London, 23 June 2015: Technavio, the independent tech-focused global research firm, has published a report on the cement market in China 2015-2019, which is expected to grow at a CAGR of 1.21% during the period 2015-2019.
“The market is currently witnessing a new trend where cement is sold on the internet. Chinese cement manufacturers are now providing sales and services via e-commerce,” says Faisal Ghaus, Vice President of Technavio.
“The market defragmentation will escalate e-commerce in the cement market and also many manufacturers are expected to adopt e-commerce as an important tool for marketing and sales of cement.”
Key Market Drivers
- Investment in Infrastructure Sector
- Large-scale Urban Development Projects
- Steady Growth of Construction Market in APAC
Key Market Trends
- Focus on Sustainable Development
- Adoption of Performance Improvement Techniques
- Rise of Cement E-commerce
Key Market Vendors
- ACC
- Anhui Conch Cement
- CNBM
- China Resources Cement
- China Shanshui Cement Group
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
