Displaying items by tag: market research

World: Bulgaria-based consultancy firm OneStone Consulting has joined the World Cement Association (WCA) as an associate member. OneStone Consulting provides comprehensive market reporting, strategic advisory and sustainability consulting services for the cement and building material industries.

OneStone Consulting managing director Joe Harder said “We’re very pleased to be joining WCA and look forward to sharing our extensive experience and research methodologies in order to help enhance technical and economical efficiency within organisations, as well as learning from other industry stakeholders across WCA’s network."

WCA chief executive officer Ian Riley said “OneStone Consulting’s wide ranging expertise will be valuable to WCA’s members as they meet the challenges brought about by the multiple global crises. OneStone’s expertise in market intelligence, strategic consulting and sustainability aligns with WCA’s mission to drive sustainable development in the cement industry."

World: Market Research Future has forecast a 15% composite annual growth rate (CAGR) in global green cement demand between 2018 and 2023, where green cement is defined as fly ash cement, slag cement, geopolymer cement and other cements produced using alternative raw materials. Market Research Future predicts that fly ash cement’s global growth will be the sharpest due to its abundant availability. Its report concluded that cement sector strategies in response to the growth would include mergers, joint ventures and acquisitions.

India: Market researcher Fortune Business Insights has forecasted market growth of 5.2% in the cement industry to US$463bn in 2026 from US$313bn in 2019. It conjectured that global improvements in road quality and investments in high-grade products will drive growing demand. The industry will meet this demand through advances in cement production and a reduction in the number of companies consolidating operations.

In India, the government’s ‘Housing for All by 2020’ scheme is set to kick-start consumption.

Fortune Business Insights' report is available here.