The India Cement Market is segmented by End Use Sector (Commercial, Industrial and Institutional, Infrastructure, Residential) and by Product (Blended Cement, Fiber Cement, Ordinary Portland Cement, White Cement). Key Data Points observed include new construction floor area in residential, commercial, industrial and institutional sectors; existing construction floor area, infrastructure spending, and major infrastructure projects.

The India Cement Market, valued at 3.96 Billion tons in 2024, is expected to reach 5.1 Billion tons by 2030, growing at a CAGR of 5.1% during 2025-30.

At the end of fiscal year 2024, the export volume of cement to India amounted to just 0.82 million metric tons. This represents a significant drop from the peak of 6.85 million metric tons exported in fiscal year 2017, highlighting a shift in India's position in the global cement market.

The size of the India Cement Market market was valued at USD 395 Million in 2023 and is projected to reach USD 600 Million by 2032, with an expected CAGR of 5.00% during the forecast period. The India Cement Market is a vital component of the country's infrastructure development, driven by rapid urbanization and industrialization. The market's size is substantial, with increasing demand for residential, commercial, and infrastructural projects. Key features include a wide variety of cement types such as Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and others, catering to diverse applications. Advanced manufacturing technologies, such as dry and wet processes, enhance efficiency and sustainability. The market significantly impacts the economy, providing employment and contributing to GDP growth. Its advantages include supporting large-scale construction projects, ensuring durability, and promoting eco-friendly practices through innovations like blended cement. Recent developments include: August 2023: The Adani Group's subsidiary, Ambuja Cements Ltd, announced the purchase of a 57% promoter stake in Indian cement manufacturer Sanghi Industries Ltd at an enterprise value of USD 606.5 million to expand its manufacturing capacity and market presence.August 2023: Dalmia Bharat commenced commercial production at its new Greenfield Cement Grinding unit in Sattur, Tamil Nadu, adding 2 million tons of cement capacity to the company’s overall installed capacity.June 2023: Shree Cement Limited's wholly owned subsidiary, Shree Cement East Pvt. Ltd completed a greenfield cement plant in the Purulia district of the Indian state of Bengal, increasing the group's cement production capacity to around 50 MTPA.. Key drivers for this market are: , Growing Demand from Paper and Packaging Industry; Shifting Consumer Preferences to Hot-melt Adhesives; Stringent Regulatory Policies. Potential restraints include: , Unfavorable Conditions Arising Due to COVID-19 Outbreak. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

In 2023, India was the second largest producer of cement in the world. Consumption of cement at that time stood at around 375.2 million metric tons. Cement demand in India The market has been dominated by the private sector, having about 98 percent of the total production capacity. Rural and urban housing were the major consumers of cement in 2021, accounting for nearly 60 percent of the domestic demand. Infrastructure in IndiaOne of the key drivers for the Indian economy was infrastructure. In 2023, this sector had an FDI equity inflow of around 1.7 billion U.S. dollars. In financial year 2021, over a trillion Indian rupees of infrastructure investments went into the real estate sector across India.

UltraTech Cement is the market leader in India's cement industry. As of fiscal year 2020, it accounted for a ** percent share of the Indian cement market. UltraTech Cement is based in Mumbai and is a subsidiary of the Indian multinational conglomerate, Aditya Birla Group. Ambuja Cement had the second-highest market share that year, accounting for a ** percent share of India's cement market.

The India cement market reached around 338.04 MMT in 2024. The market is projected to grow at a CAGR of 5.40% between 2025 and 2034 to reach nearly 571.97 MMT by 2034.

India Cement Market size is estimated to reach USD 882.7 Million Tons by 2035, at a CAGR of 7.9%.during the projected period.

In 2024, after three years of growth, there was significant decline in the Indian cement market, when its value decreased by -9.8% to $21.7B. In general, the total consumption indicated measured growth from 2012 to 2024: its value increased at an average annual rate of +2.2% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +55.7% against 2020 indices.

India Cement: Consumption: Northern Region: Punjab data was reported at 4,746.000 Ton th in 2012. This records an increase from the previous number of 4,122.000 Ton th for 2011. India Cement: Consumption: Northern Region: Punjab data is updated yearly, averaging 4,746.000 Ton th from Mar 1996 (Median) to 2012, with 17 observations. The data reached an all-time high of 6,597.000 Ton th in 2008 and a record low of 3,278.000 Ton th in 1996. India Cement: Consumption: Northern Region: Punjab data remains active status in CEIC and is reported by Cement Manufacturers' Association. The data is categorized under India Premium Database’s Cement Sector – Table IN.RCE002: Cement: Consumption: by Region: Annual (Discontinued).

The India cement market exhibits robust growth, projected to reach a substantial market size, with a Compound Annual Growth Rate (CAGR) of 5.00% from 2025 to 2033. While the exact 2025 market size ("XX Million") is unspecified, considering a typical market size for a developing nation's cement industry and the provided CAGR, a reasonable estimation places it in the range of several billion USD. This growth is fueled by several key drivers: India's sustained infrastructure development, particularly in housing, roads, and industrial projects, is a primary catalyst. Government initiatives promoting affordable housing and smart cities further accelerate demand. Additionally, rising urbanization and increasing disposable incomes contribute significantly to the market's expansion. However, challenges persist. Fluctuations in raw material prices (like coal and clinker), environmental regulations regarding cement production, and potential disruptions in the supply chain due to geopolitical factors pose restraints to the market's growth. Segmentation within the market includes various cement types (Portland cement, blended cement, etc.) and application areas (construction, infrastructure, etc.), further influencing market dynamics. Key players like UltraTech Cement, Ramco Cements, India Cements, Dalmia Bharat, and others are strategically positioned to capitalize on growth opportunities while addressing these challenges, leading to intense competition and further market shaping. The forecast period (2025-2033) anticipates sustained growth, primarily driven by the continued expansion of India's infrastructure sector and the ongoing urbanization trend. Government policies aimed at improving housing and infrastructure will likely provide a favorable environment. However, companies must adopt sustainable production practices and optimize their supply chains to mitigate the impact of raw material price volatility and environmental regulations. The competitive landscape is characterized by both established players and emerging entrants, fostering innovation and driving market consolidation. Analyzing regional variations in demand and market penetration will provide further insights for strategic planning and investment decisions. Key drivers for this market are: , Growing Demand from Paper and Packaging Industry; Shifting Consumer Preferences to Hot-melt Adhesives; Stringent Regulatory Policies. Potential restraints include: , Unfavorable Conditions Arising Due to COVID-19 Outbreak. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The dataset is related to Cement Sales and Demand in India, it also contains some external factors that which affecting the sales and demand of cement. It has features like Production, Sales, Demand, Population, GDP, Loan Disbursement, and Interest Rates. This is a simulated dataset, Data was collected in a yearly format and then simulated on the basis of research papers We can build different models on this data set like Forecasting, Regression.

About this file This data set has information about cement data, it has features as follows 1) Month = This data is sequentially collected from January 2010 to November 2022 2) Production = cement production by XYZ company per month in tons 3) Sales = Cement Sales by XYZ company per month in tons, sales are done by XYZ company 4) Demand = Demand of cement per month in tons, these are orders that XYZ company has for that month 5) Population = India's population per month in billion 6) GDP = Gross Domestic Product(GDP) of India per month in billion 7) Disbursement = Home Loans amounts given by XYZ company in Cr. 8) Interest Rate = Home loans Interest rate by XYZ bank in % over the period of time

*Note = the data is collected in year format and then it is simulated on monthly basis with the help of research papers

The Indian cement market, a significant contributor to the nation's infrastructure development, is experiencing robust growth. While precise figures for market size and CAGR are absent from the provided data, industry reports suggest a substantial market valued in the tens of billions of dollars in 2025, exhibiting a healthy Compound Annual Growth Rate (CAGR). This growth is fueled by several key drivers: India's burgeoning infrastructure projects, including road construction, affordable housing initiatives (like PMAY), and the expansion of industrial and commercial sectors. Increasing urbanization and rising disposable incomes further contribute to the demand for cement in residential construction. Government policies promoting infrastructure development and affordable housing play a crucial role in shaping market dynamics. The market is segmented by product type (Ordinary Portland Cement, Blended Cement, White Cement, Fiber Cement, and others) and end-use sector (Residential, Commercial, Industrial & Institutional, and Infrastructure). Competition is fierce among major players like UltraTech Cement, Shree Cement, and Ambuja Cement, with companies continually investing in capacity expansion and technological advancements to meet the growing demand. However, the market faces certain restraints. Fluctuations in raw material prices (clinker, gypsum, and fuel) pose a significant challenge, impacting profitability. Environmental regulations regarding carbon emissions are also becoming increasingly stringent, pushing manufacturers towards sustainable and greener cement production methods. Furthermore, regional variations in demand and infrastructure limitations can impact market penetration and distribution efficiency. Despite these challenges, the long-term outlook for the Indian cement market remains positive, driven by sustained infrastructure investment and the country's overall economic growth. Strategic partnerships, technological innovation, and sustainable practices will be crucial for cement companies to navigate the market effectively and capitalize on the opportunities presented by this rapidly expanding sector. Recent developments include: August 2023: The Adani Group's subsidiary, Ambuja Cements Ltd, announced the purchase of a 57% promoter stake in Indian cement manufacturer Sanghi Industries Ltd at an enterprise value of USD 606.5 million to expand its manufacturing capacity and market presence.August 2023: Dalmia Bharat commenced commercial production at its new Greenfield Cement Grinding unit in Sattur, Tamil Nadu, adding 2 million tons of cement capacity to the company’s overall installed capacity.June 2023: Shree Cement Limited's wholly owned subsidiary, Shree Cement East Pvt. Ltd completed a greenfield cement plant in the Purulia district of the Indian state of Bengal, increasing the group's cement production capacity to around 50 MTPA.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The India Cement market is expected to grow with more than 8.50% CAGR from 2024 to 2029.

Discover key trends shaping India Cement Market, size at USD XX in 2023, featuring industry growth and future forecast.

India Cement Market size was valued at USD 4.14 Billion in 2024 and is projected to reach USD 5.94 Billion by 2032, growing at a CAGR of 4.6% from 2026 to 2032.

India Cement Market Drivers

Government Initiatives: The Indian government's strong emphasis on infrastructure development through projects like the National Infrastructure Pipeline (NIP), Gati Shakti Master Plan, Bharatmala Pariyojana (highways), Sagarmala Programme (ports), and the development of smart cities, metro rail networks, high-speed rail corridors, and dedicated freight corridors are significant drivers for cement demand.

Increased Budget Allocations: The consistent increase in budgetary allocations for infrastructure projects, such as the Ministry of Road Transport and Highways' enhanced budget, directly translates to higher cement consumption.

Government Schemes: Schemes like the Pradhan Mantri Awas Yojana (PMAY) in both rural and urban areas are boosting the demand for cement in the housing sector, which constitutes the largest share of cement consumption in India.

Urbanization and Nuclear Families: The ongoing shift of population from rural to urban areas, coupled with the rise in nuclear families, fuels the need for new housing units, thereby driving cement demand.

Preliminary figures for fiscal year 2024 indicate a growth rate of *** percent for India's cement production, an increase when compared with the production rate the previous year. The cement industry was one of the eight core industries of the country that year.

The global cement market, a cornerstone of the construction industry, is experiencing robust growth, driven by increasing infrastructure development globally and a surge in residential and commercial construction activities. While precise figures for market size and CAGR are not provided, a reasonable estimation based on industry reports suggests a market valued at approximately $500 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of around 4-5% between 2025 and 2033. This growth is fueled by several key factors including urbanization, rising disposable incomes in developing economies leading to increased housing demand, and government initiatives focused on infrastructure projects such as roads, bridges, and public buildings. The strong demand for cement in Asia Pacific, particularly in China and India, significantly contributes to the overall market expansion. However, the market faces challenges such as fluctuating raw material prices, stringent environmental regulations aimed at reducing carbon emissions from cement production, and potential economic downturns that can impact construction activity. The cement industry is also undergoing a significant technological shift towards sustainable practices, including the adoption of alternative fuels and raw materials, and the development of lower-carbon cement types. This focus on sustainability is likely to reshape the competitive landscape, favoring companies that can successfully integrate environmentally friendly technologies. Different cement types, like Portland cement, white cement, and others cater to varied construction needs, and these segments will each experience differing growth rates influenced by both building trends and specific material properties. The competitive landscape is dominated by major players such as CNBM, Anhui Conch Cement, and others listed, mostly concentrated in Asia. These companies are engaged in strategic expansions, mergers and acquisitions, and technological advancements to maintain their market share and capitalize on emerging opportunities. Regional variations in market growth are expected; while developed markets like North America and Europe might see relatively moderate growth, developing economies in Asia, Africa, and South America are poised for significantly faster expansion, driven by infrastructure development and urbanization. The forecast period of 2025-2033 presents a promising outlook for the cement industry, though success will hinge on the ability of companies to navigate the challenges of cost management, environmental regulations, and technological innovation. Understanding the regional nuances and specific market segments will be critical for future success in this dynamic industry.

The Indian cement pipe market reached $17.4B in 2024, standing approx. at the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2024: its value increased at an average annual rate of +3.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +35.5% against 2021 indices.

India Cement: Consumption: Western Region: Gujarat data was reported at 15,022.000 Ton th in 2012. This records an increase from the previous number of 13,080.000 Ton th for 2011. India Cement: Consumption: Western Region: Gujarat data is updated yearly, averaging 8,287.000 Ton th from Mar 1996 (Median) to 2012, with 17 observations. The data reached an all-time high of 15,022.000 Ton th in 2012 and a record low of 5,518.000 Ton th in 1996. India Cement: Consumption: Western Region: Gujarat data remains active status in CEIC and is reported by Cement Manufacturers' Association. The data is categorized under India Premium Database’s Cement Sector – Table IN.RCE002: Cement: Consumption: by Region: Annual (Discontinued).