According to vice secretary of China's energy-saving & emission reduction Association, 36 million security programs will drove construction and insulation market. If the market was lifted, demand from the PU rigid foam ( PMDI and rigid foam) as feedstock is expected to grow.
Nowadays housing pricing returned to be reasonable and real estate industry weakened. Commercial house transactions in the first and second tier cities presented insipid and new house inventories in several cities have exceeded the reasonable extent.
Some data indicate that weak land market stifled the scale of constructions. Many problems like decrease of orders and financing problems has emerged in construction and insulation industries, which led to the reshuffle of construction and insulation industries. But insulation industry prospect is expected for optimism.
Analysis is as follows:
Firstly, 36 million security house programs will stimulate the construction and insulation market. Government has continued to increase security house construction and 2011 is expect to see investment of 13,000 constructing 10 million new security houses.
Secondly, there are huge prospect for small and middle scale cities. No option remains for the first and second tier cities like
Arrival of town-country integration times will prop the construction and insulation market. By 2020
Lastly, commercial housing industry is anticipated to be the largest buyer for construction industry and foreign capital poured into the commercial land industry. Data shows that about 100 billion investment will come into Asian commercial land industry and