| Concrete Decor Archives — Industry News |
Report bullish on Asia, forecasts lower demand
for portland cement
World demand for cement and concrete additives is forecast to rise 6.8 percent per year through 2008 to $6.7 billion, a big improvement over 1998-2003, according to a new study from market research firm The Freedonia Group Inc.
The report, “World Cement & Concrete Additives,” predicts the healthiest gains will come from developing countries such as China, India, and Vietnam.
The study also finds that mineral additives such as fly ash and blast furnace slag are increasingly being used to partially replace portland cement, the most expensive component of concrete. The trend is lowering costs for producers while improving performance and durability. Thanks to technological improvements, an increasing share of portland cement will be replaced with pozzolanic mineral additives through 2008.
In addition, the report predicts that higher performance requirements for concrete will prompt greater loading factors for additives. The fiber additive sector will register the strongest gains, but 90 percent of overall demand will concentrate in the chemical and mineral additive sectors.
For more information, call (440) 684-9600 or visit the Freedonia Group Web site.
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