Leading cement producing countries worldwide 2023

In 2023, cement production in the United States amounted to some 91 million metric tons. Thus, the United States was ranked as the fourth leading cement producer globally.

Cement producer nations: Asia in the lead

China produces the most cement globally by a large margin, at an estimated 2.1 billion metric tons in 2022. China's cement production share equates to over half of the world’s cement. India was the world's second-largest cement producer, with production amounting to a distant 370 million metric tons in 2022. Vietnam was the third-largest global producer that year, at 120 million metric tons.

Cement producing companies

Following China's ranking as the world's largest cement producing nation, the Chinese company Anhui Conch Cement was the world's leading cement manufacturer based on market capitalization as of 2022, at over 34 billion U.S. dollars. Another Chinese company, Xinjiang Tianshan Cement, came in fourth place in this ranking. Aside from those two Chinese companies in leading positions in the ranking, a mixture of European and Asian companies account for the remaining positions. Case in point, in a close second next to Anhui Conch Cement that year was Holcim, the Swiss-French cement company, which had a 32.1 billion U.S. dollar market cap that year.