International Cement Review articles tagged under : Market Reports
US cement outlook
The US economy is strong. While PCA never bought into a recession scenario, its Fall Forecast (early October 2023) expected a modest economic growth slowdown. Data released following the forecast has been consistently stronger than expected. As a result, our view of US economic performance for 2024 has changed significantly. While our Spring Forecast has yet to be released, as of this writing...
Emissions and impacts of waste at disposal sites
With population increase comes greater waste generation. This results in a series of environmental, climate and health impacts at disposal sites, such as leachate and gas emissions. The study presented below describ...
Iraq: time for growth?
Iraq is starting to see investment and action in the construction sector led by higher cement demand. The country’s government is pushing its agenda for new infrastructure and for the doubling of cement capacity. ...
Achieving critical Mass in Iraq’s cement industry
The Mass Cement plant is one of several located in the Bazian area in the Kurdistan region of Iraq. As an established cement plant and the largest in the country, it has been under strict environmental performance r...
Eastern Europe’s bid for growth
ICR has been assessing the eastern European cement markets of Czech Republic, Hungary and Romania. While decarbonisation is a central theme of all European cement markets, producers are also looking to improve plant ...
Southern African transitions
The cement markets of southern Africa have been gradually transitioning into more competitive areas with new investments. ICR reviews the young markets of Angola and Zambia as well as the more established market of S...
Mexico’s green wave
The decarbonisation message has resonated in Mexico where the cement industry has grasped the opportunity to become a leader in sustainable cement production. Infrastructure is benefitting from low-carbon cement solu...
Prospects for the GCC industry
The Gulf Cooperation Council (GCC) economy has come under pressure from falling oil revenues, but economic diversification is paying off. Moving into 2024, cement market growth is expected across the region, headed b...
Morocco: better times ahead?
Following a challenging business environment in 2022, Moroccan cement producers can look forward to better times. However, overcapacity will see producers look beyond the country’s borders as they develop export mark...
Thailand’s low-carbon transition
Thailand’s plan to accelerate state investment despite high debt levels is expected to result in favourable construction growth. Meanwhile, the country’s cement industry is in the midst of transforming itself into lo...
Carbon capture catch-up
With carbon capture, utilisation and storage (CCUS) identified as the key lever to decarbonise the global cement industry, ICR highlights some of the leading projects currently underway to trial and scale up CCUS tec...
2024: from black swans to green leaders?
The New Year brings hope for a more “normal” period in the cement markets with a return to profit on the back of favourable price-cost dynamics rather than demand growth. By Paul Roger, BNP Paribas Exane, UK. ...
Pakistan: navigating uncertainty
Pakistan continues to face political and economic uncertainty, while the government has to find solutions to the impact of flood damage caused by last year’s devastating monsoon. The cement sector is in a capacity ex...
A new era for Nigeria
Nigeria’s new president signals the dawn of a new era as the west African country aims to address long-standing macroeconomic imbalances. The domestic cement sector continues to add additional capacity in view of lon...
India: riding the growth wave
India, the world’s second-largest cement market, has demonstrated strong resilience and recovery since the COVID-19 pandemic. The country is now on course for a higher, sustainable demand trajectory and the cement se...
Egypt: controlling the variables
Economic headwinds are exerting pressure on Egyptian cement producers and end-users. The cement sector is now playing a game of controlling the variables having introduced a production quota system in 2021 that has h...