World Cement Market

• Publication date: April 2009
• Report size: 917 pages

This report analyzes the worldwide markets for Cement in Thousand Tonnes. The market for “Cement” in this report is analyzed by the following product types - Portland Cement, Blended Cement, and Special/Other Cement. The report provides separate comprehensive analytics for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The market for Cement is also analyzed for select markets (US, France, Germany, Italy, Chi...

This report analyzes the worldwide markets for Cement in Thousand Tonnes. The market for “Cement” in this report is analyzed by the following product types - Portland Cement, Blended Cement, and Special/Other Cement. The report provides separate comprehensive analytics for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The market for Cement is also analyzed for select markets (US, France, Germany, Italy, China, India, and South Africa) by the following construction sectors - Residential Building Construction, Non-residential Building Construction, and Non-building Construction. In addition, analysis for two major ‘Cement’ markets, including China and India, includes market estimates and forecasts by the following five markets - Ready-mix Concrete Producers, Concrete Products Producers, Construction Contractors, consumers, and Others. Annual forecasts are provided for each region for the period of 2006 through 2015. A five-year historic analysis is also provided for these markets. The report profiles 480 companies including many key and niche players worldwide such as Aditya Birla Group, Buzzi Unicem SpA, CEMEX S.A.B. DE C.V., Cimentos de Portugal SGPS SA., CRH, HeidelbergCement AG, Holcim Ltd., Italcementi S.P.A, Lafarge North America, Inc., Lafarge S.A., Orascom Cement, Siam Cement Public Company Limited, St. Lawrence Cement Group, Sumitomo Osaka Cement Co. Ltd., Taiheiyo Cement Corporation, and Votorantim Cimentos Ltda. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

Global Building Material Industry

CEMENT
A GLOBAL STRATEGIC BUSINESS REPORT MCP-1563


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Portland Cement I-3
Blended Cement I-3
Special / Other Cements I-3


II. EXECUTIVE SUMMARY

1. Industry Overview II-1
Introduction II-1
Table 1: Worldwide Leading Consumers of Cement by Country (in
‘000 tonnes): 2003-2008E (includes corresponding Graph/
Chart) II-1
Market Overview II-2
Emerging Economies for Sustainable Growth II-2
Developed Economies in Need of a Rebound II-3
Portland to Stay Strong, Blended to Make Progress II-3
Ready-Mix Concrete to Lead Demand II-4
Production Dynamics II-4
Table 2: Worldwide Cement Production by Region (in ‘000
tonnes): 2003-2008E (includes corresponding Graph/Chart) II-5

Table 3: Worldwide Cement Production by Region: Percentage
Share Breakdown for 2007 and 2008E (includes corresponding
Graph/Chart) II-5

Table 4: Worldwide Leading Producers of Cement by Country (in
‘000 tonnes): 2003- 2008E (includes corresponding
Graph/Chart) II-6

Table 5: Worldwide Leading Producers of Cement by Country:
Percentage Share Breakdown for 2007 and 2008E (includes
corresponding Graph/Chart) II-7
Global Cement Capacity II-7
Table 6: Worldwide Cement Production Capacity (in Million
Tonnes): 2003-2012F (includes corresponding Graph/Chart) II-8
Per Capita Cement Consumption II-8
Table 7: Per Capita Cement Consumption (in Kgs): 2007 II-9
Industry Structure II-9
The Feisty Five II-9
Table 8: Global Cement Market - Percentage Share Breakdown by
Leading Cement Companies including Lafarge, Holcim, Cemex,
HeidelbergCement, and Italcementi: 2007 and 2008E (includes
corresponding Graph/Chart) II-10

2. Market Trends II-11
East Asia, the Middle East - The Emerging Production Base II-11
Markets Up for Grabs II-11
Emergence Through Consolidation and Vertical Integration II-12
The Drive Towards Energy Efficiency II-12

3. Product Overview II-13
Cement Production II-13
Capital-Intensive II-14
Energy-Intensive II-14
Low Labour-Intensive II-14
Cement Types II-14
Portland Cement II-15
Portland Cement Standards II-15
Portland Cement Types II-15
Ordinary Portland Cement II-15
Moderate Sulfate Resistance Cement II-15
Rapid Hardening Cement II-16
Low Heat of Hydration Cement II-16
High Sulfate Resistance Cement II-16
Air-entraining Portland Cement II-16
Blended Cement II-17
Blended Cement Standards II-17
The European EN 197-1 Specifications for Composite Cements II-18
Blended Cement Types II-19
Portland Blast Furnace Slag Cement II-19
Portland Silica Fume Cement II-19
Portland Pozzolana Cement II-19
Portland Flyash Cement II-20
Pozzolana Cement II-20
Special / Other Cements II-20
Masonry Cement II-20
Expansive Cements II-20
High Alumina Cement II-21
White Cements II-21
Colored Cements II-21
Water Proof Cement II-21
Eco Cement II-21

4. Cement Markets II-22
Ready-mix Concrete Producers II-22
Concrete Products Producers II-22
Other Markets II-23

5. Cement End-Users II-24
Residential Building Construction II-24
Non-residential Building Construction II-24
Non-building Construction II-24

6. Environmental Concerns and Considerations II-25
Pollution II-25
Global Warming II-25
Cement Sustainability Initiative - A Solution in Sight II-25

7. Recent Industry Activity II-26
Lafarge Completes Orascom Cement Acquisition II-26
ASEC Cement Acquires 35% Stake in Zahana Cement II-26
Holcim Increases Stake in ACC II-27
ACC Acquires Stake in Alcon II-27
CPC Acquires Business Assets of IMIX II-27
CPC Takes Over SSMC Holding Corp. II-27
Venezuela Acquires Cemex’s Operations II-27
CPC Takes Over Union Asphalt II-28
Eurocement Acquires Minor Stake in Holcim II-28
Lafarge Acquires Minority Interest in Meftah Cement Plant II-28
Heidelberg Merges Indian Subsidiaries with Mysore Cements II-28
Titan Group Acquires 50% Stake in Adocim Cimento II-29
Votorantim Cement Acquires Minority Stake in Cementos Bío Bío II-29
Hilal Takes Over Gulf Readymix II-29
Unicon Completes Acquisition of Kudsk & Dahl II-30
Hilal Cement Acquires Kuwait German Readymix II-30
China Shuangji Acquires Zhaoyuan Shuangji II-30
Ash Grove Cement Completes Holliday Sand Acquisition II-30
Alexandria Portland Acquires Titan Baton II-31
Holcim to Acquire Remaining Stake in ACIL II-31
Mitsubishi Acquires Robertson's Ready Mix II-31
PJ Corporation Acquires HC Asia Holding II-31
Lafarge Acquires Memphis Cement Terminal II-31
Vicat Group Takes Over Walker Group II-32
OCI Acquires Stake in Sangwon Cement II-32
Vulcan Materials Takes Over Florida Rock Industries II-33
ASEC Cement Holding Gains Majority Stake in GRD Cement II-33
Rinker Materials Completes Two Acquisitions II-33
Cemco Acquires Further Stake in Holcim II-34
Holcim Acquires Additional Shareholding in Serbian Unit II-34
Shuangma Cement to Acquire Stake in Dujiangyan Lafaji II-34
CRH to Take Over 26% Stake in Yatai Cement II-35
Titan Cement Acquires Shareholding in Henan Tianrui II-35
Huaxin Cement Concludes Capital Increase to Holcim II-35
D.G. Khan Cement to Acquire Pioneer Cement II-35
Holcim Spain to Acquire Tarmac Iberia II-35
RATM to Acquire Mika-Cement II-36
Dangote Cement to Acquire Sinoma’s Cement Plants II-36
Binani Cement to Acquire an African Cement Company II-36
ADAG Plans Acquisitions to Enter Cement Market II-36
Votorantim Merges with Prairie II-37
Holcim Vietnam and Cotec to Merge II-37
Jaykaycem to Merge with JK Cement II-37
Socam Announces Joint Venture with Lafarge II-37
Italcementi Enters Joint Venture to Construct Cement Plant II-38
Ecocem and ArcelorMittal Sign Agreement for Joint Company II-38
Vicat Group Joins Sagar Cements in Joint Venture II-38
SAIL and JAL Announce Joint Venture for Cement Production II-38
Iraq Inks Joint Venture Agreement to Up Cement Capacity II-39
Iran and Algeria Ink Agreement to Establish Cement Plant II-39
HeidelbergCement, Italcementi Sign Licensing Agreement II-39
Lafarge and C.B.M.I. Sign Agreement II-40
Ciments Français and Muhaidib Partner for New Cement Venture II-40
Dalian Dongtai Signs Agreement with Xiaoyetian Cement II-40
S.M. Wilson Secures Continental Cement Contract II-40
Sri Lanka to Award Cement Plant Contract to Aditya Birla Group II-41
Birla Signs MoU to Set-up Cement Unit II-41
Global Investment Enters into an Agreement with Bina Holding II-41
FLSmidth Secures Contract for Cement Line II-41
United Cement Signs Import Contracts II-42
JK Lakshmi Cement Establishes 3 RMC Plants in Gujarat II-42
Ohorongo Cement Constructs New Cement Plant II-42
ACC to Scale-Up RMC Business II-42
Holcim Hungaria to Construct Cement Facility II-43
Asia Cement Commences Cement Plant Construction II-43
Lafarge to Expand Business in Syria II-43
Derba Midroc Commences Cement Production II-43
Lafarge to Expand Indian Cement Production Capacity II-43
India Cements to Augment Capacity II-43
Lafarge to Commerce Operations at Indian Plant II-44
Binani Cement to Double Capacity II-44
Prakash Industries Announces New Cement Plant in India II-44
Votorantim Builds New Production Line II-44
Cimpor Cimentos to Build New Cement Plant II-45
SCG Cement Inaugurates New Cement Plant in Cambodia II-45
New Cement Factory Planned in Yemen II-45
Holcim Romania Commissions New Kiln Line II-45
Cementos Yura to Step Up Cement Production Capacity II-45
Huarun Cement Begins First Phase Construction II-46
New Cement Plant Proposed for Athi River II-46
Holcim to Expand Cement Plant in Boyaca Department II-46
Votorantim Cimentos to Expand Brazilian Cement Distribution
Operations II-46
Indocement and SG Plan to Increase Cement Production II-47
Ispat to Establish New Cement Plant II-47
Bastas Cimento Adds New Production Line II-47
Deccan Cements Announces Capacity Expansion Underway II-47
Binani Cement Expands Production Capacity in China II-48
Orient Paper to Expand Cement Business II-48
JSW Cement to Expand Cement Business II-48
Semen Bosowa to Increase Cement Production Capacity II-49
Dalmia Cement to Expand Production Capacity II-49
Binani Cement to Set up International Subsidiary II-49
Cessa to Augment Cement Production Capacity II-49
An Phu Cement to Build a Cement Plant II-50
Schwenk Group to Set up Cement Plant in Namibia II-50
Star Cement Announces Cement Capacity Expansion II-50
Sephaku Cement and Dangote Cement to Build Cement Plant in
South Africa II-50
The 1st Lao Cement Plant to Enhance Cement Production Capacity II-50
Binani and Mysore Cements to Set Up Two Cement Projects II-51
Cimentos de Portugal to Undertake Capacity Expansion II-51
JSW to Build Cement Plant in West Bengal II-51
Jaypee Group Launches Sixth Cement Plant in Haryana II-52
Vicat Group and Kazkommerts Break Ground for New Cement Plant II-52
Binani Cement Adds New Grinding Unit II-52
Vicat Commissions New Kiln in Egypt II-52
New Cement Plant Proposed in Dhamar Province in Yemen II-53
BBMG to Raise Funds Through Initial Public Offering II-53
Votorantim Cement Opens New Distribution Center II-53
Cemex to Sell Subsidiaries II-53
Cemex Plans Select Assets Divestment II-53
Pretoria Portland Divests Stake in Company II-54
Grasim Divests Stake in Shree Digvijay Cement II-54
Lafarge Divests Stake in Lafarge Titan to Titan II-54
Italcementi to Sell Assets to Sibirskiy II-55
Strabag to Withdraw from Cement Joint Venture II-55
HeidelbergCement Acquires Hanson II-55
Holcim Acquires St. Lawrence Cement II-56
Italcementi Acquires the Entire Fuping Cement II-56
Suez Cement Ups Stake in Hilal Cement II-56
Cimpor Acquires Majority Stake in Cementos Otorongo II-56
CRH Acquires Harbin Sanling Cement Plant in China II-56
JK Cement Acquires Nihon Nirman II-57
CMS Cement Acquires Sarawak Clinker II-57
Mitica Acquires Minority Stake in Titan Cement II-57
CRH Completes Cementbouw Acquisition II-57
Hydra Properties Acquires Minority Stake in RAK Cement II-58
Binani Cement Acquires Minority Stake in Chinese Plant II-58
Cemex Acquires Rinker II-58
CRH Acquires Stake in Denizli Cement and Paver Systems II-58
Granite Construction Takes Over Raisch Products II-59
Interbeton to Acquire Domiki Beton II-59
India Cements and Visaka Cement Complete Merger II-59
Aalborg Portland Group Forms Joint Venture with BMT II-59
SAIL and Jaiprakash Associates Form Joint Venture II-59
OCI and Khayyat Group Announce Joint Venture II-60
Strabag to Form Joint Venture with BaselCement II-60
Binani to Establish Cement Joint Venture with Nalco II-61
Lafarge Yunnan Government and Sign Cooperation Agreement II-61
Titan Subsidiary Signs Turnkey Contract for New Cement Plant II-61
ACC Enters into Agreement with Shiva Cement II-61
UNICEM to Commence Cement Production II-62
JSW Group to Enter into Cement Production II-62
Union Cement and Gulf Cement Complete Capacity Expansion II-62
Lafarge Shui On Announces New Production Line Inauguration II-63
CEMEX Undertakes Expansion of Bayano Plant II-63
CEMEX to Establish New Plant in Arizona II-63
Votorantim to Set Up New Cement Factory II-64
Cemex Divests U.S. Assets to CRH II-64
Taiheiyo Cement to Liquidate Kashima Remicon Group Companies II-64
Gujarat Ambuja Divests Minority Stake in Ambuja Cement II-64
Vietnam Machinery Company Constructs Cement Factory II-64
Portland Launches Expansion Project to Double Cement
Production Capacity II-65
Nghi Son to Build Cement Distribution Terminal II-65
Ambuja Cement to Double Capacity of Solan Plant II-65
Binani Cement Starts Production at Grinding Unit II-65
Ash Grove Cement Begins Construction of New Plant in Arkansas II-65
Burnpur Cement to Expand Capacity and Product Portfolio II-66
ASEC to Set Up Grey Cement Unit in Egypt II-66
Aditya Birla Group to Expand Cement Production Capacity II-66
Suez Cement Group Expands Operations in Ready-mix Concrete II-66
JK Lakshmi to Expand Cement and Ready-Mix Concrete Business II-67
Nghi Son to Build Second Production Line for Cement Plant II-67
PPC to Expand Gaborone Facilities II-67
Lehigh Cement to Expand and Modernize Cement Plant II-67
OCI Announces Construction of Greenfield Cement Plant II-68
OCI Establishes New Cement Plant II-68
HeidelbergCement Brings New Cement Plant On Stream in China II-69
Votorantim Announces Brazilian Plant Expansion Program II-69
PPC to Expand and Upgrade Inland Cement Milling Project II-69
CEMEX to Build Cement Manufacturing Plant in Arizona II-70
HeidelbergCement to Divest Cement Companies to Damnaz Cement II-70

8. Product Launches II-71
Taiheiyo Cement Introduces Grand Premium Cement II-71
Derba Midroc Introduces Dejen Cement II-71
CEMEX Expands Cement Portfolio with Two New Products II-71
Orient Cement Introduces Birla Excel II-71

9. Focus on Select Players II-72
Aditya Birla Group (India) II-72
Buzzi Unicem SpA (Italy) II-72
Table 9: Buzzi Unicem Cement Manufacturing Plants and Cement
Manufacturing Capacity (in ‘000 tonnes): 2007 (includes
corresponding Graph/Chart) II-73
CEMEX S.A.B. DE C.V. (Mexico) II-73
Cimentos de Portugal SGPS SA. (Portugal) II-74
CRH (Ireland) II-74
HeidelbergCement AG (Germany) II-74
Holcim Ltd. (Switzerland) II-74
Italcementi S.P.A (Italy) II-75
Lafarge North America, Inc. (US) II-75
Lafarge S.A. (France) II-75
Orascom Cement (Egypt) II-76
Siam Cement Public Company Limited (Thailand) II-77
St. Lawrence Cement Group (Canada) II-77
Sumitomo Osaka Cement Co. Ltd. (Japan) II-77
Taiheiyo Cement Corporation (Japan) II-77
Votorantim Cimentos Ltda. (Brazil) II-78

10. Global Market Perspective II-79
Table 10: World Recent Past, Current & Future Analysis for
Cement by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific, Latin America and Middle East & Africa Markets
Independently Analyzed with Annual Demand in Thousand Tonnes
for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-79

Table 11: World 10-Year Perspective for Cement by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific, Latin
America and Middle East & Africa Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years 2006,
2009, and 2015 (includes corresponding Graph/Chart) II-80

Table 12: World Historic Review Analysis for Cement by
Geographic Region - US, Canada, Japan, Europe, Asia- Pacific,
Latin America and Middle East & Africa Markets Independently
Analyzed with Demand in Thousand Tonnes for Years 2001 through
2005 (includes corresponding Graph/Chart) II-81
Cement Demand by Cement Type II-82
Table 13: World Recent Past, Current & Future Analysis for
Portland Cement by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific, Latin America and Middle East & Africa
Markets Independently Analyzed with Annual Demand in Thousand
Tonnes for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-82

Table 14: World 10-Year Perspective for Portland Cement by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific,
Latin America and Middle East & Africa Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years 2006,
2009, and 2015 (includes corresponding Graph/Chart) II-83

Table 15: World Historic Review Analysis for Portland Cement
by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific, Latin America and Middle East & Africa Markets
Independently Analyzed with Demand in Thousand Tonnes for
Years 2001 through 2005 (includes corresponding Graph/Chart) II-84

Table 16: World Recent Past, Current & Future Analysis for
Blended Cement by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific, Latin America and Middle East & Africa
Markets Independently Analyzed with Annual Demand in Thousand
Tonnes for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-85

Table 17: World 10-Year Perspective for Blended Cement by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific,
Latin America and Middle East & Africa Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years 2006,
2009, and 2015 (includes corresponding Graph/Chart) II-86

Table 18: World Historic Review Analysis for Blended Cement by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific,
Latin America and Middle East & Africa Markets Independently
Analyzed with Demand in Thousand Tonnes for Years 2001 through
2005 (includes corresponding Graph/Chart) II-87

Table 19: World Recent Past, Current & Future Analysis for
Special / Other Cement by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific, Latin America and Middle East &
Africa Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2006 through 2015 (includes
corresponding Graph/Chart) II-88

Table 20: World 10-Year Perspective for Special / Other Cement
by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific, Latin America and Middle East & Africa Markets
Independently Analyzed with Annual Demand in Thousand Tonnes
for Years 2006, 2009, and 2015 (includes corresponding
Graph/Chart) II-89

Table 21: World Historic Review Analysis for Special / Other
Cement by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific, Latin America and Middle East & Africa Markets
Independently Analyzed with Demand in Thousand Tonnes for
Years 2001 through 2005 (includes corresponding Graph/Chart) II-90
Cement Demand by End-use Sector II-91
Table 22: World Recent Past, Current & Future Analysis for
Cement Demand in Residential Sector by Select Geographic
Markets - China, India, US, Italy, France, Germany, South
Africa Independently Analyzed with Annual Demand in Thousand
Tonnes for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-91

Table 23: World Recent Past, Current & Future Analysis for
Cement Demand in Non-Residential Sector by Select Geographic
Markets - China, India, US, Italy, France, Germany, South
Africa Independently Analyzed with Annual Demand in Thousand
Tonnes for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-91

Table 24: World Recent Past, Current & Future Analysis for
Cement Demand in Non-Building Sector by Select Geographic
Markets - China, India, US, Italy, France, Germany, South
Africa Independently Analyzed with Annual Demand in Thousand
Tonnes for Years 2006 through 2015 (includes corresponding
Graph/Chart) II-92


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Industry Overview III-1
Market Overview III-2
Market Outlook III-2
Residential Construction the Worst Hit III-3
Non-residential and Non-building Construction Suffers III-3
Construction Starts Slow Cement Demand III-3
Table 25: US Construction Starts (in US$ billion):
2006-2009E (includes corresponding Graph/Chart) III-4
The Price Factor III-4
Capacity Expansions to Sustain Long-term Growth III-4
A Key Import Market III-5
Cement Trade III-5
Table 26: US Cement Trade Statistics (in '000 metric tons):
2006, 2007, and 2008E (includes corresponding Graph/Chart) III-5

Table 27: US Hydraulic Cement Imports by Ten Leading
Countries of Origin: Jan-Sep 2008 (includes corresponding
Graph/Chart) III-6

Table 28: US White Cement Imports by Leading Countries of
Origin: Jan-Sep 2008 (includes corresponding Graph/Chart) III-7

Table 29: US Cement Imports by Ten Leading Countries of
Origin (in US$ '000): 2006 and 2007 (includes corresponding
Graph/Chart) III-8

Table 30: US Cement Exports by Ten Leading Countries of
Destination (in US$ '000): 2006 and 2007 (includes
corresponding Graph/Chart) III-9
Escalating Energy Costs Worries Cement Makers III-9
Cement Industry Concerns III-9
Leading Cement Makers III-10
Key Players III-10
Buzzi Unicem USA III-10
ESSROC Cement Corporation III-10
Lafarge North America, Inc. III-10
Texas Industries Inc. III-10
Strategic Corporate Developments III-11
CPC Acquires Business Assets of IMIX III-11
CPC Takes Over SSMC Holding Corp. III-11
CPC Takes Over Union Asphalt III-11
Votorantim Merges with Prairie III-11
Vulcan Materials Company Takes Over Florida Rock Industries III-12
Rinker Materials Completes Two Acquisitions III-12
Ash Grove Cement Completes Holliday Sand Acquisition III-13
Mitsubishi Acquires Robertson's Ready Mix III-13
Lafarge Acquires Memphis Cement Terminal III-13
Vicat Group Takes Over Walker Group III-14
S.M. Wilson Secures Continental Cement Contract III-14
Granite Construction Takes Over Raisch Products III-15
Ash Grove Cement Begins Construction of New Plant in Arkansas III-15
CEMEX to Establish New Plant in Arizona III-15
Lehigh Cement to Expand and Modernize Cement Plant III-15
CEMEX to Build Cement Manufacturing Plant in Arizona III-16
Cemex Divests U.S. Assets to CRH III-16
B.Market Analytics III-16
Table 31: US Recent Past, Current & Future Analysis for
Cement by Product Segment - Portland Cement, Blended Cement,
and Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-16

Table 32: US 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-17

Table 33: US Historic Review for Cement by Product Segment -
Portland Cement, Blended Cement, and Special/Other Cement
Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-17

Table 34: US Recent Past, Current & Future Analysis for
Cement by End-use Sectors - Residential Building,
Non-Residential Building, and Non-building Construction
Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-18

Table 35: US 10-Year Perspective for Cement by End-use
Sector - Percentage Breakdown of Annual Demand for
Residential Building, Non-Residential Building, and
Non-building Construction Markets for 2006, 2009 and 2015
(includes corresponding Graph/Chart) III-18

2. Canada III-19
A.Market Analysis III-19
Industry Overview III-19
Market Overview III-19
Exports and Imports III-19
Table 36: Canadian Cement Exports by Leading Countries of
Destination (in US$ million): 2003-2006 (includes
corresponding Graph/Chart) III-20

Table 37: Canadian Cement Imports by Leading Countries of
Origin (in US$ ‘000): 2003-2006 (includes corresponding
Graph/Chart) III-20
Canadian Exports Face Threat from Emerging Asian Markets III-21
Strategic Corporate Development III-21
Holcim Acquires St. Lawrence Cement III-21
B.Market Analytics III-21
Table 38: Canadian Recent Past, Current & Future Analysis
for Cement by Product Segment - Portland Cement, Blended
Cement, and Special/Other Cement Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years
2006 through 2015 (includes corresponding Graph/Chart) III-21

Table 39: Canadian 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-22

Table 40: Canadian Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/Other
Cement Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-22

3. Japan III-23
A.Market Analysis III-23
Market Overview III-23
Industry Overview III-23
Trade III-23
Table 41: Japanese Cement Exports by Country of Destination
(in ‘000 tonnes): 2006 and 2007 (includes corresponding
Graph/Chart) III-24
Key Players III-24
Sumitomo Osaka Cement Co. Ltd. III-24
Taiheiyo Cement Corporation III-24
Strategic Corporate Development III-25
Taiheiyo Cement to Liquidate Kashima Remicon Group Companies III-25
B.Market Analytics III-25
Table 42: Japanese Recent Past, Current & Future Analysis
for Cement by Product Segment - Portland Cement, Blended
Cement, and Special/Other Cement Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years
2006 through 2015 (includes corresponding Graph/Chart) III-25

Table 43: Japanese 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-26

Table 44: Japanese Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/Other
Cement Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-26

4. Europe III-27
A.Market Analysis III-27
Market Overview III-27
Table 45: European Cement Production by Leading Cement
Producing Countries (in ‘000 tonnes): 2003 - 2007 (includes
corresponding Graph/Chart) III-27
Table 46: Per Capita Cement Consumption: 2007 (includes
corresponding Graph/Chart) III-28
Key Players III-28
Buzzi Unicem SpA (Italy) III-28
Table 47: Buzzi Unicem Cement Manufacturing Plants and
Cement Manufacturing Capacity (in ‘000 tonnes): 2007
(includes corresponding Graph/Chart) III-29
Cimentos de Portugal SGPS SA. (Portugal) III-29
CRH (Ireland) III-29
HeidelbergCement AG (Germany) III-30
Holcim Ltd. (Switzerland) III-30
Italcementi S.P.A (Italy) III-30
Lafarge S.A. (France) III-31
Strategic Corporate Developments III-31
Eurocement Acquires Minor Stake in Holcim III-31
Titan Group Acquires 50% Stake in Adocim Cimento III-32
Holcim Hungaria to Construct Cement Facility III-32
Holcim Romania Commissions New Kiln Line III-32
Vicat Group and Kazkommerts Break Ground for New Cement Plant III-32
Bastas Cimento Adds New Production Line III-33
Ecocem and ArcelorMittal Sign Agreement for Joint Company III-33
Strabag to Withdraw from Cement Joint Venture III-33
Italcementi to Sell Assets to Sibirskiy III-33
HeidelbergCement Acquires Hanson III-34
Interbeton to Acquire Domiki Beton III-34
Mitica Acquires Minority Stake in Titan Cement III-34
CRH Completes Cementbouw Acquisition III-34
Titan Subsidiary Signs Turnkey Contract for New Cement Plant III-34
Strabag to Form Joint Venture with BaselCement III-35
B.Market Analytics III-35
Table 48: European Recent Past, Current & Future Analysis
for Cement by Region - France, Germany, Italy, UK, Spain,
Russia, Turkey and Rest of Europe Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years
2006 through 2015 (includes corresponding Graph/Chart) III-35

Table 49: European 10-Year Perspective for Cement by Region
- Percentage Breakdown of Annual Demand for France, Germany,
Italy, UK, Spain, Russia, Turkey and Rest of Europe Markets
for 2006, 2009 and 2015 (includes corresponding Graph/Chart) III-36

Table 50: European Historic Review for Cement by Region -
France, Germany, Italy, UK, Spain, Russia, Turkey and Rest
of Europe Markets Independently Analyzed with Annual Demand
in Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-37

Table 51: European Recent Past, Current & Future Analysis
for Cement by Product Segment - Portland Cement, Blended
Cement, and Special/Other Cement Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years
2006 through 2015 (includes corresponding Graph/Chart) III-38

Table 52: European 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-38

Table 53: European Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/Other
Cement Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-39

4a. France III-40
A.Market Analysis III-40
Market Overview III-40
B.Market Analytics III-40
Table 54: French Recent Past, Current & Future Analysis for
Cement by Product Segment - Portland Cement, Blended Cement,
and Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-40

Table 55: French 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-41

Table 56: French Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/Other
Cement Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-41

Table 57: French Recent Past, Current & Future Analysis for
Cement by End-use Sectors - Residential Building,
Non-Residential Building, and Non-building Construction
Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-42

Table 58: French 10-Year Perspective for Cement by End-use
Sector - Percentage Breakdown of Annual Demand for
Residential Building, Non-Residential Building, and
Non-building Construction Markets for 2006, 2009 and 2015
(includes corresponding Graph/Chart) III-42

4b. Germany III-43
A.Market Analysis III-43
Market Overview III-43
Trade III-43
Table 59: German Cement Imports by Leading Country of
Origin (in '000 tonnes) (includes corresponding
Graph/Chart) III-44
B.Market Analytics III-45
Table 60: German Recent Past, Current & Future Analysis for
Cement by Product Segment - Portland Cement, Blended Cement,
and Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-45

Table 61: German 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-45

Table 62: German Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/Other
Cement Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-46

Table 63: German Recent Past, Current & Future Analysis for
Cement by End-use Sectors - Residential Building,
Non-Residential Building, and Non-building Construction
Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-47

Table 64: German 10-Year Perspective for Cement by End-use
Sector - Percentage Breakdown of Annual Demand for
Residential Building, Non-Residential Building, and
Non-building Construction Markets for 2006, 2009 and 2015
(includes corresponding Graph/Chart) III-47

4c. Italy III-48
A.Market Analysis III-48
Market Overview III-48
B.Market Analytics III-48
Table 65: Italian Recent Past, Current & Future Analysis for
Cement by Product Segment - Portland Cement, Blended Cement,
and Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-48

Table 66: Italian 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-49

Table 67: Italian Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/Other
Cement Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-49

Table 68: Italian Recent Past, Current & Future Analysis for
Cement by End-use Sectors - Residential Building,
Non-Residential Building, and Non-building Construction
Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-50

Table 69: Italian 10-Year Perspective for Cement by End-use
Sector - Percentage Breakdown of Annual Demand for
Residential Building, Non-Residential Building, and
Non-building Construction Markets for 2006, 2009 and 2015
(includes corresponding Graph/Chart) III-50

4d. United Kingdom III-51
A.Market Analysis III-51
Market Overview III-51
B.Market Analytics III-51
Table 70: UK Recent Past, Current & Future Analysis for
Cement by Product Segment - Portland Cement, Blended Cement,
and Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-51

Table 71: UK 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-52

Table 72: UK Historic Review for Cement by Product Segment -
Portland Cement, Blended Cement, and Special/Other Cement
Markets Independently Analyzed with Annual Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-52

4e. Spain III-53
A.Market Analysis III-53
Market Overview III-53
B.Market Analytics III-54
Table 73: Spanish Recent Past, Current & Future Analysis for
Cement by Product Segment - Portland Cement, Blended Cement,
and Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-54

Table 74: Spanish 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-54

Table 75: Spanish Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/
Other Cement Markets Independently Analyzed with Annual
Demand in Thousand Tonnes for Years 2001 through 2005
(includes corresponding Graph/Chart) III-55

4f. Russia III-56
A.Market Analysis III-56
Industry Overview III-56
Market Overview III-56
Market Outlook III-56
Construction Industry Boom III-57
Capacity Expansion Underway III-57
Table 76: Concentration of Cement Production Capacity
Between EuroCement, Itera/BazEl, Inteko, Lafarge,
HeidelbergCement, Dyckerhoff, and Others: 2011 (includes
corresponding Graph/Chart) III-58
Import Duty Cut Creates Stir III-58
Turkish Suppliers Flood Russian Market III-58
Table 77: Russian Cement Imports (in ‘000 tonnes): 2008E (
includes corresponding Graph/Chart) III-59
B.Market Analytics III-59
Table 78: Russian Recent Past, Current & Future Analysis for
Cement by Product Segment - Portland Cement, Blended Cement,
and Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-59

Table 79: Russian 10-Year Perspective for Cement by Product
Segment - Percentage Breakdown of Annual Demand for Portland
Cement, Blended Cement, and Special/Other Cement Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-60

Table 80: Russian Historic Review for Cement by Product
Segment - Portland Cement, Blended Cement, and Special/
Other Cement Markets Independently Analyzed with Annual
Demand in Thousand Tonnes for Years 2001 through 2005
(includes corresponding Graph/Chart) III-60

4g. Turkey III-61
A.Market Analysis III-61
Turkish Cement Demand Slows Down III-61
Turkey Plans Cement Exports to Beat Domestic Slowdown III-61
Table 81: Turkish Cement Exports by Country of Destination
including Iraq, Russia, Syria, Spain, Italy, France,
Israel, US and Albania (in ’000 tonnes): 2007 (includes
corresponding Graph/Chart) III-62
B.Market Analytics III-62
Table 82: Turkish Recent Past, Current & Future Analysis for
Cement Market with Annual Demand in Thousand Tonnes for
Years 2006 through 2015 (includes corresponding Graph/Chart) III-62

Table 83: Turkish Historic Review for Cement Market with
Annual Demand in Thousand Tonnes for Years 2001 through 2005
(includes corresponding Graph/Chart) III-63

4h. Rest of Europe III-64
A.Market Analysis III-64
Market Overview III-64
Romania to Build New Capacity III-64
Belarus to Focus on Expanding Cement Production III-64
B.Market Analytics III-65
Table 84: Rest of Europe Recent Past, Current & Future
Analysis for Cement by Product Segment - Portland Cement,
Blended Cement, and Special/Other Cement Markets
Independently Analyzed with Annual Demand in Thousand Tonnes
for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-65

Table 85: Rest of Europe 10-Year Perspective for Cement by
Product Segment - Percentage Breakdown of Annual Demand for
Portland Cement, Blended Cement, and Special/Other Cement
Markets for 2006, 2009 and 2015 (includes corresponding
Graph/Chart) III-65

Table 86: Rest of Europe Historic Review for Cement by
Product Segment - Portland Cement, Blended Cement, and
Special/Other Cement Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2001 through 2005
(includes corresponding Graph/Chart) III-66

5. Asia-Pacific III-67
Market Analysis III-67
Table 87: Asia-Pacific Recent Past, Current & Future
Analysis for Cement by Region - China, India, South Korea
and Rest of Asia-Pacific Markets Independently Analyzed with
Annual Demand in Thousand Tonnes for Years 2006 through 2015
(includes corresponding Graph/Chart) III-67

Table 88: Asia-Pacific 10-Year Perspective for Cement by
Region - Percentage Breakdown of Annual Demand for China,
India, South Korea and Rest of Asia-Pacific Markets for
2006, 2009 and 2015 (includes corresponding Graph/Chart) III-68

Table 89: Asia-Pacific Historic Review Analysis for Cement
by Region - China, India, South Korea and Rest of
Asia-Pacific Markets Independently Analyzed with Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-68

Table 90: Asia-Pacific Recent Past, Current & Future
Analysis for Portland Cement by Region - China, India, South
Korea and Rest of Asia-Pacific Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years
2006 through 2015 (includes corresponding Graph/Chart) III-69

Table 91: Asia-Pacific 10-Year Perspective for Portland
Cement by Region - Percentage Breakdown of Annual Demand for
China, India, South Korea and Rest of Asia-Pacific Markets
for 2006, 2009 and 2015 (includes corresponding Graph/Chart) III-69

Table 92: Asia-Pacific Historic Review Analysis for Portland
Cement by Region - China, India, South Korea and Rest of
Asia-Pacific Markets Independently Analyzed with Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-70

Table 93: Asia-Pacific Recent Past, Current & Future
Analysis for Blended Cement by Region - China, India, South
Korea and Rest of Asia-Pacific Markets Independently
Analyzed with Annual Demand in Thousand Tonnes for Years
2006 through 2015 (includes corresponding Graph/Chart) III-71

Table 94: Asia-Pacific 10-Year Perspective for Blended
Cement by Region - Percentage Breakdown of Annual Demand for
China, India, South Korea and Rest of Asia-Pacific Markets
for 2006, 2009 and 2015 (includes corresponding Graph/Chart) III-71

Table 95: Asia-Pacific Historic Review Analysis for Blended
Cement by Region - China, India, South Korea and Rest of
Asia-Pacific Markets Independently Analyzed with Demand in
Thousand Tonnes for Years 2001 through 2005 (includes
corresponding Graph/Chart) III-72

Table 96: Asia-Pacific Recent Past, Current & Future
Analysis for Special / Other Cement by Region - China,
India, South Korea and Rest of Asia-Pacific Markets
Independently Analyzed with Annual Demand in Thousand Tonnes
for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-73

Table 97: Asia-Pacific 10-Year Perspective for Special /
Other Cement by Region - Percentage Breakdown of Annual
Demand for China, India, South Korea and Rest of
Asia-Pacific Markets for 2006, 2009 and 2015 (includes
corresponding Graph/Chart) III-73

Table 98: Asia-Pacific Historic Review Analysis for Special
/ Other Cement by Region - China, India, South Korea and
Rest of Asia-Pacific Markets Independently Analyzed with
Demand in Thousand Tonnes for Years 2001 through 2005