By 2022, the market size of thermal insulation materials in China will reach 175.9 billion yuan

In recent years, driven by a series of favorable factors such as national policy promotion and technological progress, China's insulation material industry has ushered in new development opportunities.It is expected that by 2022, the market size of thermal insulation materials in China will exceed 175 billion yuan, with a compound annual growth rate of 12%.

Analysis of the situation

The development history of China's thermal insulation material industry is the history of the technical development direction of industry products.At the end of last century, the main products are perlite, rock wool insulation materials;By the first 10 years of this century, the mainstream products into extruded boards, polyurethane and other organic insulation materials;At present, the perlite inorganic insulation materials with fire performance re-into the field of vision, the traditional heat insulation materials have entered the early phase of elimination;In the future, composite and multi-functional insulation materials will gradually occupy the market and become the absolute leading role.

Market, after years of development, China's insulation materials industry rapid growth.In 2010, the market size of China's thermal insulation materials was about 25.07 billion yuan, and in 2016, the market size of China's thermal insulation materials reached 80.46 billion yuan, with a compound growth rate of about 21.45%.

In terms of supply and demand, in 2016, the output of heat insulation materials in China was about 6.32 million tons, and the apparent consumption of heat insulation materials was about 5.973 million tons, which was significantly higher than the previous year.

In terms of imports and exports, the total volume of imports and exports of heat insulation materials in 2016 was 420 million us dollars, down 7.65% year-on-year.Among them, the import amount was us $7,587.35, up 15.18% year-on-year;Exports totaled us $344 million, down 11.52% year-on-year.The trade surplus was $268 million.

Characteristics of the paper

The development of thermal insulation materials industry in China presents three major characteristics, namely periodicity, seasonality and regionality.

The development of thermal insulation materials industry is closely related to the national policies on energy conservation and emission reduction, as well as the development of downstream industries.According to the current policy orientation of energy conservation, the insulation and heat insulation industry will have broad development space in the future.The demand of products applied in different fields of downstream is consistent with the change trend of policy environment, development level, economic benefit and other factors of specific industries of downstream.

Insulation, insulation materials industry as a whole presents certain seasonal characteristics.Most heat preservation, heat insulation materials for water-based materials, subject to the physical properties of water, below zero degrees Celsius, the production of materials and construction will be limited to a certain extent.Therefore, the production season of heat preservation and thermal insulation materials is from April to November, which varies slightly according to different geographical locations.

The number of thermal insulation material manufacturers in China is mainly distributed in east China, north China, south China and other regions, with the highest market share of manufacturers in east China, up to 43.0%.The second region is north China, where the market share of manufacturers is 33.1%.South China was third, with 15.5 per cent of the market.

outlook

In the future, there will be five favorable factors for the development of thermal insulation materials industry in China.Second, building energy conservation and environmental protection demands continue to improve;Third, national policies to encourage the development of heat insulation materials;Fourth, the order of heat insulation materials industry gradually standardized;Fifth, technological progress has promoted the development of new heat insulation materials.

However, the price of thermal insulation materials is high, the market awareness is low, the industry access threshold is low, the concentration rate is low, the lack of high-end technical personnel to restrict the follow-up development of the industry and other problems are also prominent, or affect the further development of the industry.

In addition, with the improvement of the quality and performance of inorganic thermal insulation materials, as well as the continuous optimization and improvement of insulation insulation application system, the application proportion of inorganic materials will gradually increase, and the corresponding reduction of organic materials.

In general, the development prospects of China's thermal insulation materials industry are good, and the market size is expected to reach 175.9 billion yuan by 2022.