China National Building Material Co Ltd, Holcim Ltd, CRH Plc, Anhui Conch Cement Co Ltd, and HeidelbergCement AG are the top 5 cement companies in the world in 2021 by revenue. Cumulatively, the top 10 cement companies in the world generated revenue of $223,053 million, with average revenue growth of 9.7%, where the highest revenue was generated by China National Building Material Co Ltd ($42,432 million), followed by Holcim Ltd ($29,359 million), while the lowest increases were registered by Grasim Industries Ltd ($10,347 million). The highest revenue growth was registered by The Siam Cement Public Co Ltd (32.6%), followed by Holcim Ltd (15.9%), while Anhui Conch Cement Co Ltd reported a decline in its revenues by 4.7%. In terms of the geographical split, 6 out of the world’s top 10 cement companies are based in Asia, while 3 are based in Europe, and the remaining 1 is based in North America. They employed a total of 600,046 people in 2021. China-based China National Building Material Co Ltd is the major cement company in the world (by revenue). The company reported revenues of $42,432 million for the fiscal year ended December 2021 (FY2021), an increase of 7.4% over FY2020. The company a subsidiary of China National Building Material Group Co Ltd, produces and supplies building materials. Its product portfolio includes cement, concrete, lightweight building materials, glass fiber, and composite materials. The company operates through five reportable business segments: Cement, Concrete, New Materials, Engineering Services, and Others and employs 154,208 people. Holcim Ltd is one of the leading cement companies in the manufacturing of building materials in the world (by revenue). The company reported revenues of $29,359 million for the fiscal year ended December 2021 (FY2021), an increase of 16.0% over FY2020. The company is a manufacturer of building materials. It produces cement, processes, and distributes aggregates, and supplies ready-mix concrete and asphalt to residential, commercial, and infrastructure customers. It operates through four reportable business segments: Cement, Aggregates, Ready-Mix Concrete, Solutions, and Products, which has a presence in 70 markets and employs 69,672 people.
In July 2023, Holcim Ltd had a revenue of over 39 billion U.S. dollars, which gave it the distinction of being the leading global cement company based on revenue.
China produces the most cement globally by a large margin, at an estimated 2.1 billion metric tons in 2022. China's cement production share equates to over half of the world's cement.
Cement was invented by Joseph Aspdin and he was from UK. Joseph Aspdin invented Portland cement in 1824 by burning finely ground chalk and clay. William Aspdin is the son of Joseph Aspdin.
India is the world's second-largest producer of cement in the world, and almost all large players have been rapidly adding capacities as they look to capture the continued growth in demand expected over the next few years.
Birla Cement provides superior quality and strength, making it the ideal choice for any construction project. It is a great option for building projects requiring a high level of resilience because of its longevity. From home to a commercial building, cement is appropriate.
Australia and Asia are among the fastest-growing regions for the cement industry, with China being the largest producer and consumer of cement in the world13,14,15.
Which companies are the largest players in the Ready-Mix Concrete Manufacturing industry in the US? Top companies in the Ready-Mix Concrete Manufacturing industry in the US, based on the revenue generated within the industry, includes CRH PLC, Martin Marietta Materials, Inc.and Cemex Sab De Cv.
Cement is one of the most important building materials used in construction and is an integral part of the global economy. The cement industry is a booming business, as it is one of the most profitable and sought-after businesses in the world.
The United States tops the list of the world's best import markets for cement, with an import value of 2.1 billion USD in 2023. The country's construction industry is a major driver of cement imports, as it continues to expand and develop infrastructure projects across the nation.
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