China's leading Vacuum Insulation Panel (VIP) technology leader, FJST Advanced Materials Technology Group, said on December 2 that the company invested in a newly built expansion project of ultra-low thermal conductivity vacuum insulation panels with an annual output of 3.5 million square meters to achieve commercial production.
FJST stated that the company's annual VIP production capacity in 2020 is expected to reach 5.5 million square meters, and the annual production capacity is expected to reach 8 million square meters by the end of 2021.
Regarding the market demand for VIP panels, FJST said that since the fourth quarter of 2017, domestic and foreign appliance and refrigerator companies have continued to increase their demand for vacuum insulation panels. With the tightening of energy conservation and emission reduction policies in various countries and the mandatory requirements for the upgrade of refrigerator energy efficiency standards, the penetration rate of VIP in refrigerator products will continue to increase in the future. At present, refrigerators and freezers in China mainly use polyurethane foam as the insulation layer, and the foaming agent used in polyurethane foam is mainly a blend of cyclopentane and HFC-245fa. Since HFCs are potent greenhouse gases, with the completion of the Kigali Amendment to the Montreal Protocol in 2016, the parties included HFCs in the restricted list and drafted emission reduction schedules, including my country’s The vast majority of developing countries will freeze HFCs consumption in 2024, cut it by 10% by 2029, and cut it by 80% by 2045.
FJST said that China`s consumption upgrade and refrigerator product structure optimization will also promote the application of VIP. The social ownership of China`s refrigerator market has exceeded 400 million units, and the upgrading has become the main consumption momentum of the refrigerator market. Retail volume and retail sales accounted for the highest proportion of each volume segment. In order to meet the increasingly stringent energy efficiency requirements and save the space occupied by the refrigerator for consumers, by using VIP, it can achieve stronger thermal insulation performance, lower energy consumption and thinner cabinets.
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