Global Cement Market to Reach 3.77 billion tonnes by 2012, According to New Report by Global Industry Analysts, Inc.

Emerging markets in Asia-Pacific, Latin America and Middle East & Africa are driving global demand for cement. China alone produces and consumes slightly less than half the cement produced and consumed worldwide. China and India, the second largest producer and consumer of cement, together account for more than 50% of the total cement produced and consumed in the world. Developed markets including the US, Western Europe and Japan are mature and currently facing declining demand due to the global economic crisis.

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Cement: A Global Strategic Business Report

San Jose, CA (PRWEB) April 6, 2009

Recent years have seen the cement industry grow dynamically with most of the actions taking place in emerging economies. Despite the ongoing financial crisis the global economy is facing, the need for housing and continued government investments in infrastructure development by emerging economies is offsetting downturn in mature markets. Though, at present, demand is growing, but at a decelerated pace, the phase is momentary. Long-term projections indicate healthy demand growths, as world economy stabilizes and construction activity picks up across global markets into the next decade.

China, followed by India, United States, Japan and Russia, represent the largest producers and consumers of cement worldwide. Other countries featuring prominently on the global cement space include Spain, South Korea, Italy, Iran, Turkey, and Brazil. Significant capacity expansions in China, India, Saudi Arabia, UAE, Turkey, Egypt, and Brazil are underway and planned for the next few years.

Portland cement is the most widely consumed cement variety worldwide. The largest geographic market is Asia-Pacific, and the fastest growth is forecast to take pace in the Middle East & Africa and Asia-Pacific markets. In fact, China alone consumes more than half the global Portland cement.

Blended cement, the less environment polluting varieties, would see demand grow in the next few years, as their favorable environmental profile and excellent performance wins end-user interest. Again Asia-Pacific represents the largest geographic market, though share of Europe also stands out. Fastest growth would take place in Asia-Pacific, as demand is expected to increase over the forecast years.

In terms of market, China remains the largest regional market, where Construction Contractors, followed by Concrete Products Producers represent the largest markets for cement. The fastest growing market, however, would be Ready-mix Concrete Producers, as they benefit from ban imposed by the Chinese government on mortar and concrete mixing at construction sites.

Meanwhile, the second largest regional market, India, would see cement demand advance the fastest for the Ready-mix Concrete Producers market. Though demand from Consumers, the largest cement market, would continue to grow, it would lose share to Ready-mix Concrete Producers and Concrete Products Producers markets.

The global marketplace is characterized by participants such as Lafarge (France), Holcim (Switzerland), Cemex (Mexico), HeidelbergCement (Germany) and Italcementi (Italy), which represent the five leading manufacturers of cement. Other international cement makers include Buzzi Unicem (Italy), Cimpor (Portugal), CRH (Ireland), Votorantim Cimentos (Brazil), Sumitomo Osaka Cement (Japan), Taiheiyo Cement (Japan), and Anhui Conch (China). Other leading regional market leaders include: Anhui Conch, China Shanshui, China National Building Material, and Tangshan Jidong in China; and ACC, Ambuja Cement, Grasim, UltraTech, and India Cements in India.

"Cement: A Global Strategic Business Report" from Global Industry Analysts, Inc. provides a comprehensive review of market trends, drivers, product profile, players, competition, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as the United States, Japan, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Global and regional analytics are provided for product segments including Portland Cement, Blended Cement, and Special / Other Cement. Demand is also analyzed in terms of end-use sectors including Residential Building sector, Non-Residential Building sector, and Non-building sector for select markets. Cement demand is also analyzed by markets including Ready-mix Concrete Producers, Construction Contractors, Concrete Products Producers, Consumer, and Other for major markets, including China and India.

For more details about this research report, please visit http://www.strategyr.com/Cement_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
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