Research and Markets has declared the inclusion of a new report titled "Russian Cement Sector Analysis" to its range of report offerings.
The cement sector of Russia is rated as one among the fastest growing cement production segments globally. The cement industry has outperformed the growth of other industries in the country due to reasons such as increased infrastructure activity, growing demand in housing sector and recovery in construction segment. Also the supportive policies of the government and the industry developments have paved way for the establishment of a number of cement plants in the country.
The report indicates that Russian cement industry has recovered substantially from the outcome of the economic depression that crippled the construction industry and affected the supply of cement. The industry has made its recovery in 2010 and grew studiously due to improving housing construction and steady economic conditions. The research anticipates that the requirement for cement will witness a CAGR of approximately 13% in 2011-2015 periods thus placing Russia as a favored destination for global cement companies to invest.
The research report mentions that the growth in the residential sector has increased the requirement for cement in the country and the per capita cement consumption has increased from 193 kg in 2000 to 352 kg in 2010. Though the per capita growth is not impressive according to global standards the country is forecasted to surpass the 500 kg consumption mark by 2014.
The study completely analyzes the up coming trends and the drivers that can improve the growth of the industry. It also discusses the developments in related segments such as consumption, plant size, amount of import and export, installed capacity and production details to enable the readers to know the market dynamics of the Russian cement industry. The report also provides forecasts based on past challenges and drivers and future expansion opportunities.
Source: http://www.researchandmarkets.com/