 Rest of Middle East and Africa Portland Cement Market
8.4.4.4.1 Rest of Middle East and Africa Portland Cement Market by Application
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Portland Cement Market Overview
8.5.2 South and Central America Portland Cement Market Forecasts and Analysis
8.5.3 South and Central America Portland Cement Market Forecasts and Analysis - By Application
8.5.4 South and Central America Portland Cement Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Portland Cement Market
8.5.4.1.1 Brazil Portland Cement Market by Application
8.5.4.2 Argentina Portland Cement Market
8.5.4.2.1 Argentina Portland Cement Market by Application
8.5.4.3 Rest of South and Central America Portland Cement Market
8.5.4.3.1 Rest of South and Central America Portland Cement Market by Application

9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

10. PORTLAND CEMENT MARKET, KEY COMPANY PROFILES
10.1. MITSUBISHI CEMENT CORPORATION
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. ALAMO CEMENT COMPANY
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. LAFARGE SA
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. MARTIN MARIETTA MATERIALS, INC.
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. HEIDELBERG CEMENT
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. NATIONAL CEMENT COMPANY OF CALIFORNIA
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. AMERICAN CEMENT COMPANY, LLC
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. HOLCIM
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. ARGOS USA CORPORATION
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. ESSROC CEMENT CORPORATION
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments

11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
The List of Companies

1. Mitsubishi Cement Corporation
2. Alamo Cement Company
3. Lafarge SA
4. Martin Marietta Materials, Inc.
5. Heidelberg Cement
6. National Cement Company of California
7. American Cement Company, LLC
8. Holcim
9. Argos USA Corporation
10. ESSROC Cement Corporation

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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