The waterproofing membrane industry is greatly affected by the development of the construction industry. The current development of the industry faces huge challenges.

Waterproof membrane refers to a type of flexible waterproof building materials that can be rolled into rolls. It is one of the important subcategories of waterproof materials. According to different materials, waterproofing membranes can be divided into asphalt waterproofing membranes, polymer modified waterproofing membranes, synthetic polymer waterproofing membranes, etc. Common waterproofing membrane products currently on the market include thermoplastic polyolefin (TPO) waterproofing membrane, elastomer SBS and plastomer APP modified asphalt waterproofing membrane, polyvinyl chloride (PVC) waterproofing membrane, tireless self-adhesive polymer Modified asphalt waterproofing membrane, etc.

According to the “2023 Waterproof Membrane Industry In-depth Market Research and Investment Analysis Report” released by the Industrial Research Center, waterproof membranes have It has good corrosion resistance, aging resistance, high temperature resistance, excellent earthquake resistance, ultraviolet radiation resistance, tensile properties, etc. It is mainly used in construction engineering fields such as building roofs, highways, home decoration, basements, tunnels, bridges, etc. As the scale of domestic infrastructure construction continues to expand and the output value of the construction industry continues to increase, waterproof membranes, as important waterproof materials in the fields of infrastructure and construction, are experiencing increasing market demand and rising production.

According to data from the National Construction Industry Association, the total output value of the domestic construction industry will reach 29.3 trillion yuan in 2021, and the added value will reach 8 trillion yuan. As a result, according to data from the National Bureau of Statistics, domestic production of asphalt and modified asphalt waterproofing membranes has reached 2.96 billion square meters in 2021, a year-on-year increase of 18.0%.

However, after entering 2022, affected by various factors such as the severe domestic economic development situation, the decline in project operation rates caused by repeated epidemics, tightening market demand and prominent uncertainties, and rising raw material prices, the development of my country’s waterproof membrane industry has entered a trough, and output It also fell to the lowest level over the same period in the past decade. According to data from the Building Waterproofing Association, from January to October 2022, domestic production of asphalt and modified asphalt waterproofing membranes dropped by 12.5% ​​year-on-year, and industry development faces huge challenges.

At present, there are many companies in the domestic waterproofing membrane market. The main companies include Dongfang Yuhong, Keshun Co., Ltd., Beijing New Construction Building Materials, Zhuobao Technology, Yuzhongqing Waterproofing, Hongyuan Waterproofing, Dayu Waterproofing, etc. The industry concentration is low. At present, the competition pattern in the domestic waterproofing membrane market is relatively stable. Three companies, Dongfang Yuhong, Keshun Co., Ltd. and Beijing New Construction Building Materials, have always occupied the leading position in the domestic market.

Industry analysts said that as an important type of waterproofing material, waterproof membranes are widely used in construction, infrastructure, etc. The field of engineering construction plays an important role. Currently, under the background of the rapid development of the domestic construction industry, the market demand for waterproof membranes continues to increase, and the industry shows a good development trend. However, under the influence of the domestic economic environment in 2022, the industry has entered a trough. In the future, under the background of policies such as “Guaranteed Delivery of Buildings”, “Sixteen Financial Measures”, and “Three Arrows” that will continue to benefit the development of the domestic real estate industry, the domestic waterproofing membrane market is expected to stop falling and rebound, and continue to maintain a steady growth trend.