Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the cement industry in China.

The publication Cement in China: Industry forecasts for 2012 & 2017 reports that the demand for cement in China is forecast to rise 6% annually through to 2012 to reach 1.8 billion metric tons.

The report shows that growth will be driven by rising, but decelerating, construction expenditures in China. Further advances in cement manufacturing technology will also help stimulate sales by improving the quality of the product.
Authors of the report note that blended cements will account for about 90% of total sales in 2012, reflecting the versatility of these types across a range of construction applications, as well as their performance and/or price benefits over competitive cements.

Furthermore, regional cement markets reflect differences in construction expenditures, which in turn are driven by local trends in demographics, industrial output and economic activity.

The Central-East is expected to remain the largest cement market in China through 2012, fuelled by increases in regional construction expenditures. However, the cement markets in the Northwest and Southwest will grow at the fastest pace, benefiting from the government’s Great Western Development strategy, which aims to promote investment in these areas.

Cement in China: Industry forecasts for 2012 & 2017

ReportBuyer Product ID:  FED00252
reportBuyer Product category: Industry and Manufacturing