Global Portland Cement Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Portland Cement Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Portland cement is the most frequently used type of cement worldwide as a basic component of concrete, mortar, stucco and not special mortar. It is a grey-colored binding and adhesive agent that serves as a key component in the construction industry. It is an inorganic substance which contains large quantities of iron oxide, chromium, manganese and manganese oxide. It also consists of small amounts of chalk, bauxite, shell, clay, marl, slate and shale which are heated at high temperatures. The resulting fine powder is mixed with water, sand and gravel, which solidifies into a hard stone-like substance and is used in masonry. There are different types of Portland cement. The most common ordinary Portland cement (OPC) is gray, but white Portland cement is also available. Portland cement is highly economical, durable product ，that finds use in various applications including construction, infrastructure, cement bricks, plasters and screeds.

Market Overview:

The latest research study on the global Portland Cement market finds that the global Portland Cement market reached a value of USD 105539.26 million in 2022. It’s expected that the market will achieve USD 112663.78 million by 2028, exhibiting a CAGR of 1.09% during the forecast period.

Influence of COVID-19 Outbreak on Portland Cement Industry Development

The recovery of the company's money is the main source of cash flow, and it is also the guarantee for the company to carry out normal business activities and have good solvency. At present, under the influence of COVID-19, the oversupply of the market, and the continuous decline in cement prices, the market negotiation ability of cement companies has declined. Many companies are selling on credit to reduce inventory, and receivables have increased significantly. In turn, it may lead to insufficient cash flow and affect the normal production of the enterprise. Under such circumstances, in order to recover funds as soon as possible, cement companies may further reduce prices in order to obtain funds and solve financial urgency, thus falling into a vicious circle.
The future capital risk of the cement industry is affected by the degree of COVID-19 control.

Limitations

Due to the influence of factors such as the large volume of raw materials and product transportation, the high proportion of freight to the selling price, and the short product shelf life, Portland cement products have certain geographical restrictions on the scope of sales. The obvious regionality of product sales has led to a market pattern of increasing regional concentration in the international Portland cement industry.
For most companies, banks increase the loan threshold, and the follow-up funds for project investment are difficult to get in place. For listed Portland cement companies, due to the downturn in the capital market, it is more difficult to finance stocks.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

CNBM is one of the major players operating in the Portland Cement market, holding a share of 7.54% in 2020.

CNBM International Corporation operates building materials and equipment trading business. The Company, through online shopping platform and entities shops, sells building materials, building machineries, metals, coal products, and new energy products. CNBM International markets its products domestically and overseas.

LafargeHolcim Ltd provides building materials. The Company produces and markets readymixed concrete, cement, clinker, and admixtures, as well as provides consulting and engineering services in all areas of the cement manufacturing process. LafargeHolcim operates cement manufacturing facilities worldwide.

Segmentation Overview:

Among different product types, Bulk segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Portland Cement market covered in Chapter 3:

LafargeHolcim
Taiwan Cement
Anhui Conch Cement
Votorantim Cement
Cemex
BBMG
CNBM
China Resources Cement Holdings
UltraTech Cement
CRH
Huaxin Cement
China Tianrui Group Cement
Heidelberg
West China Cement

In Chapter 4 and Chapter 14.2, on the basis of types, the Portland Cement market from 2018 to 2029 is primarily split into:

Gray Portland Cement
White Portland Cement

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Portland Cement market from 2018 to 2029 covers:

Residential
Non-residential
Infrastructure

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)