Top 10 Cement Companies in the World in 2021 by Revenue

China National Building Material Co Ltd, Holcim Ltd, CRH Plc, Anhui Conch Cement Co Ltd, and HeidelbergCement AG are the top 5 cement companies in the world in 2021 by revenue. Cumulatively, the top 10 cement companies in the world generated revenue of $223,053 million, with average revenue growth of 9.7%, where the highest revenue was generated by China National Building Material Co Ltd ($42,432 million), followed by Holcim Ltd ($29,359 million), while the lowest increases were registered by Grasim Industries Ltd ($10,347 million). The highest revenue growth was registered by The Siam Cement Public Co Ltd (32.6%), followed by Holcim Ltd (15.9%), while Anhui Conch Cement Co Ltd reported a decline in its revenues by 4.7%. In terms of the geographical split, 6 out of the world’s top 10 cement companies are based in Asia, while 3 are based in Europe, and the remaining 1 is based in North America. They employed a total of 600,046 people in 2021. China-based China National Building Material Co Ltd is the major cement company in the world (by revenue). The company reported revenues of $42,432 million for the fiscal year ended December 2021 (FY2021), an increase of 7.4% over FY2020. The company a subsidiary of China National Building Material Group Co Ltd, produces and supplies building materials. Its product portfolio includes cement, concrete, lightweight building materials, glass fiber, and composite materials. The company operates through five reportable business segments: Cement, Concrete, New Materials, Engineering Services, and Others and employs 154,208 people. Holcim Ltd is one of the leading cement companies in the manufacturing of building materials in the world (by revenue). The company reported revenues of $29,359 million for the fiscal year ended December 2021 (FY2021), an increase of 16.0% over FY2020. The company is a manufacturer of building materials. It produces cement, processes, and distributes aggregates, and supplies ready-mix concrete and asphalt to residential, commercial, and infrastructure customers. It operates through four reportable business segments: Cement, Aggregates, Ready-Mix Concrete, Solutions, and Products, which has a presence in 70 markets and employs 69,672 people.