PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Paint and Coatings Industry News

Main News Page


Cement Industry Foresees Steady Growth

Wednesday, May 12, 2010

Comment | More

Expected increases in public construction activities will mean improved cement consumption in 2010 and beyond, according to a new forecast by the Portland Cement Association (PCA).

For 2010, PCA anticipates a modest 5% increase in consumption over severely depressed 2009 levels. Cement use should increase by 3 million to 5 million metric tons during the second half of the year. A 13.3% jump is predicted for 2011, followed by an 18.7% increase in 2012.

"The 2010 recovery in cement consumption lays largely on expectations for public construction activity," said PCA Chief Economist Edward Sullivan. "Spending from the stimulus bill will more than double to $12 billion, and that spending is expected to reflect an increased share of major highway construction and bridge projects—high cement-intensive projects."

Although nonresidential sectors like oil and farm construction are expected to contribute to this year’s increase in cement consumption, consumption accrued to commercial building will decline 29% on top of a 38-year low reached in 2009. For the first time since 2005, the residential sector is expected to become a modest contributor to growth during 2010.

"The economy is recovering and improving its core fundamentals,” Sullivan said. “However, recovery for the construction markets will be slowed by the continuation of tight lending conditions, high foreclosure rates and weak job markets."

Based in Skokie, Ill., the Portland Cement Association represents cement companies in the United States and Canada. It conducts market development, engineering, research, education, and public affairs programs. More information is available at www.cement.org.

   

Tagged categories: Market research; Trends

Comment Join the Conversation:

Sign in to our community to add your comments.

SSPC: The Society for Protective Coatings
http://www.sspc.org/

Join SSPC and Enhance
Your Career !


Clemco Industries Corp.
Global engineering-trusted solutions

For more than 70 years, Clemco has provided the highest quality blast equipment with a total commitment to comfort and safety.


Axxiom Manufacturing
Schmidt Improves Conversion Kits

Schmidt's conversion kits turn out-of-date blast pots into high quality, efficient blasters. Quick, easy to install with step by step instructions.
Call 1-800-231-2085


NLB Corporation
Rotating water jets increase coverage

NLB lance has rotating water jets (40,000 psi), widening the spray pattern to cover more area. Features air-driven swivel with dual triggers to enhance safety.


Trelawny Surface Preparation Technology
Surface Preparation Equipment

Manufacturer of needle scalers, grinders, scarifiers and scabblers. Pneumatic tools for Marine and Construction. US distributor CS Unitec: 800-700-5919


Advanced Recycling Systems
ADVANCED RECYCLING SYSTEMS (ARS)

Recycling Machines, Dust Collectors, Rapid Deployment units are time-tested and approved for the rugged industrial environment. Contact ARS today!
(330)536-8210


Atlantic Design, Inc.
OUR QUALITY & YOUR TIME.

Many service issues can be easily solved over the phone. When you do need parts, ADI has most in stock for all your blasting needs. 866.Call.ADI


DRYCO
Climate Control...delivered.

Temporary climate control equipment. Dehumidifiers,
Heaters, A/C, Power, More…
Toll Free: 866-379-2600

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com