IBISWorld’s Road & Highway Construction market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Industry Analysis & Industry Trends

The Road and Highway Construction industry in China has been growing rapidly, driven by China's urbanization, increases in automobile ownership and freight and passenger road transportation turnover volumes, and increasing government investment. In 2017, industry revenue is expected to amount to $367.1 billion, up 4.5% from 2016. Over the past five years, revenue has been growing at an average annualized rate of 9.0%. The total length of road in China increased from 3.7 million kilometers in 2008 to 4.7 million kilometers in 2016. Meanwhile, the total length of highway in China rose from 60,300 kilometers to about 131,000 kilometers.

In 2017, there are 46 industry enterprises operating 434 establishments and employing 838,180 workers with a payroll of $20.6 billion...

Industry Report - Starting a New Business Chapter


Capital input is required for road and highway construction. New companies can apply for loans from banks, but it is much easier for large companies with well-known reputations to obtain support from financial institutions.


Existing large-scale industry participants have sound track records, which helps during the tendering process. For most large construction projects, previous experience and successes are considered during the tendering process.

Access to large-scale projects

The barriers for new entrants entering the bottom level of the industry are not high due to the capital and technology level required in such level is low. For..

Additional Insights for the Road & Highway Construction Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Road & Highway Construction Industry are

  • Ability to compete on tender
  • Ability to take advantage of government subsidies and other grants
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Funding (Federal and State) and Gross Private Fixed Investment - Non Residential Structures in the Road & Highway Construction industry impact industry performance..

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    Industry Products

    What is the Road & Highway Construction Industry?

    The Road and Highway Construction industry in China is mainly engaged in constructing roads and highways. The maintenance of roads and highways is included in the industry as well. Companies within the industry may subcontract some or all of the actual construction work.

    Industry Products
    First-class roads
    Substandard roads
    Second-class roads
    Third-class roads
    Fourth-class roads
    Industry Activities
    Road construction and maintenance
    Highway construction and maintenance

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Funding (Federal and State)
  • Gross Private Fixed Investment - Non Residential Structures
  • Legislative Compliance Requirements
  • Domestic Goods Prices - Manufactures Other - Cement
  • Domestic Goods Prices - Metals - Steel

  • Current Performance
  • Enterprises and wages
  • Road and highway length
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Road & Highway Construction Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Road & Highway Construction Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Freight Trucking
  • Bus Transportation
  • Couriers
  • Households

  • Key Selling Industries
  • Cement Product Manufacturing
  • Construction Equipment Manufacturing
  • Iron and Steel Smelting
  • Paint Manufacturing

  • Products & Services
  • Fourth-class roads
  • Substandard roads
  • Third-class roads
  • Second-class roads
  • Highways
  • First-class roads
  • Chart: Road & Highway Construction Industry Products and Services Segmentation

  • Demand Determinants
  • Automobile usage
  • Urbanization and population growth
  • Economic growth
  • Freight and passenger transportation
  • National policies

  • Major Markets
  • Government
  • Private sector
  • Chart: Major Market Segmentation for the Road & Highway Construction Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Road & Highway Construction

  • Basis of Competition
  • Access to materials
  • Ability to win a bidding
  • Reputation
  • Project management skills
  • Relationships with subcontractors

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Road & Highway Construction Industry

  • Industry Globalization
    Major Companies
    Sichuan Railway Investment Group Co. Ltd.Hunan Road & Bridge Construction Group Corp.Fujian Road & Bridge Construction Co. Ltd.Guizhou Road & Bridge Group Co. Ltd.Guangdong Provincial Communications Group Co. Ltd.
  • Table: Sichuan Railway Investment Group Co. Ltd. - financial performance
  • Table: Hunan Road & Bridge Construction Group Corp. - financial performance
  • Table: Fujian Road & Bridge Construction Co. Ltd. - financial performance
  • Table: Guizhou Road & Bridge Group Co. Ltd. - financial performance
  • Table: Guangdong Provincial Communications Group Co. Ltd. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Road & Highway Construction Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Road & Highway Construction Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Investment (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Classified Road
  • China's technical classifications for roads and highways are based on function and traffic volume.
  • Subcontractor
  • Individual or enterprise that signs a contract to undertake part or all of the obligations of another enterprise's contract.
  • Toll Revenue
  • Generated by collecting fees for passage on roads and highways.
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    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Road & Highway Construction:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Road & Highway Construction market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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