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Company News: Page (1) of 1 - 02/06/13 Email this story to a friend. email article Print this page (Article printing at page

Cement Product Manufacturing in China Industry Research Report  Now Available from IBISWorld   By PRWEB

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.

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