2020 architectural waterproof coatings are developing in this direction

Building waterproofing is about building safety and longevity, and about people's livelihood and well-being. The application fields of building waterproofing materials are constantly expanding, and have been widely used in infrastructure construction, real estate and other fields. In 2020, driven by the infrastructure and renovation market, the market demand for waterproof materials will remain strong, and the output of waterproof materials will continue to grow; but the downward pressure on the national economy and the slowdown in the growth of real estate investment have intensified industry competition, industry income and profits The growth rate has declined.

Increased demand and increased market concentration

In 2020, the intensity of infrastructure construction will not decrease. The construction of the Greater Bay Area and the comprehensive start of the renovation of old urban communities will require greater demand for waterproof materials. The total output of waterproof materials is expected to increase faster than last year. Statistics show that although the main business income and total profit of enterprises above designated size continue to maintain double-digit growth, the growth rate has slowed. In addition, the rapid development of the waterproofing industry last year has attracted the attention of central enterprises and listed companies, so industry mergers and reorganizations are relatively frequent. Sankeshu acquired a 70% stake in Guangzhou Dayu and invested in building a waterproof industrial base in many places. Astronix plans to build a waterproof coil production line in Shijiazhuang. At the same time, the business of waterproof companies has begun to extend vertically and horizontally. In the next few years, the industry will continue to increase market concentration through mergers and acquisitions, business expansion, and corporate competition.

Judgement of future trends-the industry pattern is expected to be reshaped

China's economy has entered a stage of medium-speed growth, and real estate development companies will continue to maintain a cautious attitude towards follow-up investment. With further implementation, there is strong demand for infrastructure construction in various localities, coupled with factors such as the large-scale construction of old residential areas, the market demand for waterproof materials is still very large. According to the prediction of China Building Waterproof Association, the growth rate of building waterproof materials will be about 8.1% in 2020, and the total output of waterproof materials will be about 2.616 billion m2. Among them, the growth rate of waterproof membranes and waterproof coatings is expected to reach 9.0% and 9.1%, respectively. In 2020, there may be more merger and reorganization cases in the waterproof industry. The entry of central enterprises and listed companies will reshape the industry pattern. The competition in the waterproof industry will be more orderly. The waterproof companies will work together to develop new high-quality waterproof industries era.