China Market Overview

Concrete and cement-based product industry is now widely serving the construction of building, water conservancy, transportation, railway, port engineering, mining and other industries. This industry is also an important social security industry for ecological protection, environmental restoration, waste utilization and emergency rescue. The annual revenue of concrete and cement-based products industry (accounted for manufacturing enterprises with annual revenue of more than 20million RMB）totaled 2095.6 billion RMB in 2021, and 1965.233 billion RMB in 2022. 

In the coming years，market demand, technical innovation (low-carbon material, intelligent manufacture, HPC and UHPC, lightweight-aggregate, utilization of solid waste, 3D printing concrete etc.), environment protection, “Dual carbon goal”, policy guidance and support are the driving forces of the industry.

As the biggest growing market, there is every reason to believe that China has sufficient attraction and consumption power for concrete and cement products enterprises from all over the world.