Cement industry demand for environmental dust removal equipment comes from cement production capacity

　　First, favorable factors

　　(1) Environmental protection policies and regulations release dividends

　　In October 2017, the “Guiding Opinions on Accelerating the Development of Environmental Protection Equipment Manufacturing Industry” issued by the Ministry of Industry and Information Technology clearly stated that by 2020, a number of regulated enterprises with demonstration and leading role should be supported in each key area. We will cultivate 10 billion-scale leading enterprises and build 1,000 “specialized and special” small and medium-sized enterprises to form a number of industrial clusters with strong driving effects and distinctive characteristics. The "Guidance Opinion" also proposed that the environmental protection equipment manufacturing industry achieved an output value of 620 billion yuan in 2016, doubling that of 2011; by 2020, the output value will reach 1 trillion yuan. At the same time, the state has raised atmospheric emission standards, increased VOC and other new pollutant emission control requirements, and thermal power, steel, cement and other industries need to carry out desulfurization and denitrification and other related environmental protection equipment transformation and technology upgrades, which will promote the development of environmental protection manufacturing.

　　(II) Rapid development of environmental protection industry drives the rapid expansion of the scale of environmental protection equipment industry

　　In the development of the “Thirteenth Five-Year Plan”, the environmental protection industry will play an increasingly important role. The government is making efforts to develop the environmental protection industry into a new pillar of the national economy. Under the new economic normal background, the rapid development of the environmental protection industry will drive environmental protection equipment. The industry is developing in the direction of mixed industry, and at the same time, the scale of the industry is rapidly expanding.

　　Second, the unfavorable factors

　　(1) The low-end homogenization competition of environmental protection equipment products is serious

　　At present, the innovation capability of environmental protection equipment manufacturing industry is not strong, and the competition for low-end homogenization of products is serious. China's environmental protection equipment manufacturing industry still has weak links in key technologies and key equipment, such as instrumentation and its sensors, algorithms and basic materials, pharmaceuticals, etc., and has long relied on imports. At the same time, China's environmental protection equipment technology innovation mechanism is not perfect, and the construction of technology innovation system combining production, education and research is slow.

　　(2) Low concentration of environmental protection equipment manufacturing industry

At present, China's environmental protection equipment industry, the scale of enterprises is small, the industrial concentration is low </span> 80% or more for small and medium-sized private enterprises, basically no leading enterprises with core competitiveness, system integration and engineering general contracting capacity, Can form a demonstration driving effect.

　　Production forecast of special equipment for environmental pollution prevention and control

　　In 2015, the output of special equipment for environmental pollution prevention and control in China was 629,000 units (sets), and in 2016, it was 867,000 units (sets), an increase of 37.79%. From January to September 2017, the output of special equipment for environmental pollution prevention and control in China was 583,200 units (sets), a year-on-year increase of 6.84%.

　　Based on the above factors, we expect that </span>2018 China's special equipment for environmental pollution prevention and control will reach 1.032 million units (sets), and the compound annual growth rate in the next five years (2018-2022) will be about 7.14%, which will be 2022. It reached 1.36 million sets (sets).

　　Environmental protection special equipment manufacturing industry revenue forecast

As of the end of November </span>, China's environmental protection equipment manufacturing industry revenue was 295.17 billion yuan, an increase of 7.9%.

　　Based on the above factors, we expect that </span>2018 China's environmental protection equipment manufacturing industry revenue will reach 356 billion yuan, the compound annual growth rate in the next five years (2018-2022) is about 9.15%, 2022 will reach 5,054 100 million yuan.

　　Environmental protection special equipment manufacturing industry profit forecast

　　As of the end of November </span>, the profit of China's environmental protection special equipment manufacturing industry was 20.21 billion yuan, an increase of 9.1%.

　　Based on the above factors, we expect that </span>2018 China's environmental protection equipment manufacturing industry profits will reach 24.3 billion yuan, the compound annual growth rate in the next five years (2018-2022) is about 5.72%, 2030 will reach 303 100 million yuan.