Introduction
Cement is a very useful binding material in construction. The applications of cement over various fields of construction have made it a very important civil engineering material.
It is used in the construction of important engineering structures such as bridges, culverts, dams, tunnels, lighthouses etc.
Cement is mainly used as a binder in concrete, which is a basic material for all types of construction, including housing, roads, schools, hospitals, dams and ports, as well as for decorative applications (for patios, floors, staircases, driveways, pool decks) and items like tables, sculptures or bookcases.
The top 10 cement companies
In the world continue to lead the way as global cement production is growing at exponential rates. Some companies such as China National Building Materials (CNBM) have increased their cement production capacity 11 times over previous figures due to an expected increase in future market demand. Currently, global cement consumption volume is expected to reach 4.42 billion tonnes in 2021, growing at a CAGR of 2.96% by 2021. The largest factors driving growth in the global cement industry are due to increased market demand for construction activities and rising urbanization.
This article is to help readers understand who are the world’s largest cement companies?
This article breaks down the top 10 cement companies in the world in 2020 by annual cement production, potential cement production capacity, and revenue figures of the biggest cement companies. We will also breakdown the top countries by cement production. Expect to have the following questions answered:
- Who is the world’s largest cement manufacturer?
- A complete breakdown of the top 10 cement companies in the world
- Global cement industry outlook in 2020
- Which companies are increasing cement production?
- Global cement industry trends and stats you should know.