Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
Professional manufacturer of refractory linings for Cement Process - LZ Refractories
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Knowledge Base
  • Members
  • Live
  • Login
  • Advertise
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Contact
News Portland Cement Association forecasts cement demand decline in 2020 and 2021

Portland Cement Association forecasts cement demand decline in 2020 and 2021

Written by Global Cement staff 16 October 2020
  • Print

US: The Portland Cement Association (PCA) has forecasted a fourth-quarter cement demand decline of 1.5% year-on-year in 2020, slowing to 0.9% throughout 2021. It said that all three of its post-coronavirus economic recovery scenarios involved a decline until mid-2021, primarily due to “weak construction sectors specifically within retail, hotel and office” non-residential markets, though in the best-case scenario a vaccine could prompt a recovery in these sectors, reducing total demand decline to 0.1% in the second half of 2021. A worst-case ‘W-shaped’ scenario would result from state governments implementing second lockdowns.

Senior vice president and chief economist Ed Sullivan said, “We think that the gradual sustained recovery – the 'U' – has the largest likelihood, followed by the 'vaccine' scenario. The growth-interrupted 'W' scenario is the least likely. He said that in each case federal spending in the fourth quarter of 2020 and the first quarter of 2021 would be essential “in preventing a deep and prolonged downturn in economic recovery,” as it did in the second and third quarters of 2020.

Last modified on 21 October 2020
Published in Global Cement News
Tagged under
  • US
  • Portland Cement Association
  • Forecast
  • coronavirus
  • GCW478

Related items

  • Phoenix Cement Company installing fly ash beneficiation plant at Utah power plant
  • Texas state government declines to hold hearing over Holcim US’s Midlothian cement plant petcoke licence
  • Cemex USA to supply 90,700t of cement for US’s longest ring road
  • Dalmia Cement among Indian companies tightening safety measures amid second coronavirus spike
  • Power shortages hamper Nepali cement industry’s recovery
back to top
Always the right coupling - Flender
Loesche - Innovative Engineering
Our high efficiency separator for every need - Christian Pfeiffer
“Flexible
We Move Industries - Heko Group - Conveyor Suppliers
Acquisition Cemex China coronavirus Dangote Cement Export France Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Legal Mexico Nigeria Order Pakistan Philippines Plant Production Results Russia Sales UK Upgrade US
« April 2021 »
Mon Tue Wed Thu Fri Sat Sun
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30    



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement Twitter
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Knowledge Base
  • Members
  • Live
  • Login
  • Advertise
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Contact
  • Conferences & Webinars >>
  • Global Ash
  • Global CemBoards
  • Global CemEnergy
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global Cement Quality Control
  • Global CemTrans
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Link
  • Awards
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Websites >>
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Insulation
  • Pro Global Media
  • Social >>
  • LinkedIn
  • Facebook
  • Twitter

© 2021 Pro Global Media Ltd. All rights reserved.