International Cement Review articles tagged under : Market Reports
Brazil’s better tomorrow
After a challenging few years, the outlook for the Brazilian cement industry is improving with renewed public investment in infrastructure and housing expected to generate moderate growth of cement demand. Private investment in housing is also forecast to support cement consumption in 2024. By SNIC, Brazil. As Brazil’s economy shows signs of picking up, the country resumes building a mo...
A tough time for China
The world’s largest cement-producing country and market has seen demand fall significantly while issues of overcapacity persist. While the sector aims to reduce oversupply, it also needs reform to meet the country’s ...
Renewed hope for Nigeria
Nigeria’s incoming president has his work cut out, faced with a worsening security situation, accelerating inflation, declining oil revenues and food insecurity. After some bold moves, his economic choices appear to ...
Indonesia: strengthening its green agenda
As the Indonesian cement market returns to growth, driven by an expanding economy, the country’s cement industry is developing its plants to become more sustainable. By ICR Research, UK Indonesia’s industry le...
Tanzania’s transformation
Tanzania’s GDP has proven robust and is growing, resulting in major government infrastructure construction projects. This infrastructural transformation is boosting domestic cement demand but operational challenges ...
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 consistent...
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...