Cement Net Exclusive: Optimistic Estimate: Cement Demand Will Drop to 1 Billion Tons in the Next Ten Years

2024-08-19 10:54:23

Ma Weiping pointed out that over the years, China's per capita annual cement consumption has been around 1500 kilograms, and the current domestic actual market demand has been unable to maintain such a high cement consumption. In recent years, the demand for cement has been declining. In the next 10 years, cement demand will continue this trend. Ma Weiping said: "Referring to the per capita annual cement consumption of 400 to 500 kilograms in developed countries, we are still far away from them."

What is the trend of cement demand in

the next 10 years? Ten years later, what will be the probability of cement demand in China?

Recently, China Cement Network communicated with Dr. Ma Weiping, former chairman and president of Yaobai Cement Group. Ma Weiping said that in ten years, the probability of cement demand will drop to about 1 billion tons.

Ma Weiping pointed out that over the years, China's per capita annual cement consumption has been around 1500 kilograms, and the current domestic actual market demand has been unable to maintain such a high cement consumption.

In recent years, the demand for cement has been declining. In the next 10 years, cement demand will continue this trend.

Ma Weiping said: "Referring to the per capita annual cement consumption of 400 to 500 kilograms in developed countries, we are still far away from them."

"Even if it drops to 1 billion tons, we still have 700 kilograms per capita, which is still higher than others, so this is an optimistic estimate." Ma Weiping pointed out.

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Ma Weiping pointed out that over the years, China's per capita annual cement consumption has been around 1500 kilograms, and the current domestic actual market demand has been unable to maintain such a high cement consumption. In recent years, the demand for cement has been declining. In the next 10 years, cement demand will continue this trend. Ma Weiping said: "Referring to the per capita annual cement consumption of 400 to 500 kilograms in developed countries, we are still far away from them."

2024-08-19 10:54:23

Among the top 500 Chinese enterprises in 2025, the number of enterprises with revenue exceeding 100 billion yuan was 267, an increase of 14 over the previous year, and the proportion of 100 billion yuan enterprises reached 53.4%. In 2024, the "Top 500" enterprises achieved a business income of 110.15 trillion yuan, and the total scale maintained a growth trend compared with the previous year; the average R & D intensity of the listed enterprises increased for 8 consecutive years, reaching a new high of 1.95%; the number of state-owned enterprises and private enterprises maintained a basically balanced pattern, with 251 and 249 respectively.