The market value of China's insulation material market will reach 6.7 billion euros in 2016

China Drying News was driven by building expansion. China's demand for thermal insulation materials grew at a rate of 9.4% per year. By 2016, the market value of thermal insulation market will reach 10.56 billion US dollars (approximately 6.7 billion euros).

According to the latest report, foam plastics still dominate China's insulation market, accounting for more than four-fifths of market share.

The high insulation value, moisture resistance, and ease of installation of foams are all factors that support their needs.

Due to the requirements of building regulations to reduce energy consumption, the demand for insulation materials will continue to rise.