About This Statistic
This statistic portrays the North American revenue of selected cement manufacturers in the fiscal year of 2016. CEMEX generated around 6.53 billion U.S. dollars in revenue from activities in Mexico and the United States.
Cement manufacturers in North America - additional information
In construction today, cement is an important building material, mostly used for the production of concrete. Cement can be characterized as either hydraulic or non-hydraulic, based on the ability of the cement to set in the presence of water. Hydraulic cements become adhesive through a chemical reaction that occurs between the ingredients of the dry cement and water. In 2016, the United States imported approximately 12 billion metric tons of hydraulic cement for consumption. In the same year, the U.S. consumed about 96.2 million metric tons of cement.
One of the biggest cement manufacturers in North America is Cemex SAB de CV, headquartered in Monterrey, Mexico. The Mexican building material company was established in 1906 under the name, Cementos Hidalgo. Nowadays, Cemex holds an international portfolio of operations in more than 30 countries on four continents. In addition to cement, the company also produces and distributes ready-mix concrete and clinker, an intermediate cement product made from limestone, clay, and iron oxide. According to data, collected by Bloomberg, on the leading manufacturers of construction materials worldwide, Cemex was ranked seventh with revenue of nearly 15.8 billion U.S. dollars as of January 2016. As of 2016, the global cement production capacity of Cemex amounted to 87.1 million metric tons, in comparison, U.S. cement production is estimated to reach 100 million metric tons by 2019. Holcim, HeidelbergCement , and Lafarge are considered some of the other leading building material companies worldwide.