India Cement Market Share, Size & Competitive Analysis 2030

Future India Cement Market: Key Dynamics, Size & Share Analysis

The India Cement Market size was valued at around 3.96 billion tons in 2024 and is projected to reach 5.1 billion tons by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.1% during the forecast period, i.e., 2025-30. This growth is attributed to the expansion in the cement’s end-user Industries in India including residential, Infrastructure, commercials, and industrial.

Top Trend Impacting the India Cement Market Growth

Increasing Popularity of Green Cement – The cement industry of India is rapidly trying to curb its CO2 emissions. The situation has led to cement companies in India reducing their clinker mix during cement production leading to the development of green cements. UltraTech Cement, the leading player stated that it has managed to bring down the clinker to 45% to produce composite cement. Furthermore, the Bureau of Indian Standards (BIS), in August 2023, released guidelines and specifications for the production of LC3 (Limestone Calcined Clay Cement). LC3 generates significantly less emissions relative to ordinary Portland cement by 40%. Moreover, it will also lead to up to 25% of cost reduction.

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Understanding the Core Segments in the India Cement Market

India Cement Market Size, Share & Industry Trends Analysis- By Type, (Blended, [Portland Slag Cement (PSC), Portland Pozzolana Cement (PPC), Portland Composite Cement (PCC)], Ordinary Portland Cement (OPC), Others), By End Users, (Residential, Infrastructur, Commercial, Industrial), and Others

Geographical Analysis of the India Cement Market

North & Central
South
East
West

The southern region of India includes states like Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, and Kerala, which hold the largest market share of about 27% in the India Cement Market.

Who Dominates the India Cement Market Insights on Key Industry Players?

Companies are strengthening their presence in the India Cement market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

UltraTech Cement
Ambuja Cement
Shree Cement
ACC Limited
Dalmia Bharat Group
JK Cement
Nuvoco Vistas Corporation Ltd.
Ramco Cement
Birla Corporation Ltd.
Prism Johnson Ltd.
JK Lakshmi Cement Ltd.
India Cements
Others

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