Demand for single ply roofing membranes sustained by growth in German construction
18 May 2021
According to AMI Consulting's latest report, published 17/05/2021, demand for single ply roofing membranes in Europe was sustained in 2020 by strong demand in Germany.
2020 was a year like no other. The construction industry had to navigate lockdowns, labour shortages, interruptions to materials supplies and acute social and economic uncertainty. As many projects were put on hold, the focus turned to completing buildings already under construction. Consumers, with reduced physical access to shops, went on-line for their purchases creating huge stresses and strains for the infrastructure and the buildings needed to deliver on-line purchases. Demand for logistics buildings capacity went through the roof. Elsewhere, consumers unable to socialise, unable to holiday, forced to work from home spent like never before on home improvements. On the other hand, owners of shops, offices and factories cut building expenditure sharply in 2020 partly to preserve cash and partly because of the challenges in organising building work.
In amongst all this turmoil, demand for roofing materials dropped sharply in the early months of 2020 before recovering strongly to end the year, only a little lower than 2019 as measured by demand for polymeric membranes. While roofing membrane demand fell in France, Italy and the UK, this was counterbalanced by growth in Germany.
Read the full press release: Demand for single ply roofing membranes sustained by growth in German construction