Cement Market: Comprehensive study explores Huge Growth by 2026| JK Lakshmi Cement, Orient Cement, The Ramco Cements

A latest survey on Cement Industry in India 2020 Market is conducted to provide hidden gems performance analysis. The study is a perfect mix of qualitative and quantitative information covering market size breakdown of revenue and volume (if applicable) by important segments. The report bridges the historical data from 2014 to 2019 and forecasted till 2025*. The outbreak of covid-19 in global market haves made companies uncertain about their future secario as the prolonged lock-down finds serious economic slump. Some are the key & emerging players that are part of coverage and have being profiled are ACC Limited, Ambuja Cements Limited, J.K. Cement Limited, Jaiprakash Associate Limited – Jaypee Group, JK Lakshmi Cement Limited, Orient Cement, The Ramco Cements Limited, Shree Cement Limited, The India Cements Limited, UltraTech Cement Limited

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Competition Analysis:
With the drastic change in consumers behavior, firms and brands are curious to understand the implications for their products and services. Some of key competitors or manufacturers included in the study are ACC Limited, Ambuja Cements Limited, J.K. Cement Limited, Jaiprakash Associate Limited – Jaypee Group, JK Lakshmi Cement Limited, Orient Cement, The Ramco Cements Limited, Shree Cement Limited, The India Cements Limited, UltraTech Cement Limited.

Market insights:
Domestic cement production was recorded at 334.48 Mn  tons in FY 2020 as compared to
337.32 Mn tons in FY 2019, a fall of 0.84% year-on-year, mainly due to the economic slowdown in FY 2020. Cement production is expected to reach 304.97 Mn tons by the end of FY 2025, expanding at a compound annual growth rate (CAGR) of 4.69% during the FY 2021-FY 2025 period. The southern part of India holds the highest market share (~35%) of the Indian cement industry, in terms of installed production capacity.
The capacity utilization rate has declined from 70% in FY 2019 to 61% in FY 2020 on account of excessive rain in many parts of the country and temporary closure of cement plants during the government-enforced lockdown.
Prolonged rain in many parts of the country and the temporary closure of cement plants during the government enforced lockdown have led to the capacity utilization rate to fall from 70% in FY 2019 to 61% in FY 2020.

Key growth drivers of the market:
·To develop the country’s infrastructure, the Indian government has undertaken several projects related to the construction of roads and highways, both in the rural and urban areas, along with the development of industrial hubs in different parts of the country. These schemes and initiatives are together expected to drive the growth of the Indian cement industry, since it is one of the primary materials for the successful execution of such projects.

·Essential minerals used for manufacturing cement, which include limestone (calcium), bauxite (aluminium), iron ore, and coal, are available in abundance in different parts of India. This has resulted in zero or low cost of import of raw materials for cement manufacturers, thus making cement businesses profitable in India. As a result, cement manufacturing has increased steadily, driving the supply side of the Indian cement industry over the years.

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Important Features that are under offering & key highlights of the Cement Industry in 2020 market report:
1. Why lots of Key players are not profiled in Study?
–> The study is conducted by collecting data of various companies from the industry, and the base for coverage is NAICS standards. However, the study is not limited to profile only few companies. Currently the research report is listed with players like ACC Limited, Ambuja Cements Limited, J.K. Cement Limited, Jaiprakash Associate Limited – Jaypee Group, JK Lakshmi Cement Limited, Orient Cement, The Ramco Cements Limited, Shree Cement Limited, The India Cements Limited, UltraTech Cement Limited

2. Do Scope of Market Study allows further Segmentation?
—> Yes, for a deep dive we do provide add-on segmentation in premium version of report to better derive market values. The standard version of this report covers segmentation by Application, by Type and by Regions [North America (Covered in Chapter 7 and 14), United States, Canada, Mexico, Europe (Covered in Chapter 8 and 14), Germany, UK, France, Italy, Spain, Russia, Others, Asia-Pacific (Covered in Chapter 9 and 14), China, Japan, South Korea, Australia, India, Southeast Asia, Others, Middle East and Africa (Covered in Chapter 10 and 14), Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Others, South America (Covered in Chapter 11 and 14), Brazil, Argentina, Columbia, Chile & Others]

3. What value addition does Country landscape will provide?
—> In the premium version of report, two-level of regional segmentation allows user to have access to country level break-up of market Size by revenue and volume*
* Wherever applicable

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HTF MI also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia etc.

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Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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