The Chinese Market for Thermal Insulation Products

The Chinese Market for Thermal Insulation Products

IAL Consultants is pleased to announce the publication of its updated multi-client survey on The Chinese Market for Thermal Insulation Products.

This report covers the rapidly expanding construction industry in China and the increasing use of thermal insulation materials. It builds upon IAL’s knowledge of the thermal insulation markets and details the market for 2012 and projected consumption of thermal insulation products through to 2017.

The research has drawn on the extensive database on thermal insulation markets developed by IAL for previous multi-client surveys carried out since 1988 and on other studies that have discussed specific raw materials used in thermal insulation products.

The single volume study covers the major thermal insulation materials across the six regions of China – East, Mid-South, North, South West, North East and North West.

This new study provides the following information:

• Production and consumption for 2012 and forecasts to 2017
• Market segmentation by geographic region, product and end-use sector for 2012 and forecasts to 2017
• Identification of leading manufacturers by product segment
• Local pricing information
• Market trends by product type
• Directory of major Chinese thermal insulation manufacturers

Research for this report has drawn on a variety of published sources, including government statistics, trade associations, in-house and library data. Our staff in Beijing also conducted an extensive telephone interview programme during the second quarter of 2013.

Data is given in m³, tonnes and value (RMB).

Types of Insulation Covered:
- Mineral Fibre (Glasswool & Stonewool)
- Expanded Polystyrene
- Extruded Polystyrene
- PU/PIR Foams
- Phenolic Foams

Includes manufacturer production data for each product type.

End-use Sectors Covered:
• Building
- Residential/Commercial/Industrial Buildings and Infrastructure
- Cold Stores
- Agricultural Buildings
• Industry
- Pipe Lagging
- Domestic Appliances
- Transport
- Process Plant
CONTENTS

1. INTRODUCTION 1

1.1 SCOPE OF THE STUDY 1
1.2 METHODOLOGY 1
1.3 PRODUCTS COVERED 1
1.3.1 Mineral Fibre 1
1.3.2 Expanded Polystyrene (EPS) 2
1.3.3 Extruded Polystyrene (XPS) 2
1.3.4 Polyurethane Foam 2
1.3.5 Phenolic Foam 3
1.4 END-USE SECTORS 3
1.4.1 Construction 4
1.4.2 Industrial 5
1.5 PRICES 5
1.6 UNITS OF VOLUME 7
1.7 FORECASTS 9

2. BACKGROUND 11

2.1 DEMOGRAPHIC DATA 11
2.2 CLIMATIC DATA 20
2.3 MACROECONOMIC DATA 22

3. MARKET SUMMARY AND FORECASTS TO 2017 25

3.1 MARKET REVIEW - 2012 25
3.2 MARKET FORECASTS - 2017 35
3.3 GROWTH RATES - 2012-2017 46

4. MARKET REVIEW 47

4.1 THE MARKET BY MATERIAL TYPE, 2012-2017 47
4.1.1 General Market 47
4.1.2 Glasswool 51
4.1.3 Stonewool 63
4.1.4 EPS 76
4.1.5 XPS 87
4.1.6 PU 99
4.1.7 Phenolics 111
4.2 THE MARKET BY END-USE APPLICATION, 2012-2017 122
4.3 THE MARKET IN BUILDING & INDUSTRY BY TYPE IN 2012 126
4.4 THE MARKET BY REGION, 2012-2017 128

5. MARKET INFLUENCES 131

5.1 MACROECONOMIC TRENDS 131
5.1.1 General Construction Trends 131
5.1.2 New Housing Construction 136
5.1.3 New Non-Housing Construction 138
5.2 LEGISLATIVE AND ENVIRONMENTAL FACTORS AFFECTING THE USE OF THERMAL
INSULATION PRODUCTS 143

6. SUPPLIERS AND MANUFACTURERS OF THERMAL INSULATION PRODUCTS 145

6.1 PROFILES OF KEY SUPPLIERS 145
6.1.1 Saint-Gobian Group 145
6.1.2 Shanghai Advanced Building Material Mineral Wool Co. Ltd. 147
6.1.3 Jinan Shengquan Group 149
6.1.4 Knauf Insulation 151
6.1.5 Owens Corning 153
6.1.6 Rockwool (China) Co. Ltd 156
6.1.7 Hebei Huamei Group 158
6.1.8 Beijing New Building Material Group Co. Ltd 160
6.2 DIRECTORY OF SUPPLIERS 162
6.2.1 Mineral Fibre/Glasswool & Stonewool 162
6.2.2 Expanded Polystyrene 170
6.2.3 Extruded Polystyrene 174
6.2.4 PU/Polyisocyanurate 178
6.2.5 Phenolics 187

7. SOURCES OF INFORMATION 191



TABLE OF TABLES

1. INTRODUCTION 1

1.1 SCOPE OF THE STUDY 1
1.2 METHODOLOGY 1
1.3 PRODUCTS COVERED 1
1.4 END-USE SECTORS 3
1.5 PRICES 5
Prices Used, RMB/m3 (2012) 6
1.6 UNITS OF VOLUME 7
Densities Used, kg/m3 (2012) 8
1.7 FORECASTS 9

2. BACKGROUND 11

2.1 DEMOGRAPHIC DATA 11
Regions of China and the Major Cities, 2012 12
The Chinese Population, 1952-2012 16
Chinese Population Distribution, Urban vs. Rural, 1962-2012 (Million and %) 17
Regional Distribution of the Chinese Population and Chinese Population Density, 2011 18
2.2 CLIMATIC DATA 20
Monthly Average Temperatures in China's Major Cities, 2011 (°C) 21
2.3 MACROECONOMIC DATA 22
Summary of Macroeconomic Trends in China, 2005-2012 23
GDP and GDP Per Capita in China, 1990-2012 24

3. MARKET SUMMARY AND FORECASTS TO 2017 25

3.1 MARKET REVIEW - 2012 25
Total Chinese Thermal Insulation Market Volume by Type and End-Use, 2012 (m3) 26
Total Chinese Thermal Insulation Market Volume by Type and End Use, 2012 (Tonnes) 29
Total Chinese Thermal Insulation Market Value by Type and End Use, 2012 (RMB Million) 32
3.2 MARKET FORECASTS - 2017 35
Forecast Total Chinese Thermal Insulation Market Volume by Type and End-Use, 2017 (m3) 37
Forecast Total Chinese Thermal Insulation Market Volume by Type and End-Use, 2017 (Tonnes) 40
Forecast Total Chinese Thermal Insulation Market Value by Type and End-Use, 2017 (RMB Million) 43
3.3 GROWTH RATES - 2012-2017 46
Growth in the Chinese Thermal Insulation Market by Type & End-Use, 2012-2017 in m³ (% Growth p.a.) 46

4. MARKET REVIEW 47

4.1 THE MARKET BY MATERIAL TYPE, 2012-2017 47
The Chinese Thermal Insulation Market by Type, 2012-2017 (m3 & % Share) 47
The Chinese Thermal Insulation Market by Type, 2012-2017 (Tonnes & % Share) 48
The Chinese Thermal Insulation Market by Type, 2012-2017 (RMB Million & % Share) 50
Production of Glasswool Thermal Insulation Materials in China, 2001-2012 (m3 & % Growth) 53
Production of Glasswool Thermal Insulation Materials in China, 2001-2012 (Tonnes & % Growth) 53
Production of Glasswool Thermal Insulation Materials by Region in China, 2012 (m3, Tonnes & % Share) 54
Major Glasswool Thermal Insulation Materials Manufacturers in China, 2012 (m3, Tonnes & RMB million) 56
Consumption of Glasswool Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 58
Consumption of Glasswool Thermal Insulation Materials by Application in China, 2012 (m³, Tonnes & % Share) 60
Production of Stonewool Thermal Insulation Materials in China, 2001-2012 (m³ & % Growth) 65
Production of Stonewool Thermal Insulation Materials in China, 2001-2012 (Tonnes & % Growth) 65
Production of Stonewool Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 66
Major Stonewool Thermal Insulation Materials Manufacturers in China, 2012 (m³, Tonnes & RMB million) 68
Consumption of Stonewool Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 71
Consumption of Stonewool Thermal Insulation Materials by Application in China, 2012 (m³, Tonnes & % Share) 72
Production of EPS Thermal Insulation Materials in China, 2001-2012 (m³ & % Growth) 77
Production of EPS Thermal Insulation Materials in China, 2001-2012 (Tonnes & % Growth) 78
Production of EPS Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 79
Major EPS Thermal Insulation Materials Manufacturers in China, 2012 (m³, Tonnes & RMB million) 80
Consumption of EPS Thermal Insulation Materials by Region in China, 2012 (m3, Tonnes & % Share) 82
Consumption of EPS Thermal Insulation Materials by Application in China, 2012 (m³, Tonnes & % Share) 84
Production of XPS Thermal Insulation Materials in China, 2001-2012 (m³ & % Growth) 89
Production of XPS Thermal Insulation Materials in China, 2001-2012 (Tonnes & % Growth) 89
Production of XPS Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 90
Major XPS Thermal Insulation Materials Manufacturers in China, 2012 (m³, Tonnes & RMB million) 92
Consumption of XPS Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 94
Consumption of XPS Thermal Insulation Materials by Application in China, 2012 (m³, Tonnes & % Share) 95
Production of PU Thermal Insulation Materials in China, 2001-2012 (m³ & % Growth) 101
Production of PU Thermal Insulation Materials in China, 2001-2012 (Tonnes & % Growth) 101
Production of PU Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 102
Major PU Thermal Insulation Materials Manufacturers in China, 2012 (m³, Tonnes & RMB million) 103
Consumption of PU Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 106
Consumption of PU Thermal Insulation Materials by Application in China, 2012 (m³, Tonnes & % Share) 108
Production of Phenolic Thermal Insulation Materials in China, 2001-2012 (m³ & % Growth) 113
Production of Phenolic Thermal Insulation Materials in China, 2001-2012 (Tonnes & % Growth) 114
Production of Phenolic Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 114
Major Phenolic Thermal Insulation Materials Manufacturers in China, 2012 (m³, Tonnes & RMB million) 116
Consumption of Phenolic Thermal Insulation Materials by Region in China, 2012 (m³, Tonnes & % Share) 117
Consumption of Phenolic Thermal Insulation Materials by Application in China, 2012 (m³, Tonnes & % Share) 118
4.2 THE MARKET BY END-USE APPLICATION, 2012-2017 122
The Chinese Thermal Insulation Market by End-Use, 2012-2017 (m³ & % Growth p.a.) 122
The Chinese Thermal Insulation Market by End-Use, 2012-2017 (Tonnes & RMB Million) 124
4.3 THE MARKET IN BUILDING & INDUSTRY BY TYPE IN 2012 126
The Chinese Market for Thermal Insulation by Type in Building and Industry, 2012 & 2017 (m³ & % Share) 126
The Chinese Market for Thermal Insulation by Type in Building and Industry, 2012 & 2017 (Tonnes & % Share) 127
The Chinese Market for Thermal Insulation by Type in Building and Industry, 2012 & 2017 (RMB million & %
Share) 127
4.4 THE MARKET BY REGION, 2012-2017 128
Thermal Insulation Material Consumption by Region in China, 2012 (m3) 128
Thermal Insulation Material Consumption by Region in China, 2017 (m3) 128
Growth in Thermal Insulation Material Consumption in China by Region, 2012-2017 (% Growth pa) 129

5. MARKET INFLUENCES 131

5.1 MACROECONOMIC TRENDS 131
Chinese Construction Output by Value, 1999-2011 (RMB 100 Million) 131
Regional Construction Output Value in China, 2010-2011 (RMB 100 Million, % Share & % Growth) 132
Total Construction Output Value by Branch and Region, 2011 (RMB million) 133
Value-Added of Construction by Region in China, 2005-2011 (RMB million) 135
Floor Space of New Housing Construction in Urban and Rural Areas in China, 1990-2012 (Million m2) 137
Number of New Dwellings in China, 1990-2012 (Million) 138
Non-Housing Construction by Sector in China, 1997-2011 (10,000 m2) 139
Non-Housing Market in China by Sector & by Region, 2011 (10,000 m2 and % Share) 140
Number of Selected Non-Housing Buildings in China, 1998-2011 142
5.2 LEGISLATIVE AND ENVIRONMENTAL FACTORS AFFECTING THE USE OF THERMAL
INSULATION PRODUCTS 143

6. SUPPLIERS AND MANUFACTURERS OF THERMAL INSULATION PRODUCTS 145

6.1 PROFILES OF KEY SUPPLIERS 145
Sales Performance in Thermal Insulation Materials for Saint-Gobain by Sector, 2011 and 2012 (m3) 146
Financial Data on Thermal Insulation Materials for Saint-Gobain, 2011 and 2012 146
Financial Data on Thermal Insulation Materials for Shanghai ABM, 2011 and 2012 148
Sales Performance on Thermal Insulation Materials for Shanghai ABM by Sector, 2011 and 2012 (m3) 148
Financial Data on Thermal Insulation Materials for Jinan Shengquan Group, 2011 and 2012 149
Sales Performance in Thermal Insulation Materials for Jinan Shengquan by Sector, 2011 and 2012 (m3) 150
Financial Data on Thermal Insulation Materials for Knauf China, 2011 and 2012 152
Sales Performance in Thermal Insulation Materials for Knauf China by Sector, 2011 and 2012 (m3) 152
Financial Data on Thermal Insulation Materials for Owens Corning, 2011 and 2012 154
Sales Performance in Thermal Insulation Materials for Owens Corning by Sector, 2011 and 2012 (m3) 155
Financial Data on Thermal Insulation Materials for Rockwool China, 2011 and 2012 157
Sales Performance in Thermal Insulation Materials for Rockwool China by Sector, 2011 and 2012 (m3) 157
Financial Data on Thermal Insulation Materials for Huamei Group, 2011 and 2012 159
Sales Performance in Thermal Insulation Materials for Huamei Group by Sector, 2011 and 2012 (m3) 159
Financial Data on Thermal Insulation Materials for BNBM Group, 2011 and 2012 161
Sales Performance in Thermal Insulation Materials for BNBM Group by Sector, 2011 and 2012 (m3) 161
6.2 DIRECTORY OF SUPPLIERS 162

7. SOURCES OF INFORMATION 191