Description
North East Asia Cement Market Size and Outlook Report by Applications, by Plant Capacity, by Production, by Trade and by demand (2019-2029)
Insight
North East Asia is the world largest cement market, dominated by China. Both demand and supply are still on the rise. China has the world’s largest cement industry, where various infrastructural projects are in the pipeline. According to China’s 13th Five Year Plan (2016-2020), urbanisation in the country will continue expanding, requiring more commercial construction. Nevertheless, roads, rails, trams, metro system, canals, dams, airports are also under construction.
Over the past few years, Chinese cement and concrete industry experienced unprecedented growth, pushed by rising demand. Nevertheless, we anticipate that the cement and concrete demand is going to slow down in the coming years due to slowing GDP growth. The 14th Five Year Plan (2021-2025) may have some negative implications for the cement industry.
The cement industry is facing calls for capacity cuts as it is suffering from overcapacity. Prices and profits margins are already lower. As a consequence, we expect some closures and more consolidations in the Chinese market. Moreover, the Chinese government has started the ‘One Belt One Road’ (OBOR) initiative, which opened the way for Chinese manufacturers to invest in developing countries. New plants are set to be built in the partner countries, particularly where the potential for demand growth is higher.
Scope and Coverage
The Cement Market in North East Asia 2019-2029 explores current key developments and the future direction of the Middle East cement industry covering the following key aspects:
- Cement production in North East Asia by country
- Cement production capacity in North East Asia by country
- Cement production capacity utilisation in North East Asia by country
- Update on new cement capacity addition by country
- Cement capacity by plant
- Cement demand in North East Asia by country
- Per Capita consumption in North East Asia by country
- Cement consumption by end users in North East Asia by country
- Cement imports and exports in North East Asia by country
- Construction spending in North East Asia by country
- Macroeconomics indicators in North East Asia by country
- ROTS Analysis (Risks, Opportunities, Trends and Strategies) of the North East Asian cement market
Forecast Segmentation
- Production
- Capacity
- Demand in value
- Demand in volume
- Demand by end users
- Net exports
- Construction spending
- Macroeconomic forecasts
Country Coverage
- China
- Japan
- South Korea
- Taiwan
- Rest of North East Asia