Europe Cement Industry Size, Share, Demand, Revenue & Growth by 2032
From 2023 to 2033, Europe’s demand for cement is projected to surge at a CAGR of 5.3% . Europe’s Cement Industry value is forecast to increase from US$ 19,026.5 million in 2023 to US$ 31,742.5 million in 2033. The need for residential and commercial building construction is rising due to the growing population and fast urbanization. This is driving up the demand for cement in Europe, combined with a notable increase in the building, remodeling, and reconstruction of infrastructures. Furthermore, the growing popularity of the nuclear family is pushing demand for residential real estate, including private bungalows and studio flats, which is fueling the industry. Ordinary Portland cement is the leading product type in Europe’s cement industry due to its extensive consumption and production. The growing need for residential and commercial buildings owing to the increasing population and urbanization is expected to bolster the industry’s growth in the forecast period. Precas