$27.6bn
$X.Xbn
170k
1,239
$X.Xbn
The development of real estate, high-speed rail lines and other infrastructure in China has contributed to steadily rising demand for building material production equipment. Revenue for the Building Material Production Equipment Manufacturing industry is expected to increase at an annualized 2.5% over the five years through 2023, to $27.6 billion. This trend includes an expected increase of 2.5% in the current year.The industry exhibits low market share concentration. The four largest players, Chaoyang Heavy Machinery Group, Shanghai Construction Group, Keda Clean Energy, and Shandong Yuanyou Heavy Industry Science & Technology, account for an estimated 20.8% of industry revenue in 2023. However, the concentration of industry businesses varies geographically. The industry's enterprises are mainly located in regions with raw material advantages and convenient transportation systems, such as Henan, Jiangsu, Hunan and Tianjin provinces.Exports for building material production equipment have fluctuated strongly over the past five years. Due to a weak international market demand, exports only grew by 1.2% at the start of the period in 2018. Exports are expected to increase slightly by 3.5% in 2023.Industry revenue is forecast to increase at an annualized 2.1% over the five years through 2028, to reach $30.6 billion. Large-scale housing and high-speed railway construction projects are projected to continue over the period. Consequently, increasing domestic demand will likely drive further industry development.
Industry revenue has grown at a CAGR of 2.5 % over the past five years, to reach an estimated $27.6bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
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There are no companies that hold a large enough market share in the Building Material Production Equipment Manufacturing in China industry for IBISWorld to include in this product.
Building Material Production Equipment Manufacturing in China
Industry revenue is measured across several distinct product and services lines, including Cement and cement product production equipment, Machine tools for processing glass and fiberglass and Bricks, tiles and other wall material production equipment . Cement and cement product production equipment is the largest segment of the Building Material Production Equipment Manufacturing in China.
Cement and cement product production equipment
The Building Material Production Equipment Manufacturing industry in China manufactures equipment used to make, mix and shape building materials, such as cement products, glass, glass fiber, construction ceramics and bricks. Equipment used for crushing, grinding and screening raw materials and for manufacturing glass and ceramic products for daily use is not included in this industry.
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The development of real estate, high-speed rail lines and other infrastructure in China has contributed to steadily rising demand for building material production equipment.
Learn about an industry's products and services, markets and trends in international trade.
Cement and cement product production equipment contribute the largest share of industry revenue. This segment is estimated to generate 36.3% of total industry revenue in 2023...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Building Material Production Equipment Manufacturing Industry operations are mainly located in East China, Middle South China and North China. These regions are expected to a...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Most firms in the industry are small to medium sized with low market shares. Consequently, industry revenue is spread across a large number of industry participants.
Learn about the performance of the top companies in the industry.
Large production scale. Building materials are an important component of the construction industry, so the production scale of building materials companies is often relativel...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The government has issued several policies to support the development of the equipment and machinery manufacturing sector, including On Promoting Machinery Manufacturing by th...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Purchase costs account for the largest part of revenue in the Building Material Production Equipment Manufacturing industry. Cost structures vary between industry operators.
Including values and annual change:
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Key data sources in China include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Building Material Production Equipment Manufacturing industry in China is $27.6bn in 2024.
There are 1,239 businesses in the Building Material Production Equipment Manufacturing industry in China, which has grown at a CAGR of 1.6 % between 2019 and 2024.
The market size of the Building Material Production Equipment Manufacturing industry in China has been growing at a CAGR of 2.5 % between 2019 and 2024.
Over the next five years, the Building Material Production Equipment Manufacturing industry in China is expected to grow.
Cement and cement product production equipment and Machine tools for processing glass and fiberglass are part of the Building Material Production Equipment Manufacturing industry.
The level of competition is moderate and increasing in the Building Material Production Equipment Manufacturing industry in China.