Core Viewpoint - The rapid urbanization and infrastructure development in China have led to increased emphasis on the quality and safety of infrastructure construction, with government policies supporting the robust growth of the drainage cover industry [1][2]. Policy Support - The Chinese government has implemented various targeted policies to support the drainage cover industry, focusing on industrial support, technological innovation, and quality supervision [1]. - Key policies include promoting smart municipal infrastructure, enhancing digital infrastructure, and accelerating ecological environment infrastructure projects [2]. Market Growth - The overall market size of the drainage cover industry in China reached approximately 9.128 billion yuan in 2023, reflecting a year-on-year growth of 5.97% [2]. - The composite material drainage cover market has seen rapid growth, with a market size of 2.738 billion yuan in 2023 and a compound annual growth rate (CAGR) of about 17.53% from 2017 to 2023 [4]. Industry Characteristics - The drainage cover industry is characterized by the widespread use of cement and cast iron covers in various infrastructure projects, including roads, bridges, drainage systems, and underground pipelines [2]. - Composite material drainage covers, made from fiberglass and resin, offer advantages such as high strength, aesthetic appeal, and resistance to environmental factors, making them increasingly popular [4]. Research Methodology - The research team utilized a combination of desktop research, quantitative surveys, and qualitative analysis to comprehensively analyze the drainage cover industry's market capacity, industry chain, operational characteristics, profitability, and business models [6].