Cement Demand in the US to expand at 8.5% CAGR growth by 2015

Demand recovery from housing construction sector along with government infrastructure spending will drive the US cement demand to grow at 8.5% CAGR during 2011-2015, says RNCOS.

Noida, India (prHWY.com) July 8, 2011 - According to our latest research offering "US Cement Industry Analysis", US being world's largest economy and one of the most dynamic construction markets provided a solid platform to its cement industry to expand during the last two decades. However, last few years were depressing for the industry when sluggish cement demand from housing construction dented the supply-demand matrix of the cement industry. The economy is recuperating from recession and the housing industry has again starting posting encouraging results. The research acknowledged the inevitable recovery in the market and projected that the cement demand will grow at a brisk pace in the coming years.

The study identified that, the US is home to one of the world's largest portland cement markets. This cement category occupies the largest share in production among all product groups and in 2010; the segment captured over 97% volume share. In last decade, its share spiked strongly on the back of increasing demand from residential construction projects and infrastructure project demands. Major cement producers are switching to Portland as it is more suitable for general construction and its share is also anticipated to remain almost stable in the coming years.

Our regional sector analysis revealed that, West South Central (including mainly Louisiana, Oklahoma, Northern & Southern Texas) and South Atlantic (with states including Delaware, Washington DC, Florida, Georgia) are leading the country in terms of cement production and consumption. Sufficient raw material availability along with various incentives provided by state governments makes this region a highly investment prone and call for huge investments for future market developments.

"US Cement Industry Analysis", has been authored to evaluate cement industry future potentials in the US. It thoroughly examines all prominent emerging trends and drivers, which are fueling growth in the industry's development. Besides highlighting major segments, such as production, consumption and installed capacity, the report facilitates information on regional cement demand-supply scenario. It will help clients to understand the market dynamics and get an insight of the industry on micro level. The report also provides current and projected market trends of cement demand in various industry verticals including RMC, Construction contractors, Concrete products, and other markets, which will help clients to take informative investment decisions.

For FREE SAMPLE of this report visit: http://rncos.com/Report/IM346.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: us cement industry

Categories: Construction

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