Bangladesh Cement Clinker and Cement market will reach 7884.17 million US$ by the end of 2030

Publisher: QYResearch
Published Date: 2019/10/23

The Bangladesh revenue of Cement market was valued at 2812.87 M USD in 2018 and is expected to reach USD 7884.17 M USD in 2030. In the future twelve years, we predict the CAGR of global revenue is 8.97%.

In the Cement Clinker industry, Shun shing profits most in 2018 and recent years, while Chhatak Cement Factory Ltd and HC Trading ranked 2 and 3.The market share of them is 26.25%, 14.23% and 8.67% in 2018.

In the Cement industry, Shah Cement profits most in 2018 and recent years, while Bashundhara Cement and Tiger Cement ranked 2 and 3.The market share of them is 8.81%, 7.45% and 6.77% in 2018.

Bangladesh local companies catered to 82 percent of the demand of Cement while foreign companies delivered the rest 18 percent. Although Bangladesh is self-sufficient in cement production, it needs to import almost all the raw materials used in cement manufacturing. Clinker is the prime raw material. Only two companies have clinker production facilities at their plants: Chhatak Cement Factory Ltd, a government owned company, and Lafarge Surma Cement Ltd.

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