Notes

Development of the industry faces many difficulties
Cities that have a lot of prefabricated parts are mostly located around Beijing, Shanghai, Shenzhen and other cities. A lot of projects are still able to win bids with low costs and competition in the market is intense. Presently, both Beijing as well as Shanghai have entered the stage of platform development for the construction of prefabricated buildings. The market for prefabricated components is limited in terms of increments, and the capacity to manufacture of companies that manufacture prefabricated products is inadequate. Additionally, the costs of raw materials like steel bar, sand, and cement have increased dramatically this year, while the price of the products sold has not seen a significant increase. Prefab factories are growing, but they are difficult to run, and many new medium and small-sized businesses are in the process of being converted or going bankrupt as well as the trend of investing blindly in new prefab factories is now largely over.
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In the same way the demand for prefabricated structures in the major cities like South China, Southwest China and Northwest China has continued to grow, and some prefabricated factories are still investing in the construction. Prefabricated concrete components found in these regions are mostly focused on the construction of prefabricated homes. In the majority of areas horizontal components like stairs and laminated panels are the primary components. These products are not technically difficult to manufacture. manufacturing difficulty and have low obstacles to entering. Certain new factories are blindly offering low-cost products to take over the market. This is a common occurrence and is accompanied by a low level of standardization of products, which results in low efficiency of production and a large amount of cost amortization which can seriously hinder the growth of the prefabrication industry.

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