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The global cement market is on a smooth upward path. In 2024, its value stood at approximately USD 410.1 billion, and it’s set to grow at a steady compound annual growth rate (CAGR) of 4.7% reaching a projected USD 649.2 billion by 2034.
Cement Market Growth Trends | Key Figures & Strategic Insights
The global cement market is on a smooth upward path. In 2024, its value stood at approximately USD 410.1 billion, and it’s set to grow at a steady compound annual growth rate (CAGR) of 4.7% reaching a projected USD 649.2 billion by 2034.

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