Currently, China is the world's largest manufacturer of cement products. Cement product output each year meets both the development needs of the national economy and improves people's living standards.
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.
Industry revenue is expected to increase from $23.5 billion in 2007 to $94.0 billion in 2012. This represents an annualized increase of 31.9% over the five years to 2012. Industry revenue growth was very high in 2008 at 46.2%, following 30.5% growth in 2007. Growth eased in 2009 due to the global economic recession and is estimated to be 18.0% in 2012 driven by the strong growth of China's economy.
For more information on the China cement products manufacturing market, please click here: China cement products manufacturing market
Follow us on Twitter now @CandMResearch
Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.