global cement consumption

Our team of industry experts provides service and support that make working with us easy. consumption, revenue, market share and growth rate, and forecast (2017 -2029) of the following regions: United States Europe (Germany, UK, France, Italy, Spain . Although China will continue to grow, with a 7 percent economic growth rate in 2015, this is much less than then the double-digit rates it experienced in 2010 and 2011. Its massive scope of applications can only be equaled by the sheer . FS-2006-3127. September 12, 2017. Egypt is one of the biggest cement producers all over the world and the leading country in the middle East,Africa, and the Arabian Region with a total production capacity of 50 million tons of cement. Given these challenging and uncertain times, to better inform clients, CW Research also provides two additional scenarios in addition to the base case. 1.3.1 Specialty Cement Consumption (Sales) Comparison by Application (2013-2025) 1.3.2 Special Construction 1.3.3 Well 1.3.4 City Water Pipe 1.3.5 Pipeline UK-based International Cement Review has published its latest Global Cement Report, a 400-page analysis and forecast for the worldwide cement industry, with detailed coverage of over 160 countries. Saudi Arabia is the only major market expected to see a significant increase within the region. Factors such as surging demand from . Euclid Chemical is a world leading manufacturer of specialty chemical products for the concrete and masonry construction industry. By region, the highest growth rates were recorded in sub-Saharan Africa at 5-6%, although the combined region represents just101 million tonsof cement consumption equal to the entire U.S. On a per capita basis, sub-Saharan African countries have some of the lowest consumption levels worldwide. World cement consumption grew an estimated 4.6 percent in 2014 from 4.0 billion metric tons in 2013 to 4.3 billion metric tons. . In the Middle East, cement demand is set to decline in 2020 after a recovery of more than 4 percent in the previous year. The CW Group is a leading US- headquartered advisory, research and business intelligence boutique with a multi-industry orientation, with a presence in the US, Brazil, India, Portugal and Romania. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response . Carbon-neutral cement production involves a paradigm shift. The global cement industry accounts for about 2.5% of global primary energy consumption, but contributes 8% of anthropogenic CO2 emissions. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. The global cement market is segmented on the basis of type, application, production and consumption. Global cement production is expected to increase from 3.27 billion metric tons in 2010 to 4.83 billion metric tons in 2030. GlobBULK. As a Premium user you get access to background information and details about the release of this statistic. Asia Pacific held the major share of around 74% of the global cement consumption in 2021. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. Register in seconds and access exclusive features. Global Cement Consumption Set to . Fully risk assessment and industry recommendations were made for Polymer Modified Cement in a special period. China's cement production share equates to over half of the world's cement. Jan 18, 2021 This statistic represents the global cement demand for 2016, 2018, and 2020, broken down by select country. A slowdown in Asian economic growth will reduce cement consumption growth rates compared to previous years. The Portland Cement Association (PCA) Market Intelligence Group's Senior Vice President and Chief Economist Ed Sullivan presented the association's annual summer cement market outlook, predicting an increase in cement consumption over the next four years. Get full access to all features within our Corporate Solutions. As a result, consumption reached the peak level of $X. A report released by the Portland Cement Association (PCA) indicates that cement consumption among developed economies increased by roughly 9.2 million metric tons in 2014, followed by another 9 million ton 2022 to 2030. Background Facts and Issues Concerning Cement and Cement Data. According to Robert Madeira, CW Groups managing director and head of research, U.S. cement demand is being propelled by an increase in consumer spending, reflecting a growth in residential construction. In 2019 the global cement industry is expected to post a demand growth of more than 3%, in line with the previous year. Per capita, cement consumption was only 95 KG in 2011. Your email address will not be published. Publish Date: July 4, 2017 $5370 View Details View More Global cement consumption is projected to decline marginally to 4.05 billion tons in 2018, according to CW Researchs 2H2018 update of the Global Cement Volume Forecast Report. Our team of industry experts provides service and support that make working with us easy. Directly accessible data for 170 industries from 50 countries To gauge how drastic and rapid the world economic decline is, in Sullivan's October 2007 global forecast, he had anticipated cement consumption in the neighborhood of 2.82 billion metric tons by 2008. Use Ask Statista Research Service, Leading cement producing countries worldwide 2021, Cement production capacity of selected top companies 2021. Accessed November 03, 2022. https://www.statista.com/statistics/936095/global-cement-demand-by-country/, Morgan Stanley. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q2 2022, Research Lead covering energy, environment, chemicals & resources, Profit from additional features with an Employee Account. Cement consumption is expected to grow 2.3% in 2019 and 1.7% in 2020. Morgan Stanley. The Global Cement Consumption Market report provides a holistic evaluation of the market for the forecast period (2022-2030). Published in Global Cement News Read more. During the next five years, growth will likely accelerate as the regional economy recovers. The five-year outlook presented in this benchmark study enables industry professionals to shape their perspective on markets and business priorities. Rapid urbanization, growing construction activities and government infrastructure programs have all . As a region, per capita cement consumption is just 91kg, compared to the global average of 521kg, reflecting both the huge potential of the region in the future, but also the low level of development at present. With an expected growth of more than 7.4 million metric tons, the North American region is expected to continue to expand at a faster pace than most other developed countries due to continued national economic growth.. Want to tweet about this article? ; Pakistan consumes gallons of oil per capita every day (based on the 2022 population of 203,631,353 people), or 42 gallons per capita per year (1 barrels). in essence, this new report notes that global cement consumption growth slowed by 2.4 per cent in 2008 to 2830mt, but recovering thereafter to 2998mt in 2009 and up to 3294mt in 2010, giving annual growth rates of 5.9 per cent and 9.9 per cent, respectively, for these latter two years by 2012, worldwide cement consumption is forecast to reach a From 2015 to 2021, the growth of the global market remained at a somewhat lower figure. Aided by the rising infrastructural projects, the market is expected to reach 6.08 billion tons by 2026. A researcher at Beihang University, China, has reportedly estimated that the eventual 10m people-strong city will consume 60Mt of cement for residential construction alone. The global cement market is expected to record a value of US$401.10 billion in 2025, progressing at a CAGR of 5.10% for the period spanning 2021-2025. "Most of the gains in developed world cement consumption are attributed to North America," said Edward Sullivan, PCA's chief economist and group vice president. Considering the influence of COVID-19 on the global Negative CO2 Cement market, this report analyzed the impact from both global and regional perspectives. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. cement manufacturing is the third largest energy consuming and co 2 emitting sector, with an estimated 1.9 gt of co 2 emissions from thermal energy consumption and production processes in 2006. Pakistan ranks 33rd in the world for oil consumption, accounting for about % of the world's total consumption of 97,103,871 barrels per day. . Data Series 140. The GDP and construction sector will rebound as the economies open up and lockdowns are lifted as there is still pent up consumption demand and the contraction that occurred in the global economy was forced and not a structural one. Cement is one of the elementary material components in the construction industry. Focus on infrastructure to drive growth in Chinese cement consumption. In advanced markets such as the United States and Western Europe, cement demand has been sustained by a steady growth in the economies a growth whose speed is likely to ease in the upcoming years. World cement consumption is expected to decline to 3.9 billion tons in 2020, according to CW Research's extended 2H2020 update of the Global Cement Volume Forecast Report. China: In 2014, China produced 2,500 million metric tons of cement. Indonesia's domestic cement consumption rose 6.6 percent last year to 34.17 million tonnes, higher than an . The global cement market attained a volume of 5.17 million tons in the year 2020, driven by the rising demand from the construction sector. Show publisher information The global cement production in 2021 was recorded at 4.37 billion ton whereas the consumption was 4.27 billion ton. Sullivan expects global consumption figures to reach 2.65 billion metric tons in 2009, down from 2.7 billion in 2008. The forecast provides global and regional outlooks, as well as detailed perspectives on 57 of the worlds most important countries cement consumption, production, net trade and cement production capacity. A new report indicates that cement consumption among developed economies increased by roughly 9.2 million tons in 2014. GDP and Cement Consumption 2. Spanish cement consumption grows by 2.5% to 7.49Mt in first half of 2022 27 July 2022 The five-year outlook presented in the benchmark study enables industry professionals to shape their perspective on markets and business priorities. As a Premium user you get access to the detailed source references and background information about this statistic. However, the growth of the market would be challenged by depleting fossil fuel reserves. Currently, you are using a shared account. Access to this and all other statistics on 80,000 topics from, Show sources information Construction equipment industry in the U.S. Forecast of the demand for cement worldwide in 2016 with forecasts for 2018 and 2020, by select country (in million metric tons), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. For Paris Agreement signatory nations, especially those pledged to deliver a carbon-neutral outcome by 2050, transition to carbon-neutral cement production . If you are an admin, please authenticate by logging in again. Global molded plastics market was valued at $529,845 million in 2016, and is expected to garner $690,158 million by 2023, registering a CAGR of 3.9% from 2017 to 2023. 10 Largest Cement Companies in the USA - The Constructor. Italcementi Group, Cairo; 5 plants, 3 business units; Suez Cement Plant,Qattamya Cement Plant, Tourah Cement Plant, Helwan Cement Plant, and the . In 2017, over 4.2 billion tons of cement was produced across the globe and over 2.14 billion tons were produced by China. However, Bangladesh remains one of the lowest consumers of cement in the world. (September 12, 2017). Then you can access your favorite statistics via the star in the header. This scenario reflects the gradual healing of distressed housing and nonresidential sectors, especially among several Eurozone economies. In 2020, approx. Nevertheless, the ambitious infrastructure plans envisaged by the Trump administration remain on hold, translating into a lackluster increase in cement demand, he said. The global cement market size was valued at USD 326.81 billion in 2021. In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy. For over a century, Euclid Chemical has built a reputation on quality products, innovation, and putting people first. Global Cement Market (Production, Consumption, Imports & Exports): Insights & Forecast with Potential Impact of COVID-19 (2020-2022) The global cement market is expected to record a value of US$401.10 billion in 2025, progressing at a CAGR of 5.10% for the period spanning 2021-2025. Pakistan: Cherat Cement expects cement consumption in Pakistan to fall by 3 - 4% year-on-year in the 2023 financial year, which will end on 30 June 2023. Factors such as increasing construction activities, rising urbanization and higher disposable income will drive the growth. OF-2005-1152. Key players in the global Fiber Cement Cladding Panels market covered in Chapter 2 and Chapter 6: American Fiber Cement Nichiha Fiber Cement Mathios Sa James Hardie Building Products . To use individual functions (e.g., mark statistics as favourites, set The horizontal axis measures GDP (not GNP), and it is expressed as PPP World cement consumption grew an estimated 4.6 percent in 2014 from 4.0 billion metric tons in 2013 to 4.3 billion metric tons. This chapter also compares the markets of Pre COVID-19 and Post COVID-19. Global cement consumption in 2022 is expected to grow by 1 percent, following geopolitical events, including the Russia-Ukraine conflict, and Covid-19 related lockdowns in China which are increasin Cement consumption in 2022 revised downwards. In the United States, CW Research expects cement demand to grow by 2.8 percent on a cumulative annual growth average. 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Global cement consumption has seen a decline across almost all regions with the exception of China, as the economies have grappled with lockdowns seeking to halt the spread of the pandemic leading to a negative impact on economic growth and construction activities in the short term. World Cement Consumption 2185 million ton 2342, million ton -- 2557 million ton sererereneterecmemsaseerenemenenensmenesseceeences 3294 million ton World Cement . Even with the rise in demand in China, which reached an estimated 2.28 billion tons, up 4.9% over the year before, and representing 56% of global consumption, the worldwide consumption was only 2.8% higher than 2018 according to the Global Cement Report, 13thEdition. The market is projected to grow from USD 340.61 billion in 2022 to USD 481.73 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period. In 2020, it is estimated that the demand for cement will reach 353. The market is expected to grow in the forecast period of 2022-2027 at a CAGR of 3.3%. World cement consumption is expected to grow 2.2 percent in 2015, 3.7 percent in 2016, and remain near 4 percent growth during 2017-2018. How Concrete Proves To Be A 'Cool Pavement' ", Morgan Stanley, Forecast of the demand for cement worldwide in 2016 with forecasts for 2018 and 2020, by select country (in million metric tons) Statista, https://www.statista.com/statistics/936095/global-cement-demand-by-country/ (last visited November 03, 2022), Forecast of the demand for cement worldwide in 2016 with forecasts for 2018 and 2020, by select country, Available to download in PNG, PDF, XLS format, Cement production capacity ranking worldwide by leading country 2021, Global clinker production capacity in selected countries 2021, Cement plants in the leading producing countries worldwide by type 2021, Global cement market share in 2020, by sector, Global cement demand selected figures 2025, Global cement manufacturing CO2 emissions 1990-2020, by country, Global cement export volume by major countries 2021, Global cement export value ranking by country 2021, Global cement import volume ranking by major country 2021, Global cement import value by country 2021, Global share of cement import value by country 2021, Global production volume of cement minerals 2021, Global cement production share by region 2020, Cement production volume in India FY 2008-2022, Production volume of cement Vietnam 2010-2021, Cement production volume in Turkey 2010-2021, Global distribution forecast of cement production in 2030, by country, Revenue of major global cement manufacturers 2020, Market capitalization of major cement manufacturers globally 2022, Global cement demand by region 2017 & 2020, Global cement capacity utilization 2013-2014, with forecasts up until 2020, Cement clinker capacity in China 2010-2020, Global supplementary cementing material market value 2020 & 2030, Amount of cement deliveries Saudi Arabia 2002-2019, Chinese residential urban area's cement consumption volume 2011-2020, Latin America - cement consumption growth 2004-2018, Australia and the Pacific - cement consumption growth 2004-2019, Cement clinker capacity in Egypt & worldwide 2021, China National Building Material cement and clinker sales volume 2011-2021. Chart. Similarly, theGlobal Cement Market (Production, Consumption, Imports & Exports): Insight, Trends and Forecast (2019-2021)report from ResearchAndMarkets.com predicts the global cement consumption volume to reach 4.42 billion ton in 2021, growing at an annual rate of 2.96% for the period 2018-2021. China produces the most cement globally by a large margin, at an estimated 2.5 billion metric tons in 2021. Following a sustained slowdown in Chinese cement demand, and given the Asian giants weight on the overall worldwide figure, global consumption is poised to record a slim rise of almost 1 percent per year through 2023. The Global Cement Volume Forecast Report is a biannual update on projections for cement volumes on a national, regional and global level. CW Research estimates cement consumption in the Spanish market to contract by 12 percent this year, following a growth of more than 6 percent year-on-year in 2019, as the recovery of the real estate sector has been brought to a shuddering halt by the pandemic. 1.3.1 Global Non-shrink Cement Grout Consumption Comparison by Application: 2022 VS 2028 1.3.2 Steel Framed Buildings 1.3.3 Machinery Baseplate 1.3.4 Crane Rails 1.3.5 Bridges 1.3.6 Wind Turbines 1.3.7 Others 1.4 Global Market Growth Prospects 1.4.1 Global Non-shrink Cement Grout Revenue Estimates and Forecasts (2017-2028) From 2015 to 2020, the global clinker-to-cement ratio is estimated to have increased at an average of 1.6% per year, reaching an estimated 0.72 in 2020; this rise was the main reason for the increase in direct CO 2 intensity of cement production over the period. "Forecast of the demand for cement worldwide in 2016 with forecasts for 2018 and 2020, by select country (in million metric tons)." Historical Statistics for Mineral and Material Commodities in the United States. World Cement projected in 2016 that the market for construction aggregates would grow to 51.7 billion tons in 2019, an advancement rate of 5.2 percent annually. World cement consumption is expected to grow 2.2 percent in 2015, 3.7 percent in 2016, and remain near 4 percent growth during 2017-2018. The global cement production in 2021 was recorded at 4.37 billion ton whereas the consumption was 4.27 billion ton. The Global Cement Consumption Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. This statistic is not included in your account. and over 1Mio. Please create an employee account to be able to mark statistics as favorites. In all recent works, after performing an energy audit, different . Read more >, Business Trend - Climate Champions: Chattanoogas Corporate Sector Strives for a Carbon-Free Future statistic alerts) please log in with your personal account. The countries with the highest levels of cement per capita consumption in 2020 were China (1,620 kg per person), Viet Nam (911 kg per person) and the U.S. (314 kg per person). 96M tonnes of cement were imported worldwide; waning by -4.4% compared with 2019. 2022 SEMCO Publishing, Inc. All rights reserved. Global cement consumption is expected to grow throughout 2015 and continue throughout the next year, but at the slower rate than in the past. /PRNewswire/ -- UK-based International Cement Review has just announced the publication of its latest Global Cement Report, a 400-page analysis and forecast. 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