The Global Cement and Concrete Market Outlook to 2035
£2,995
Description
Cement and Concrete Market Size and Outlook Report by Type of Cement and Concrete, by Applications, by Capacity, by Production, and by demand (2023-2035)
Report insight
The cement and concrete industry enters 2025 at a pivotal moment, balancing the cyclical nature of construction demand with the structural need for deep transformation. While global output and consumption continue to grow in absolute terms, the pace and quality of that growth are changing. What was once a volume-driven industry is now increasingly shaped by innovation, environmental constraints, and the reconfiguration of global economic power.
At the heart of this evolution is a shifting geographic demand base. Traditional growth drivers—such as China’s infrastructure expansion—are now slowing, with the country’s cement output reaching a plateau amid tighter environmental controls and a maturing real estate sector. In contrast, India has emerged as the most dynamic growth market, driven by strong government investment in transport, energy, and affordable housing. Africa and Southeast Asia are also becoming increasingly relevant, not only as consumption markets but as production hubs, because of low-cost labour, rising urbanisation, and improving logistics infrastructure.
In developed economies, growth is more modest but supported by strategic public investment and a shift toward infrastructure renewal and resilience. The United States is seeing tangible impact from the Infrastructure Investment and Jobs Act, especially in the ready-mix and precast concrete segments. In Europe, decarbonisation is now the primary strategic focus. Cement and concrete producers are under intensifying pressure to comply with EU carbon pricing, energy efficiency regulations, and circular economy mandates. This is reshaping cost structures, supply chains, and R&D priorities.
Globally, the cement sector is under unprecedented pressure to reduce emissions across the value chain. Traditional clinker-based cement is being supplemented—and sometimes replaced—by alternative binders, including calcined clay, ground granulated blast furnace slag, fly ash, and emerging bio-based or recycled materials. Innovation in supplementary cementitious materials (SCMs) is no longer a niche; it is becoming a mainstream investment priority. Simultaneously, major producers are investing in carbon capture, utilisation, and storage (CCUS) technologies, though scalability and cost remain barriers.
Digitalisation is also beginning to take hold in production and delivery operations. Predictive maintenance, AI-powered mix design, and real-time logistics tracking are improving efficiency and sustainability metrics. Construction technologies such as 3D-printed concrete are gaining traction, particularly in modular and low-cost housing sectors, offering a glimpse into a more adaptive, automated future.
Risk factors remain elevated. Volatile energy prices, supply chain disruptions for raw materials (particularly clinker and gypsum), rising financing costs, and regulatory uncertainty around carbon compliance could all affect margins. Climate risks, including extreme weather events, are also beginning to influence operational planning and site selection. New opportunities are emerging in urban resilience, green infrastructure, and regenerative construction materials.
Looking forward, the global cement and concrete market is expected to grow at a modest rate, with the balance of growth shifting decisively toward sustainability-oriented innovation and emerging market consumption. Success will depend not only on volume but on strategic alignment with climate goals, operational flexibility, and investment in new technologies that redefine the materials of tomorrow.
Why is this report unique and a must-read for the cement and concrete market?
The Global Cement and Concrete Market Outlook to 2035 is key to understanding the current trends and developments and the future direction of the global cement and concrete market. We have used both quantitative and qualitative research approaches and considered various demand and supply dynamics to assess the global cement and concrete market. This content-rich report covers the following key aspects:
- How will the demand and supply evolve in the global cement and concrete market over the next ten years?
- How will the cement and concrete market perform in different regions?
- What are the key market strategies of key producers?
- What will be the major trends and developments in the global cement and concrete market, and how will they impact the industry?
- What are the key end users of the cement and concrete market, and how will they evolve over the next ten years?
- What will be the main threats and opportunities in the global cement and concrete market?
- What will be the major drivers and restraints in the global cement and concrete market?
- Is cement losing its market share to alternative materials?
- Cement and concrete import and exports
Why should you read this report?
- Demand, supply and capacity analysis of the cement and concrete market by leading markets
- Market assessment in volume and value terms
- Market assessment by end users such as residential, commercial and infrastructure
- Detailed discussions on megatrends
- Tables, figures and charts
- This is a content-rich report with all supportive data provided in Excel
Who should buy this report?
- Cement and concrete producers
- Cement and concrete consumers
- Construction companies
- Building contractors
- Suppliers of equipment and machinery
- Government bodies
- Industry consultants, researchers and analysts