Cement Consumption in India Witnessing Implausible Growth

Indian housing sector accounts for above 50% of the entire cement consumption and the remaining share is accounted by the infrastructure sector, including roads, power, ports, railways, among others.

Cement consumption showed a moderate year-on-year growthduring the past few years. Along with a steady growth, a boom in residential, commercial, and office real-estate segments will further surge the cement demand in the country, says our new research report, ��Indian Cement Industry Forecast to 2012��.

It has been evaluated that the Indian cement industry sustained its growth rate even in the tough conditions of economic slowdown. Cement production is expected to increase above 9% year-on-year during 2010-11 against the previous fiscal year. Almost every cement majors expanded their installed capacity in the backdrop of the government-backed construction projects as these projects have created strong demand for cement in the country. Moreover, it is anticipated that the industry players will continue to increase their annual cement output in the coming years due to which the country��s cement production will also grow. Thus, on the back of all the supportive factors, it is anticipated that the Inidan cement consumption will likely grow at an astounding CAGR growth of 11% during the forecast period.

Our report thoroughly examines all the emerging trends and drivers fueling growth in the industry. It also highlights major segments of growth, including installed capacity, export, import, plant size, and consumption to present clients with a realistic picture of the cement industry. It also explores the regional cement demand-supply outlook in the country to facilitate clients with a proper understanding of the market dynamics and obtain arational picture of the industry at the micro-level.

Most importantly, the report has also presented industry forecasts based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Indian cement industry, which will prove decisive for the clients.