US: The Portland Cement Association (PCA) expects that increased demand for air travel will help drive increased cement consumption over the next 25 years. Increased population, economic growth and airport expansion are anticipated to drive the trend according to a new study by the association. Personal, business and cargo levels are all expected to rise.
“With more people traveling by air, you will need more capacity at airports – that means more cement is needed for concrete used in runways, terminals and other airport facilities,” said PCA Chief Economist and Senior Vice President Ed Sullivan.
The PCA expects cement consumption in the airports market to approach 2.4Mt/yr by 2040, with a possible high of 2.6Mt/yr, compared with 1.5Mt/yr at present. Of the estimate 65% will likely be attributed to runway replacement, 23% is projected to runway expansion projects and 11% is expected to be used for new terminal expansion.