Report points to potential US cement growth

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US: According to the latest research report by RNCOS, US Cement Industry Analysis, an improvement in infrastructure spending along with growing domestic demand from almost all the prominent industry verticals will enable the cement consumption to grow at a compound annual growth rate of around 8% during 2011-2015. The cement industry in the US forms an important part of its economy and although recent years have been quite discouraging for the industry, the country sustained its position as the third largest cement consumer globally.

The RNCOS report highlights that the US will remain as one of the world's largest markets for OPC, with imports to fulfil the shortfall between domestic capacity and total US consumption. It expects that housing construction will boost cement demand in the US over the period to 2015 and says that biogas fuel is fast emerging as an alternative fuel for reduction of carbon dioxide emissions in the country.

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