Mr. Wei Rushan, the President of the World Cement Association (WCA), highlighted significant transformations shaping the global cement industry. The cement demand is expected to decline by 22% by 2050. Each region faces unique challenges. Price increases are expected to continue in European and North American markets. Cement production will decline due to strict CO₂ regulations and capacity reductions, especially in Europe. To remain both profitable and environmentally responsible, the global cement industry must aim to reduce capacity by 50%, from 4.7 to 2.3 billion tons, within the next decade.