Insulation in China to 2011

Abstract

Demand in China to grow 9% annually through 2011

Demand for insulation is forecast to increase 9.0 percent annually through 2011 to ¥28.4 billion. Gains will be fueled by strong building construction activity and increasing production of products that incorporate insulation materials, such as refrigerators and freezers. Moreover, continued initiatives to improve energy efficiency in manufacturing processes and in climate control will also boost market gains.

Nonresidential construction, transportation equipment, appliance markets to enjoy favorable growth prospects

Insulation is utilized in virtually all residential and nonresidential construction, as well as industrial; heating, ventilating and air conditioning (HVAC); appliances; transportation; and other applications. Favorable growth prospects will exist in nonresidential building construction, and the appliance and transportation equipment markets. Insulation materials used in nonresidential structures will benefit from strong fixed investment activities in office, commercial and institutional facilities. Demand for insulation in appliance and transportation equipment markets will be boosted by growing production of equipment, as well as by efforts to reduce energy consumption. Still, demand for insulation materials in residential building and the industrial and HVAC equipment markets will remain healthy as the economy continues to expand and living standards rise. Residential uses for insulation will be driven by strong new housing starts, especially multi-family apartments in urban areas. Industrial and HVAC equipment applications will be fueled by further increases in manufacturing activities and continued efforts to improve energy efficiency in manufacturing processes and climate control.

Study coverage

It presents historical demand data for the years 1996, 2001 and 2006 and forecasts for 2011 and 2016 by material type, market and region. The study also considers market environment factors, evaluates company market share and profiles 30 industry competitors.