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  • Written on 23.05.2010 - Literature
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Insulation in China

Study 2617, The Freedonia Group, Inc., Cleveland, OH, USA, 2010, 198 p., USD 5,300.00

The new market study Insulation in China analyses the market for insulation materials in China. According to the study, demand is expected to annually grow 8.2% through 2013 to CNY35.7billion (EUR3.8billion). Advances will be driven by growth in building construction and expanding manu­facturing activities.

Efforts to improve energy efficiency in manufacturing processes as well as in heating and air conditioning systems will also contribute to insulation demand. Foamed plastic is expected to continue to dominate the insulation market and post the fastest growth through 2013.

Demand for fibreglass and mineral wool is forecast to also remain healthy. The fastest growth prospects exist in non-residential building construction. The OEM market for insulation will be boosted by growing production of household appliances and motor vehicles, according to the study. China’s trade surplus in insulation reached CNY1.6billion (EUR234million) in 2008. Major export destinations include Southeast Asia, the Middle East, and Eastern Europe.


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