Global Waterproofing Membrane Market, By Type (Liquid Applied Membranes, Sheet Based Membranes); By Raw Material type (Modified Bitumen, PVC, EPDM, TPO, HDPE, LDPE, Others), By Application (Roofing & Walls, Building Structures, Waste & Water Management, Tunnel Liners, Mining Application, Bridges And Highways , Others) - Industry Trends and Forecast to 2024
Market Analysis: Global Waterproofing Membrane Market
The Global Waterproofing Membrane Market accounted for USD 22.0 billion in 2016 and is projected to grow at a CAGR of 9.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Waterproofing Membrane Market
Waterproofing membrane is a thin layer of water light material placed over the surface that does not allow the water to pass through it. Mostly they are about 2 to 4mm thick. Majorly waterproofing membrane is of two type’s liquid based and sheet based membrane. Waterproofing are majorly used in roofing & walls, building structures, waste & water management, tunnel liners, mining application, and bridges and highways.
Major Market Drivers:
- Waterproofing membranes are cost-effective and efficient
- Increasing population
- Rising global demand for the waterproofing membranes in mining applications
- Policies related to the infrastructure growth across the globe
- Instable raw material prices
Market Segmentation: Global Waterproofing Membrane Market
The waterproofing membrane market is segmented on the basis of type into liquid applied membranes, and sheet based membranes. The liquid applied membranes are further segmented into cementitious, bituminous, polyurethane, acrylic and others. The sheet membranes are further segmented into bituminous, PVC, EPDM, and others.
On the basis of raw material type, the market is segmented into Modified bitumen, PVC, EPDM, TPO, HDPE, LDPE, Others. Modified bitumen is further segmented into Styrene-Butadiene-Styrene (SBS) and Atactic Polypropylene (APP).
On the basis of application, the market is segmented into roofing & walls, building structures, waste & water management, tunnel liners, mining application, bridges and highways , others. Building structures are further segmented into commercial and residential. Waste and water management is further segmented into waste management and water management.
On the basis of geography, the waterproofing membrane market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
Competitive Landscape: Global Waterproofing Membrane Market
The global waterproofing membrane market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Waterproofing Membrane Market
Some of the major players in the waterproofing membrane market include Carlisle Companies Inc., Firestone Building Products Company LLC., Soprema Group, Sika AG,The DOW Chemical Company,GAF Materials Corporation, Johns Manville, Renolit Se, Fosroc International Limited, Solmax International Inc. Chryso S.A.S, Copernit S.P.A., Derbigum, Flex Roofing Systems, GCP Applied Technologies Inc., GSE Environmental, IKO Industries Ltd, Isomat S.A, Juta A.S, Laticrete International, Inc., Mapei International, Noble Company, Paul Bauder GmbH & Co. Kg, Paul Porcelanosa Group, Schluter System Ltd and many more.
Research Methodology: Global Waterproofing Membrane Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.