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Cement and Lime Manufacturing in Australia - Market Research Report (2014-2029)

Anthony Kelly Anthony Kelly Melbourne, Australia Last Updated: March 2024 ANZSIC C2031

Revenue

$4.4bn

2024-25

$4.3bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

3,770

Businesses

72

Wages

$XXX.Xm

Cement and Lime Manufacturing in Australia industry analysis

The Cement and Lime Manufacturing industry produces a range of products that are integral inputs in the construction, mineral processing, manufacturing and agricultural sectors. Industry revenue has been declining at an annualised 0.3% over the past five years to a total of $4.4 billion in 2023-24, including a contraction of 2.1% in the current year. The industry's performance has been influenced by divergent trends in the downstream building and infrastructure markets and the disruption to global supply chains following the COVID-19 outbreak. Manufacturers have restructured their operations and raised their reliance on imported clinker, allowing them to lower production costs and close inefficient kilns.

Trends and Insights

  • The high volume of sales as inputs for landmark infrastructure developments has been insufficient to offset the slump in sales to the residential building market. Large-scale railway, road and wind farm developments consume vast quantities of cement, lime and concrete products.
  • Bagged cement sales have fallen with the recent slump in home renovation activity and trade contractor services in housing construction. Bagged cement is mainly sold through building supplies, hardware and landscape retailers like Bunnings and Mitre 10.
  • South Australia has a high share of production but a relatively low share of industry enterprises. Historically, cement production was close to raw material deposits in South Australia and Adbri Limited still has several plants in the state.
  • Price differentiation and product availability are the cornerstones of competition within the industry. Cement quality is fairly uniform across the leading manufacturers and price competition remains intense in most regional markets.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 0.3 % over the past five years, to reach an estimated $4.4bn in 2024.

Trends and Insights

Divergent trends in the core building markets have subdued cement sales

  • The slump in high-rise apartment developments following the 2017-18 peak dampened cement sales. Multi-unit dwelling construction plummeted with the emergence of oversupply and the restrictions on foreign real estate investment.
  • Additional trends and insights available with purchase
Cement and Lime Manufacturing in Australia
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Growth in cement sales to be driven by favourable trends in apartment and non-residential building construction

  • The robust investment recovery in apartment and townhouse construction to meet Australia's population growth will underpin sales of prefabricated concrete products used in higher-density dwellings, like concrete bricks, posts, pavers, panels and ready-mixed concrete.

Biggest companies in the Cement and Lime Manufacturing in Australia

Company
Market Share (%)
2024
Revenue ($m)
2024
Adbri
978.0
Cement Australia
542.0
Boral
363.0

To view the market share and analysis for all 6 top companies in this industry, view purchase options.

Products & Services Segmentation

Cement and Lime Manufacturing in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Bulk Portland cement, Bagged Portland cement and Specialist cement. Bulk Portland cement is the largest segment of the Cement and Lime Manufacturing in Australia.

Trends and Insights

Over two-thirds of industry sales are bulk Portland cement

  • The industry generates over two-thirds of the value of shipments from the bulk delivery of Portland cement to downstream manufacturers. Downstream vertically integrated manufacturers, like Boral and Adbri, can ensure consistent quality and supply timeliness.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Industry companies manufacture clinker, hydraulic cement (Portland, masonry, slag and pozzolan cement) and lime.

What's included in this industry?

Bulk Portland cementBagged Portland cementUnprocessed clinkerLimeSpecialist cement

Companies

AdbriCement AustraliaBoral

Purchase this report to view all 6 major companies in this industry.

Related Terms

PORTLAND CEMENTCEMENT CLINKERSHYDRAULIC CEMENTFLY-ASHPRECALCINER KILNS

Industry Code

ANZSIC 2006

ANZSIC 2031 - Cement and Lime Manufacturing in Australia

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The high volume of sales as inputs for landmark infrastructure developments has been insufficient to offset the slump in sales to the residential building market. Large-scale...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Bagged cement sales have fallen with the recent slump in home renovation activity and trade contractor services in housing construction. Bagged cement is mainly sold through ...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

South Australia has a high share of production but a relatively low share of industry enterprises. Historically, cement production was close to raw material deposits in South...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Price differentiation and product availability are the cornerstones of competition within the industry. Cement quality is fairly uniform across the leading manufacturers and ...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

The largest cement manufacturers, Adbri, Boral and Cement Australia, have vertically integrated operations, including upstream quarries and downstream concrete manufacturing. ...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Adbri's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Cement Australia's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Boral's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 3 additional companies

Detailed analysis

  • Description and key data for Adbri, and factors influencing its performance in the industry
  • Description and key data for Cement Australia, and factors influencing its performance in the industry
  • Description and key data for Boral, and factors influencing its performance in the industry
  • Description, key data and performance trends for 3 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Cement manufacturers benefit from the robust growth in the downstream heavy industry and other non-building construction markets. The construction of concrete-intensive minin...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Escalating input costs have squeezed industry profit margins. Energy prices have surged during the Russia-Ukraine conflict, and the costs of material inputs have climbed with...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Cement and Lime Manufacturing industry in Australia in 2024?

The market size of the Cement and Lime Manufacturing industry in Australia is $4.4bn in 2024.

How many businesses are there in the Cement and Lime Manufacturing in Australia industry in 2024?

There are 72 businesses in the Cement and Lime Manufacturing industry in Australia, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Cement and Lime Manufacturing industry in Australia grown or declined over the past 5 years?

The market size of the Cement and Lime Manufacturing industry in Australia has been declining at a CAGR of 0.3 % between 2019 and 2024.

What is the forecast growth of the Cement and Lime Manufacturing industry in Australia over the next 5 years?

Over the next five years, the Cement and Lime Manufacturing industry in Australia is expected to grow.

What are the biggest companies in the Cement and Lime Manufacturing market in Australia?

The biggest companies operating in the Cement and Lime Manufacturing market in Australia are Adbri, Cement Australia and Boral

What does the Cement and Lime Manufacturing in Australia include?

Bulk Portland cement and Bagged Portland cement are part of the Cement and Lime Manufacturing industry.

Which companies have the highest market share in the Cement and Lime Manufacturing in Australia?

The company holding the most market share in Australia is Adbri.

How competitive is the Cement and Lime Manufacturing industry in Australia?

The level of competition is high and increasing in the Cement and Lime Manufacturing industry in Australia.

Related Industries

Widen you competitive advantage with related industries

Competitors

  • Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing in Australia

Complementors

  • Gravel and Sand Quarrying in Australia
  • Rock, Limestone and Clay Mining in Australia
  • Ready-Mixed Concrete Manufacturing in Australia
  • Concrete Product Manufacturing in Australia

International industries

  • Cement Manufacturing in the US
  • Lime Manufacturing in the US
  • Cement Manufacturing in Canada
  • Cement Manufacturing in the UK
  • Lime & Plaster Manufacturing in the UK

View all industries in Australia

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Australia include:

  • Australian Bureau of Statistics
  • Australian Taxation Office
  • Australian Securities & Investments Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.