Global Cement Demand to Reach 3,5 billion t in 2013

Global demand for hydraulic cement is forecast to rise 4,1 %/a to 3,5 billion t in 2013, valued at USD 246 billion.

However, gains in demand through 2013 will lag the robust advances seen from 2003 to 2008. Many of the fastest-growing markets for cement during this period, including China, Russia, Brazil and other large consumers, will experience a substantial deceleration in cement demand going forward. The global economic recession which began in 2008 led to a notable slowdown in construction activity, and increases in construction spending and cement sales will rise at a more moderate pace through 2013. These and other trends are presented in a new study from The Freedonia Group, Inc. (pr@freedoniagroup.com). (02/2010)