Cement Demand in India Set to Record Double-Digit Growth

On the back of increasing income levels, rapid urbanization, and industrialization, along with GDP growth, cement demand in India is expected to soar in the coming years, says RNCOS.

NOIDA, India (prHWY.com) August 31, 2012 - The demand for cement is correlated with the country's economic growth, since the industry's main growth drivers including housing, commercial, and infrastructure investments are the key components of its GDP. As the country's GDP is headed towards growth, the cement industry is expected to see a double-digit growth. Apart from the GDP, rising disposable income and rapid urbanization is likely to boost the demand of cement in India, which is expected to grow at a CAGR of around 11% during 2012-13 to 2014-15.

The recent report by RNCOS, "Indian Cement Industry Outlook 2015", anticipates that cement demand will be driven largely by the increased focus of the government on the infrastructure development and promotion of low-cost affordable housing in the country. On the back of growing middle class segment, emergence of nuclear families, tax incentives and modern attitudes towards home ownership along with moderate economic growth, the housing sector continues to dominate as the largest cement consuming sector in the country.

The research, which aims at evaluating the Indian cement sector's future potentials, covers all necessary aspects of the industry. It analyzes the entire information in a concrete manner, and builds textual analysis on the basis of reliable data. The study also facilitates comprehension of current trends prevailing in the industry and their impact on the future market growth. Moreover, it also presents analysis of the past and current scenarios, and the direction, in which, the industry is likely to proceed in the coming years. It also analyzes the industry structure, competitive landscape and recent developments in the industry. Overall, it is expected to help the clients align their business strategies as per the changing market dynamics in India.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM419.htm

Some of our Related Reports are:

- Indian Paint Industry Forecast to 2015 (http://www.rncos.com/Report/IM408.htm)
- Booming Construction Equipment Market in India (http://www.rncos.com/Report/IM277.htm)
- Indian Housing Sector Analysis (http://www.rncos.com/Report/IM013.htm)
- US Cement Industry Analysis (http://www.rncos.com/Report/IM346.htm)

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: india cement industry

Categories: Construction

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