Los Angeles, CA (PRWEB) December 04, 2011
In the five years to 2016, total revenue of the Cement Products Manufacturing industry in China is forecast to increase at an average annualized rate of 16.8% to $145.48 billion, according to IBISWorld, America’s largest publisher of industry research. This rapid growth is due to continued expansion of the real estate and infrastructure construction industries in China. With the government's active policies for expanding infrastructure construction in China, profits are expected to increase in future years.
China is the world's largest manufacturer of cement products, with cement product output affected by downstream demand from commercial, industrial and residential construction industries and infrastructure construction industries; and domestic and international raw material prices.
Industry revenue has risen at an average annualized rate of 31.5% over the five years to 2011, despite slower growth in 2009 due to the global economic recession. Industry revenue is forecast to be 25% in 2011 driven by the strong growth of China's economy.
The Cement Products Manufacturing industry in China does face some challenges: Most cement product manufacturers are small or medium-size enterprises that offer a limited product range and are often unable to guarantee the quality of their products. In addition, old plants, equipment and technology result in low automation levels and a high level of labor intensity.
For more information, including profit levels, market segmentation, market shares and more, download IBISWorld’s report on Cement Products Manufacturing in China.
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The Cement Products Manufacturing industry in China consists of establishments that manufacture products through the processing of cement. Many cement products are used in downstream construction applications, including cement drainpipes, poles, piles, commercial concrete and precast pipes. The process of cement mixing is not included in this industry.
Cement Products Manufacturing in China Report Key Topics
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on 200 Chinese industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.cn or call 1-800-330-3772.
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