PRZOOM - /newswire/ -
Noida, Uttar Pradesh, India, 2010/10/14 - The total installed capacity of cement production in India is expected to grow at 10.3% CAGR by 2013-14, RNCOS identified.
According to our research report “Indian Cement Industry Forecast to 2012”, due to a large number of outstanding cement projects in pipeline and with the strong demand by both private and government sectors, the total installed capacity of cement production in India is expected to grow at a CAGR of 10.3% by 2013-14. Tamil Nadu, Andhra Pradesh, and Karnataka will be the major contributors to the high production capacity of the Southern region. In Northern region, Rajasthan, Uttar Pradesh, Madhya Pradesh, and Uttaranchal will support capacity installation developments.
Our study reveals that India is the world’s second largest producer of cement. The Indian cement industry has outpaced the growth rates of other prominent industries in the country, on the back of growing demand from the housing sector, increased activity in infrastructure development, and exports recovery. Recent industry developments and government supportive policies are attracting global cement giants and sparking off a spate of mergers and acquisitions to spur growth. Our research report provides future forecast for cement production till 2013-14.
We have also found that the Indian housing sector accounts for more than 50% of the total cement consumption and the remaining is contributed by the infrastructure sector, including roads, railways, ports, power among others. Demand for cement is directly linked to the country’s economic activities and has a strong correlation with the GDP growth. The study has covered the forecast for cement consumption till 2013-14 and cement demand till 2011-12.
Under the regional level demand-supply analysis segment, we have found that, at the regional level, northern region is leading the country in terms of cement consumption. The report provides a table on capacity utilization indicator by region till 2012-13. Our study on cement pricing reveals that the rapid capacity expansion plans of cement majors may lead to overcapacity situations in future. Our research report provides the cement price trends (Rs/Bag) till Dec 2011. Besides, our report has discussed the emerging market trends, regulatory environment, mergers and acquisitions, trade, plants by size, and key players of industry.
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.