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China’s Waterproof Market Surges To A New High With National Incentives
Author：未知 Source：0 Updated:2017-12-26 10:12:06
Over years Chinese governments have done their utmost to accelerate the building waterproof market. In this June, Action Plan of Improving Building Waterproof Quality2017 was issued by General Administration of Quality Supervision, Inspec
Over years Chinese governments have done their utmost to accelerate the building waterproof market. In this June, Action Plan of Improving Building Waterproof Quality2017 was issued by General Administration of Quality Supervision, Inspection and Quarantine of the P.R.C, contributing to foster high-caliber market of waterproof industry.
Additionally, rare opportunities and unprecedented changes have been wrought by China-proposed “Belt & Road” Initiative. And waterproof industry as the kernel of green construction, is set to take off! For waterproof industry in China, the enterprises are accessible to reach out globally and introduce in advanced technologies or products by capitalizing on USD$21 trillion economic value created by 26 participating countries of “Belt & Road” Initiative.
Made-in-China waterproof brands make their marks internationally!
A soaring number of home enterprises specializing in waterproof industry so far have established solid partnership with overseas companies, and made their marks internationally !
Beijing Oriental Yuhong Waterproof Technology Co., Ltd(hereinafter named as Oriental Yuhong) as the Asia’s largest provider for waterproof system has successfully reached out to global clients. It has built up Overseas R&D Center of Water-based Coating(in Pennsylvania) together with Lehigh University, USA, and Overseas R&D Center of Modified Asphalt (in South Carolina)together with Asphalt Technology LLC and The University of Alabama, USA.
Weifang Hongyuan Waterproof Materials Co., Ltd(hereinafter named as “Hongyuan Waterproof”) has expanded its business into more than 33 countries and regions, making progresses by leaps and bounds. For instance, its SBS modified bitumen waterproofing membranes were applied in the Golden City project in Myanmar, and biomass power plants in Philippines while its CPE waterproof membranes were provided for Hongsa Power Company in Laos, and other waterproof projects in Congo, Ghana, Nepal, Lesotho, etc.
Waterproof market shall witness steady gains globally and surpass USD$3 billion by 2024, according to a research by Global Market Insights, Inc. While China asphalt membrane market from roofing applications is scaled up to USD 250 million at the end of forecast period. It is convinced that China becomes the hot land for foreign investors.
Chinese governmental incentives as well as infrastructural spending in building waterproof industry to a large extent advance the market. Each year, more than a hundred companies and tens of thousands of visitors gather in Roof China, a premier event in Guangzhou China to learn top-notch waterproof technologies and purchase advanced waterproof products. Please mark your calendar and embark a rewarding business trip in Roof China!
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