More than 50 percent of all additional cement demand generated between 2012 and 2017 will be attributable to China, the world's leading consumer of this product.
Cement sales in China are projected to rise nearly eight percent per year during this period. As the Chinese cement market matures, growth is expected to decelerate from the breakneck pace of the last decade. However, in absolute terms, cement consumption will still increase dramatically through 2017. Massive gains in building and nonbuilding construction activity will stimulate product demand in China.