According to our latest research report “Russian Cement Sector Analysis”, Russia represents one of world’s largest and fastest growing cement industries. The industry has outpaced the growth rates of other prominent industries in the country on the back of various growth enablers, such as increased activity in infrastructure, rising demand from the housing sector, and construction recovery. The research further revealed that, the industry will continue to post staggering market developments and cement demand will grow in double digit bracket by 2015, thus positioning Russia as one of the most favorable cement industry investment destinations.
The research identified that, regardless of the robust growth, per capita cement consumption is still relatively low in Russia compared to per capita consumption of other nations and even less than the global average. This indicates a strong growth potential for the Russian cement industry. It is expected that, the rising demand from infrastructural developments will increase cement production in near future and will transform in increased per capita cement consumption.
Despite bright future prospects, there exist some growth inhibitors, which may affect industry’s future development pace. For instance, outdated production technology posts some serious threats to industries future advancements. Most of the existing capacity (~80%) is technologically outdated and based on old wet-process technology. The plants are working on high energy-consuming outdated wet method of production technologies, which demand a quick technological overhaul to ensure cost effective production.
Our report “Russian Cement Sector Analysis”, has been authored to study and evaluate the cement industry future potentials in Russia and its various segments. The report thoroughly examines all prominent emerging trends and drivers fueling growth in the industry. Further, it highlights market developments in all major segments, such as production, installed capacity, export, import, plant size, and consumption to enable clients to understand Russian cement market dynamics. Most importantly, the report has also presented industry forecasts based on the correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Russian cement industry, which will prove decisive for the clients.
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