China accounts for 30% of global insulation materials

    According to a newly released market research report, it is estimated that from 2009 to 2014, the global demand for thermal insulation materials will increase at a rate of 5% per annum, and the demand will be nearly 23 billion square meters (calculated by R-1 value). .
    According to the latest report released by the Friedonia Group, a market research company headquartered in Cleveland, USA, “Global Insulation Materials” report, in developed countries, sales of such materials will return to growth after a significant decline in 2008 and 2009.
    In 2009-2014, more than 40% of the new insulation material demand in the world will come from the Asia-Pacific region. Due to advances in process manufacturing, increased shipments of electrical appliances, and the rapid development of residential and non-residential construction industries, consumption in this area is expected to increase at a rate of nearly 6% per year. In 2009-2014, China is expected to account for only 29% of all new global insulation materials.

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