Market Overview:
The India cement market size reached 3,644.5 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach
4,832.6 Million Tons by 2028, exhibiting a growth rate (CAGR) of
4.94% during 2023-2028.
Cement refers to a binding material obtained by grinding a mixture of clay and limestone. It is also manufactured using other materials, such as shale, clay, slate, chalk, silica, iron ore and blast furnace slag, which are heated at a high temperature to form a brick-like substance that is then grounded into fine powder to form cement. In India, cement is extensively utilized as a prime ingredient for building houses, roads, bridges and other public structures.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
The India cement market is primarily driven by the significant rise in construction activities due to the rapid population expansion and a surge in the need for residential spaces. The development of mega infrastructural projects in the country, such as airports and roads, is also bolstering the growth of the market. Furthermore, with the growing environmental concerns, there has been a rise in the demand for green buildings. This has led to an increase in the sales of sustainable and green cement as it minimizes the CO2 emissions generated during the production process. Moreover, rapid urbanization and industrialization, along with the rising purchasing power of consumers, are some of the other factors catalyzing the market growth across the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India cement market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type and end use.
Breakup by Type:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Breakup by End Use:
- Residential
- Commercial
- Infrastructure
Breakup by Region:
- North India
- West and Central India
- East India
- South India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
Million Tons |
Segment Coverage |
Type, End Use, Region |
Region Covered |
North India, West and Central India, South India, East India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
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) |