1. Market Research
  2. > Construction
  3. > Building Materials Market Trends

India Cement Industry Report - 2015

  • October 2015
  • 32 pages
  • Emerging Markets Direct Media Holdings
Report ID: 3307167

Summary

Table of Contents

This report profiles India's cement industry, discussing market trends and outlook through 2015 and beyond. The report also highlights leading players in the sector including Ambuja Cements Ltd, UltraTech Cement Ltd and Shree Cement Ltd.



Cement is one of the eight core industries of the Indian economy. As of Dec 2014, India was the world's second largest producer of cement, just behind China. However, per capita cement consumption in India is still amongst the lowest in the world. The vast potential that exists in the industry has attracted investors from all round the world.



FY15 (fiscal year ended March 2015) was a steady year for the Indian cement industry with growth in both production and consumption. However, slowdown in industries and the construction sector constrained growth rates to low single-digits. High interest rates particularly hit the real estate sector, which is the main driver of the construction sector. Cement overcapacity and falling margins have made the situation ripe for industry consolidation. Going forward, a rise in mergers and acquisitions is likely within the sector. FY16 started on a low note with the cement production index growing by only 1.8% y/y in the first five months, mainly due to subdued demand.



India's cement consumption is expected to grow in the years to come, backed by increased political stability and steady growth in housing and infrastructure development. Domestic installed capacity is sufficient to accommodate any rise in consumption.



Key Points:



o During 2006-14, India's cement installed capacity increased at a CAGR of 10%. In FY15, it grew by 7%y/y. The private sector accounted for over 95% of the total capacity, while the remainder came from the government.



o During 2006-14, annual domestic cement consumption grew at a CAGR of 8%, which was less than capacity growth during the same period.



o During 2008-14, the production index for core industries recorded a CAGR of 5.1%. The cement industry outperformed the overall group with a CAGR of 6.6% during the same period. In FY15, the cement industry grew by 5.6%, which was greater than the overall group. However, the cement production index grew by just 1.8% y/y in 5MFY16.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Cement Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 23661
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Cement Markets in the World to 2021 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook for cement ...

Cement Markets in Europe to 2021 - Market Size, Development, and Forecasts

  • $ 12090
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Cement Markets in Europe to 2021 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook for cement ...

Cement Markets in Asia to 2021 - Market Size, Development, and Forecasts

  • $ 9696
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Cement Markets in Asia to 2021 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook for cement ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.