The output of waterproof coatings in my country is gradually increasing, and the industry concentration is relatively low.

Waterproof coating, also known as pure acrylic polymer emulsion, waterproof paint, etc., is one of the subdivision products of waterproof materials. It is mainly made of polymer as the base material, and then added with filling materials, modified materials and related additives. made of paint. Waterproof coating can form a continuous, seamless and waterproof layer of coating film with a certain thickness, and has certain plasticity, ductility, crack resistance, etc. Waterproof coatings are mainly used on base surfaces that require waterproofing treatment, such as bathrooms, exterior walls, roofs, basements, etc. of buildings to meet the waterproof and anti-penetration requirements inside and outside the building. With the gradual advancement of production technology, the types of waterproof coatings have gradually become richer. According to different product forms, they can be roughly divided into reactive type, emulsion type, solvent type, etc.

At this stage, my country’s waterproof coating industry chain has basically been formed. The upstream of the industrial chain is mainly the raw material industry, providing paraffin, base oil, emulsion, asphalt, SBS modifier and other raw materials; the midstream is mainly the production industry of waterproof coatings, responsible for the production and manufacturing of different types of waterproof coatings; the downstream is mainly oriented to application fields , mostly used in construction, rail transit, water conservancy facilities, roads, bridges and tunnels, architectural decoration and other fields.

According to the “China Waterproof Coating Industry Market In-depth Research and Development Prospects Forecast Report 2023-2028” released by the Industrial Research Center, the recent Over the past few years, my country’s real estate developers have over-constructed and invested, resulting in a glut of housing. Coupled with the impact of the epidemic, consumer demand for home purchases has continued to shrink, and its market size has gradually shrunk. According to data released by the National Bureau of Statistics, in 2022, the housing construction area of ​​my country’s real estate development enterprises was 9,049.99 million square meters, a decrease of 7.2% from the previous year. As an ancillary industry of the real estate market, the market for waterproof coatings will fluctuate accordingly. Although the size of the real estate market is gradually declining, the overall market size is still relatively large. Coupled with the gradual release of market demand for building decoration, building renovation, and renovation of old communities, the demand for waterproof coatings is gradually increasing. Against this background, the output of waterproof coatings in my country has gradually increased. In 2022, my country’s waterproof coating output will be 1.219 billion square meters, a year-on-year increase of 12.35%.

Industry analysts said that there are a large number of companies in my country’s waterproof coating market and the industry concentration is relatively low. Foreign waterproof coating companies mainly include Saint-Gobain Group, Nippon Paint, Mapei Building Materials, Mefit Industry, Henkel Group, Lei Di Building Materials, ARDEX Building Materials, JCDecaux Building Materials, Sika Group, etc. Domestic waterproof coating companies mainly include three Keshu Paint, Keshun Waterproofing, Oriental Yuhong, Hongyuan Waterproofing, Zhuobao Technology, BNBM Group, etc. In the early days, most of my country’s waterproof coating market was dominated by foreign companies, while domestic companies had a low market share. As my country’s waterproof coating companies gradually rise, product quality gradually improves, updates and iterations gradually accelerate, market competitiveness gradually increases, and their market share will gradually increase in the future.