India Leads $173 Billion in Global Cement Manufacturing Project Development

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Researched by Industrial Info Resources (Sugar Land, Texas)--A tremendous growth in infrastructure and building construction in developing nations is greatly increasing demand for cement and has set off a record number of construction projects for cement-manufacturing plants worldwide. Industrial Info is tracking 2,365 cement-manufacturing plant construction and maintenance projects totaling $173 billion. Projects include grassroot cement-manufacturing plants and grinding units, rotary kiln additions, in-plant capacity expenditures, and maintenance shutdown projects.

China and India account for 64% of the market, or $111 billion.

India is the No. 1 country in the world for cement-manufacturing project development, with more than 660 projects totaling $77 billion. China, which produces about a third (2.1 billion tons in 2012, according to the USGS) of the world's cement, is No. 2, with about 600 projects totaling $34 billion.

Click on the image at right to view a chart showing the top 10 countries for cement manufacturing project spending.

In addition to India and China, the remaining top 10 countries for cement-manufacturing plant spending are Indonesia, Russia, Vietnam, Brazil, Saudi Arabia, Philippines, the U.S. and South Africa.

An additional eight countries have more than $1 billion in active cement-manufacturing projects, including Canada, Ukraine, Nigeria, Turkey, Peru, Tajikistan, Peru, Myanmar and Uzbekistan.

Leading cement manufacturer Holcim (Switzerland) is developing a number of grassroot and expansion projects in countries such as Brazil, Ecuador, France, Philippines, Romania, Russia and Vietnam. In Romania, the company is evaluating a $531 billion grassroot cement plant. When approvals are secured, construction could begin in 2016.

In addition to global project spending opportunities, Industrial Info has a database of more than 1,800 operational cement-manufacturing plants. For details, contact Industrial Info's member center at 1-800-762-3361.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.