According to the latest report of IHS, in 2016, the global needs of building chemicals reached up to 11millon tons with a market value of 34 billion dollars. Among which China accounted for the biggest part, 34%, the next is West Europe, 21%, the third one is North America, 15%. The report also predicted that the global needs of building chemicals will increase up to 13.6 million tons in 2021. IHS said that from 2006 to 2016, Chinese construction industry investment saw a rapid increase, the annual growth of which is up to 11%; from 2016 to 2021, the annual growth of Chinese architecture industry investment will slow down to 4-5%.
Building chemicals are mainly used for increasing building materials’ property or construction reliability, including concrete admixture, asphalt additive, adhesive, sealant, special coating and thermal insulation materials. The main trend which has an impact on building chemicals is including: globalization, accretion of population, construction demand increase caused by the growth of living standard, especially in developing countries, the integration of industries, especially in North America and West Europe and the increase of concrete additive.
The demand of reducing energy consumption and greenhouse gas emission is promoting the development of construction industry. According to ICCA’s report, the energy consumption of construction industry accounted for about 33% of global energy consumption. Statistics from UNEP show that the greenhouse gas emission of construction industry accounted for more than 33% of global greenhouse gas emission, and for every one ton of concrete, about one ton CO2 will be released into the environment.
As the demand of building chemicals is increasing and the need of adopting an eco-friendly material is urgent, it is important for construction companies to use a new material. YarQuenXer Melamine Foam, manufactured by SINOYQX, is Melamine resin foam plastic (called Melamine Foam) made from melamine resin. It is a kind of open-cell (over 99% open rate) thermosetting and eco-friendly foam. YarQuenXer Melamine Foam are used in industry, building, transportation, aviation as sound insulation and thermal insulation applications and magic sponge thanks to its excellent sound absorption performance and thermal insulation performance, light-weight, etc properties.