Western Europe’s cement industry facing changes?

1 Introduction

The market prospects for Western Europe’s construction industry are actually not so bad. Even though Euroconstruct’s market researchers expect that growth in construction investment volume will lag behind economic growth until 2020, and will in any event be below 2 %, this is still an improvement after negative growth of

-0.4 % in the Eurozone in 2011. It is considered possible that the annual growth rate of the wealthier nations may be around 1.5 % due to modernization projects and an upswing in housing construction. However, for the Southern European countries the short and...

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