IAL's update of a stuffy on the Chinese in 2010, total Chinese demand for thermal insulation reached some 133 million cu.m, equivalent to approximately 4 million tonnes and valued at RMB 65 000 billion ($10 063 million) .
Significan trends noted by London=based IAL in this revised report are"
* By 2020 the Chinese government is determined to reduce its energy consumption by 50% from that of 2005, which will provide a significant boost for the growth in thermal insulation material demand in China
* To achieve the energy saving targets, the government has implemented a series of compulsory energy saving standards and measures
* There are about 40 billion sq.m of buildings in China currently, of which 75% to 80% are high-energy-consuming types. The Chinese government focused on transforming 165 million sq.m of existing buildings in the 11th Five Year plan period (2006-2010), and will continue to reinforce the transformation of the remaining buildings into energy efficient buildings
* Commercial and public buildings will be the focus in the 12th Five Year Plan period (2011-2015); this will provide significant opportunities for the thermal insulation material industry over the next five years
* Improvement in incomes and living standards will further boost demand for thermal insulation, as heating and air conditioning in homes become more popular
The one volume report, 'Chinese Market for Thermal Insulation,' includes data for 2010 and forecasts to 2015 for mineral fibre: glasswool & stonewool; expanded polystyrene (EPS), extruded polystyrene (XPS), polyurethane foam and phenolic foam.
Market data by region and by end-use application is also provided.
For more information visit www.ialconsultants.com
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