Waterproofing Membrane Market size worth over $12 bn by 2024

Waterproofing Membranes Market size is set to surpass USD 12 billion by 2024; according to a new research report by Global Market Insights, Inc.
 

Increasing household establishment owing to migration of rural population in urban areas with increasing infrastructure activities may drive waterproofing membrane market demand. Growing infrastructure spending along with growth in per-capita disposable income should drive product market in liquid applied membrane applications. Public infrastructure may grow significantly in these applications due to increasing usage of liquid applied membranes in tanks, bridges, tunnels, building and other underground constructions. An increase in R&D expenditure along with technical advancements may boost the product portfolio and cost-effective production. Heat resistance, durability, and energy efficiency are the features that stimulate industry growth.

 

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Membranes and coatings are applied to stop corrosive agents and water from entering the concrete; however, these are time-consuming and expensive to install. The product is used to prevent leaks in dams, reservoirs, and tanks. Strict government guidelines pertaining to MSW management and efficient implementation characterize the solid waste management industry and are likely to drive waterproofing membrane market growth.
 

U.S. Waterproofing Membranes Market Share, By End-Use, 2017 & 2024, (Million Square Meters)
Waterproofing Membranes Market

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PVC should generate USD 865 million market demand by 2024. These products find extensive use in roofing, flooring, waterproofing sheets, protective layering and siding applications. PVC membranes offer various benefits such as great tensile strength, less stiffness, water resistance and high elongation.
 

EPDM market size may exceed gains up to 6.5% by 2024. This product exhibits various beneficial features such as hail, fatigue, heat & ozone resistance, low-temperature flexibility and shock durability. This product conforms well to earth & soil substrates and is resistant to microbial attack which is likely to further boost market growth.
 

Walls application was estimated at over USD 415 million in 2017. Primarily liquid applied membrane is used in wall waterproofing systems owing to ease of application and uniform coat. Rise in need of infrastructural establishments owing to rapid urbanization may favor product market size.
 

Browse key industry insights spread across 440 pages with 480 market data tables and 52 figures & charts from the report, “Waterproofing Membranes Market Size By Application (Sheet Membranes, Liquid Applied Membranes), By End-Use (Building Structures, Roofing, Walls, Landfills & Tunnels), By Product (Polymers {PVC, TPO, EPDM, Polyurethane}, Bitumen {SBS, APP}, Polymer Modified Cement), Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, Spain, Austria, Luxembourg, Belgium, Netherlands, Czech Republic, Poland, China, India, Japan, Taiwan, Indonesia, Malaysia, Thailand, Australia, South Korea, Singapore, Philippines, Vietnam, Brazil, Saudi Arabia, South Africa), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/waterproofing-membrane-market
 

The U.S. waterproofing membrane market share from landfills and tunnels was estimated at over USD 70 million in 2017. Rise in government investments in public works such as bridges, tunnels, manufacturing plants and institutes may act as a driving factor for market size. Rapid growth in population and economic conditions along with industrial growth and stringent government regulations have led to rise in wastewater treatment industry in this country, thereby increasing product demand.
 

Germany waterproofing membrane market share from polymers accounted for over 35% in 2018. Increasing construction spending owing to rising population may boost country demand. Furthermore, rising population is offering a substantial push to construction and wastewater management activities should favor product demand.
 

China market demand from building infrastructure was accounted at over USD 160 million in 2017. An increase in government spending for residential and non-residential projects along with a rise in competition may boost regional growth.
 

Paul Bauder, Dow Chemical, GAF Material, CICO Technologies and Isomat S.A. are the key industrial players operating in the market. New product launch and R&D spending may boost the product portfolio, thereby driving the industry growth.
 

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Waterproofing membrane market share research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Square Meters and revenue in USD from 2013 to 2024, for the following segments:

Waterproofing Membranes Market, By Product

  • Polymers
    • PVC
    • TPO
    • EPDM
    • Polyurethane
    • Others
  • Bitumen
    • SBS
    • APP
  • Polymer Modified Cement
  • Others

Waterproofing Membrane Market, By Application

  • Sheet Membranes
  • Liquid Applied Membranes

Analysis By End-Use

  • Building Structures
  • Roofing
  • Walls
  • Landfills & Tunnels

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Spain
    • Austria
    • Luxembourg
    • Belgium
    • Netherlands
    • Czech Republic
    • Poland
  • Asia Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Thailand
    • Malaysia
    • Singapore
    • Philippines
    • Vietnam
    • Indonesia
    • Australia
  • LATAM
    • Brazil
  • MEA
    • Saudi Arabia
    • South Africa

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