Beijing –China Polyurethane Industry Association (CPUIA) said in March that the country has become the world’s biggest PU product maker.
CPUIA said that in 2013 the country accounted for over 40% of the global volume, manufacturing 8.7m tonne PU products, up 12% from 2012.
There was significant growth in the insulation sector, automotive and waterborne PU materials sectors said the CPUIA.
The Association estimates the insulation panel sector will bring an additional 310kT and 380kT demand in China for rigid PU foam in 2014 and 2015. Currently China’s has over 250 operating production lines for PU insulation panels, a record high.
In 2012 China’s Ministry of Housing and Urban-Rural Development introduced a plan to improve building energy efficiency. The Ministry, under the twelfth five-year-plan until 2015, has introduced regulations that mean newly constructed buildings in urban areas must be 30% more energy efficient the 2010 standard. Higher standards are demanded in first-tier cities, such as Shanghai and Beijing, where new buildings must have energy efficiency close to those in developed countries with similar climates.
The Association also forecasts that by the end of 2015, a total of 52% of China’s population will live in cities and new buildings constructed by 2015 will have a total area of 4bn to 5bn m².
According to CPUIA’s website, when China’s twelfth five-year-plan is finished the country will have pumped RMB5tn ($820bn) into energy saving sectors. This includes RMB1tn into the construction sector.
In the next three to five years PU insulation panels are likely to take up 30% to 50% of China’s total consumption of building insulation materials by volume.
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