Concrete

Global cement market trends

Published

3 years ago

January 15, 2022

admin

The global cement market is expected to record a value of US$401.10 billion in 2025, progressing at a CAGR of 5.10 per cent for the period spanning 2021-2025, as per the ‘Global Cement Market (Production, Consumption, Imports & Exports): Insights & Forecast to 2022’ report by ResearchAndMarkets.com.
Factors such as surging demand from construction activities, increasing adoption of green cement, expanding urbanisation and rising disposable income are likely to drive the growth of the market. However, the growth of the market would be challenged by rising government regulations on carbon emissions from manufacturing plants, depleting fossil fuel reserves and higher power consumption.
A few notable trends include growing civil engineering sector, technological advancements in the production process of cement and surging demand for green cement and increasing infrastructure projects in developing regions.
The largest regional market is China, owing to the growing construction sector at a fast pace. Further China is likely to witness some fall in consumption volume due to economic conditions and high prices of cement. Moreover, Emerging Asia (including India and Indonesia) and Middle East & Africa (including Egypt and Algeria) are also likely to grow considerably in coming years.

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UltraTech Cement boosts capacity with new clinker line

Published

7 days ago

April 21, 2025

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UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Concrete

Ambuja Cements gets a new CEO

Published

7 days ago

April 21, 2025

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Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

Image source:www.exchange4media.com

Concrete

‘Sabse Khaas Pehelwan’ by Nuvoco

Published

7 days ago

April 21, 2025

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Nuvoco Vistas Corp has introduced Nuvoco Duraguard Cement ‘Sabse Khaas Pehelwan’, a one-of-a-kind wrestling championship aimed at honouring and nurturing Haryana’s proud wrestling legacy. The initiative offers budding wrestlers an opportunity to compete at a professional level, gain visibility and represent their districts in a prestigious state-wide competition. ‘Seedhi Baat Hai, Duraguard Khaas Hai’ is aligned with Nuvoco’s brand philosophy.