International Cement Review articles tagged under : Market Reports
South Korea’s green goals
South Korea’s cement consumption advanced further in 2021, but challenges, including bituminous coal supply issues, have hampered the industry’s ability to increase production. Meanwhile, improving the sustainability of cement production, carbon neutral research and ESG efforts remain high on the industry’s agenda. By Korean Cement Association, South Korea. In line with South Korea’s co...
Developing central Asia
The central Asian cement markets of Kazakhstan and Uzbekistan are among the most active accumulators of greenfield plants and expansion projects. Construction and infrastructure projects are on a huge scale and oppor...
Public spending to drive US cement growth
Following a turbulent start to the decade, PCA looks ahead to what the US cement sector can expect in terms of economic revival and the factors determining a possible upswing in cement demand in the 2022-24 period. B...
Southwestern US cement
While the Southwestern US cement markets of California, Arizona and Nevada were immune to the COVID-19 pandemic, subsequent broken supply chains, rising inflation and climate change may still considerably affect thei...
Spain's hopes for the future
Spain’s cement industry saw a more positive 2021 than initially expected as domestic demand took a jump of 11 per cent YoY to support the country’s recovery to pre-pandemic levels. Aniceto Zaragoza, general manager o...
China at a crossroads
China’s cement industry stands at a crossroads as the country embarks on its 14th Five-Year Plan (2021-25) and the country confirms its goal for peak carbon by 2030 and carbon neutrality by 2060. Restructuring effort...
Ukraine: times of uncertainty
Ukraine’s cement industry has been seeing off anti-dumping imports from surrounding countries while encouraging a revival in domestic and export cement capacity. However, Russia’s military invasion in February 2022 h...
Japan: securing sustainability
Japan’s cement industry is expected to have advanced modestly in FY21, and while significant declines are unlikely going forward, growth potential is lacking. Therefore, the sector is looking to secure sustainability...
Upbeat times for GCC cement?
Underpinned by high oil prices, cement demand in the Gulf Cooperation Council (GCC) countries looks set for better times. However, cement capacities in the member countries remain ahead of market requirements and it ...
South Africa’s long walk to recovery
While 2021 saw some pick-up in South Africa’s cement market, analysts do not expect a full recovery before mid-2024. By Industry Insight, South Africa. As the COVID-19 mutation Omicron sweeps through the count...
Mediterranean trading trends
Cement producers bordering the Mediterranean have seen a shift in trading trends over recent years due to a number of influencing factors. In this report, DGS Consultants explains how cement and clinker trade for the...
Russia gets recovery rolling
As Russia’s economy returns to growth and the domestic construction sector saw a revival in 2021, the country’s cement industry looks set to prosper. Will cement producers be able to capitalise on these positive tren...
India is looking at recovery
India’s higher cement demand and production growth rates appear to be decelerating as the effects of a low comparison base began to wane towards the end of the 2QFY21-22. On the cost-front, headwinds continue to impa...
Uncertain times
ICR reflects on the rollercoaster of 2020 and 2021 in terms of COVID-19 and its impact on global cement production, consumption and trade. It also looks ahead to 2022 and beyond as cement manufacturers juggle ongoing...
Nigeria’s hamstrung potential
Rapid cement capacity build-up over the last two decades and further new additions on the way mean that by next year, Nigeria will have the second-largest installed capacity in Africa. However, while the country’s lo...
UK: Build, Build, Build
Backed by extensive infrastructure investment, the UK construction industry has made an impressive recovery from the pandemic. But all is not plain sailing as labour and material shortages continue to delay projects ...