the global white cement market has seen a recovery in 2015

Bymc2008

Updated Thu, 17 Dec 2015 10:23:37 GMT

According to OneStone Consulting’s ‘White Cement Outlook 2020’, the global white cement market has seen a recovery in 2015, following several years of slow growth. “The global annual growth rates are projected to increase from 2.5% in the period 2010-2015 to an average annual growth of 3.8% by 2020 with lowest growth in China”, according to research analyst Dr. Joe Harder. In 2015 the global trade in white cement was improving, however the capacity utilisation rates of many producers are still quite slow. New projects are in the pipeline, although overcapacity issues will continue, prices continue to be under pressure and the global trade share is forecasted to decline.