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Cement Product Manufacturing in China Industry Data and Analysis
The Cement Product Manufacturing industry in China is in an adjustment period. The industry competition is fierce, and most enterprises are undergoing transformation or optimizing their production structure. As one of the most fundamental and important materials in the field of architecture, the distribution of industry enterprises is closely related to the level of regional economic development. Due to the constraints of limestone resources and transportation costs, cement products exhibit regional characteristics.The Cement Product Manufacturing industry in China is expected to decrease at an annualized rate of 1.7% over the five years through 2024 to $187.1 billion. The industry performance is particularly influenced by downstream demand from commercial, industrial, and residential construction industries and infrastructure construction. Small or medium-sized enterprises in the industry are often unable to guarantee the quality of their products. Old plants, equipment and technology result in low automation levels and high labor intensity. Additionally, the industry has been suffering from excess output capacity and increasing operating costs.Domestic and international raw material prices affect the purchase cost. Due to rising costs and price reductions caused by competition, industry profits have been declining in recent years. Industry profit is expected to total 5.5% of revenue in 2024. Total wages are expected to rise by an annualized 1.0% over the five years through 2024 to $6.9 billion.Exports are expected to grow at an average rate of 2.4% in the next five years. Industry revenue is expected to increase an annualized 2.5% over the five years through 2029 to total $211.2 billion. This growth will be driven by the Chinese Government's continued investment in construction, water conservation and infrastructure projects. However, the growth will be slower, as the industry will being mature and real estate recover slow.
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What's included in this industry analysis
IBISWorld's research coverage on the Cement Product Manufacturing industry in China includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released November 2024.
About this industry
What's this industry report about?
The Cement Product Manufacturing industry in China operates under the industry code 3121. The Cement Product Manufacturing industry makes cement products, including cement drainpipes, poles, piles, and commercial concrete and pre-cast pipes. These products are often used in downstream construction applications. The process of cement mixing is not included in this industry. Related terms covered in the Cement Product Manufacturing industry in China include ready-mixed concrete, concrete pile and reinforced concrete.
What's included in this industry?
Products and services covered in Cement Product Manufacturing industry in China include Cement drainpipes, Cement piles and Cement bricks.
What companies are included in this industry?
Companies covered in the Cement Product Manufacturing industry in China include Tianshan Material Co., Ltd., China West Construction Group Co., Ltd. and Sanhe Huifu Grains & Oils Group Co., Ltd.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Cement Product Manufacturing industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Cement Product Manufacturing industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Cement Product Manufacturing industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Cement Product Manufacturing industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Cement Product Manufacturing industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Cement Product Manufacturing industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cement Product Manufacturing industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Cement Product Manufacturing industry in China.
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Frequently Asked Questions
What is the market size of the Cement Product Manufacturing industry in China in 2026?
The market size of the Cement Product Manufacturing industry in China is $187.1bn in 2026.
How many businesses are there in the Cement Product Manufacturing industry in China in 2024?
There are 9,670 businesses in the Cement Product Manufacturing industry in China, which has grown at a CAGR of 0.5 % between 2019 and 2024.
How may import tariffs affect the Cement Product Manufacturing industry in China?
The Cement Product Manufacturing industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Cement Product Manufacturing industry in China?
The Cement Product Manufacturing industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Cement Product Manufacturing industry in China grown or declined over the past 5 years?
The market size of the Cement Product Manufacturing industry in China has been declining at a CAGR of 1.7 % between 2019 and 2024.
What is the forecast growth of the Cement Product Manufacturing industry in China over the next 5 years?
Over the next five years, the Cement Product Manufacturing industry in China is expected to grow.
What are the biggest companies in the Cement Product Manufacturing industry in China?
The biggest companies operating in the Cement Product Manufacturing industry in China are Tianshan Material Co., Ltd., China West Construction Group Co., Ltd. and Sanhe Huifu Grains & Oils Group Co., Ltd.
What does the Cement Product Manufacturing industry in China include?
Cement drainpipes and Cement piles are part of the Cement Product Manufacturing industry in China.
Which companies have the highest market share in the Cement Product Manufacturing industry in China?
The company holding the most market share in the Cement Product Manufacturing industry in China is Tianshan Material Co., Ltd..
How competitive is the Cement Product Manufacturing industry in China?
The level of competition is high and increasing in the Cement Product Manufacturing industry in China.
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