As per the Cement industry analysis by IMARC Group, the top cement manufacturers are introducing improved production methods and formulations. This is being done by capturing thermal energy, recycling it into the process, and sourcing power from renewable sources that help in lowering CO2 emissions during the manufacturing process. With the growing environmental concerns, they have also introduced green cement, which aids in reducing the consumption of natural raw materials, like water.
The global cement market size reached US$ 363.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 518.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.22% during 2023-2028.
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Headquarters: Beijing, China
CNBM Ltd. is a leading PRC building materials company mainly engaged in cement, lightweight building materials, glass fiber, composite materials and engineering services businesses. The total assets of the company exceed 460 billion yuan, while the cement production capacity is 521 million tons. The company is committed to building a three-pillar development platform of cement, new materials, and engineering services, creating a world-class integrated building materials enterprise and creating a globally leading listed company in the field of building materials. It is continuously consolidating its leading position in the industry and enhancing its competitiveness in the international market.
LafargeHolcim Ltd. is the global leader in building materials and solutions. It operates through four business segments: Cement, Aggregates, Ready-Mix Concrete, and Solutions & Products. With leading positions in all regions of the world and a balanced portfolio between developing and mature markets, LafargeHolcim offers a broad range of high-quality building materials and solutions. The company proactively engages on the international climate agenda with a full range of stakeholders, including governments, international organizations, and representatives of civil society.
Headquarters: Wuhu City, China
Anhui Conch Cement Co., Ltd. mainly engages in the production and sales of cement and commodity clinker. At present, the company sells nearly all the cement it produces domestically and exports less than 3% of its total output. The company also has more than 160 subsidiaries in 18 provinces and autonomous regions in China, as well as Indonesia, Myanmar, Laos, Cambodia, and other foreign countries along the Belt and Road Initiative, with a total cement capacity of 353 million tons.
Headquarters: Heidelberg, Germany
HeidelbergCement Group is among the leading global producers of building materials. It is the largest supplier in Germany’s cement market, operating a total of eight cement and three grinding plants. It operates 156 cement plants with an annual cement capacity of 197 million tonnes, more than 1,700 ready-mixed concrete production sites and over 600 aggregates quarries. Furthermore, the company has activities in around 60 countries, with 63,000 employees working at more than 3,000 production sites.
CEMEX is one of the leading global building materials companies, with annual sales of US$ 14.38 Billion and an EBITDA of US$ 2.6 billion in 2018. It provides high-quality, branded cement products for various construction needs. The company is one of the leaders in each of its core businesses: cement, ready-mix concrete, aggregates, and other related products. Moreover, it is focused on creating sustainable value by providing industry-leading products and solutions to satisfy the construction needs of its customers around the world.
UltraTech Cement Ltd. is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India. It also represents the third-largest cement producer in the world, excluding China, with a capacity of 117.35 MTPA. The company provides a range of products that cater to the various aspects of construction, from foundation to finish. This includes Ordinary Portland Cement, Portland Blast Furnace Slag Cement, Portland Pozzolana Cement, White Cement, Ready Mix Concrete, building products and a host of other building solutions. The company’s building products business is an innovation hub that offers an array of scientifically engineered products to cater to new-age constructions.
Votorantim Cimentos has been in the construction materials business for nearly a century. It operates in the cement, concrete, aggregates, and mortar segments. In 2018, the company produced 31.1 million tons of cement from an installed capacity of 53.4 million tons. Its net revenue was R$ 12.6 billion, with 11,932 employees. Votorantim Cimentos has 264 industrial units in the Americas, Europe, Africa, and Asia. The company is continually pursuing different innovative solutions for its services and products; working ethically and transparently; providing a healthy, safe, and inspiring work environment for its employees; and promoting sustainability in operations and the development of the communities where it operates.
A Brazilian private equity company, InterCement is the market leader in cement in Portugal, Argentina, Mozambique, and Cape Verde, ranking second in the Brazilian and Paraguayan markets, and having significant operations in South Africa and Egypt. InterCement has been on the road to growth and success, investing heavily in new plants, acquisitions, and increased capacity. Since 2009, InterCement has structured an innovation process based on a strategy of differentiation in order to achieve long-term business growth. At present, the company operates with an innovative architecture based on structured methodologies that, with strong support from upper management, generate an actual competence disseminated throughout the country.
CRH manufactures and distributes a diverse range of superior building materials and products for use in the construction and maintenance of infrastructure, housing, and commercial projects. The materials and products are used extensively, in construction projects of all sizes, all across the world. It is the largest building materials company in North America, with operations in 46 US states and 7 Canadian provinces. The company also has strategic positions in Southeast Brazil and China, India, and the Philippines in Asia.
Headquarters: Bethlehem, Pennsylvania
Buzzi Unicem USA, Inc. is one of the leading cement manufacturing companies in the US. The company’s seven cement plants have a production capacity of approximately 9 million metric tons. Buzzi Unicem is a modern industrial group specialized in the integrated production of cement, ready-mixed concrete, natural aggregates, and related marketing. It supplies a wide range of products, from the most traditional cement to special binders, and is able to provide the most suitable solution for any work or site.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects in the cement industry and regional West Africa, Europe, GCC, and North America, which has enabled clients to set up and expand their businesses successfully.
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134 N 4th St. Brooklyn, NY 11249, USA
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30 Churchill Place London E14 5EU, UK