India Cement Market worth US$ 415.2 million in 2024 with a CAGR of 4.01%

Published Date: May 2023

The report " India Cement  Market, By Cement Type (Portland Cement, Clinkers Cement, White Cement, Aluminous Cement, and Hydraulic Cement), and By End-User (Residential, Commercial, Industrial, and Exports) - Trends, Analysis and Forecast till 2030”. India Cement accounted for US$ 415.2 million in 2024 with a CAGR of 4.01%. India has a lot of potential for development in the infrastructure and construction sector and the cement sector is expected to largely benefit from it. Some of the recent major initiatives such as the development of 98 smart cities are expected to provide a major boost to the sector. India, steady development of metro projects and enhancement of the existing railway network to connect ports across the country are expected to generate staggering demand for the product in the coming years. The government of India has allocated nearly USD 8 billion for the development of railways.

Key Highlights:

  • During 2017-18, Ultratech commissioned a greenfield clinker plant with a capacity of 2.5 MTPA and a cement grinding facility with 1.75 MTPA capacity in Dhar, Madhya Pradesh. The company is expecting to complete a 1.75 MTPA cement grinding facility and a 13 MW waste heat recovery system by September 2018 at the same location.
  • JK cement will spend Rs 1,700 crore (US$ 246.7 million) to increase its production capacity to 15 million tonnes by the end of 2020.

Key Market Insights from the report:        

The India Cement market accounted for US$ 415.2 million in 2024 and is projected to register a moderate CAGR of 4.01% over the forecast period. The market report has been segmented based on service type, and sector.

  • Based on cement type, the India cement market is segmented into portland cement, clinkers cement, white cement, aluminous cement, and hydraulic cement.
  • Based on end-user, the target market is segmented into residential, commercial, industrial, and exports.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “India Cement  Market”, By Cement Type (Portland Cement, Clinkers Cement, White Cement, Aluminous Cement, and Hydraulic Cement), and By End-User (Residential, Commercial, Industrial, and Exports) - Trends, Analysis and Forecast till 2030

The prominent player operating in the Australia Plastic Packaging market includes UltraTech Cement, ACC, Shree Cements, Ambuja Cements, J.K. Cement, India Cement, Orient Cement, Ramco Cement, Jaiprakash Asso, and Star Cement

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions Development Company that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Contact Us:

Sales

Prophecy Market Insights

Email- [email protected]

Buy Now
Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Custmoized Your Report
Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

Request for Discount
Reliability and Reputation

Quick contact

IND: +91 777 504 9802
US: +1 860 531 2574

Trusted By

Created billion dollars of revenue impact with more than 200+ clients

View All Our Clients