Portland cement growing at 8% CAGR in US

The demand for Portland cement is forecast to register about 8% CAGR growth from 2011 onwards to reach 95.6 Million Metric Tons in 2015, acknowledged RNCOS.

NOIDA, India (prHWY.com) May 4, 2012 - Portland cement production involves the chemical combination of calcium (generally from limestone), iron ore, silica, alumina, and other materials. It will benefit from rebounding growth in construction expenditures. Advances in Portland cement manufacturing technology are also fuelling the demand by improving the quality of the manufactured product and reducing operating costs. Rising demand for high quality Portland cement, such as high compressive strength grades, high early-strength grades, and sulfate-resisting grades are also adding towards huge gains in Portland cement by creating a competitive-edge with other construction materials. Thus, on the back of these factors, demand for Portland cement is forecast to register about 8% CAGR from 2011 to reach 95.6 Million Metric Tons in 2015, according to our new research report, "US Cement Industry Analysis".

Cement industry in the US is currently in its recovery phase and striving hard to combat the after-effects of the economic slowdown. New housing projects and commercial construction activities are now picking pace and showing hopes to cement demand retrievals. The report demonstrated the future market potentials of the cement industry and revealed the way by which recuperating infrastructure spending along with growing domestic demand from almost all the prominent industry verticals are enabling growth in the cement consumption.

However, the industry underwent some notable market developments during the last decade. It witnessed a continued growth phase during 2000-2005 but later experienced a series of difficult years, which lasted till 2010. The plummeting housing construction market along with slashed Federal infrastructure spending dented the cement demand in the US and brought the industry to its lowest levels in 2010. During the second half of 2010 and early 2011, cement shipments witnessed positive developments which indicated signs of near-term market recovery.

The report has been authored to evaluate cement industry's future potentials in the US. It thoroughly examines all prominent emerging trends and drivers, which are fueling the growth of the industry. Besides highlighting major segments, such as production, consumption, demand and installed capacity, the report facilitates information on regional cement demand-supply scenario. It also offers an insight to the technological up gradation. Overall, it seeks to provide indispensable information to clients in understanding the market dynamics and obtaining insight of the industry at the micro level.

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

Some of our Related Reports are:

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Check Related REPORTS on: http://www.rncos.com/Other-Industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals 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 intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: us cement sector

Categories: Business

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