Cement - A Global Market Perspective

1.METHODOLOGY
Study Reliability and Reporting Limitations
Disclaimers
Quantitative Techniques & Reporting Level
2.GLOBAL MARKET OVERVIEW
Introduction
Market Overview
Emerging Economies for Sustainable Growth
Developed Economies in Need of a Rebound
Portland to Stay Strong, Blended to Make Progress
Ready-Mix Concrete to Lead Demand
Production Dynamics
Global Cement Capacity
Per Capita Cement Consumption
Industry Structure
The Feisty Five
3.MARKET TRENDS
East Asia, the Middle East – The Emerging Production Base
Markets Up for Grabs
Emergence Through Consolidation and Vertical Integration
The Drive Towards Energy Efficiency
4.PRODUCT FACTS
Portland Cement
Blended Cement
Special / Other Cements
5.CORPORATE DEVELOPMENTS
Lafarge Completes Orascom Cement Acquisition
Holcim Increases Stake in ACC
ACC Acquires Stake in Alcon
CPC Acquires Business Assets of IMIX
CPC Takes Over SSMC Holding Corp.
Venezuela Acquires Cemex’s Operations
CPC Takes Over Union Asphalt
Eurocement Acquires Minor Stake in Holcim
Lafarge Acquires Minority Interest in Meftah Cement Plant
Heidelberg Merges Indian Subsidiaries with Mysore Cements
Votorantim Cement Acquires Minority Stake in Cementos Bío Bío
Hilal Takes Over Gulf Readymix
Unicon Completes Acquisition of Kudsk & Dahl
Hilal Cement Acquires Kuwait German Readymix
Ash Grove Cement Completes Holliday Sand Acquisition
Alexandria Portland Acquires Titan Baton
Holcim to Acquire Remaining Stake in ACIL
Mitsubishi Acquires Robertson's Ready Mix
Lafarge Acquires Memphis Cement Terminal
Vulcan Materials Takes Over Florida Rock Industries
ASEC Cement Holding Gains Majority Stake in GRD Cement
Rinker Materials Completes Two Acquisitions
Cemco Acquires Further Stake in Holcim
Holcim Acquires Additional Shareholding in Serbian Unit
Shuangma Cement to Acquire Stake in Dujiangyan Lafaji
CRH to Take Over 26% Stake in Yatai Cement
Huaxin Cement Concludes Capital Increase to Holcim
Holcim Spain to Acquire Tarmac Iberia
Dangote Cement to Acquire Sinoma’s Cement Plants
Votorantim Merges with Prairie
Holcim Vietnam and Cotec to Merge
Socam Announces Joint Venture with Lafarge
Italcementi Enters Joint Venture to Construct Cement Plant
Ecocem and ArcelorMittal Sign Agreement for Joint Company
HeidelbergCement, Italcementi Sign Licensing Agreement
Lafarge and C.B.M.I. Sign Agreement
Dalian Dongtai Signs Agreement with Xiaoyetian Cement
Sri Lanka to Award Cement Plant Contract to Aditya Birla Group
Holcim Hungaria to Construct Cement Facility
Lafarge to Expand Business in Syria
Lafarge to Expand Indian Cement Production Capacity
Lafarge to Commerce Operations at Indian Plant
Votorantim Builds New Production Line
SCG Cement Inaugurates New Cement Plant in Cambodia
Holcim Romania Commissions New Kiln Line
Holcim to Expand Cement Plant in Boyaca Department
Votorantim Cimentos to Expand Brazilian Cement Distribution Operations
Indocement and SG Plan to Increase Cement Production
Ispat to Establish New Cement Plant
Star Cement Announces Cement Capacity Expansion
Sephaku Cement and Dangote Cement to Build Cement Plant in South Africa
Cimentos de Portugal to Undertake Capacity Expansion
BBMG to Raise Funds Through Initial Public Offering
Votorantim Cement Opens New Distribution Center
Cemex to Sell Subsidiaries
Cemex Plans Select Assets Divestment
Pretoria Portland Divests Stake in Company
Grasim Divests Stake in Shree Digvijay Cement
Lafarge Divests Stake in Lafarge Titan to Titan
Italcementi to Sell Assets to Sibirskiy
Taiheiyo Cement Introduces Grand Premium Cement
CEMEX Expands Cement Portfolio with Two New Products
HeidelbergCement Acquires Hanson
Holcim Acquires St. Lawrence Cement
Italcementi Acquires the Entire Fuping Cement
Suez Cement Ups Stake in Hilal Cement
CRH Acquires Harbin Sanling Cement Plant in China
JK Cement Acquires Nihon Nirman
CRH Completes Cementbouw Acquisition
Hydra Properties Acquires Minority Stake in RAK Cement
Binani Cement Acquires Minority Stake in Chinese Plant
Cemex Acquires Rinker
CRH Acquires Stake in Denizli Cement and Paver Systems
SAIL and Jaiprakash Associates Form Joint Venture
OCI and Khayyat Group Announce Joint Venture
Binani to Establish Cement Joint Venture with Nalco
Lafarge Yunnan Government and Sign Cooperation Agreement
UNICEM to Commence Cement Production
Lafarge Shui On Announces New Production Line Inauguration
CEMEX Undertakes Expansion of Bayano Plant
CEMEX to Establish New Plant in Arizona
Votorantim to Set Up New Cement Factory
Cemex Divests U.S. Assets to CRH
Taiheiyo Cement to Liquidate Kashima Remicon Group Companies
Gujarat Ambuja Divests Minority Stake in Ambuja Cement
Ash Grove Cement Begins Construction of New Plant in Arkansas
Aditya Birla Group to Expand Cement Production Capacity
Lehigh Cement to Expand and Modernize Cement Plant
OCI Announces Construction of Greenfield Cement Plant
OCI Establishes New Cement Plant
HeidelbergCement Brings New Cement Plant On Stream in China
Votorantim Announces Brazilian Plant Expansion Program
CEMEX to Build Cement Manufacturing Plant in Arizona
HeidelbergCement to Divest Cement Companies to Damnaz Cement
Orient Cement Introduces Birla Excel
6.MAJOR PLAYERS
Aditya Birla Group (India)
Buzzi Unicem SpA (Italy)
CEMEX S.A.B. DE C.V. (Mexico)
Cimentos de Portugal SGPS SA. (Portugal)
CRH (Ireland)
HeidelbergCement AG (Germany)
Holcim Ltd. (Switzerland)
Italcementi S.P.A (Italy)
Lafarge North America, Inc. (US)
Lafarge S.A. (France)
Orascom Cement (Egypt)
Siam Cement Public Company Limited (Thailand)
St. Lawrence Cement Group (Canada)
Sumitomo Osaka Cement Co. Ltd. (Japan)
Taiheiyo Cement Corporation (Japan)
Votorantim Cimentos Ltda. (Brazil)
7.GLOBAL MARKET ANALYTICS
8.THE UNITED STATES
Industry Overview
Market Overview
Market Outlook
Residential Construction the Worst Hit
Non-residential and Non-building Construction Suffers
Construction Starts Slow Cement Demand
The Price Factor
Capacity Expansions to Sustain Long-term Growth
A Key Import Market
Cement Trade
Escalating Energy Costs Worries Cement Makers
Cement Industry Concerns
Leading Cement Makers
9.CANADA
Industry Overview
Market Overview
Exports and Imports
Canadian Exports Face Threat from Emerging Asian Markets
10.JAPAN
Market Overview
Industry Overview
Trade
11.EUROPE
a.France
b.Germany
c.Italy
d.The United Kingdom
e.Spain
f.Russia
g.Turkey
h.Rest of Europe
12.ASIA-PACIFIC
a.China
b.India
c.South Korea
d.Rest of Asia-Pacific
13.LATIN AMERICA
Mexican Cement Consumption Increases
Brazil to Up Cement Capacity
Peru Cement Industry Set to Expand
14.MIDDLE EAST & AFRICA
Market Overview
Iran Cement Market
Saudi Arabia Cement Market
Saudi Arabia: Expansive Capacity Expansions
UAE Cement Market
UAE to Double Cement Capacity by 2011
UAE Cement Imports
GCC Heading Towards Surplus Capacity
GCC Pricing Scenario
Competitive Scenario
Dubai Cement Market
Iraq Cement Market
Egypt: An Emerging Cement Market
South Africa Cement Market
Residential Construction Drives Cement Demand
Exhibits
Table 1: Global Leading Consumers of Cement by Country: 2008E (in ‘000 Tonnes)
Table 2: Worldwide Cement Production by Region: 2008E (in ‘000 Tonnes)
Table 3: Percentage Breakdown of Global Cement Production by Region – 2008E
Table 4: Worldwide Leading Producers of Cement by Country: 2008E (in ‘000 Tonnes)
Table 5: Percentage Breakdown of Leading Global Cement Producers by Country – 2008E
Table 6: Worldwide Cement Production Capacity (in Million Tonnes): 2007-2012F
Table 7: Per Capita Cement Consumption (in Kgs):
Table 8: Percentage Breakdown of Leading Cement Manufacturers in the World – 2008E
Table 9: Global Cement Market by Region for the Period 2007-2015 (Demand in Thousand Tonnes)
Table 10: Percentage Breakdown of Global Cement Market by Region for the Years 2009 &
Table 11: Global Portland Cement Market by Region for the Period 2007-2015 (Demand in Thousand Tonnes)
Table 12: Percentage Breakdown of Global Portland Cement Market by Region for the Years 2009 &
Table 13: Global Blended Cement Market by Region for the Period 2007-2015 (Demand in Thousand Tonnes)
Table 14: Percentage Breakdown of Global Blended Cement Market by Region for the Years 2009 &
Table 15: Global Special / Other Cement Market by Region for the Period 2007-2015 (Demand in Thousand Tonnes)
Table 16: Percentage Breakdown of Global Special / Other Cement Market by Region for the Years 2009 &
Table 17: Global Cement Demand in Residential Sector by Select Geographic Markets for the Period 2007-2015 (Demand in Thousand Tonnes)
Table 18: Global Cement Demand in Non-Residential Sector by Select Geographic Markets for the Period 2007-2015 (Demand in Thousand Tonnes)
Table 19: Global Cement Demand in Non-Building Sector by Select Geographic Markets for the Period 2007-2015 (Demand in Thousand Tonnes)
Table 20: US Construction Starts (in US$ Billion): 2009E
Table 21: US Cement Trade Statistics (in '000 Metric Tons): 2008E
Table 22: US Hydraulic Cement Imports by Ten Leading Countries of Origin: Jan-Sep
Table 23: US White Cement Imports by Leading Countries of Origin: Jan-Sep
Table 24: US Cement Imports by Ten Leading Countries of Origin (in US$ '000):
Table 25: US Cement Exports by Ten Leading Countries of Destination (in US$ '000):
Table 26: Cement Market by Product Segment in the US: 2007-2015 (Demand in Thousand Tonnes)
Table 27: Percentage Breakdown of Cement Market by Product Segment in the US for the Years 2009 &
Table 28: Cement Market by End-Use Sector in the US: 2007-2015 (Demand in Thousand Tonnes)
Table 29: Percentage Breakdown of Cement Market by End-Use Sector in the US for the Years 2009 &
Table 30: Canadian Cement Exports by Leading Countries of Destination: 2006 (in US$ million)
Table 31: Canadian Cement Imports by Leading Countries of Origin (in US$ ‘000):
Table 32: Cement Market by Product Segment in Canada: 2007-2015 (Demand in Thousand Tonnes)
Table 33: Percentage Breakdown of Cement Market by Product Segment in Canada for the Years 2009 &
Table 34: Japanese Cement Exports by Country of Destination (in ‘000 Tonnes):
Table 35: Cement Market by Product Segment in Japan: 2007-2015 (Demand in Thousand Tonnes)
Table 36: Percentage Breakdown of Cement Market by Product Segment in Japan for the Years 2009 &
Table 37: European Cement Production by Leading Cement Producing Countries (in ‘000 Tonnes):
Table 38: Per Capita Cement Consumption: 2007 (In Kgs)
Table 39: Cement Market by Region in Europe: 2007-2015 (Demand in Thousand Tonnes)
Table 40: Percentage Breakdown of Cement Market by Region in Europe for the Years 2009 &
Table 41: Cement Market by Product Segment in Europe: 2007-2015 (Demand in Thousand Tonnes)
Table 42: Percentage Breakdown of Cement Market by Product Segment in Europe for the Years 2009 & 2012.
Table 43: Cement Market by Product Segment in France: 2007-2015 (Demand in Thousand Tonnes)
Table 44: Percentage Breakdown of Cement Market by Product Segment in France for the Years 2009 &
Table 45: Cement Market by End-Use Sector in France: 2007-2015 (Demand in Thousand Tonnes)
Table 46: Percentage Breakdown of Cement Market by End-Use Sector in France for the Years 2009 &
Table 47: German Cement Imports by Leading Country of Origin (in '000 Tonnes) –
Table 48: Cement Market by Product Segment in Germany: 2007-2015 (Demand in Thousand Tonnes)
Table 49: Percentage Breakdown of Cement Market by Product Segment in Germany for the Years 2009 &
Table 50: Cement Market by End-Use Sector in Germany: 2007-2015 (Demand in Thousand Tonnes)
Table 51: Percentage Breakdown of Cement Market by End-Use Sector in Germany for the Years 2009 &
Table 52: Cement Market by Product Segment in Italy: 2007-2015 (Demand in Thousand Tonnes)
Table 53: Percentage Breakdown of Cement Market by Product Segment in Italy for the Years 2009 &
Table 54: Cement Market by End-UseSector in Italy: 2007-2015 (Demand in Thousand Tonnes)
Table 55: Percentage Breakdown of Cement Market by End-Use Sector in Italy for the Years 2009 &
Table 56: Cement Market by Product Segment in the UK: 2007-2015 (Demandin Thousand Tonnes)
Table 57: Percentage Breakdown of Cement Market by Product Segment in the UK for the Years 2009 &
Table 58: Cement Market by Product Segment in Spain: 2007-2015 (Demand in Thousand Tonnes)
Table 59: Percentage Breakdown of Cement Market by Product Segment in Spain for the Years 2009 &
Table 60: Russian Cement Production Capacity Concentration – 2011E
Table 61: Russian Cement Imports (in ‘000 tonnes): 2008E
Table 62: Cement Market by Product Segment in Russia: 2007-2015 (Demand in Thousand Tonnes)
Table 63: Percentage Breakdown of Cement Market by Product Segment in Russia for the Years 2009 &
Table 64: Turkish Cement Exports by Country of Destination (in ’000 tonnes):
Table 65: Cement Market by Product Segment in Turkey: 2007-2015 (Demand in Thousand Tonnes)
Table 66: Cement Market by Product Segment in Rest of Europe: 2007-2015 (Demand in Thousand Tonnes)
Table 67: Percentage Breakdown of Cement Market by Product Segment in Rest of Europe for the Years 2009 &
Table 68: Cement Market by Geographic Region in Asia-Pacific: 2007-2015 (Demand in Thousand Tonnes)
Table 69: Percentage Breakdown of Cement Market by Geographic Region in Asia-Pacific for the Years 2009 &
Table 70: Portland Cement Market by Geographic Region in Asia-Pacific: 2007-2015 (Demand in Thousand Tonnes)
Table 71: Percentage Breakdown of Portland Cement Market by Geographic Region in Asia-Pacific for the Years 2009 &
Table 72: Blended Cement Market by Geographic Region in Asia-Pacific: 2007-2015 (Demand in Thousand Tonnes)
Table 73: Percentage Breakdown of Blended Cement Market by Geographic Region in Asia-Pacific for the Years 2009 &
Table 74: Special / Other Cement Market by Geographic Region in Asia-Pacific: 2007-2015 (Demand in Thousand Tonnes)
Table 75: Percentage Breakdown of Special / Other Cement Market by Geographic Region in Asia-Pacific for the Years 2009 &
Table 76: Chinese Cement Production Statistics (in ’000 Tonnes): 2006 to 2008E
Table 77: Market Shares of Leading Companies in the Chinese Cement Market –
Table 78: China’s Cement Exports (in ‘000 Tonnes):
Table 79: Cement Market by Product Segment in China: 2007-2015 (Demand in Thousand Tonnes)
Table 80: Percentage Breakdown of Cement Market by Product Segment in China for the Years 2009 &
Table 81: Cement Market by End-Use Sector in China: 2007-2015 (Demand in Thousand Tonnes)
Table 82: Percentage Breakdown of Cement Market by End-Use Sector in China for the Years 2009 &
Table 83: Cement Market by User Category in China:2007-2015 (Demand in Thousand Tonnes)
Table 84: Percentage Breakdown of Cement Market by User Category in China for the Years 2009 &
Table 85: Capacity Additions by Select Cement Makers (in million tonnes): FY
Table 86: Market Shares of Leading Companies in the Indian Cement Market -
Table 87: Indian Cement Production Capacity Concentration: FY
Table 88: Cement Market by Product Segment in India: 2007-2015 (Demand in Thousand Tonnes)
Table 89: Percentage Breakdown of Cement Market by Product Segment in India for the Years 2009 &
Table 90: Cement Market by End-Use Sector in India: 2007-2015 (Demand in Thousand Tonnes)
Table 91: Percentage Breakdown of Cement Market by End-Use Sector in India for the Years 2009 &
Table 92: Cement Market by User Category in India: 2007-2015 (Demand in Thousand Tonnes)
Table 93: Percentage Breakdown of Cement Market by User Category in India for the Years 2009 &
Table 94: Cement Market by Product Segment in South Korea: 2007-2015 (Demand in Thousand Tonnes)
Table 95: Percentage Breakdown of Cement Market by Product Segment in South Korea for the Years 2009 &
Table 96: Market Shares of Leading Companies in the Indonesian Cement Market – 2008 (H1)
Table 97: Cement Production Capacity (in ‘000 tonnes) by Company:
Table 98: Cement Market by Product Segment in Rest of Asia-Pacific: 2007-2015 (Demand in Thousand Tonnes)
Table 99: Percentage Breakdown of Cement Market by Product Segment in Rest of Asia-Pacific for the Years 2009 &
Table 100: Cement Market by Product Segment in Latin America: 2007-2015 (Demand in Thousand Tonnes)
Table 101: Percentage Breakdown of Cement Market by Product Segment in Latin America for the Years 2009 &
Table 102: Saudi Arabian Proposed New Capacity Additions (in ‘000 tonnes per annum)
Table 103: UAE Cement Capacity Expansions (in ‘000 tonnes): 2011P
Table 104: Percentage Breakdown of UAE Cement Imports by Leading Country of Origin –
Table 105: Percentage Breakdown of Leading Companies in Saudi Arabian Cement Market by Volume of Cement Production and Sales - 2007
Table 106: Cement Market by Geographic Region in Middle East & Africa: 2007-2015 (Demand in Thousand Tonnes)
Table 107: Percentage Breakdown of Cement Market by Geographic Region in Middle East & Africa for the Years 2009 &
Table 108: Cement Market by Product Segment in Middle East & Africa: 2007-2015 (Demand in Thousand Tonnes)
Table 109: Percentage Breakdown of Cement Market by Product Segment in Middle East & Africa for the Years 2009 &
Table 110: Cement Market by End-Use Sector in South Africa: 2007-2015 (Demand in Thousand Tonnes)
Table 111: Percentage Breakdown of Cement Market by End-Use Sector in South Africa for the Years 2009 &
Companies Profiled