Industry Analysis & Industry Trends
The Cement Manufacturing industry is expected to generate revenue totalling £770 million in 2011-12, down by 2.5% on the previous year, and representing a steep decline by 9.1% per annum over the five years through 2011-12. Domestic production is expected to fall by an average 7.5% per annum over this period to currently total 7.8 million tonnes, down from a peak at 11.8 million tonnes in 2007-08.
The collapse of demand for cement in the housing and non-residential building markets accompanied the severe economic recession and financial crisis. Through the late 2000s, cement demand was buoyed by investment into the non-building infrastructure markets, including the road and bridge construction markets, which have a high cement input into construction... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is at a declining stage of its life cycle. Demand is principally driven by the cyclical trends of investment into the downstream building and construction markets, although there is some scope for product innovation in the downstream concrete product markets, the industry also maintains substantial excess productive capacity.
The industry is steadily losing market share to low cost imports and it is unlikely for industry revenue to match the pace of UK GDP growth over the medium to long term. Industry revenue is forecast to contract by an average 4.2% per annum over the 10 years to 2016-17, distorted by the exceptional collapse in demand during recent years, while the GDP is expected to average subdued growth by 0.6% per annum... purchase to read more