Noida, India (PressExposure) December 24, 2009 -- The global market research leader, RNCOS in its latest research, âIndian Cement Industry Forecast to 2012â, has thoroughly analyzed cement industry market potentials in India. An extensive and conceptual evaluation of the industry exhibited a dynamic market, which has been developing by leaps and bounds even in the wake of global economic slowdown. In order to carry out a balanced market research, we have inspected all the prominent market segments with an unbiased consideration of economic slowdown impacts on the industry.
In our analysis, we have acknowledged several critical trends prevailing in the cement industry and influencing its current as well as future direction. As discussed in the report, housing sector accounts for more than 50% of the total cement consumption in India. The sector will remain the dominant consumer of cement during our forecast period on the back of various supporting factors analyzed thoroughly in the report.
In addition, per capita cement consumption in India was found well below the global average. We expect this per capita consumption gap to recover strongly in coming years on the solid foundations of some crucial trends prevailing in the market.
In our research, we have also identified some market restraints which have been hampering the industry development in past and still have strong potential to affect the future growth prospects. However, the research reveals that industry has equipped itself to tolerate the negative aspects of these hurdles with strong and rapid technological developments.
Our report, âIndian Cement Industry Forecast to 2012â, provides extensive research and thorough analysis of Indian cement industry under all prominent market segments. It facilitates comprehensive market intelligence on the overall production, consumption, installed and additional capacity, trade, etc. Past and current decisive industry trends have been carefully evaluated to provide an overview of future market direction and expected trends likely to follow. A brief overview of key players in the industry has also been included to provide proper competitive landscape analysis.
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