In 2025, the demand of cement industry will continue to decline, the utilization rate of production capacity will decline, the price will be under pressure, and the industry is facing deep adjustment and stock game. In 2026, at the key point of reshaping the supply pattern and intensifying the pressure of transformation, China Cement Network is scheduled to open the 15th China Cement Industry Summit and TOP100 Award Ceremony in Hangzhou on April 9-10. At the same time, the " Cement Economy Fifty People Forum (C50) " will be held, and many authoritative experts in the industry will gather on the spot to bring heavy reports such as macroeconomic research and judgment, industrial chain synergy strategy, green intelligent technology innovation, etc., to lay out the layout for the green transformation and high-quality development of the industry, and to open a new chapter for the development of the "15th Five-Year Plan". Zhang Liqun, a researcher at the Macroeconomic Research Department of the Development Research Center of
the State Council, said that as a cyclical industry highly bound to investment demand, the repair of cement demand will first rely on government-led infrastructure projects. The accelerated construction of various infrastructure projects has directly stimulated the demand for cement, and the cement industry needs to focus on the pace of project landing and promotion. Yan Haochun, General Manager of the Certification and Evaluation Center
of CIQ: Emission reduction is the core of quota management. Cement enterprises need to focus on emission control at the source of production: for the three major emission sources of carbonate decomposition, fuel combustion and power consumption, promote new dry process, alternative raw materials and fuels, waste heat power generation, high-efficiency grinding and other technologies, and develop low-calcium cementitious materials. Layout CCUS technology, reduce the total emission from the process and raw material side, and optimize the quota profit and loss from the root. At the market level, enterprises must participate in the performance of carbon trading in accordance with the regulations, purchase or use CCER to offset when the quota is insufficient, and the surplus of the quota can be sold in the market to realize profits. In addition, enterprises should use carbon financial instruments to maintain and increase the value of assets. Qi Yanyong, associate professor of
Southwest University of Science and Technology, said that if the recovery heat of the decomposition furnace and the rotary kiln is not matched according to the output ratio, or the adjustment range of the coal consumption of the rotary kiln does not match the change of the air volume, the coal combustion efficiency of the rotary kiln will be reduced, such as insufficient oxygen. Finally, it directly leads to the increase of coal consumption in the system. The operation of the cement firing system according to the design output shall follow the principle of synchronous matching of output, air volume and coal consumption, precisely regulate and control the high-temperature fan and the first row of air, and at the same time, clarify the limit of production reduction under the fixed structure, realize the coal consumption control under the design capacity condition through fine and standardized operation, and improve the production economy. Yang Kewei, deputy general manager
of Kerui Research Center, said that the growth rate of development investment has slowed down this year, and the scale of land acquisition and new construction is still at a low level. The sales area of commercial housing will still decline by 5% -10%, the construction area of land investment will decline by 10% -15%, the new construction area of real estate enterprises will decline by 10% -15%, the peak of guaranteed delivery has passed, and the completed area is expected to decline by 10% -15%. Although the contraction of the scale and development speed of the real estate market has brought severe challenges to the cement industry, the potential in the fields of urban village reconstruction, urban renewal, affordable housing construction and infrastructure construction has provided new development space for the cement industry. Chen Tianyu, assistant general manager of
China Coal Resources Network, said that the overall supply and demand of thermal coal is expected to show a tight balance this year, and the price center is expected to move up slightly, but the volatility will intensify, showing a pattern of "top, bottom" interval shocks. In 2026, the cement industry will face the dual pressures of further downward demand and upward movement of the coal price center at the cost side and intensified fluctuations. The cost control ability of cement enterprises directly determines the living space of enterprises. Under the current upside-down background of imported coal, coastal enterprises can moderately increase the proportion of domestic coal procurement, and use the domestic off-season price window period to replenish the warehouse.
China Cement Net Cement Big Data Research Institute analyst Li Kunming: Real estate will continue to decline, infrastructure support is insufficient, it is expected that the demand for cement in 2026 will still be in the downward channel, the annual cement output in 2026 may be around 1.6 billion tons, down about 5% year on year. Under the background of effective supply control and cement price rebound, the industry profit is expected to continue to repair at a low level, and the industry profit margin is expected to be around 3% -4% throughout the year. There is a risk of a decline in industry profits. Overall, the industry profit in 2026 is still at a relatively low level. Lin Jiayi, analyst of Cement Big Data Research Institute of
China Cement Network: In 2026, the demand for concrete market continued to decline sharply, and the decline in both volume and price led to the continuous reduction of industry revenue scale. At the same time, due to the increasing pressure on the cost side, the profit margin of concrete sales has been eroded, and the total profit of the industry has declined significantly. According to the total data, in 2026, the main business income of industrial enterprises above the scale of concrete and cement products industry is expected to reach about 1 trillion yuan, with a year-on-year decline of about 15%, and the total profit of the industry is expected to be about 25 billion yuan, with a year-on-year decline of more than 13%.
This summit will also have more industry cafes to bring in-depth interpretation and cutting-edge sharing, full of dry goods and brilliant. If you want to listen to authoritative opinions and grasp the trend of the industry at the first time, please sign up for the " 15th China Cement Industry Summit and TOP100 Award Ceremony " and talk with many experts about the new future of the cement industry!
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