United States Cement Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Key Trends in the Market

Cement is a binding substance that is commonly used in construction applications where it sets, adheres, and hardens with other materials, binding them together. Combined with aggregate, cement can be used to produce mortar that is used then for masonry. Cement can also be mixed with gravel and sand to create concrete for use in building foundations and other applications.

• An increasing population and rising disposable incomes are resulting in an augmented demand for various construction projects, thereby driving the United States cement market growth. Cement is widely being used in new developments and remodelling efforts for durable and long-lasting construction.

• Expansion of key market players and increase in production capacities are among the key trends in the cement industry in United States. To meet the growing demands for cement, various manufacturers are developing new plants in different regions to improve supply chains for cement.

• A growing focus on sustainability and new product development are assessed to provide impetus to the growth of the US cement market. Usage of alternative fuels, reducing carbon emissions, and improving energy efficiency in production of improved cement blends are contributing to market growth.

United States Cement Industry Analysis

Based on type, the market is divided into blended, and Portland, among others. On the basis of end use, the United States cement market segmentation is residential, commercial/institutional/industrial, and infrastructural. The regional markets for cement in the United States are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States cement market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Holcim Limited

• Heidelberg Materials AG

• CRH plc

• CEMEX S.A.B. de C.V.

• Buzzi Unicem SpA

• Martin Marietta Materials Inc.

• Eagle Materials Inc.

• Others

United States Cement Market Share by Type

Portland cement, by type, accounts for a sizable market share, with higher production volumes of this type of cement as compared to blended and others. The increasing demand for Portland cement in the United States can be attributed to the durable nature of the cement and its versatility which supports a vast range of applications. Moreover, Portland cement offers greater resistance to weather exposure and environmental factors, leading to its increased usage in critical constructions. In the coming years, blended cement is anticipated to witness a rise in demand in the US cement market, supported by a rising interest in environmentally friendly construction materials. Blended cement can be produced from recycled materials and the manufacturing process is also more environmentally friendly as compared to other cements.

Market Share by End Use

Infrastructural end uses occupy a significant share of the US cement market, aided by the vast infrastructural network of roads and bridges throughout the United States. Substantial investments by the government towards development and maintenance of various large-scale infrastructural projects has bolstered the volume of cement utilised by infrastructural end uses. The ability of cement to provide robust foundations suited for heavy traffic and usage increases its demand for infrastructural development. Meanwhile, residential end uses are projected to contribute to a growing United States cement market demand due to the increasing demand for housing across various regions of the country.

Competitive Landscape

Holcim Limited, founded in 1912 and based in Zug, Switzerland, is a global manufacturer of building materials with a focus on sustainable construction and green building. The product portfolio of the company includes cement, concrete, clinker, aggregates, roofing materials, and lime.

Heidelberg Materials AG is a leading building materials company which was established in 1874 and is currently headquartered in Heidelberg, Germany. The company specialises in cement, ready-mixed concrete, aggregates, asphalt, group services, and research and technology, with its products used in construction globally.

CRH plc a prominent provider of building materials solutions, was founded in 1936 and is currently based in Dublin, Ireland. A partner for the construction of critical infrastructure development, outdoor living, and commercial building products, CRH provides materials, products and services.

Other market players include CEMEX S.A.B. de C.V., Buzzi Unicem SpA, Martin Marietta Materials Inc., and Eagle Materials Inc., among others.

Key Highlights of the Report