mineral wool
China’s two-decade high economic growth has spurred the rapidly rising consumption of insulation materials (including mineral wool). Since 1990, the country’s insulation materials (including mineral wool) consumption is growing 9.5% annually. In 2000, the consumption of insulation materials (including mineral wool) increased to 1,054,100 metric tons and Chinese domestic production reached 939,100 metric tons. China’s demand for insulation materials (including mineral wool) 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 (including mineral wool) output, which is forecast to rise to 2,203,910 metric tons by the year 2010. Insulation materials (including mineral wool) 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 (including mineral wool) demand will continue to outstrip supply. The country will continue to depend upon insulation materials (including mineral wool) imports through the next century.
|