Global cement demand will rise 4.1 percent annually through 2013. Gains will be fueled by rising infrastructure investment in developing countries and improved markets in developed areas. Blended cement will increase its dominant position over portland. Ready-mix concrete will remain the fastest-growing outlet.

This study analyzes the 2.8 billion metric ton world cement industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by type (e.g., blended, portland), market (e.g., ready-mix concrete, construction contractors, consumer, concrete products), world region (e.g., Asia/Pacific, Africa/Mideast) and for 46 major countries.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry participants, including Lafarge, Holcim and CEMEX.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		Introduction							    xiii

	I.	Executive Summary						       1

	II.	Market Environment						       4
		General								       4
		World Economic Overview						       5
		   Recent Historical Trends					       5
		   World Economic Outlook					       8
		World Demographic Overview					      11
		   Population							      12
		   Urban Population						      13
		World Construction Outlook					      15
		   Nonbuilding Construction					      19
		   Nonresidential Building					      21
		   Residential Construction					      22
		Pricing Patterns						      24
		Technology Trends						      27
		Legal & Regulatory Environment					      29

	III.	World Supply & Demand						      33
		General								      33
		World Cement Markets						      34
		   Regional Demand Dynamics					      34
		   Demand by Type						      37
		      Blended							      39
		      Portland							      41
		      Other							      43
		   Demand by Market						      45
		      Ready-Mix Concrete					      47
		      Construction Contractors					      49
		      Consumer							      51
		      Concrete Products						      53
		      Other							      55
		World Cement Production						      57
		International Trade Flows					      60

	IV.	North America							      63
		Overview							      63
		Cement Supply & Demand						      64
		United States							      68
		Canada								      74
		Mexico								      79

	V.	Western Europe							      85
		Overview							      85
		Cement Supply & Demand						      87
		Spain								      91
		Italy								      97
		Germany								     101
		France								     106
		Other Western Europe						     111
		      United Kingdom						     118
		      Greece							     119
		      Portugal							     120
		      Netherlands						     121
		      Belgium							     122
		      Austria							     122
		      Switzerland						     123
		      All Other							     124

	VI.	Asia/Pacific							     126
		Overview							     126
		Cement Supply & Demand						     129
		China								     132
		India								     139
		Japan								     145
		South Korea							     149
		Vietnam								     154
		Indonesia							     159
		Thailand							     164
		Other Asia/Pacific						     169
		      Pakistan							     176
		      Malaysia							     177
		      Taiwan							     178
		      Philippines						     179
		      Australia							     180
		      All Other							     181

	VII.	Other Regions							     183
		Latin America							     183
		   Brazil							     189
		   Other Latin America						     194
		      Argentina							     200
		      Colombia							     202
		      Venezuela							     203
		      Peru							     204
		      Chile							     204
		      All Other							     205
		Eastern Europe							     207
		   Russia							     212
		   Other Eastern Europe						     217
		      Poland							     223
		      Ukraine							     223
		      Romania							     224
		      Czech Republic						     226
		      All Other							     227
		Africa/Mideast							     228
		   Iran								     234
		   Turkey							     239
		   Egypt							     244
		   Saudi Arabia							     249
		   Other Africa/Mideast						     254
		      United Arab Emirates					     261
		      Algeria							     262
		      Morocco							     263
		      South Africa						     264
		      Nigeria							     265
		      All Other							     266

		VIII.	Industry Structure				             268
		General								     268
		Industry Composition						     269
		Market Share							     272
		      Lafarge							     273
		      Holcim							     274
		      CEMEX							     274
		      HeidelbergCement						     274
		      Italcementi						     275
		      Other Leading Suppliers					     275
		Product Development & Manufacturing				     276
		Marketing & Distribution					     278
		Cooperative Agreements						     279
		Financial Requirements						     286
		Acquisitions & Divestitures					     288
		Company Profiles						     293
		   Aalborg Portland A/S, see Cementir Holdings SpA
		   Abu Dhabi Cement, see Lafarge SA
		   ACC Limited							     294
		   Adelaide Brighton Limited, see Boral Limited
		   AfriSam South Africa Pty Limited, see Holcim Limited
		   Akcansa Cimento Sanayi, see HeidelbergCement
		   Alcon Cement Company, see ACC Limited
		   Alpha Cement JSC, see Holcim Limited
		   Ambuja Cements Limited					     296
		   Amreyah Cement Company, see Cimentos de Portugal 
		   Anhui Chaodong Cement, see Anhui Conch Cement 
		   Anhui Conch Cement Company Limited				     298
		   Anhui King Bridge Cement, see Anhui Conch Cement and Taiwan Cement
		   APO Cement Corporation, see CEMEX SAB de CV
		   Ash Grove Cement Company					     300
		   Asia Cement Corporation					     302
		   Asment de Temara SA, see Cimentos de Portugal
		   Assiut Cement Company, see CEMEX SAB de CV
		   Bamburi Cement Limited, see Lafarge SA
		   Bazian Cement Company, see Lafarge SA
		   Blue Circle Southern Cement Limited, see Boral Limited
		   Boral Limited						     305
		   BSA Ciment SA, see Vicat Group SA
		   Buzzi Unicem SpA						     307
		   Camargo Correa SA						     313
		   Carpatcement Holding SA, see HeidelbergCement AG
		   CDN-Dragon Products Company, see Fomentos de 
		      Construcciones y Contratas
		   Cement Australia, see HeidelbergCement and Holcim 
		   Cementa AB, see HeidelbergCement AG
		   Cementara Kosjeric AD, see Titan Cement Company SA
		   Cementir Holdings SpA					     315
		   Cemento Bayano SA, see CEMEX SAB de CV
		   Cemento de El Salvador SA, see Holcim Limited
		   Cemento Polpaico SA, see Holcim Limited
		   Cementos Argos SA						     319
		   Cementos Avellaneda SA, see Fomentos de 
		      Construcciones y Contratas
		   Cementos Bio Bio SA, see Votorantim Participações  SA
		   Cementos Cosmos SA, see Cimentos de Portugal 
		   Cementos Portland Valderrivas SA, see Fomentos de 
		      Construcciones y Contratas
		   Cementownia Rejowiec SA, see CRH plc
		   CEMEX SAB de CV						     321
		   China Century Cement Limited, see HeidelbergCement 
		   China National Building Material Group Corporation		     330
		   China Shanshui Cement Group Limited				     333
		   Cimentas AS, see Cementir Holdings SpA
		   Cimenteries CBR SA, see HeidelbergCement AG
		   Cimenteries du Cameroun, see Lafarge SA
		   Cimentos de Cabo Verde SA, see Cimentos de Portugal 
		   Cimentos de Mozambique sarl, see Cimentos de Portugal 
		   Cimentos de Portugal SGPS SA					     335
		   Ciments de Jbel Oust, see Cimentos de Portugal SGPS SA
		   Ciments Francais SA, see Italcementi SpA
		   Cimpor - Cimentos do Brasil, see Cimentos de Portugal 
		   Cimpor Yibitas Cimento Sanayi ve Ticaret AS, see 
		      Cimentos de Portugal 
		   Companhia Industiral e Mercantil de Cimentos, see 
		      Camargo Correa
		   Corporacion Moctezuma SAB de CV, see Buzzi Unicem 
		   Corporacion Uniland SA, see CRH plc and Fomentos de 
		      Construcciones y Contratas 
		   CRH plc							     340
		   Dalmacijacement dd, see CEMEX SAB de CV
		   Denizli Cement, see CRH plc
		   DK Cement, see HeidelbergCement AG
		   Dura-Drava Cement Limited, see HeidelbergCement AG
		   Dyckerhoff AG, see Buzzi Unicem SpA
		   Eagle Materials Incorporated					     345
		   Egyptian Cement Company SAE, see Holcim and Lafarge 
		   ENCI NV, see HeidelbergCement AG
		   Essroc Cement Corporation, see Italcementi SpA
		   EUROCEMENT Holding AG					     347
		   Fars & Khuzestan Cement Company				     348
		   Finnsementti Oy, see CRH plc
		   Fomentos de Construcciones y Contratas SA			     349
		   Giant Cement Holding Incorporated, see Fomentos de 
		      Construcciones y Contratas 
		   Gorazdze Cement SA, see HeidelbergCement AG
		   Grasim Industries Limited					     353
		   Grupa Ozarow SA, see CRH plc
		   Grupo GLA Cementor SA, see Lafarge SA
		   Hanson Limited, see HeidelbergCement AG
		   HeidelbergCement AG						     356
		   Heracles General Cement Company SA, see Lafarge SA
		   Holcim Limited						     370
		   Huaxin Cement Company Limited, see Holcim Limited
		   Hyundai Cement Company Limited				     386
		   Indorama Cement Limited, see HeidelbergCement AG
		   Irish Cement Limited, see CRH plc
		   Italcementi SpA						     387
		   Jianxi Yadong Cement Company, see Asia Cement 
		   JSC Podilsky Cement, see CRH plc
		   Juan Minetti SA, see Holcim Limited
		   Jura-Holding AG, see CRH plc
		   Kampot Cement Company Limited, see Siam Cement 
		   Kazakh Buchtarma Cement, see HeidelbergCement 
		   Kunda Nordic Cement, see CRH and HeidelbergCement 
		   Lafarge SA							     394
		   Lehigh Cement Company, see HeidelbergCement AG
		   Lehigh White Cement, see Cementir, CEMEX and HeidelbergCement 
		   Loma Negra CIASA, see Camargo Correa SA
		   Lucky Cement Limited						     412
		   Mitsubishi Materials Corporation				     413
		   Mynaral TAS, see Vicat Group SA
		   Natal Portland Cement, see Cimentos de Portugal 
		   National Cement Company, see Vicat Group SA
		   Nesher Israel Cement Enterprises Limited			     415
		   Nghi Son Cement Corporation, see Mitsubishi Materials 
		      and Taiheiyo Cement 
		   OJSC Mykolaivcement, see Lafarge SA
		   OYAK Cement Group						     416
		   Pakistan Cement Company, see Lafarge SA
		   Panama Cement Holding SA, see Holcim Limited
		   PPC Cement, see Pretoria Portland Cement Company 
		   Pretoria Portland Cement Company Limited			     418
		   PT Indocement Tunggal Prakarsa, see HeidelbergCement 
		   PT Semen Gresik TbK						     419
		   Rinker Materials Corporation, see CEMEX SAB de CV
		   Riverside Cement Company, see Texas Industries 
		   Roanoke Cement Company LLC, see Titan Cement 
		   Saudi Cement Company						     421
		   Scancem International ANS, see HeidelbergCement AG
		   Secil-Companhia Geral de Cal e Cimento SA, see CRH 
		   Shree Digvihay Cement see Cimentos de Portugal 
		   ShuangMa Investment Company, see Lafarge SA
		   Siam Cement Public Company Limited				     423
		   Siam City Cement Public Company Limited			     426
		   Sinai Cement Company, see Vicat Group SA
		   Sinai White Portland Cement Company, see Cementir 
		   Sococim Industries, see Vicat Group SA
		   Solid Cement Corporation, see CEMEX SAB de CV
		   Ssangyong Cement Industrial Company Limited			     428
		   St. Marys Cement, see Votorantim Participações 
		   Sumitomo Osaka Cement Company Limited			     429
		   Sunstate Cement Limited, see Boral Limited
		   Suwannee American Cement, see Votorantim  
		   Taiheiyo Cement Corporation					     431
		   Taiwan Cement Corporation					     435
		   Tangshan Jidong Cement Group Company Limited			     437
		   Texas Industries Incorporated				     439
		   Texas Lehigh Cement, see Eagle Materials and HeidelbergCement 
		   Titan Cement Company SA					     441
		   Tong Yang Cement Corporation					     444
		   Trinidad Cement Limited, see CEMEX SAB de CV
		   Tvornica Cementa Kakanj dd, see HeidelbergCement AG
		   Ube Industries Limited					     445
		   Ube-Mitsubishi Cement, see Mitsubishi Materials and 
		      Ube Industries 
		   UltraTech Cement Limited, see Grasim Industries Limited
		   United Cement Company of Nigeria, see Holcim and Lafarge 
		   United Cement Corporation, see Lafarge SA
		   Vicat Group SA						     447
		   Votorantim Participações SA					     451
		   Yamaguchi EcoTech Corporation, see Ube Industries 
		   Zuari Cement Limited, see Italcementi SpA	


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- Executive Summary
		Summary Table							       3

		SECTION II -- Market Environment
	1	World Gross Domestic Product by Region				      11
	2	World Population by Region					      13
	3	World Urban Population by Region				      14
	4	World Construction Expenditures by Region			      16
	5	World Nonbuilding Construction Expenditures by Region		      20
	6	World Nonresidential Building Construction Expenditures 
		   by Region							      22
	7	World Residential Building Construction Expenditures 
		   by Region							      24
	8	World Cement Pricing						      27

		SECTION III -- World Supply & Demand
	1	World Cement Demand by Region					      36
	2	World Cement Demand by Type					      38
	3	World Blended Cement Demand by Region				      41
	4	World Portland Cement Demand by Region				      43
	5	World Demand for Other Cement by Region				      45
	6	World Cement Demand by Market					      46
	7	World Ready-Mix Concrete Demand for Cement by Region		      49
	8	World Construction Contractor Demand for Cement by Region	      51
	9	World Consumer Demand for Cement by Region			      53
	10	World Concrete Product Demand for Cement by Region		      55
	11	World Demand for Cement in Other Markets by Region		      57
	12	World Cement Production by Region				      59
	13	World Cement Net Exports by Region				      62

		SECTION IV -- North America
	1	North America -- Key Indicators for Cement Demand		      64
	2	North America -- Cement Supply & Demand				      67
	3	United States -- Key Indicators for Cement Demand		      70
	4	United States -- Cement Supply & Demand				      74
	5	Canada -- Key Indicators for Cement Demand			      76
	6	Canada -- Cement Supply & Demand				      79
	7	Mexico -- Key Indicators for Cement Demand			      81
	8	Mexico -- Cement Supply & Demand				      84

		SECTION V -- Western Europe
	1	Western Europe -- Key Indicators for Cement Demand		      87
	2	Western Europe -- Cement Supply & Demand			      90
	3	Spain -- Key Indicators for Cement Demand			      93
	4	Spain -- Cement Supply & Demand					      96
	5	Italy -- Key Indicators for Cement Demand			      98
	6	Italy -- Cement Supply & Demand					     101
	7	Germany -- Key Indicators for Cement Demand			     103
	8	Germany -- Cement Supply & Demand				     106
	9	France -- Key Indicators for Cement Demand			     108
	10	France -- Cement Supply & Demand				     111
	11	Other Western Europe -- Key Indicators for Cement Demand	     113
	12	Other Western Europe -- Cement Supply & Demand			     115
	13	Other Western Europe -- Cement Supply & Demand 
		   by Country							     117

		SECTION VI -- Asia/Pacific
	1	Asia/Pacific -- Key Indicators for Cement Demand		     128
	2	Asia/Pacific -- Cement Supply & Demand				     131
	3	China -- Key Indicators for Cement Demand			     134
	4	China -- Cement Supply & Demand					     139
	5	India -- Key Indicators for Cement Demand			     141
	6	India -- Cement Supply & Demand					     144
	7	Japan -- Key Indicators for Cement Demand			     146
	8	Japan -- Cement Supply & Demand					     149
	9	South Korea -- Key Indicators for Cement Demand			     151
	10	South Korea -- Cement Supply & Demand				     154
	11	Vietnam -- Key Indicators for Cement Demand			     156
	12	Vietnam -- Cement Supply & Demand				     159
	13	Indonesia -- Key Indicators for Cement Demand			     161
	14	Indonesia -- Cement Supply & Demand				     164
	15	Thailand -- Key Indicators for Cement Demand			     166
	16	Thailand -- Cement Supply & Demand				     169
	17	Other Asia/Pacific -- Key Indicators for Cement Demand		     171
	18	Other Asia/Pacific -- Cement Supply & Demand			     174
	19	Other Asia/Pacific -- Cement Supply & Demand by Country		     175

		SECTION VII -- Other Regions
	1	Latin America -- Key Indicators for Cement Demand		     185
	2	Latin America -- Cement Supply & Demand				     188
	3	Brazil -- Key Indicators for Cement Demand			     191
	4	Brazil -- Cement Supply & Demand				     194
	5	Other Latin America -- Key Indicators for Cement Demand		     196
	6	Other Latin America -- Cement Supply & Demand			     198
	7	Other Latin America -- Cement Supply & Demand by Country	     200
	8	Eastern Europe -- Key Indicators for Cement Demand		     208
	9	Eastern Europe -- Cement Supply & Demand			     211
	10	Russia -- Key Indicators for Cement Demand			     214
	11	Russia -- Cement Supply & Demand				     217
	12	Other Eastern Europe -- Key Indicators for Cement Demand	     219
	13	Other Eastern Europe -- Cement Supply & Demand			     221
	14	Other Eastern Europe -- Cement Supply & Demand 
		   by Country							     222
	15	Africa/Mideast -- Key Indicators for Cement Demand		     230
	16	Africa/Mideast -- Cement Supply & Demand			     233
	17	Iran -- Key Indicators for Cement Demand			     236
	18	Iran -- Cement Supply & Demand					     239
	19	Turkey -- Key Indicators for Cement Demand			     241
	20	Turkey -- Cement Supply & Demand				     244
	21	Egypt -- Key Indicators for Cement Demand			     246
	22	Egypt -- Cement Supply & Demand					     249
	23	Saudi Arabia -- Key Indicators for Cement Demand		     251
	24	Saudi Arabia -- Cement Supply & Demand				     254
	25	Other Africa/Mideast -- Key Indicators for Cement Demand	     256
	26	Other Africa/Mideast -- Cement Supply & Demand			     259
	27	Other Africa/Mideast -- Cement Supply & Demand 
		   by Country							     260

		SECTION VIII -- Industry Structure
	1	World Cement Sales by Company, 2008				     271
	2	Selected Cooperative Agreements					     281
	3	Selected Acquisitions & Divestitures				     289


				      LIST OF CHARTS

    CHART NUMBER								    PAGE

		SECTION I -- Executive Summary

		SECTION II -- Market Environment
	1	Relationship Between Cement Demand & Construction Expenditures, 2008  18

		SECTION III -- World Supply & Demand
	1	World Cement Demand by Region, 2008				      37
	2	World Cement Demand by Type, 2008				      39
	3	World Cement Demand by Market, 2008				      47
	4	World Cement Production by Region, 2008				      60

		SECTION IV -- North America
	1	North America Cement Demand by Country, 2008			      68

		SECTION V -- Western Europe
	1	Western Europe Cement Demand by Country, 2008			      91

		SECTION VI -- Asia/Pacific
	1	Asia/Pacific Cement Demand by Country, 2008			     132

		SECTION VII -- Other Regions
	1	Latin America Cement Demand by Country, 2008			     189
	2	Eastern Europe Cement Demand by Country, 2008			     212
	3	Africa/Mideast Cement Demand by Country, 2008			     234

		SECTION VIII -- Industry Structure
	1	World Cement Market Share by Company, 2008			     273