The “Waterproofing Membranes Market“ Report provides comprehensive information on the top of market owners, their annual transactions, the stability of their actions and the strategies used to attract the activity. Waterproofing Membranes Market report also highlights some of the rules and regulations that have been established by the governing bodies of some countries that can stimulate and restrict commercial activities in certain parts of the world. The information includes the company profile, annual turnover, the types of products and services they provide, income generation, which provide direction to businesses to take important steps.
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Waterproofing Membranes Market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The global waterproofing membrane market was estimated at USD 19.31 billion in 2017, and it is projected to reach USD 25.13 billion in 2023. These membranes consist of waterproof plastic, rubber, or coated, or smart fabric materials. The materials are used in a system to prevent the ingress of water into foundations, roofs, walls, basements, buildings, and structures, when properly installed. Waterproofing membranes have been extensively employed for waterproofing solutions in various industries, as they are lightweight, cost-efficient, durable, and environmentally sustainable.
In the report, the following major applications have been taken into consideration: roofing and walls, water and waste management, building structures, tunnel liners, and bridges and highways. Among these, roofing and walls is the largest application, and it is also expected to witness the highest growth over the forecast period.
Based on type, waterproofing membranes are commercially available in the form of cold-liquid applied membranes, hot liquid applied membranes, fully adhered sheets, and loose laid sheets. Waterproofing membranes can be broadly segmented, based on the raw material used, into modified bitumen, PVC, TPO, EPDM, HDPE, and LDPE, amongst others.
Increase in Residential Construction
According to data from the US Census Bureau, total construction spending increased 6.5% from the previous year in 2017. Construction spending totaled a value worth USD 917.0 billion through the first nine months of 2017, a 4.3% increase over the same period in 2016. Construction activities are expected to remain strong throughout 2018. With the increase in construction activities, the implementation of water proofing membranes is expected to increase, and hence, drive the market. Increasing demand from developing nations further pushes the market for waterproofing membranes in different potential applications, including roofing and water management applications.
Growing Demand for Bituminous Waterproofing Membranes in India
Population growth, rapid urbanization, and government incentives have compelled a large number of infrastructure companies and builders to invest in this sector. This has led to a construction boom in India. With increased end-user awareness of preventive waterproofing and stringent quality mandates from the government, waterproofing solutions in India are likely to witness a period of aggressive growth over the next few years. Increased consumer awareness, R&D initiatives, and strong channel relations are expected to ensure growth in the country.
Asia-Pacific to Dominate Market Growth
Asia-Pacific is anticipated to be the fastest-growing market for waterproofing membranes, in terms of both value and volume, during the forecast period. China and India are the two main markets for waterproofing membranes in Asia-Pacific. The Chinese building & construction industry has the largest share in Asia-Pacific, which resulted in an increased growth of the waterproofing membranes market. In addition, under building & construction industry, relatively high growth was observed in 2017, in the commercial building & construction segment as well as high-end real estate. In addition, introduction of energy saving policies is also expected to drive the demand for waterproofing membranes in both China and India.
Key Developments in the Market
â¢ January 2018: Dexshell filed a new waterproofing patent for a technique of lamination process that features in the firmâs MY18 sock and headgear portfolio. This has enabled their business to create greater level of flexibility in garments.
â¢ January 2018: Sika acquired a majority stake in Index Construction Systems and Products, a leading manufacturer of roofing and waterproofing systems, headquartered close to Verona, Italy. The company generates annual sales of CHF 115 million.
â¢ December 2017: Sika added expansion joint and pre-compressed sealant manufacturer, EMSEAL Joint Systems Ltd, to its capacity to provide comprehensive foundation-to-roof building waterproofing solutions.
Major Players: DOW DUPONT, FIRESTONE BUILDING PRODUCTS, SIKA AG, BASF SE,amongst others
Reasons to Purchase this Report
â¢ Current and future global waterproofing membrane market outlook in the developed and emerging markets
â¢ Analyzing various perspectives of the market with the help of Porterâs five forces analysis
â¢ The segment that is expected to dominate the market
â¢ Regions that are expected to witness fastest growth during the forecast period
â¢ Identify the latest developments, market shares, and strategies employed by the major market players
â¢ 3 months analyst support, along with the Market Estimate sheet (in excel).
Customization of the Report
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Waterproofing Membranes Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Waterproofing Membranes Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.
The Objectives of this report are:
- To define, describe, and analyze the Waterproofing Membranes market on the basis of product type, application, and region
- To forecast and analyze the size of the Waterproofing Membranes market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the Waterproofing Membranes market at country-level in each region
- To strategically analyze each submarket with respect to individual growth trends and its contribution to the Waterproofing Membranes market
- To analyze opportunities in the Waterproofing Membranes market for stakeholders by identifying high-growth segments of the market
Key Questions Answered in Waterproofing Membranes market report:
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Waterproofing Membranes Market Report Provides Comprehensive Analysis as Following:
Market segments and sub-segments
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Market Analysis and Segmentation
Supply and demand
Technological inventions in Waterproofing Membranes trade
Marketing Channel Development Trend
Waterproofing Membranes Market Positioning
Distributors/Traders List enclosed in Positioning Waterproofing Membranes Market
Waterproofing Membranes Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leaders revenue forecasts till 2024. In conclusion, Waterproofing Membranes Market 2019 report presents the descriptive analysis of the Waterproofing Membranes Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Waterproofing Membranes Market competitors.
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