International Cement Review articles tagged under : Market Reports

19 November 2018

Deep into the Saudi down-cycle

Saudi Arabia’s cement industry has faced a challenging few years as construction activity decreased following a more cost-conscious government budget. However, while many positive steps have been taken, the sector’s recovery could be protracted. By Pritish Devassy, Al Rajhi Capital, Saudi Arabia. While the Saudi cement industry has faced a challenging few years, the dust appears to b...

07 November 2018

India’s changing trajectory

After a period of abnormally-high growth, India’s cement sector has begun to moderate and return to normal levels. Meanwhile, rising fuel and power costs have impacted the profitability of the major producers. Furthe...

02 November 2018

Germany: spending spree ahead?

The need for Germany to begin spending its accrued budget surplus on infrastructure projects and housing is starting to weigh heavily on the new government. The cement industry has invested and is able to increase ou...

11 October 2018

Turkey turns the tables

Despite weathering a series of fluctuations in its economic, political and social structure within the last year, Turkey is once again witnessing a boost in its construction market as a result of urban transformation...

Europe’s positive prospects 24 September 2018

Europe’s positive prospects

Political developments across Europe have created considerable market uncertainty, due to potential policy changes unsettling the construction market. However, prospects for the region look widely positive as the maj...

05 September 2018

Building west African wealth

West Africa is a vast region that is attracting foreign investment and infrastructure development at a pace not seen before. The cement industry is part of this fast-growing drive and with new grinding plants being e...

Trading up prospects 30 August 2018

Trading up prospects

The South American region (excluding Brazil) has many cement producers not only investing in new production lines in their domestic markets but also looking to build capacity to advance exports. ICR provides a round-...

20 August 2018

Ready to rise again?

Following the country’s recent presidential election, the economy of South Africa has returned to positive growth. ICR looks at the impact this has had on its highly-competitive cement industry and how other factors ...

07 August 2018

The leading cement groups

ICR’s annual corporate profile review looks at the industry’s leading cement producers and their business activities and financial performance in 2017 and 2018. Production capacities of major cement producers ...

30 July 2018

India: fast forward

India’s 425Mta cement industry, now in its 104th year of existence, plays a pivotal role not only in the country’s growth but also on the global stage. With an output of 280Mta in 2017, it is the world’s second-large...

24 July 2018

African aspirations

East Africa’s cement sector has remained resilient in recent years, despite oversupply and power shortages. ICR reviews the main east African markets as the battle to increase market shares intensifies and modernisat...

12 July 2018

Emerging from the clouds?

Following the recession that significantly impacted the Brazilian cement industry, recent months have seen a more positive picture emerge as the domestic economy recovered. While political uncertainties continue to c...

04 July 2018

Agents of change

Like the steel and automotive sectors, the cement landscape has experienced a far-reaching transformation over the last 30 years. In the mid-1980s, local players outgrew their local markets and seized the opportunity...

29 June 2018

Vietnam’s dragon of growth

With strong economic growth fuelling infrastructure investment and China importing more clinker than ever, its not hard to see why Vietnam’s cement producers are enjoying a surge in demand. But the industry remains h...

04 June 2018

Building the Balkans

While some of the Balkan states are among the youngest countries in Europe, their cement demand has remained relatively low since the global financial crisis of 2008. But this is expected to grow as improved infrastr...

21 May 2018

Not out of the woods yet

As India’s cement industry recovers from demonetisation, the October-December 2017 quarter brought new tests of strength. While demand showed unusually-high growth, increased fuel and raw material prices combined wit...