10 Largest Cement Companies Around the World

Kevin Brown

10 Largest Cement Companies Worldwide

Cement production plays a crucial role in the construction industry, providing the foundation for various infrastructure projects globally. In this article, we will explore the ten largest cement companies operating across the globe.

1. LafargeHolcim: A global leader in the building materials industry, LafargeHolcim operates in over 70 countries and generates remarkable annual revenue.

2. Anhui Conch Cement: Based in China, Anhui Conch Cement is known for its consistent growth and extensive production capacity.

3. CNBM: China National Building Material Group (CNBM) is the largest producer of cement and building materials globally, offering a diverse range of products and services.

4. HeidelbergCement: This German multinational company operates in various sectors related to construction materials, including cement, aggregates, and ready-mixed concrete.

5. Cemex: With a strong presence in Mexico and the United States, Cemex has become one of the largest cement producers worldwide.

6. Japan Cement Association: As an organization representing the Japanese cement industry, it contributes significantly to the domestic and international markets.

7. Taiwan Cement: Recognized for its high-quality products and commitment to sustainability, Taiwan Cement is among the top cement companies in Asia.

8. UltraTech Cement: Operating in several countries, UltraTech Cement is known for its expertise in manufacturing and providing innovative building solutions.

9. Dangote Cement: With operations in multiple African countries, Dangote Cement has emerged as a major player in the global cement industry.

10. Buzzi Unicem: Based in Italy, Buzzi Unicem has a widespread presence in Europe, the Americas, and Asia, making it one of the leading global cement manufacturers.

These ten companies, with their expansive global presence and remarkable production capabilities, contribute significantly to meeting the world’s cement demands.

10 Largest Cement Companies Around the World

Cement companies play a vital role in global construction, impacting economic development, infrastructure projects, and environmental sustainability worldwide. Construction levels are increasing annually. IMARC, a marketing research company, reports that the global cement market was valued at $363.2 billion in 2022 and is projected to reach $518.5 billion by 2028.

10 Largest Cement Companies Around the World

Understanding the largest global cement companies will give you insights to spot market trends, weigh economic impact, and evaluate investment opportunities. Knowing the leaders in this global industry will help guide you in navigating the complex world of global interconnections.

Largest Global Cement Companies

There are various ways to rank cement companies. In this list, the companies are ranked in terms of cement production rather than annual revenue.

The Holcim Group/Lafarge Holcim

Lafarge/Holcim emerged in 2015 through the merger of Swiss cement manufacturer Holcim and French building materials company Lafarge. This industry-leading company operates in over 70 countries and specializes in cement, aggregates, and ready-mix concrete. LafargeHolcim serves residential and commercial clients and offers a diverse range of cement options to meet various needs.

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Notably, LafargeHolcim is committed to sustainability and aims to reduce its environmental impact. They prioritize energy efficiency, optimize the use of alternative fuels and raw materials, and minimize carbon emissions. They also invest in research for innovative and eco-friendly building materials.

Quick Facts for LafargeHolcim in 2022:

– Operating in 70+ countries.

– Specializing in cement, aggregates, and ready-mix concrete.

– Serving residential and commercial sectors.

– Committed to sustainability and environmental impact reduction.

– Investing in research for innovative and eco-friendly materials.

Origin Country: Switzerland

Founding Date: 2015

Annual Revenue: 28.525 billion USD

Net Income: 2.443 billion USD

Estimated Production Capacity (mt/yr): 386.5 million tons of cement per year

Annual Cement Production (mt/yr): 286.6 mt/yr

Anhui Conch Cement is one of the largest global cement companies and the largest cement company in China, founded in 1997. Anhui Conch Cement is known for its advanced production techniques, high-quality products, and commitment to sustainable development.

Anhui Conch Cement operates cement and clinker production lines in China and neighboring Asian countries. They produce various types of cement, including Portland cement, slag cement, and specialized cement for specific applications. The majority of their cement is used within China, with a small portion exported. Here are some quick facts about Anhui Conch Cement in 2022:

– Origin Country: China

– Founding Date: 1997

– Annual Revenue: $22.24 billion

– Net Income: $5.83 billion

– Estimated Production Capacity: 288 million tons of cement per year

– Annual Cement Production: 217.2 million tons per year

Now, let’s move on to China National Building Material (CNBM).

China National Building Materials Group is a state-owned Chinese cement producer and building manufacturer. It has a strong global market share, operating in over 80 countries. The company specializes in various building materials, including cement, glass, fiberglass, gypsum boards, and composite materials.

CNBM is involved in every stage of the production process, from raw material extraction to final product manufacturing. This allows them to meet diverse product needs and drive innovation at all levels. CNBM is committed to sustainable development and continuous improvement.

Quick Facts for CNBM in 2022:

– Origin Country: China

– Founding Date: 1984

– Annual Revenue: 42.957 billion USD

– Net Income: 2.670 billion USD

Estimated Production Capacity: 406 million tons per year
Annual Production: 176.22 million tons per year

Heidelberg Cement

Founded in Germany in 1874, Heidelberg Cement is a global building materials company that operates in over 60 countries and five continents. The company specializes in cement, aggregates, and ready-mix concrete, offering various cement types such as Portland cement, blast furnace cement, and composite cement. Additionally, Heidelberg Cement provides services including technical support, project management, and construction solutions.

Heidelberg Cement aims to enhance environmental sustainability and responsibility by improving energy efficiency, reducing CO2 emissions, and optimizing operations. This company is also praised for its strong focus on quality and ability to meet market demands through the development of new products.

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Quick Facts for Heidelberg Cement in 2022:

Origin Country: Germany

Founding Date: 1874

Annual Revenue: 18.713 billion USD

Net Income: 1.758 billion USD

Estimated Production Capacity (mt/yr): 129 million tons of cement

Annual Cement Production (mt/yr): 121.11 mt/yr

Cemex

Cemex is a global building materials company founded in Mexico, operating in over 50 countries. Its primary business is the production, distribution, marketing, and sale of cement, ready-mix concrete, aggregates, and building materials. The company strategically locates operations for efficient workflow and delivery.

Cemex is committed to corporate social responsibility, supporting education, affordable housing, infrastructure development, and environmental initiatives in local communities.

Quick Facts for Cemex in 2022:

– Origin Country: Mexico

– Founding Date: 1906

– Annual Revenue: 15.351 billion USD

– Net Income: 0.578 billion USD

– Estimated Production Capacity (mt/yr): 93 million tons of cement per year

Annual Cement Production (mt/yr): 87.09 mt/yr

Italcementi

Italcementi, an Italian cement company, became a subsidiary of Heidelberg in 2015. This gave them more force in the global building industry. Italcementi operates cement plants, grinding mills, and distribution terminals that serve customers in domestic and global markets.

This company has a significant presence in Europe, North America, Asia, and Africa.

Industry experts recognize Italcementi’s achievements in producing high-quality cement and innovative building solutions. They produce Portland cement, composite cement, specialized cement, aggregates, and ready-mix concrete. Italcementi collaborates with building and university experts to explore opportunities for building and sustainability innovations.

Quick Facts for Italcementi in 2022

  • Origin Country: Italy
  • Founding Date: 1864
  • Annual Revenue: 4 billion USD
  • Estimated Production Capacity: 77 million tons per year
  • Annual Cement Production: 76.62 million tons per year
  • China Resources Cement

    China Resources Cement is a large cement company in China. It is part of the state-owned China Resources Group and produces a wide range of cement types, including Portland cement, composite cement, specialized cement, ready-mix concrete, and concrete products.

    As a prominent cement producer in China, CRC contributes to major construction projects including highways, railways, bridges, and commercial real estate. CRC is committed to corporate responsibility and participates in education, poverty alleviation, and environmental sustainability in the communities where they operate.

    Quick Facts for CRC in 2022

    Origin Country: China

    Founding Date: 2003

    Annual Revenue: 5.604 billion USD

    Net Income: 990 billion USD

    Estimated Production Capacity (mt/yr): 78.3 million tons of cement per year

    Annual Cement Production (mt/yr): 71.02 mt/yr

    Taiwan Cement Corporation

    Taiwan Cement Corporation (TCC) is a top cement producer globally. They operate cement plants, grinding facilities, and ready-mix concrete plants, and manufacture various types of cement, including Portland cement, slag cement, low-temperature cement, and high-strength cement. Their products have been certified for quality by industry experts in the United States and Europe.

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    TCC is highly committed to research and development, striving to produce environmentally-friendly solutions that mitigate the impact of their products and combat global warming.

    Quick Facts for TCC in 2022:

    – Origin Country: Taiwan

    – Founding Date: 1946

    – Annual Revenue: 3.670 billion USD

    – Net Income: 695 million USD

    Estimated Production Capacity: 69 million tons of cement per year

    Annual Cement Production: 63.72 million tons per year

    Eurocement Group

    The Eurocement Group was founded in Russia and has a significant presence not only in Russia but also in neighboring countries like Uzbekistan and Ukraine. In addition to cement products, the Eurocement Group also produces aggregates and concrete products.

    Since the war in Ukraine, the Eurocement Group has reorganized its business to overcome supply chain issues. They have expanded their network of suppliers from countries not affected by sanctions. Historically, the company has prioritized quality, innovation, and environmental stewardship.

    These goals position it as a reliable construction partner.

    Quick Facts for Eurocement Group in 2022:

    – Origin Country: Russia

    – Founding Date: 2002

    – Annual Revenue: 50 million Russian Rubles

    – Estimated Production Capacity: 50 million tons of cement per year

    – Annual Cement Production: 45.18 mt/yr

    Votorantim Cimentos:

    The Votorantim Group, founded in Brazil, is a diverse company with sectors in cement, metals, energy, pulp and paper, and finance. Votorantim Cimentos specializes in cement production, operating cement plants, quarries, and concrete production facilities. The company serves domestic and international markets in Asia, Africa, North America, and Europe.

    The Votorantim Group prioritizes innovation and invests in research and development, collaborating with professional and academic institutions to drive advancements in their products and processes. Their commitment ensures high-quality products and keeps them at the forefront of emerging trends. Here are some quick facts about Votorantim Cement in 2022:

    – Origin Country: Brazil

    – Founding Date: 1918

    – Annual Revenue: R$ 6.7 billion

    – Estimated Production Capacity (mt/yr): 54.4 million tons of cement

    – Annual Cement Production (mt/yr): 45.02 mt/yr

    Now, let’s explore the largest cement companies that originated in the USA.

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