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Masonry Cement Market Share

Report ID: GMI12503
Published Date: Dec 2024
Report Format: PDF

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Masonry Cement Market Share

In 2023, key companies like Holcim, Cemex, Heidelberg, CRH, Buzzi Unicem, Taiheiyo, UltraTech Cement and Anhui Conch held a combined market share of 15%-20%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.

Masonry Cement Market Companies

Major players operating in the masonry cement industry are:

Ambuja Cements
Anhui Conch
Birla
Buzzi Unicem
Cemex
China National Cement Corporation
CRH
Dangote Cement
Heidelberg
Holcim
J.K. Cement
Siam Cement
Sinoma
Taiheiyo
UltraTech Cement

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global masonry cement industry was valued at USD 5.8 billion in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032, driven by rapid urbanization and increased construction activities worldwide.

The type N segment accounted for revenue of around USD 2.3 billion in 2023 and is estimated to grow at a CAGR of around 5.7% fr om 2024 to 2032, owing to its versatility in residential construction.

The U.S. holds an overall market share of around 82% in the North America masonry cement market, driven by increasing urbanization and the expansion of urban and suburban areas.

Major players in the industry include Ambuja Cements, Anhui Conch, Birla, Buzzi Unicem, Cemex, China National Cement Corporation, CRH, Dangote Cement, Heidelberg, Holcim, J.K. Cement, and Siam Cement.