With the economic recovery, the demand for portland cement is estimated to grow in the US in the coming years, giving a push to the country’s cement industry. The demand for portland cement witnessed a substantial double-digit decline in 2009, but the year 2010 was a bit positive for the sector when housing starts, to some extent, rejuvenated the demand. According to the latest research report, “ US Cement Industry Analysis” by RNCOS, the increased government expenditure on public infrastructure projects will help the portland cement demand grow at a CAGR of over 8% during 2011-2015 to 95.6 Million Metric Tons by the end of the forecast period.
The cement industry is an important sector in the US economy. Along with China and India, the US ranks in the list of the world’s top three cement manufacturers. The US cement industry is considered to be one of the pillars of its construction sector. Though last few years were quite discouraging for the industry, the country sustained its position as the world’s third largest cement consumer. With intensifying cement consumption and recovering production capacities, the US is all set to defend its position over the next few years.
The research evaluates the US cement industry’s future potentials. It thoroughly examines the emerging trends and drivers fueling growth into the industry. Highlighting major segments, such as production, consumption, and installed capacity, the report provides information on the regional cement demand-supply scenario. It not only gives an insight into the technological upgradation required to reduce CO2 emission, but also discusses the current and future trends for the cement demand in various verticals like RMC, construction contractors, etc. to help clients invest smartly.
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