The gross output value of China construction industry was up to CNY 18, 075.7 billion in 2015, increased by 2.3% YOY. The construction area of buildings was 12.43 billion square meters nationwide, declined by 0.6% YOY. Chinese economic structure is experiencing an ongoing adjustment, which leads to certain challenges faced by the cement industry.
Chinese cement industry enters the golden period of rapid development after the reform and opening-up. The annual output volume of cement increased from 150 million tons in 1985 to 2,359 million tons in 2015, of which the total output volume ranked the first in the world. The annual average consumption of cement per capita increased from less than 140 kilograms to about 1.7 tons during the same period.
In terms of products consumption structure, cement is mainly used in infrastructure building of houses and roads. The absolute gross output value of China construction industry increased during 2011 to 2015 while the growth rate was experiencing an overall declining trend. The construction industry increased by 2.29% YOY in 2015 compared to 2014 by gross output value, tumbling through the growth rate of over 10%. The demand for cement will be reduced by the declined market of China real estate and the decreased new-built real estate projects. The output volume of cement was 2,307.8610 million tons in 2015, decreased by 5.68% YOY.
Key Topics Covered:
1 Relevant Concepts of Cement Industry
2 Analysis on Cement Industry environment, 2011-2015
3 Analysis on Competition Status of China Cement Industry, 2013-2015
4 Analysis on Top 5 Cement Manufacturers in China, 2013-2015
5 Price Trend of Raw Materials and Cement in China Cement Industry, 2013-2015
6 Prediction on China Cement Industry, 2016-2020
- Anhui Conch Cement Company Limited
- China National Building Material Company Limited
- China National Materials Company Limited
- China Resources Cement Holdings Limited
- Tangshan Jidong Cement Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/fwsh26/china_cement
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-cement-industry-overview-report-2016---output-volume-of-cement-was-23078610-million-tons-in-2015-decreased-by-568-yoy---research-and-markets-300305445.html
SOURCE Research and Markets