The cement and concrete product manufacturing establishments are primarily engaged in manufacturing portland, natural, masonry, pozzolanic, and other hydraulic cements. It also includes ready-mix concrete manufacturing, concrete block and brick manufacturing, concrete pipe manufacturing, and other concrete product manufacturing. Cement is used in construction of buildings, bridges, dams, water tanks, roads, acid-resistant structures.
Cement and Concrete Product Manufacturing Global Market Size
The global cement and concrete product manufacturing market was valued at $745.3 billion in 2017. Asia Pacific was the largest geographic region accounting for $489.8 billion or 65.7% of the global market. China was the largest country accounting for $295 billion or 39.5% of the global cement and concrete product manufacturing market.
Cement and Concrete Product Manufacturing Global Market Trend
Cement manufacturers globally are collaborating and developing technologies to reduce carbon emissions from their manufacturing units. Low Carbon Technology Partnership initiative (LCTPi) of World Business Council for Sustainable Development (WBCSD) is a group of cement industry leaders committed to reduce CO2 emissions 20-25% by 2030 through adopting substitutes of cement and fuel components, developing new low carbon components and improving the production process. Cemex, HeidelbergCement, LafargeHolcim and Dalmia Cement are some of the companies in LCTPi.
The companies covered are Lafarge, CRH Plc, Cemex, China Resources, and Companhia Siderurgica Nacional S A.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Cement and Concrete Product Manufacturing Global Market Segmentation
The cement and concrete product manufacturing market is segmented into Cement Manufacturing; Ready-Mix Concrete Manufacturing; Concrete Pipe, Brick, And Block Manufacturing; Other Concrete Product Manufacturing.
Cement Manufacturing segment comprises establishments primarily engaged in manufacturing portland, natural, masonry, pozzolanic, and other hydraulic cements. Cement manufacturing establishments may calcine earths or mine, quarry, manufacture, or purchase lime.
Ready-Mix Concrete Manufacturing segment comprises establishments, such as batch plants or mix plants, primarily engaged in manufacturing concrete delivered to a purchaser in a plastic and unhardened state. Ready-mix concrete manufacturing establishments may mine, quarry, or purchase sand and gravel.
Concrete Pipe, Brick, And Block Manufacturing segment comprises establishments primarily engaged in manufacturing concrete pipe, brick, and block.
Other Concrete Product Manufacturing segment comprises establishments primarily engaged in manufacturing concrete products (except block, brick, and pipe).