Abstract
In the past three years, China' s annual output of refractory materials has
grown steadily, accounting for nearly a half of the world total. The causes
for this can be attributed to China' s resource and labor advantages, as well
as strong domestic demand as a result of its ongoing nationwide economic
construction.
China ranks first in the world in terms of consumption volume of refractory
materials. Products are extensively used in most of the country' s large-scale
basic industries like the steel, cement, and glass industries, which are all
very important or mainstay industries and have made great contributions to
China' s national economy. Therefore, the refractory material industry also
plays a very important role in China' s economy. As China' s economy grows
rapidly, the refractory market has been boosted and the market need is
expected to rise. In the forthcoming years, the market demand is set to keep
high and consequently the industry is expected to rise until 2009.
Affected by macro regulation policies, China' s export of refractory materials
in 2007 dropped by 39.20 percent compared with 2006. In the same year,
refractory material import grew by 30.39 percent.
China has abandoned export tax rebates for most refractory raw materials, and
will reduce the tax rebates for finished products. This indicates export of
refractory materials is further limited, which will have impact on advanced
countries which import most refractory raw materials and products from China.
They have to move their factories to China to lower cost. As a result, China' s
refractory industry will have a favorable development opportunity.
Also, due to high cost and more severe environmental restrictions, the
refractory manufacturers in developed countries have to transfer the
production of bulk and labor-intensive products to developing countries. China
undoubtedly has more opportunities thanks to rich raw materials and low labor
cost.
Compared with other industries, the investment returns in the refractory
manufacturing industry is rather high. It has risen sharply ever since 2003,
particularly in the period of 06-07, and is expected to continue this rising
trend in the coming years.
Investment opportunity in Refractory material product manufacturing industry
can be considered in: Long-life-span and low-consumption refractory materials
for ladles; Highly efficient refractory materials for continuous casting and
continuous rolling; Refractory materials for refining furnace; High
performance unshaped refractory materials; Refractory materials suitable with
new manufacturing methods; High performance refractory materials for key
equipments used in cement, nonferrous metal, petro-chemical and ceramics
industries; Environmentally and ecologically friendly refractory materials.
China refractory material product manufacturing industry, 2008-2009, is an
invaluable asset for anyone who wants to invest in the refractory material
product manufacturing industry, to import into/from China, to build factories
in China, to partner with one of the key Chinese corporations, or to compete
in the segment. The report provides in-depth analysis and detailed insight
into the refractory material product manufacturing industry, market drivers,
key enterprises and their strategies, as well as technologies and investment
status, risks and trends.
This report has a total of 11 chapters:
- 1. Refractory material product manufacturing industry state and
characteristics
- 2. Refractory material product manufacturing industry economic operating
environment analysis
- 3. Refractory material product manufacturing industry development in 2008
- 4. Refractory material product manufacturing industry operating status
analysis for 2008
- 5. Refractory material product manufacturing industry financial analysis
for 2008
- 6. Refractory material product manufacturing industry chain (upstream,
downstream, and related industries) analysis in 2008
- 7. Refractory material product manufacturing industry key enterprises
competitiveness analysis in 2008
- 8. Refractory material product manufacturing industry project investment
status in 2008
- 9. Refractory material product manufacturing industry investment status
analysis for 2008
- 10. Developing trend analysis in Refractory material product manufacturing
industry
- 11. Industry development strategic recommendations in Refractory material
product manufacturing industry in 2008
Data source: national statistics, market research and monitoring,
industry associations and institutions, import-export statistics, and others.
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