At present, the cement industry has many characteristics of globalization. The global cement industry is expected to grow by 3% annually. At present, with the steady growth of cement consumption close to the speed of world economic development, the global cement output is expected to be about 2.2 billion tons. China's output has accounted for 44% of the total.
In terms of cement consumption, China has a good sales volume, followed by India and the United States. The United States imported more than 30 million tons of cement from Canada, China and Thailand to meet its needs. Some cement enterprises are keen on building new plants and expanding existing production capacity. This boom is expected to end before 2010, which will increase the production capacity by more than 14 million tons. It is expected that the United States will import a large amount of cement in 2007.
It can be seen from the American market that the cement output in a few developed regions has increased significantly faster than that in most mature markets in North America and Europe. It can be said that cement is still a sunrise industry in developing countries, while its development in developed countries is cyclical.
Today, the focus of the cement industry is not only the environment and sustainable development, but also the emerging markets, which also attract the attention of large enterprise groups in the industry. It is generally believed that emerging markets are located in the Middle East/North Africa, Asia, Latin America and Eastern Europe, as well as parts of Africa.