3 Chief Players in Global Cement Industry, Innovative Services and Value Additions by Players Fuel Growth of Market

Published Date : Jun 22, 2016

Cement is amongst the most widely produced materials globally owing to its increasing utilization in construction and the rising presence across all geographies. The most common utilization of cement is within the construction material and it is composed of a mix raw materials having calcium carbonate as the key raw material. 

The global cement market has a number of regional as well as global players. Of these, global players are increasing their presence within this industry, while the regional players are struggling to compete with the global players, especially in terms of cost and innovation. In the coming years, it is predicted that the small and regional players will also increase their market share from 2016 to 2020, particularly within the developing economies of the Middle East and Africa and Asia Pacific regions.

The key players operating in the market have been highlighted as under coupled with presenting their key contributions in the market. 

CEMEX: This company was established in 1906 and has its headquarters in San Pedro Garza Garcia, Mexico. CEMEX is involved in the distribution, manufacturing, and trading of building materials such as aggregates, cement, pipes, ready-mix concrete, and asphalt. The company made 94 mn metric tons of cement in FY2014 of which 56 mn cubic meters was ready-mix concentrate and 168 mn metric tons was aggregates. 

Heidelberg Cement: This company was established in 1873 and has its headquarters in Germany. It markets and produces aggregates and cements in approximately forty countries worldwide. The company has eight seven cement plants and more than six hundred aggregate pits and quarries. In addition, it has over one thousand ready-mixed concrete making sites globally. This company had sold 81.8 mn tons of its cement in 2014, 36.6 mn cubic meters ready-mixed concrete, and 243.6 mn tons aggregates in 2014.

LafargeHolcim: This company was formed as a result of a merger of Holcim and Lafarge in 2015. It has its headquarters in Switzerland. The company presents building materials including concrete solutions, aggregates, and cement and operates in ninety nations across the world. This company also presents solutions for the most largest and complex projects having a broad range of value additions, innovative services, and extensive building solutions.