- Time:Oct 18, 2022
Cement is an important basic industry, and its development trajectory is closely related to the national economic situation. Over the past decade, along with the deepening of economic restructuring, the cement industry has experienced a trough and also created a brilliant. With the continuous promotion of supply-side structural reform, the domestic cement industry has made remarkable achievements in industrial structure optimization, outdated production capacity elimination, and overseas market...
Cement is an important basic industry, and its development trajectory is closely related to the national economic situation.
Over the past decade, along with the deepening of economic restructuring, the cement industry has experienced a trough and also created a brilliant. With the continuous promotion of supply-side structural reform, the domestic cement industry has made remarkable achievements in industrial structure optimization, outdated production capacity elimination, and overseas market expansion.
Through the changes, review the cement industry changes in the past time.
Investment in fixed assets
Cement is a typical cyclical industry, the trend of market demand and industry development is closely related to the macroeconomic situation. In the past decade, with the deepening of economic structural adjustment, China's economy has stepped into the stage of medium-high speed growth from high-speed growth, and the growth rate of fixed asset investment has been declining year by year under the background of economic new normal.
When the growth rate of fixed assets investment declines, it indicates that the cement market demand will bid farewell to the past steady growth.
Production capacity and yield of new dry clinker
Over the past decade, the domestic production capacity of new dry cement clinker basically maintained at about 1.8 billion tons from 2015, from 1.279 billion tons in 2012 to 1.59 billion tons in 2021, an increase of 311million tons, or 24.32%.
In addition, from 2012 to 2021, the national new dry cement clinker production line produced a total of about 14.3 billion tons of clinker.
In terms of utilization rate, the lowest point occurred in 2015 when the industry situation was the most severe, which was only 74.54%. At that time, the capacity utilization rate of clinker was even less than 50% in some regions such as Northeast China. Since then, thanks to the pull of cement demand from real estate and infrastructure, coupled with the cancellation of low-grade cement, the capacity utilization rate of clinker has been steadily improved, which has maintained at more than 80% for three consecutive years from 2019 to 2021.
On the whole, although the average level of cement clinker capacity utilization rate is relatively high in China, there are obvious regional differences. Taking Shandong, Henan, Shaanxi and Shanxi as the line, the capacity utilization rate in the south is relatively high, while the capacity utilization rate in the north is relatively low.
In addition, in the past ten years, the domestic cement industry has basically realized the full coverage of the new dry cement, the rapid development of cement industry equipment and technology, the whole process of production equipment is basically domestic, cement has become one of the most international competitive industry in the field of basic industry.
Production line construction and elimination
In the past decade, with the change of market demand, the cement industry has gradually moved from dynamic overcapacity to absolute overcapacity. Especially around 2015 as the node, before this, although the cement industry was faced with severe overcapacity problem, but because the demand was still in steady growth, the overcapacity problem was not particularly prominent, the market strategy of cement enterprises mainly focused on mergers and acquisitions, restructuring, scale expansion.
At present, the basic process of cement production has been solidified, but due to the iterative update of process equipment in each link, the large production line is often more competitive than the small production line, and the new production line is more competitive than the old production line. In the future, with the change of market competition, the proportion of large production lines is expected to be higher and higher, and the upsizing trend of cement production lines is obvious.
In the midst of twists and turns, the cement industry is heading for the stars
In the past ten years, due to the changes in the macroeconomic situation, the cement industry in the tide of The Times has experienced difficulties and ushered in a new life, and gradually found their own way in the future.
With the help of the 6-year golden development period from 2016 to 2021, leading cement enterprises accelerated the iterative renewal of production lines, continuously improved the concentration of production capacity, and made great progress in energy conservation, environmental protection, intelligence, industrial chain extension and other aspects.
In the face of new challenges, the cement industry has found its own way, that is, adhere to the road of green and high-quality development, accelerate the elimination of backward production capacity, promote the digital and intelligent upgrading of the industry, and rush to the future journey of high-quality and sustainable development.
ZHENJIN REFRACTORIES as a leader in cement kiln lining resistant materials, in the cement industry basic materials, also adhering to the principle of green production, with the international refractory material production standards as the goal, to produce high-quality resistant materials products.
ZHENJIN REFRACTORIES based on the high temperature industry, adhere to the industrial interests above the enterprise interests of the concept, industry profit first, to create the maximum value for customers, to achieve green production and intelligent manufacturing, jointly drive the development of the industry.
