Cement Manufacturing in the US
Since concrete is used heavily in construction activities, the Cement Manufacturing industry is dependent on investment in infrastructure, utilities, public works, residential and nonresidential construction. As construction activity has grown, demand for cement has risen. Consequently, industry revenue is expected to grow over the five years to 2019. Cost reduction initiatives and rising demand due to strong construction activity have boosted profit. Since cement is generally commoditized, supply and demand greatly influence price. As US construction activity rebounded during the period, demand for cement rose. Over the five years to 2024, the industry is expected to continue to benefit from investments in construction markets, albeit to a lesser extent. Rising construction activity will drive cement prices up, increasing revenue and profit.
Operators in this industry manufacture cements, including portland, natural, masonry and pozzolanic cements for use in construction. This industry does not produce lime (IBISWorld report 32741), which is an ingredient in cement, nor does it produce concrete (IBISWorld reports 32732, 32733 and 32739), which uses cement as an input.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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