India Cement Market worth US$ 415.2 million in 2024 with a CAGR of 4.01%


Posted November 16, 2021 by amaryadav1999

" India Cement Market, By Cement Type (Portland Cement, Clinkers Cement, White Cement, Aluminous Cement, and Hydraulic Cement

 
The report " India Cement Market, By Cement Type (Portland Cement, Clinkers Cement, White Cement, Aluminous Cement, and Hydraulic Cement), and By End-User (Residential, Commercial, Industrial, and Exports) - Trends, Analysis and Forecast till 2030”. India Cement accounted for US$ 415.2 million in 2024 with a CAGR of 4.01%. India has a lot of potential for development in the infrastructure and construction sector and the cement sector is expected to largely benefit from it. Some of the recent major initiatives such as the development of 98 smart cities are expected to provide a major boost to the sector. India, steady development of metro projects and enhancement of the existing railway network to connect ports across the country are expected to generate staggering demand for the product in the coming years. The government of India has allocated nearly USD 8 billion for the development of railways.
Key Market Insights from the report:
The India Cement market accounted for US$ 415.2 million in 2024 and is projected to register a moderate CAGR of 4.01% over the forecast period. The market report has been segmented based on service type, and sector.
• Based on cement type, the India cement market is segmented into portland cement, clinkers cement, white cement, aluminous cement, and hydraulic cement.
• Based on end-user, the target market is segmented into residential, commercial, industrial, and exports.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “India Cement Market”, By Cement Type (Portland Cement, Clinkers Cement, White Cement, Aluminous Cement, and Hydraulic Cement), and By End-User (Residential, Commercial, Industrial, and Exports) - Trends, Analysis and Forecast till 2030
Key Highlights:
• During 2017-18, Ultratech commissioned a greenfield clinker plant with a capacity of 2.5 MTPA and a cement grinding facility with 1.75 MTPA capacity in Dhar, Madhya Pradesh. The company is expecting to complete a 1.75 MTPA cement grinding facility and a 13 MW waste heat recovery system by September 2018 at the same location.
• JK cement will spend Rs 1,700 crore (US$ 246.7 million) to increase its production capacity to 15 million tonnes by the end of 2020.
To know the upcoming trends and insights prevalent in this market, click the link below:
Link: https://prophecymarketinsights.com/market_insight/India-Cement-Market-By-Cement-3992
The prominent player operating in the Australia Plastic Packaging market includes UltraTech Cement, ACC, Shree Cements, Ambuja Cements, J.K. Cement, India Cement, Orient Cement, Ramco Cement, Jaiprakash Asso, and Star Cement
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Last Updated November 16, 2021