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Elastomeric Membrane Market Trends

Report ID: GMI8473
Published Date: Mar 2024
Report Format: PDF

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Elastomeric membrane Market Trends

There are several noteworthy trends in the elastomeric membrane industry. One of these is a shift toward environmentally friendly materials in response to growing environmental consciousness. Moreover, customized solutions are becoming more and more necessary to meet the demands of certain projects. Improvements in durability and ease of installation brought about by technological advancement are also impacting the industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of elastomeric membrane was reached USD 42 billion in 2023 and is poised to expand at over 7.2% CAGR between 2024 and 2032 owing to the global upsurge in building projects, particularly in expanding cities.

The ethylene propylene diene monomer segment reached USD 16.5 billion in 2023 and is projected to witness high demand till 2032, due to its flexibility, durability, and exceptional resistance to weathering.

Asia Pacific elastomeric membrane market size accounted for USD 12.4 billion in 2023 and is estimated to record substantial growth through 2032, due to the uptick in construction, urbanization, and infrastructure endeavours.

Some of the top companies engaged in the elastomeric membrane industry are BASF SE, Carlisle Construction Materials, Firestone Building Products, GAF Materials Corporation, Henry Company, Johns Manville, Mapei Corporation, Sika AG, SOPREMA Group, Tremco Incorporated, Triflex GmbH & Co. KG, and W. R. Grace & Co.