Indian Cement Market Growth, Size or Share Estimated to increase by 2020
The cement sector plays a vital role in the economic growth of the country, and in its journey towards the inclusive growth. Cement is an essential item for the construction sector and for all infrastructural projects. With the growing infrastructure expenditure and increasing industrial base, India is set to witness significant growth in its Gross Domestic Product (GDP) resulting in favorable outcome for cement industry in the coming years. Thus, the cement sector is expected to witness positive growth in the coming years, with consumption set to increase at a CAGR of around 9% during FY 2017-FY 2020.
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The report, "Indian Cement Industry Outlook 2020", portrays the current scenario and the forecasts for production, consumption, capacity utilization, and installed capacity for 2020. A detailed regional analysis has been provided in our study which shows that the Southern region has the maximum demand, which is expected to increase in near future. Besides this, share of major players in the production and installed capacity has been provided in the report. The report also covers various factors driving the industry.
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Further, for complete understanding of the cement Industry in India, we have studied the government regulations and a brief analysis of the price trend has also been provided. In addition, the study also includes the import and export scenario.
With a view to helping our clients in understanding the market dynamics, the report includes summary of major players. This section covers the major cement manufacturers' business description, financials performance, strategic analysis and recent developments. Overall, the report is an optimum presentation of Indian cement industry, which caters to all those interested in construction/infrastructure domain.
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