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Report
United States Cement Market Report and Forecast 2024-2032
Market Report I 2023-11-18 I 190 Pages I EMR Inc.
United States Cement Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United States cement market is projected to grow at a CAGR of 3.90% between 2024 and 2032. Aided by growing focus on sustainability and increasing number of construction projects, the market is expected to grow significantly by 2032.
Cement, an indispensable component of construction, is a binding material used in conjunction with other materials like sand and aggregates. It's pivotal for the creation of concrete, mortar, and other construction materials. With the United States witnessing a boom in both residential and commercial construction projects, the demand for cement is experiencing an uptrend. The quality of cement ensures the strength, durability, and longevity of structures, which underscores its importance in modern construction.
One of the significant United States cement market trends is the escalating demand in the residential construction sector. The United States, with its growing population and urbanization rates, has seen an uptick in housing requirements. This has resulted in the construction of high-rise apartments, individual houses, and townships, thereby propelling the market demand.
Moreover, the United States government's emphasis on upgrading its aging infrastructure has proven beneficial for the cement industry. Massive infrastructure projects, including the redevelopment of roads, bridges, and public buildings, have been rolled out, and these endeavours require vast amounts of cement. Such infrastructural advancements, coupled with private sector investments in commercial spaces, malls, and office complexes, have further cemented the United States cement market growth.
In addition to the conventional applications, innovative uses of cement, like in the production of high-performance concretes and sustainable cements, have emerged. This innovation stems from the growing environmental concerns and the push for sustainability. Manufacturers are now leaning towards producing eco-friendly variants of cement, which not only reduces the carbon footprint but also offers enhanced durability and resistance against severe weather conditions.
Furthermore, technological advancements have paved the way for United States cement market expansion. The integration of digital solutions and automation in cement manufacturing processes has optimized production rates, ensuring consistency in quality and reducing wastage. These modern solutions, driven by Industry 4.0 standards, have revolutionized the traditional cement manufacturing landscape, promoting efficiency and sustainability.
Market Segmentation
The market can be divided based on type, end use, and region.
Market Breakup by Type
- Blended
- Portland
- Others
Market Breakup by End Use
- Residential
- Commercial/Institutional/Industrial
- Infrastructural
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States cement market. Some of the major players explored in the report by Expert Market Research are as follows:
- Holcim Limited
- Heidelberg Materials AG
- CRH plc
- CEMEX S.A.B. de C.V.
- Buzzi Unicem SpA
- Martin Marietta Materials Inc.
- Eagle Materials Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United States Cement Market Overview
8.1 Key Industry Highlights
8.2 United States Cement Historical Market (2018-2023)
8.3 United States Cement Market Forecast (2024-2032)
9 United States Cement Market by Type
9.1 Blended
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Portland
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Others
10 United States Cement Market by End Use
10.1 Residential
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial/Institutional/Industrial
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Infrastructural
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Cement Market by Region
11.1 New England
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Mideast
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Great Lakes
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Plains
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Southeast
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Southwest
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Rocky Mountain
11.7.1 Historical Trend (2018-2023)
11.7.2 Forecast Trend (2024-2032)
11.8 Far West
11.8.1 Historical Trend (2018-2023)
11.8.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyer's Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Trade Data Analysis (HS Code - 2523)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Holcim Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Heidelberg Materials AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 CRH plc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 CEMEX S.A.B. de C.V.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Buzzi Unicem SpA
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Martin Marietta Materials Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Eagle Materials Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Cement Market: Key Industry Highlights, 2018 and 2032
2. United States Cement Historical Market: Breakup by Type (USD Million), 2018-2023
3. United States Cement Market Forecast: Breakup by Type (USD Million), 2024-2032
4. United States Cement Historical Market: Breakup by End Use (USD Million), 2018-2023
5. United States Cement Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. United States Cement Historical Market: Breakup by Region (USD Million), 2018-2023
7. United States Cement Market Forecast: Breakup by Region (USD Million), 2024-2032
8. Major Importing Countries by Value
9. Major Exporting Countries by Value
10. Major Importing Countries by Volume
11. Major Exporting Countries by Volume
12. United States Cement Market Structure
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