International Cement Review articles tagged under : Market Reports
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. Infrastructure and housing plans drive cement demand in Kurdistan, Iraq, where the industry continues to expand (© Al Orfali) When the COVID-19 pandemic st...
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...
Global aggregates: recovering, resilient and sustainable
Increasingly resilient, the global aggregates market is recovering from the COVID-19 pandemic. Moreover, as shown in a recent meeting of the Global Aggregates Information Network (GAIN TM ), the industry is poised to...
Australia embraces low carbon
The carbon tax has had a profound effect on Australia’s cement industry, which has expanded its clinker grinding facilities and channelled investment into decarbonisation measures. New players are also keen to enter ...