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News Global cement market forecast to grow by 5.3% annually up to 2030

Global cement market forecast to grow by 5.3% annually up to 2030

Written by Global Cement staff 22 June 2023
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World: Market Research Future has forecast a composite annual growth rate (CAGR) of 5.3% between 2022 and 2030. This would result in a market value of US$505bn in 2030, compared with US$335bn in 2022. The report added that the rate of new construction projects is increasing across all regions.

Last modified on 28 June 2023
Published in Global Cement News
Tagged under
  • World
  • data
  • market
  • Research
  • Outlook
  • Forecast
  • construction
  • GCW614

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