Asia-Pacific was the Largest Regional Concrete and Cement Market

Date: 2015-09-20

Asia-Pacific was the largest regional concrete and cement market, accounting for 61.1% of the global share. Europe and North America were the second- and third-largest regional markets, with respective shares of 18.9% and 11.1%. Growing economies in the Asia-Pacific – particularly China, India, Japan and Indonesia – are expected to support the expansion of the concrete and cement markets, and increase their market shares as the rapid development of the infrastructure, industrial, residential and commercial sectors increases demand for building materials. The shares of the European and North American markets are expected to be 17.6% and 10.0% respectively in 2018, down from 18.9% and 11.1% in 2013, while the Asia-Pacific is forecast to increase its share to 64.1% over the same period.

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