insulation

China's demand for insulations has grown at a fast pace in the past decade. In the next five years, both production and demand will continue to grow. China’s two-decade high economic growth has spurred the rapidly rising consumption of insulation materials. Since 1990, the country’s insulation materials consumption is growing 9.5％ annually. In 2000, the consumption of insulation materials increased to 1,054,100 metric tons and Chinese domestic production reached 939,100 metric tons. China’s demand for insulation materials is forecast to advance to 1,641,100 metric tons by the year 2005. As demand advances at a rapid pace, China strives to increase its insulation materials output, which is forecast to rise to 2,203,910 metric tons by the year 2010. Insulation materials imports are growing 11.8％ annually, increasing to 217,500 metric tons in 2000. In spite of new facility construction and capacity expansions, China’s insulation materials demand will continue to outstrip supply. The country will continue to depend upon insulation materials imports through the next century.