By Joel Scanlon
Concrete has proved to be an architectural boon for those associated with the construction industry. It is a widely used product today and its market know-how is very essential. Global Information provides latest data after extensive research on this product for various participants.
The latest market research by GII partner publisher BRICdata after extensive market analysis provides information and perception about the cement sectors in the BRIC nations ¡V Brazil, Russia, India and China. It includes extensive analysis, in-depth overview of the regulatory frameworks, trends and drivers that push markets, and complete market size figures for 10 years from 2007 to 2016.
There are also plenty of data about imports and exports from 2007 to 2011; complete information about other contenders and the structure of the sector; investigation inputs about the important participants¡¦ entry into the market, their progress, and operational strategies; and portfolios of the big organizations along with their present and future production capabilities.
Brazil¡¦s cement sector showed a CAGR of 17.56% from 2007 to 2011 and is expected to show a 9.02% CAGR during 2012-2016. Brazil hosting the 2014 FIFA World Cup and the 2016 Olympic Games is expected to drive the infrastructure sector, which will in turn boost the requirements for cement. The Russian cement sector had seen a slump during the recession toward the end of 2008 and it showed a 6.70% CAGR during the review duration.
In India, the cement sector showed a 13.14% CAGR during 2007-2011 and anticipated growth during 2012-2016 is at a 10.64% CAGR. China, the biggest producer and consumer of cement in the world, has a cement industry that is broken down into different sized units. Government support for infrastructure spending will bolster its cement market during the forecast period.