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CHINA FOAM PLASTICS MARKET PROFILE

Beijing Zeefer Consulting Ltd. February 2011

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INTRODUCTION
This report discusses the foam plastics market in China mainly from the following sections. - Size of Foam Plastics Market in China Based on Zeefer's China Market Size Formula, by the analysis on China foam plastics market size, industry sales revenue and domestic foam plastics output in 2007 - 2009, this report presents a picture of the real development of foam plastics market in China and changes in the overall market size. - Hot Areas of China Foam Plastics Market Based on the comparison and analysis on China's foam plastics production and import in different provinces or cities, this report points out those hot areas in China for foam plastics market deserve most attention. - Top 10 Enterprises in China Foam Plastics Industry Based on the comparison and analysis on top 10 leading enterprises in China foam plastics industry in terms of sales revenue, market share and number of employees, the report shows their positions in the foam plastics market in China. Additionally, this report lists basic contact information of the top 10 leading enterprises. - Market Share and Market Structure of China Foam Plastics Market This report analyzes the foam plastics market share distribution in China by segments based on enterprises nature (leading enterprises, foreign enterprises, state-owned and private enterprises), imports of foam plastics product and regional markets in China in terms of sale revenue, profitability, production volume, number of enterprises and the value of imports... The report offers data on the market shares of imported foam plastics products, foreign enterprises and enterprises in other forms. It also offers a comparison of profitability by forms of enterprise ownership, presents a picture of the market share of leading enterprises and the distribution of major regional markets in China. In addition, the report figures out the structure and

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concentration ratio of the current foam plastics market in China by means of Bain's Market Structure Classification and Index of CR4. - Import and Export of Foam Plastics Products In this section, the report includes the main source countries / regions of imported foam plastics products for China and their market shares, the domestic destinations of imported foam plastics products in China and shares for these destinations, major export destinations (countries or regions) for Chinese produced foam plastics products and shares of these destinations, major origins of the exported foam plastics products and their shares. - Foam Plastics Industry Standards in China The report lists relevant national standards and/or industrial standards concerning foam plastics products generally accepted in the foam plastics industry in China, including standard names both in Chinese and English as well as their unified code numbers. - Major Foam Plastics Importers in China The report lists 10 major importers for foam plastics products in China and provides their contact information such as company name, address, website, telephone number and fax number. - Summary on Key Statistics of the Foam Plastics Industry in China Based on the concise analysis on the sales revenue, production volume, number of enterprises, total profit, total loss, total assets, return on the asset and profit margin as well as other key statistics, China Foam Plastics Market Profile presents the current situation, the growth rate and profitability of the foam plastics industry in China.

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DECLARATION
Beijing Zeefer Consulting Ltd. and (or) its affiliates (hereafter, "Zeefer") provide this report with the greatest possible care. Nevertheless, Zeefer makes no guarantee whatsoever regarding the accuracy, utility, or certainty of the information in this report. Further, Zeefer disclaims any and all responsibility for damages that may result from the use or non-use of the information in this report. The information in this report may be incomplete and/or may differ in expression from other information in elsewhere by other means. The information contained in this report may also be changed or removed without prior notice.

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CONTENT
CHAPTER 1 PRODUCT DEFINITION ....................................................................................1 CHAPTER 2 MARKET SIZE.......................................................................................................3 2.1 ANALYSIS ON THE FOAM PLASTICS MARKET SIZE...............................................3 2.2 ANALYSIS ON THE CHANGES IN FOAM PLASTICS PRODUCTION VOLUME IN RECENT YEARS ..................................................................................................................5 2.3 AN OVERVIEW ON CHINESE ECONOMY ..................................................................6 CHAPTER 3 HOT SPOTS FOR FOAM PLASTICS PRODUCTS ACROSS CHINA ....10 CHAPTER 4 INDUSTRY OVERVIEW ...................................................................................12 4.1 A SUMMARY ON THE INDUSTRY...............................................................................12 4.2 AN ANALYSIS ON THE PROFITABILITY OF THE INDUSTRY..............................13 CHAPTER 5 ANALYSIS ON IMPORT & EXPORT.............................................................16 5.1 AN OVERVIEW ON THE IMPORT & EXPORT...........................................................16 5.2 A DETAILED ANALYSIS ON IMPORT & EXPORT OF FOAM PLASTICS PRODUCTS ..............................................................................................................................17 5.2.1 ANALYSIS ON MAJOR COUNTRIES OF ORIGIN FOR THE IMPORTED FOAM PLASTICS PRODUCTS .........................................................................................17 5.2.2 ANALYSIS ON THE MAJOR FLOW DESTINATIONS INSIDE CHINA.............19 5.2.3 ANALYSIS ON MAJOR EXPORT DESTINATIONS..............................................20 5.2.4 ANALYSIS ON MAJOR ORIGINS IN CHINA ........................................................22 CHAPTER 6 THE MARKET SHARE ......................................................................................24 6.1 ANALYSIS ON THE CONCENTRATION OF CORPORATE SALES REVENUE...24 6.1.1 ANALYSIS ON THE CONCENTRATION OF SALES REVENUE FROM LEADING ENTERPRISES ..................................................................................................24 6.1.2 COMPARATIVE ANALYSIS ON SALES REVENUE FROM TOP 10 ENTERPRISES WITH INDUSTRY AVERAGE ................................................................26 6.2 ANALYSIS ON THE CONCENTRATION BY AREA IN TERMS OF THE MARKET SHARE ......................................................................................................................................28 6.2.1 ANALYSIS ON CONCENTRATION OF REGIONAL SALES REVENUE ...........28 6.2.2 ANALYSIS ON THE CONCENTRATION OF REGIONAL PRODUCTION VOLUME ..............................................................................................................................29 6.3 MARKET POSITION OF FOREIGN ENTERPRISES AND THE TREND IN RECENT YEARS ......................................................................................................................31 6.3.1 CHANGES IN THE SHARES OF FOREIGN ENTERPRISES IN TERMS OF THE NUMBERS AND THE COMPARISON OF FOREIGN ENTERPRISES AND ENTERPRISES OF OTHER OWNERSHIP .......................................................................31 6.3.2 CHANGES IN THE SHARES OF SALES REVENUE FROM FOREIGN ENTERPRISES AND COMPARISON WITH THAT FROM ENTERPRISES OF OTHER OWNERSHIP.........................................................................................................33
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6.3.3 PROFITABILITY OF FOREIGN ENTERPRISES AND COMPARISON WITH ENTERPRISES OF OTHER OWNERSHIP .......................................................................35 6.4 ANALYSIS ON THE MARKET SHARE OF IMPORTED PRODUCTS AND RELEVANT VARIATIONS IN RECENT YEARS ...............................................................37 CHAPTER 7 TOP 10 ENTERPRISES.......................................................................................39 7.1 NANJING HONGBAOLI CO., LTD. ..............................................................................39 7.2 JIAOZUO FEIHONG PACKING CO., LTD...................................................................39 7.3 TAIDA CHEMICAL INDUSTRY (ZHONGSHAN) CO., LTD....................................40 7.4 PENGLAI TIANRI POLYURETHANE CO., LTD.........................................................41 7.5 WUXI XINGDA PLASTIFY MATERIAL CO., LTD......................................................41 7.6 HIGHER IMPORTS&EXPORTS GROUP CO., LTD. ....................................................42 7.7 FOSHAN CITY NANHAI DISTRICT XIAOTANG FOAM BOX-PLANT FACTORY ....................................................................................................................................................43 7.8 JIANGSU CHANGLE FOAM NEW MATERIAL CO., LTD. ......................................44 7.9 WUXI XINGYI PLASTIFY MATERIAL CO., LTD........................................................44 7.10 OMNOVA DECORATIVE PRODUCTS (SHANGHAI) CO., LTD...........................45 CHAPTER 8 PRODUCT STANDARD SYSTEMS ...............................................................46 CHAPTER 9 LIST OF MAJOR IMPORTERS ........................................................................48

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CHAPTER 3 HOT SPOTS FOR FOAM PLASTICS PRODUCTS ACROSS CHINA

Figure 5 Nationwide distribution map of foam plastics mfg. enterprises above designated size across China

Heilongjiang 4 Jilin 11 Liaoning 50

Xinjian 6

Inner Mongolia <4 Hebei

Beijing 29 Tianjin 21

Qinghai

Ningxia <4

Shanxi <4 4

31 Shandong 91

Gansu <4 Shaanxi Tibet Sichuan 13 17 Chongqing Guizhou <4 Yunnan 4

Henan 28 Hubei 16 Hunan 6

Jiangsu Anhui 146 Shanghai 34 68 Zhejiang 198 Jiangxi 13 Fujian 70

1-3 4-7 8-9 10-39 40-149 150+

Guangxi <4

Guangdong 274

Hainan <4

1 4 8 10 40 150

Guangdong, Zhejiang, and Jiangsu are the major production bases for foam plastics in China. From Jan. to Nov. 2009, enterprises engaged in foam plastics production above designated size in the above three areas added up to 618 firms, accounting for about 53.93% of all foam plastics producers above

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6.3 MARKET POSITION OF FOREIGN ENTERPRISES AND THE TREND IN RECENT YEARS

6.3.1 CHANGES IN THE SHARES OF FOREIGN ENTERPRISES IN TERMS OF THE NUMBERS AND THE COMPARISON OF FOREIGN ENTERPRISES AND ENTERPRISES OF OTHER OWNERSHIP
Figure 18 Changes in the percentage of numbers of foreign foam plastics mfg. enterprises across China and the comparison of foreign enterprises and enterprises of other ownership
2007 938 Percentage of foreign enterprises in term Foreign-funde s of the num ber of 216 enterprises in 2009 Others type of ownership Private Foreign-funde Collectively-ow 19.63% Others Private Foreign-funde 80.37% Collectively-ow Others 531 216 50 141 57% 23% 5% 15% 2008 2009

Changes in the percentage 1146 of 1022 num bers of foreign-funded 226 225 enterprises

921

15% 5% 23%

57%

605 14% 226 4% 4422% 147 59% 22% 4% 59% 14%

15% 715rivate 3% nded 225 20%30

176 62% 20% 62%3% 15%

2007 Private Foreign-funded Others type of ow nership

2008

2009 Foreign-funded Others

Collectively-ow ned

In 2009, among the 1,146 foam plastics mfg. enterprise above designated size across China, 225 are foreign enterprises, accounting for about a share of 19.63% of all. In terms of the number of enterprises, there were 1 foreign

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