Aluminous Cement Market Size Value in India

From 2012 to 2022, the aluminous cement market in India has displayed fluctuations in both growth and decline. The market value increased consistently from 2012 to 2014 with significant year-on-year growth rates, peaking at 19.274 million USD in 2014. However, from 2015 to 2018, the market experienced a general downward trend. It rebounded in 2019 and continued to grow through 2020 and 2022, reaching a value of 20.592 million USD. The recent years displayed moderate growth with 2022 showing a year-on-year increase of 1.85%. Notably, the compound annual growth rate (CAGR) over the last 5 years is 3.55%, indicating a steady, if somewhat modest, upward trend.

Future trends to watch for:

  • Advancements in construction technologies could drive demand for specialized cements.
  • Increased investment in infrastructure projects by the Indian government may spur market growth.
  • Sustainability initiatives and regulations may encourage the use of eco-friendly cement alternatives, impacting market dynamics.
  • Economic fluctuations and raw material prices could affect market volatility.

# 12 Countries US Dollars Last Year YoY 5-years CAGR
1 1 Germany 257,910,000 2023 +0.2% +0.24% View data
2 2 China 156,170,000 2023 +3.4% +3.59% View data
3 3 Japan 121,940,000 2023 -0.79% -0.88% View data
4 4 Italy 97,616,000 2023 -3.78% -2.96% View data
5 5 Spain 68,289,000 2023 +1.66% +0.51% View data
6 6 Canada 58,297,000 2023 +2.59% +2.48% View data
7 7 India 21,671,000 2023 +1.92% +5.31%
8 8 Austria 19,814,000 2023 -2.56% -2.26% View data
9 9 Thailand 10,230,000 2023 +0.82% -2.25% View data

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