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India Cement Industry Report 2022: Cement Consumption Reached 355.46 Million Tons in FY 2022 and is Expected to Reach 450.78 Million Tons by the End of FY 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cement Industry in India 2022 – 2027” report has been added to ResearchAndMarkets.com’s offering.

India is the second-largest producer of cement in the world, accounting for more than 7% of the global installed capacity. In FY 2022, domestic production of cement stood at 356 million tons, up from 296 million tons in FY 2021.

In terms of volume, cement consumption reached 355.46 million tons in FY 2022 and is expected to reach 450.78 million tons by the end of FY 2027. The spurt in demand from sectors such as housing, commercial construction, and industrial construction will lead to an increase in consumption.

The cement industry is mainly driven by the consequential number of construction activities with the growing demand and a surging need for residential complexes of urbanised population. Furthermore, the construction of various infrastructure projects such as airports and roads, undertaken by the government in recent times, propels the growth of the market.

In September 2022, The Adani Group, acquired Ambuja Cements and its subsidiary ACC Ltd. from Switzerland’s Holcim Group for USD 6.5 Bn. With this acquisition, Adani Group became the second-largest cement maker in the country.

COVID-19 impact analysis:

In the wake of the pandemic, production was affected due to intermittent lockdowns and restrictions on mobility. Construction activities were interrupted in Q4 FY 2021 and Q1 FY 2022 because of the second wave and this resulted in the decline of consumption.

However, because orders were put on hold, consumption volumes increased in the second quarter of FY 2022. Significant market growth is expected over the forecast period because of higher infrastructure and developmental activities.

Key Topics Covered:

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction

3.1. Market definition and structure

3.2. Major organizations controlling the cement industry in India

Chapter 4: Market overview

4.1. India Cement Industry Overview

4.1.1. Cement production (FY 2020-FY 2027e)

4.1.2. Cement consumption (FY 2020-FY 2027e)

4.1.3. Quarter-wise cement production (FY 2020 – FY 2022)

4.2. Region-wise Cement Production Capacity

4.2.1. Region-wise cement production capacity (FY 2021)

4.2.2. Region-wise break-up of grinding units and clinking clusters (FY 2021)

Chapter 5: Impact of COVID-19

5.1. COVID-19 impact assessment

5.1.1. Severe impact on cement production during FY 2021

5.1.2. Major positive outcomes during FY 2021

5.1.3. Major negative impact on cement demand during FY 2021

5.1.4. Regaining stability in FY 2022

5.1.5. Impact of COVID-19 on the major players

Chapter 6: Trade analysis

6.1. Export of cement

  • Based on value
  • Based on country

6.2. Import of cement

  • Based on value
  • Based on country

Chapter 7: Market influencers

7.1. Key growth drivers of the sector

7.2. Key factors deterring the growth of the sector

Chapter 8: Competitive landscape

8.1. ACC Limited

  • Company information
  • Business description
  • Products/Services
  • Key people
  • Financial snapshot
  • Key ratios
  • Key financial performance indicators
  • Key business segments
  • Key geographical segments

8.2. Ambuja Cements Limited

8.3. J. K. Cement Limited

8.4. Jaiprakash Associates Limited – Jaypee Group

8.5. JK Lakshmi Cement Limited

8.6. Orient Cement

8.7. The Ramco Cements Limited

8.8. Shree Cement Limited

8.9. The India Cements Limited

8.10. UltraTech Cement Limited

Chapter 9: Recent developments

For more information about this report visit https://www.researchandmarkets.com/r/rabtuj

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