In the US, cement imports declined during 2002-2009, but for the last two years, the figures have been rising and this growth in imports is likely to continue in near future. According to the latest research report “US Cement Industry Analysis” by RNCOS, with the intensifying cement consumption and economic recovery, the demand for cement in the US will increase. The cement imports will play a significant role in fulfiling the domestic demand by making up for the gap between the production capacity and consumption in the country.
The cement industry in the United States operates roughly 125 import terminals. The ability and willingness to import cement is determined by demand conditions as well as prevailing global shipping rates, and the availability of ships to carry the commodity. The US ranks among the world’s top three cement manufacturers, along with China and India. Though last few years were quite discouraging for the industry, the country sustained its position as the third largest cement consumer globally.
The report evaluates the cement industry’s potentials in the US. It not only thoroughly examines the prominent emerging trends and drivers fueling growth, but also highlights major segments like production, consumption, demand and installed capacity. Information on regional cement demand-supply scenario, and technological upgradation required to improve CO2 emission is also part of the study, which also presents industry forecast.
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