First publishedon www.AggBusiness.com
China's share of cement production is predicted to fall 18% by 2030
India is closing the gap on China as the world's biggest cement producer.
Research from the World Cement Association (WCA) predicts that India will increase from the 24% market share it held in 2018 to 30% by 2030.
In contrast China, which accounted for more than half (53%) of global production last year, will decline to 35%.
The WCA predicts that the European Union will double its market share of production from 8% in 2018 to 16% by 2030, while Japan will drop out of thew top 10 to be replaced by Pakistan.