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21 November 2019

Chinese dominance of global cement production set to decline

First publishedon www.AggBusiness.com
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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.

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