The Chinese concrete industry is facing a majority of bankruptcies

In the first half of 2025, the concrete industry in Zhejiang Province has delivered a mixed answer under the dual pressure of policy dividends and market winter.

Swift Lift Clutches

Despite steady progress in the province’s economy, with a year-on-year increase of 5.

8% in regional gross domestic product and a total output value of over 553 billion yuan in the construction industry, the concrete industry is deeply mired in a quagmire of low operating rates, frequent price wars, and a wave of corporate bankruptcies.

According to industry statistics, the number of concrete enterprises in the province decreased by 11.

16% in the first half of the year compared to the same period last year.

Among them, 72 enterprises were forced to withdraw from the market due to business difficulties, and the industry reshuffle accelerated.

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