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Developing Regions and Higher Performance Standards Fuel Growth

10:11 AM MDT | July 23, 2007 | Kerri Walsh

World demand for cement and concrete additives is forecast to rise 5.1%/year through 2010, to $11.2 billion, says market research firm The Freedonia Group (Cleveland). That compares to a 3.7%/year growth rate between 2000-05, to $8.7 billion, Freedonia says. Increased acceptance of additives in high-volume developing markets for cement including China, Eastern Europe, India, and Mideast will fuel growth, Freedonia says. Higher performance requirements for concrete will prompt greater use in mature markets of additives and higher-value products such as...

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