Global cement market to hit $592.38 billion by 2032, growing at 4.3% CAGR
Mon, Nov 25, 2024 1:50 PM

Global cement market to hit $592.38 billion by 2032, growing at 4.3% CAGR

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The global cement market, valued at USD 405.99 billion in 2023, is projected to reach USD 423.24 billion in 2024 and USD 592.38 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.3 per cent, according to the Infomerics Ratings report. According to the World Cement Industry Outlook, global cement consumption is anticipated to rebound modestly.

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