Market Forecast by Countries (United States, Canada), By Product (Portland, Others), By Application (Residential, Non-residential/Infrastructure) And Competitive Landscape
Product Code: ETC059469 | Publication Date: May 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name |
North America Cement Market |
Forecast Period |
2025-2031 |
Forecast Size |
USD 42 billion By 2031 |
CAGR |
4.7% |
Growing Sector |
Non-Residential/Infrastructure |
North America Cement Market report thoroughly covers the market By Countries, By Type, and By Application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Cement Market was valued at USD 35 billion and is expected to reach USD 42 billion , growing at a CAGR of around 4.7% from 2025-2031. This growth is driven by rapid urbanization, increasing infrastructure development projects, and rising construction activities across residential, commercial, and industrial sectors. Government initiatives focused on improving transportation networks, affordable housing, and energy infrastructure are also key factors contributing to the expansion of the cement market in the region through 2031.
North America Cement Market ihas shown remarkable resilience and growth, navigating through infrastructural development, urbanization, and industrial expansion. This market is significantly influenced by the surge in construction projects across the continent, ranging from roads and bridges to housing and commercial structures. Factors such as population growth and governmental emphasis on infrastructure development have further propelled the demand for cement.
According to 6Wresearch, the North America Cement Market size is anticipated to grow, reaching at a CAGR of 4.7% during the forecast period of 2025-2031. The growth is mainly driven by a surge in construction activities across residential, commercial, and infrastructure sectors. Urbanization and economic expansion are major trends propelling this demand, with countries like US and Canada leading the charge. However, the market faces restraints such as fluctuating raw material prices and stringent environmental regulations concerning carbon emissions associated with cement production. Nonetheless, the emergence of eco-friendly cement and the adoption of advanced manufacturing technologies present significant opportunities. These innovations not only aim to reduce the environmental footprint but also cater to the growing demand for sustainable construction materials, setting a promising prospect for the North America Cement Industry.
The cement market in North America is witnessing several novel trends that are shaping the industry and its future growth. One such trend is the increasing demand for sustainable and eco-friendly cement. With growing concerns about climate change, there has been a shift towards using green alternatives to traditional cement, such as fly ash or slag-based cements.
Another emerging trend in the North America cement market is the adoption of advanced technologies in manufacturing processes. This includes the use of automation, robotics, and artificial intelligence to improve efficiency and reduce production costs. These advancements also help in reducing carbon emissions and improving overall sustainability.
Moreover, the rise of smart cities and green buildings has created a demand for high-performance cements that offer improved durability and energy efficiency. This has led to the development of new and innovative cement formulations, such as self-healing concrete and photocatalytic cement. These trends are expected to continue driving the growth of the North America Cement Industry in the coming years.
The North America cement market offers several investment opportunities for companies looking to expand their operations in the region. With the growing demand for sustainable and eco-friendly cement, there is a significant potential for investments in research and development of new cement formulations and technologies.
Moreover, as the construction industry continues to grow in the region, there is a need for increased production capacity. This presents an opportunity for companies to invest in setting up new cement plants or expanding existing facilities.
Additionally, with advancements in manufacturing processes and technology, there is room for investment in automation and digitization of production lines. This not only improves efficiency but also reduces costs and carbon emissions.
Furthermore, collaborations between government agencies and private players present opportunities for investment in infrastructure development projects, thereby driving demand for cement in the region.
The North America cement market is highly competitive, with the presence of both major international players and regional players. Some of the leading companies operating in the market include LafargeHolcim Ltd., Cemex S.A.B. de C.V., HeidelbergCement AG, Martin Marietta Materials Inc., and CRH plc.
These companies are focused on expanding their production capacities, improving sustainability, and investing in research and development to introduce new products and technologies. They are also strategically acquiring smaller local players to expand their market reach and gain a competitive edge.
To ensure the effective performance and growth of the North America Cement Market, governments in the region have implemented various regulations and policies. These include regulations for environmental sustainability, energy efficiency, and safety standards.
For instance, in 2016, the US Environmental Protection Agency (EPA) introduced new regulations to reduce carbon emissions from cement production plants. This has pushed companies to invest in eco-friendly technologies and formulations.
Similarly, Canada has introduced sustainable development goals under its National Energy Board Act to encourage sustainable practices in various industries, including construction. These regulations not only drive market growth but also promote responsible and sustainable operations within the industry.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, the US is expected to hold a significant share in the North America cement market due to its large infrastructure and construction projects, along with favorable government initiatives.”
The Portland segment is expected to dominate the market due to its widespread use in various construction applications such as residential, commercial, and infrastructure projects. However, with the rising demand for sustainable options, there has been an increasing adoption of other products such as blended cements and specialty cements.
The non-residential/infrastructure segment is expected to dominate the market due to the increasing investments in infrastructure development projects in North America. This includes construction of roads, bridges, airports, and other public facilities, which require a significant amount of cement.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Cement Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Cement Market Revenues & Volume, 2021 & 2031F |
3.3 North America Cement Market - Industry Life Cycle |
3.4 North America Cement Market - Porter's Five Forces |
3.5 North America Cement Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Cement Market Revenues & Volume Share, By Product , 2021 & 2031F |
3.7 North America Cement Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 North America Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Cement Market Trends |
6 North America Cement Market, 2021 - 2031 |
6.1 North America Cement Market, Revenues & Volume, By Product , 2021 - 2031 |
6.2 North America Cement Market, Revenues & Volume, By Application , 2021 - 2031 |
7 United States Cement Market, 2021 - 2031 |
7.1 United States Cement Market, Revenues & Volume, By Product , 2021 - 2031 |
7.2 United States Cement Market, Revenues & Volume, By Application , 2021 - 2031 |
8 Canada Cement Market, 2021 - 2031 |
8.1 Canada Cement Market, Revenues & Volume, By Product , 2021 - 2031 |
8.2 Canada Cement Market, Revenues & Volume, By Application , 2021 - 2031 |
9 North America Cement Market Key Performance Indicators |
10 North America Cement Market - Opportunity Assessment |
10.1 North America Cement Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Cement Market Opportunity Assessment, By Product , 2021 & 2031F |
10.3 North America Cement Market Opportunity Assessment, By Application , 2021 & 2031F |
11 North America Cement Market - Competitive Landscape |
11.1 North America Cement Market Revenue Share, By Companies, 2021 |
11.2 North America Cement Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |