Highlights from the Global Cement Volume Forecat Report

The Indian cement market is showing strong signs of sustained growth in the next five years, according to the new 1H2015 Quantitative Update to the Global Cement Volume Forecast Report. The document recently published by CW Research estimates a 6.7 compound annual growth in consumption for India between 2014 and 2019, a positive outlook shared by several Asian countries.

Despite the slowdown in some Asian economies like China, future growth prospects still look promising and construction spending is expected to grow at above the regional average in China, India, Vietnam, Indonesia and Thailand. According to the latest Quantitative Update to the Global Cement Volume Forecast Report Construction, these countries are expected to have the largest spending during 2014- 2019.

Read the rest of the article in the India Cement & Construction Materials Journal Magazine, Issue 22-23.