Views: 0 Author: Site Editor Publish Time: 2022-08-03 Origin: Site
After a century of development, various polymer waterproof membranes such as TPO membranes and EPDM membranes have been born one after another, and have become the main products of waterproof membranes in the world. Although the global demand for waterproofing membranes has been affected by the epidemic, with the rapid growth of future demand for waterproofing membranes in the Asia-Pacific region, the global waterproofing membrane market is expected to exceed US$40 billion.
The global bitumen waterproofing membrane originated in Europe and was invented by the founder of Soprema, Charles Gayson. Bitumen waterproofing membrane was the main product of waterproofing membrane before the 1970s. In the 1970s, with the continuous development of global economic construction, the construction industry rose rapidly, and the requirements for waterproof membranes were further increased. Therefore, manufacturers tried to add modifiers such as high-polymerization SBS or APP to asphalt to improve waterproof membranes. The high and low temperature performance and durability of the material.
In the 1980s, with the advancement of the chemical industry and the diversification of architectural styles, PVC waterproof membranes appeared in Europe, and then under the pressure of environmentalists, various polymer waterproof membranes such as TPO membranes and EPDM membranes were successively developed. born. At present, various polymer waterproof membranes such as modified asphalt waterproof membranes, TPO membranes, and EPDM membranes have gradually replaced traditional waterproof membranes and become the main products of waterproof membranes in the world.
Benefiting from the growth of urbanization and industrialization in emerging economies, as well as the growth of investment in national infrastructure construction, the global waterproofing membrane market has developed positively in recent years. However, the outbreak of the epidemic in 2020 has led to blockades in most countries. The end of the supply chain, insufficient labor force, logistics constraints, and limited availability of components have affected the global demand for waterproofing membranes to a certain extent. In 2020, the global waterproofing membranes market will be about 35.5 billion US dollars.
The waterproofing membranes in North America and Europe have a long history of development and a high level of technology. At present, polymer waterproofing membranes occupy the main market share in the two regions. The Asia-Pacific region mainly uses modified asphalt waterproofing membranes, but because polymer waterproofing membranes are better in terms of durability and environmental protection, the demand has gradually expanded in recent years. In the future, the proportion of polymer waterproofing membranes in the Asia-Pacific region will increase. expand.
According to the United Nations, the global population is expected to reach 8.5 billion by 2030 and 9.7 billion by 2050, which will further require the construction of housing, commercial centres, roads and waste and water management facilities. In developing economies such as China, Brazil, India, Southeast Asia, etc., there is a large scope for developing and improving the quality of infrastructure.
The consumption of waterproofing membranes is expected to increase as these waterproofing membranes play a key role in improving the overall quality and durability of infrastructure. According to Markets and Markets forecast, the global waterproof membrane market will reach US$38.8 billion in 2025, and the global waterproof membrane market is expected to exceed US$40 billion in 2026.
The waterproofing membrane market in Asia Pacific is expected to grow at a CAGR of over the next five years as the building structures market in Asia Pacific is driven by growth in the construction industry, increasing consumer spending, and strong economic growth, thereby driving the demand for waterproofing membranes highest rate.
At the same time, waterproof products can effectively prevent water runoff and weather conditions in the construction of green roofs. With the arrival of the demand for green roof construction, waterproof membranes will develop in the direction of greening. In addition, EPDM, PVC, TPO and other materials have high durability, safety, environmental protection and pollution-free, and can even be reused. They will become the mainstream of global waterproof membrane development in the future, and the market demand will gradually increase.