Texas Tops Portland Cement Shipments in US

The cement consumption in the United States is anticipated to grow at a CAGR of around 8% during 2011-2015 to reach 98.3 Million Metric Tons, says RNCOS latest report.

 

Noida, UP -- (SBWIRE) -- 03/12/2012 -- The United States, the world's largest economy and one of the most dynamic construction markets, has provided a strong platform to its cement industry for expansion in the last two decades. According to a recent research report by RNCOS, Texas is the leading state in the country in terms of portland cement shipments, with Southern Texas reporting the highest volume during 2009-2011 and being closely followed by Northern Texas. Various incentives by state government and sufficient raw material availability have made these regions highly attractive to domestic and international cement companies, which are striving hard to establish their production base in these locations.

The US is one of the world's largest portland cement markets, and this category occupies the largest share in the overall cement production. The “US Cement Industry Analysis” says that the cement industry in the country witnessed continued growth during 2000-2005, but later experienced a series of difficult years, which lasted till 2010. During second half of 2010 and early 2011, the cement shipments started experiencing positive developments, which indicated signs of near-term market recovery. With new housing projects and commercial construction activities picking up pace in the country, the cement consumption in the US is anticipated to grow at a CAGR of around 8% during 2011-2015.

The report, authored to evaluate the cement industry’s future potentials in the US, studies the correlation among past drivers, challenges, and opportunities for existing and proposed expansion. It highlights major segments, such as production, consumption, demand and installed capacity, and provides information on regional cement demand-supply scenario. Overall, the study presents a complete and coherent analysis of the US cement industry, and tries to depict an impartial picture of the market to clients to help them make sound investment decisions.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM346.htm

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