This report forecasts to 2028 China insulation demand in metric tons, square meter R-1 value, and nominal US dollars at the manufacturer level, as well as production in nominal US dollars at the manufacturer level. Total demand in metric tons is segmented by material in terms of: foamed plastic; mineral wool; fiberglass; and other materials such as aerogels, cellulose, and reflective insulation.
Total demand is also segmented by market in square meters of R-1 value as follows: residential buildings; nonresidential buildings; appliances; HVAC and air distribution; industrial and plant equipment; transportation equipment; and other markets such as nonbuilding construction, furniture, and packaging.
To illustrate historical trends, total demand in metric tons is provided in annual series from 2013 to 2023; total production by value, total demand by value and in square meters R-1 value, and the various segments are reported at five-year intervals for 2013, 2018, and 2023.
Both thermal and acoustic insulation are included in the scope of this report. Granulated mineral wool used in ceiling tiles is excluded.
For any given historical year, US dollar amounts are obtained from values expressed in applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2023.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report.
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