Global Cement Industry​​​​​​​

Cement market worldwide is projected to grow by 1.3 Billion Tons, driven by a compounded growth of 3.5%. Blended, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over 2.9 Billion Tons by the year 2025, Blended will bring in healthy gains adding significant momentum to global growth.
October 08, 2019 11:47 ET | Source: ReportLinker FR

The total volume of cement production worldwide amounted to an estimated 4.1 billion tons in 2020. Back in 1995, the total global production of cement amounted to just 1.39 billion tons, which indicates the extent to which the construction industry has grown since then.​​​​​​​

Major countries in worldwide cement production 2010-2020
Published by M. Garside, Feb 17, 2021
 In 2020, cement production in the United States amounted to some 90 million metric tons. Thus, the United States was ranked as the fourth leading cement producer globally.

Worldwide cement production
China produces the most cement globally by a large margin, at an estimated 2.2 billion metric tons in 2020, followed by India at 340 million metric tons in the same year. China currently produces over half of the world’s cement. Global cement production is expected to increase from 3.27 billion metric tons in 2010 to 4.83 billion metric tons in 2030.
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Cement usage and consumption
Cement is used to bind material together and is categorized as either non-hydraulic or hydraulic. Hydraulic cements are composed of silicates and oxides that can set and harden even when exposed to water. Cement today is mostly used as stucco for buildings in wet climates, as mortar for applications near sea water, and as part of developments for strong concretes. Cement consumption in the United States decreased after the 2008 economic downturn, down to 71.5 million metric tons in 2009. Since then however, consumption has gradually increased to an estimated 102 million metric tons in 2020. In the U.S., most cement is consumed between May and October. In Europe, CRH, a top cement manufacturer headquartered in Ireland, generated 30.21 billion euros in revenues in 2018.​​​​​​​