Insulation Materials Industry: leveraging environmental policies support broad space for development

Core Tip: insulation material insulation, moisture, and high tensile strength, are widely used in many areas of construction, industrial, and transportation. Benefiting from state support for energy saving
Insulation material insulation, moisture, and high tensile strength, are widely used in many areas of construction, industrial, and transportation. Benefit from the national saving and environmental protection as well as support the deepening of urbanization, insulation materials will face a huge market demand; at the same time as technology breakthroughs and industry consolidation, the future of the insulation industry concentration will increase, competition continue to divide.
I. Industry Overview
Our insulation materials industry after nearly 20 years of development, product development from scratch, from single to diversity, from low to high quality, has been formed to cotton insulation, perlite, foam, fire-resistant fibers, silicic acid calcium-based varieties thermal insulation products and other relatively complete industrial, technology and production equipment has also been greatly improved. But because of insulation materials industry started relatively late, technology and production equipment is relatively backward, largely affected the promotion and application of thermal insulation materials. In recent years, thermal insulation materials industry, there is the phenomenon of redundant construction, a large number of homogeneous products production line, forming a homogeneous competition, but in technology development and applications is relatively scarce, resulting in low investment efficiency, low value of the product, supply and demand unbalanced situation.
With the development of the national economy and the gradual improvement of people's living standards, people living on the one hand and the workplace is ever increasing, the birth of a multifunctional, efficient new building materials and products demand; on the other hand a low-carbon economy, green increasingly become the main theme of environmental protection and social development, building energy conservation has become one focus. According to the Ministry of Housing and Urban-Rural Construction, building energy consumption accounts for more than 28% of total energy consumption in China.
In China about 40 billion square meters of existing buildings, nearly 99% are high energy consumers, compared with foreign building, wall heat transfer coefficient for 3.5-4.5 times, 2-3 times outside the window, the roof is 3-6 times per unit floor area of energy utilization rate is only 28 percent, compared to an average of nearly 50% in Europe and America, Japan, 57% efficiency is very far away. According to international experience and China's current level of development of building energy forecast, by 2020, the proportion of total energy consumption of the total building energy consumption society will reach about 35%, surpassing industrial energy, becoming the first in the field of energy, thereby visible, building energy conservation has become China's economic development process of the urgent need to address the problem. In this context, the use of new insulation materials to reduce energy consumption, reduce environmental pollution, play an important role in economic and social development.
At present, China is also thermal insulation materials for the legislation, the development of relevant industry standards, and gradually standardize the market order, and to encourage insulation materials to high-tech, lightweight, energy development, reduce energy consumption, to build a resource-saving , environment-friendly society to provide favorable conditions.
Second, the market size of the industry
According to "insulation materials market --2014 to 2019 Global Trends and Forecast" study show that during 2014-2019, the global thermal insulation materials market is expected compound annual growth rate of 6.8%.
January to August 2015, applied to the petrochemical field of thermal insulation materials across the highest proportion of thermal insulation materials market, the annual compound annual growth rate of 8.1%. 2019, in addition to other areas of petrochemicals, the amount of thermal insulation materials is expected to grow 12.4% compound annual growth rate. From a regional perspective, the current thermal insulation materials market in South America, with an expected CAGR of 10.9%. Asia-Pacific region by the industrialization of emerging economies driven by the rapid development of residential and non-residential construction industry, for thermal insulation material produces a large demand is expected compound annual growth rate of 11.2%, while due to lower labor costs and raw material prices, high temperature manufacturing regions of insulating material is shifting from the West to Asia-Pacific region.
Expected, as the Southeast Asian market residential and commercial construction market is gradually recovering from the financial crisis, 2010 - The 2017 average annual sales growth rate in Southeast Asia insulation materials market will reach 7.6%, will grow from 235,000 tons to 41.8 million tons, with an average annual sales revenue growth rate will reach 8.5%, from $ 447.7 million to $ 845.2 million US dollars.
According to the US Freedonia Group research report shows that with the rebound in the subprime crisis and the financial crisis gradually fade and real estate market, the US demand for insulation materials will increase 7.8% rise in demand for 2016 worth $ 8.9 billion. European insulation materials market has been more mature, is expected during 2014 to 2019 its growth rate is lower than average.
From the domestic market, in addition to industry, thermal insulation materials application requirements in the following areas is growing rapidly.