According to IMARC Group’s latest report, titled India Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, the India cement market is expected to exhibit a CAGR of 4.8% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Cement refers to a binding material manufactured by calcining lime and clay and mixing it with water, sand, and gravel to make concrete. It contains a considerable amount of iron oxide, magnesium oxide, gypsum, and silica, which possess excellent plasticity and offer resistance to moisture. As a result, it is used in the construction of roads, buildings, bridges, dams, flyovers, and residential and commercial complexes across India.
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The increasing population and inflating income levels represent one of the leading factors escalating the demand for cement in India. In addition, rising investments by the Government of India in mega infrastructural projects and restoration and remodeling of historical places to enhance the architectural aesthetics are offering lucrative growth opportunities to key players operating in the country. Besides this, the increasing focus on introducing green and environment-friendly product variants to minimize (CO2) emissions is anticipated to drive the market in the coming years.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market on the basis of type, end use and region.
Breakup by Type:
Breakup by End Use:
Breakup by Region:
West and Central India
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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