
Cement, a key component of concrete and a major contributor to global carbon emissions, has seen its consumption peak and decline after decades of growth. China, responsible for nearly half of global output, has experienced a nearly 30% drop in production since 2020, with further declines expected through 2026. Despite ongoing urbanization in regions like India, Southeast Asia, and Africa, global cement demand may not return to its 2021 peak. This downturn presents environmental opportunities amid slow progress in reducing the industry's carbon footprint.
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