B2B drives market demand, with B2B spending representing 72.0% of total demand in 2020. Beijing Gas Group Co Ltd is the largest company in China, generating 6.9% of the industry’s total turnover in 2020. The industry is fragmented, with the top three companies generating 13.5% of total turnover in 2020. The total number of companies increases in 2020, to 11,531 units. The costs of the industry decrease by 1.7% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.2% of turnover in 2020, the 18th highest in the region. With turnover of USD80.9 billion, China accounts for 46.2% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Manufacture and Distribution of Gas in China: ISIC 402. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Manufacture and Distribution of Gas in China: ISIC 402 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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