Global: The World Cement Association has released a white paper titled ‘Long-Term Forecast for Cement and Clinker Demand’, authored by CEO Ian Riley. The paper predicts a global decline in cement demand to 3Bnt/yr by 2050, with clinker demand dropping to 1.5Bnt/yr.
The report attributes the decline to decarbonisation, technological advancements and market dynamics, with the need for carbon capture and storage consequently reduced.
Ian Riley said “The cement industry is undergoing an unprecedented transformation. As we move towards a decarbonised future, understanding the true demand for cement and clinker is critical to ensuring that policies, technologies and investments align with reality. This white paper aims to provide industry leaders and policymakers with the clarity needed to plan effectively and sustainably.”
The analysis also explores disruptive factors such as alternative materials, supply chain optimisation and clinker-free technologies, presenting three scenarios to guide stakeholders in adapting to industry changes and fostering innovation.
