Worldwide demand for cement could reach 4.7 billion tonnes in 2017, according to market research company Freedonia. Cement sales are forecast to expand by more than +5% a year between now and 2017, which represents a slight decline in pace from the 2007 to 2012 period. However, for markets such as North America and Western Europe, which were hit hard by the global economic recession and therefore saw demand for cement stagnate or decline, cement consumption is expected to rebound sharply by as much as +6%.
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