Key Takeaways
- In 2022, U.S. portland and masonry cement production totaled 91 million metric tons, a 2% increase from 2021.
- Global cement production reached 4.1 billion metric tons in 2021, led by China at 2.2 billion metric tons.
- India's cement production capacity stood at 502 million tonnes per annum (MTPA) as of 2023.
- The global concrete market size was valued at USD 556.58 billion in 2022.
- U.S. cement consumption grew by 3% to 108 million tons in 2022.
- Global ready-mixed concrete market expected to reach USD 849.2 billion by 2030.
- The U.S. cement industry contributes $12.7 billion to GDP annually.
- Global cement market revenue was $332 billion in 2022.
- U.S. ready-mixed concrete industry generates $50 billion in sales yearly.
- The cement industry accounts for 8% of global CO2 emissions, or 2.3 billion tonnes annually.
- Concrete recycling rate in U.S. reaches 85% of demolished materials.
- Global cement production emits 5-7% of anthropogenic CO2.
- U.S. employs 100,000 workers in cement and concrete industries.
- Global cement workforce totals 5 million direct jobs.
- U.S. ready-mixed concrete supports 650,000 jobs.
Global concrete demand is strong, led by China, but the industry faces major decarbonization challenges.
Economic Value
Economic Value Interpretation
Environmental and Sustainability
Environmental and Sustainability Interpretation
Market and Consumption
Market and Consumption Interpretation
Production and Capacity
Production and Capacity Interpretation
Workforce and Innovation
Workforce and Innovation Interpretation
Sources & References
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- Reference 2GLOBALCEMENTglobalcement.comVisit source
- Reference 3IBEFibef.orgVisit source
- Reference 4CEMBUREAUcembureau.euVisit source
- Reference 5STATISTAstatista.comVisit source
- Reference 6TURKCEMENTturkcement.orgVisit source
- Reference 7WBCSDwbcsd.orgVisit source
- Reference 8CONCRETEconcrete.orgVisit source
- Reference 9GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 10NRMCAnrmca.orgVisit source
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- Reference 12IBISWORLDibisworld.comVisit source
- Reference 13FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 14CEMENTcement.orgVisit source
- Reference 15MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 16CONCRETENEWSconcretenews.netVisit source
- Reference 17SNICsnic.org.brVisit source
- Reference 18PUBLICATIONSpublications.iea.orgVisit source
- Reference 19GLOBALCCSINSTITUTEglobalccsinstitute.comVisit source
- Reference 20EPAepa.govVisit source
- Reference 21IEAiea.orgVisit source
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- Reference 23SCIENCEDIRECTsciencedirect.comVisit source
- Reference 24CARBONLEADERSHIPFORUMcarbonleadershipforum.orgVisit source
- Reference 25PRECASTprecast.orgVisit source
- Reference 26NATUREnature.comVisit source
- Reference 27FHWAfhwa.dot.govVisit source
- Reference 28CONSTRUCTIONDIVEconstructiondive.comVisit source
- Reference 29NEWSCIENTISTnewscientist.comVisit source
- Reference 30AUTODESKautodesk.comVisit source
- Reference 31MCKINSEYmckinsey.comVisit source
- Reference 32SMARTCONCRETEsmartconcrete.comVisit source






