U.S. Cement Consumption Expected to Grow 2.8% This Year

Researched by Industrial Info Resources (Sugar Land, Texas)--The Portland Cement Association recently forecast moderate growth in cement consumption in the U.S. of 2.8% in 2018 and 2019, mainly due to an improved economy and increased construction activity. This is not expected to have a significant impact on project spending at cement manufacturing plants in the U.S. With the exception of a few kiln restarts/upgrades, most of the projects being planned are focused on maintenance and small capital improvements. Globally, there is are $130 billion worth of cement manufacturing plant projects, according to Industrial Info. India, China, Indonesia, Vietnam, Russia, Brazil, Egypt, Pakistan, Saudi Arabia and Turkey are the top 10 countries based on total investment value.

Click on the image at right for a graph showing cement projects by country.

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