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The India cement market is currently witnessing steady growth. 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.
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. Looking forward, the market is expected to continue its steady growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the India cement market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type and end use.
Breakup by Type:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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