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Lucintel Estimates Global Cement Manufacturing Industry to Reach $493 Billion by 2017
Irving, TX (PRWEB) November 24, 2012
Increasing GDP and consumer spending levels are expected to accelerate the demand for new construction as well as in the remodeling market during 2012-2017. The global cement manufacturing industry is expected to witness good growth and reach an estimated $493 billion by 2017, with a CAGR of 3.5% over the next five years.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the trends and forecasts of the industry and presents its findings in "Global Cement Manufacturing Industry 2012-2017: Trend, Profit and Forecast Analysis.” The report studies manufacturers of cement and aggregate ready mix concrete, providing an annual trend analysis that highlights market size, profit, and cost structure for North America, Europe, Asia Pacific (APAC), and the Rest of the World (ROW).
The industry was seriously affected by the global recession as it resulted in declining building construction and lack of consumer spending activity, posing a serious threat. In some countries cement demand is cyclical in nature which needs a balance between inventory cost and capacity utilization.
Lucintel's report focuses on the driving factors of the industry. Population growth, new commercial projects, urbanization, increase in middle class population, and the green building movement are expected to drive growth in the industry. Cement firms are increasing the use of cementious materials such as fly ash and blast furnace slag in their products, which reduce carbon dioxide emissions from the production of Portland cement clinker.
The study provides up-to-date information on the market share, profit margins and capabilities of the leaders. The market research report helps current suppliers realistically assess their strategies vis-a-vis leading competitors and benefits executives with strategically crucial competitor information, data analysis, and insight, critical to the development and implementation of effective marketing and sales plans.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at firstname.lastname@example.org.
Lucintel provides cutting-edge decision support services Target Screening/ Merger & Acquisition that facilitate critical decisions with greater speed, insight, and cost efficiency.
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