Industry size & Structure

The average cement manufacturer employs 91 workers and generates about $102 million annually, while the average concrete or concrete product manufacturer employs 44 workers and generates $18.9 million annually.

• The cement and concrete manufacturing industry consists of about 3,900 companies, employs about 205,600 workers, and generates about $69.5 billion annually.

• Ready-mixed concrete manufacturers account for about 54% of industry sales; cement manufacturing accounts for about 14%: concrete pipe, brick and block manufacturing are about 10%; and other concrete product manufacturing is about 22%.

• About 90 US companies manufacture cement. The cement manufacturing industry is highly concentrated; the top 20 companies account for 91% of sector sales. The concrete product manufacturing industry is less concentrated; the top 50 companies account for 70% of industry sales. The ready-mix concrete industry is least concentrated, with the top 50 companies accounting for 47% of industry sales.

• Large companies include CEMEX, Holcim Group (formerly LafargeHolcim), Heidelberg Materials (formerly Heidelberg Cement), and Martin Marietta Materials. Many large cement manufacturers are owned by foreign companies. About 89% of US cement capacity was foreign-owned in 2018.

• Many concrete and concrete product manufacturers operate within a limited geographical area due to transport issues and costs.

• Concrete-consuming jobs include commercial and industrial, residential, street and highway, and public works and infrastructure projects.

• Texas, Florida, and California are the top three cement-consuming states. Texas, Missouri, California, and Florida are the top cement-producing states, accounting for approximately 43% of US production.

Industry Forecast

Cement & Concrete Products Manufacturers Industry Growth