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Press Releases from CW Research (2 total)

World cement equipment market to reach USD 8bn by 2024

According to CW Research's World Cement Equipment Market and Forecast Report 2020, the market for cement manufacturing equipment and services is projected to decline to an estimated USD 8 billion by 2024. Fewer greenfield and brownfield capacity additions are expected to contribute to the negative trend. "For Western equipment manufacturers, from a cost perspective, turnkey projects are becoming less frequent," notes Prashant Singh, Associate Director at CW Group. "On the other

Asia ex-China’s emerging markets drive global cement capacity through 2024

World cement capacity is projected to touch 5.8 billion tons by 2024, according to CW Research’s 2H2019 update of the Global Cement Volume Forecast Report. In 2019 alone, Asia ex-China is forecast to account for over 40 percent of all capacity additions. “China, with its capacity rationalization efforts that aim to accommodate fewer, yet more modern and efficient, production facilities, is witnessing its contribution to global cement capacity being balanced with

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