Continued government investment in construction and infrastructure projects will support cement product manufacturers
San Francisco, CA (PRWEB) February 06, 2013
China is the world's largest manufacturer of cement products. Revenue for the Cement Product Manufacturing industry in China was estimated to increase from $23.5 billion in 2007 to $94.0 billion in 2012, says IBISWorld. This represents an annualized increase of 31.9% over the five years to 2012. The key sensitivities affecting the performance of the Cement Product Manufacturing industry in China include downstream demand from commercial, industrial and residential construction industries and infrastructure construction industries; and domestic and international raw material prices.
The Cement Product Manufacturing industry is characterized by a highly fragmented market with a large number of small-scale players. In 2012, the four largest companies in this industry – Jinhua Concrete Pile Group, Sanhe Concrete Pile & Pole Group, Shanghai Construction Group, and Sanhe Huifu Grains & Oils Group – are expected to generate about 9.0% of total industry revenue. There are many manufacturers that operate on a small scale and are privately owned. The majority of these lack substantial capital, technologies and employees, and only produce one type of product. The low concentration level also reflects the industry's product diversity. Firms tend to focus on particular products or markets. Only large manufacturers manufacture a wide variety of cement products.
IBISWorld forecasts that the industry will perform strongly, driven by continued investment by the Chinese government in construction and infrastructure projects. However, growth will be slower than in the past five years as the industry is maturing and there will be a slowdown in growth within China's real estate sector.
For more information, visit IBISWorld’s Cement Product Manufacturing in China industry report page.
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IBISWorld Industry Report Key Topics
The Cement Product Manufacturing industry in China manufactures products through the processing of cement. Many cement products, including cement drainpipes, poles, piles, commercial concrete and precast pipes, are used in downstream construction applications. The process of cement mixing is not included in this industry.
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 every US industry. 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 or call 1-800-330-3772.