International Cement Review articles tagged under : Market Reports

01 July 2024

A tough time for China

The world’s largest cement-producing country and market has seen demand fall significantly while issues of overcapacity persist. While the sector aims to reduce oversupply, it also needs reform to meet the country’s net-zero carbon emissions targets. By Fei (Grace) Chen, China Cement Association, China. China’s overcapacity presents significant challenges in times when cement demand con...

25 June 2024 Suzanne Starbuck

Renewed hope for Nigeria

Nigeria’s incoming president has his work cut out, faced with a worsening security situation, accelerating inflation, declining oil revenues and food insecurity. After some bold moves, his economic choices appear to ...

03 June 2024

Indonesia: strengthening its green agenda

As the Indonesian cement market returns to growth, driven by an expanding economy, the country’s cement industry is developing its plants to become more sustainable. By ICR Research, UK Indonesia’s industry le...

20 May 2024

Tanzania’s transformation

Tanzania’s GDP has proven robust and is growing, resulting in major government infrastructure construction projects. This infrastructural transformation is boosting domestic cement demand but operational challenges ...

US cement outlook 29 April 2024

US cement outlook

The US economy is strong. While PCA never bought into a recession scenario, its Fall Forecast (early October 2023) expected a modest economic growth slowdown. Data released following the forecast has been consistent...

24 April 2024

Emissions and impacts of waste at disposal sites

With population increase comes greater waste generation. This results in a series of environmental, climate and health impacts at disposal sites, such as leachate and gas emissions. The study presented below describ...

Iraq: time for growth? 18 April 2024

Iraq: time for growth?

Iraq is starting to see investment and action in the construction sector led by higher cement demand. The country’s government is pushing its agenda for new infrastructure and for the doubling of cement capacity. ...

15 April 2024

Achieving critical Mass in Iraq’s cement industry

The Mass Cement plant is one of several located in the Bazian area in the Kurdistan region of Iraq. As an established cement plant and the largest in the country, it has been under strict environmental performance r...

02 April 2024

Eastern Europe’s bid for growth

ICR has been assessing the eastern European cement markets of Czech Republic, Hungary and Romania. While decarbonisation is a central theme of all European cement markets, producers are also looking to improve plant ...

18 March 2024

Southern African transitions

The cement markets of southern Africa have been gradually transitioning into more competitive areas with new investments. ICR reviews the young markets of Angola and Zambia as well as the more established market of S...

05 March 2024

Mexico’s green wave

The decarbonisation message has resonated in Mexico where the cement industry has grasped the opportunity to become a leader in sustainable cement production. Infrastructure is benefitting from low-carbon cement solu...

19 February 2024

Prospects for the GCC industry

The Gulf Cooperation Council (GCC) economy has come under pressure from falling oil revenues, but economic diversification is paying off. Moving into 2024, cement market growth is expected across the region, headed b...

05 February 2024

Morocco: better times ahead?

Following a challenging business environment in 2022, Moroccan cement producers can look forward to better times. However, overcapacity will see producers look beyond the country’s borders as they develop export mark...

22 January 2024

Thailand’s low-carbon transition

Thailand’s plan to accelerate state investment despite high debt levels is expected to result in favourable construction growth. Meanwhile, the country’s cement industry is in the midst of transforming itself into lo...

08 January 2024

Carbon capture catch-up

With carbon capture, utilisation and storage (CCUS) identified as the key lever to decarbonise the global cement industry, ICR highlights some of the leading projects currently underway to trial and scale up CCUS tec...

22 December 2023

2024: from black swans to green leaders?

The New Year brings hope for a more “normal” period in the cement markets with a return to profit on the back of favourable price-cost dynamics rather than demand growth. By Paul Roger, BNP Paribas Exane, UK. ...