NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/08/08 - With rising demand from the housing sector, increased activity in infrastructure, and construction recovery, cement production will surge at a CAGR of 12% during FY 2012–2014, says RNCOS in its latest research report - RNCOS.com.
According to our research,“Indian Cement Industry Forecast to 2012”, Indian cement industry has outpaced the growth rates of other prominent industries in the country on the back of factors, such as rising demand from the housing sector, increased activity in infrastructure, and construction recovery. Moreover, favorable government support and policies are attracting global cement giants and sparking off a spate of mergers & acquisitions that will spur the growth. We forecast that the cement production in the country will surge at a CAGR of 12% during FY 2012–2014.
Our ongoing analysis found that, Southern Region accounted for the maximum number of large cement plants. Increasing number of cement manufacturers in the region are also encouraging the cement installed capacities. Besides, the report also reveals that the large plants accounted for the major portion of the overall cement production in the country. It is expected that with the increase in number of investment by both international as well as domestic players, the level of cement production will sustain a rapid growth momentum in the years to come.
Further, as per the research report, government's spending on infrastructure projects and other sectors will further fuel the cement demand in the country. This in turn will encourage the players to increase their production capacities.
“Indian Cement Industry Forecast to 2012”, provides an extensive research and objective analysis of the cement industry in India. It thoroughly examines all prominent emerging trends and drivers fueling growth in the industry. The report highlights major segments, such as production, installed capacity, export, import, plant size, and consumption to present clients with valuable information of different aspects of the cement industry. It also throws light on the regional cement demand-supply outlook to help clients understand the market dynamics and get an insight of the industry at the micro level.
Most importantly, the report also presented industry forecasts based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Indian cement industry, which will prove decisive for the clients.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.