Waterproofing Membranes Market 2018 Scope | Growth USD 35.08 Billion By 2023 | Pidilite Industries Limited, DuPont, BASF, Paul Bauder GmbH & Co. KG, Kemper System America Inc, Dow Chemical Company
The Waterproofing Membranes Market was worth USD 15.56 billion in the year of 2014 and is expected to reach approximately USD 35.08 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.45% during the forecast period.
Waterproofing Membranes Market - Competitive Insights:
The leading players in the market are Pidilite Industries Limited, DuPont, BASF, Paul Bauder GmbH & Co. KG, Kemper System America Inc, Dow Chemical Company, Sika AG, CICO Technologies Limited and GAF Materials Corporation. The business is divided in nature because of the existence of various organizations. There are small-scale, regional manufacturers with a solid hold in their household or local market; a considerable lot of which are available in India and China. Extension and merger and acquisition are the key procedures selected by the organizations.
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Waterproofing Membranes Market - Industry Outlook and Trend Analysis:
Developing industry of infrastructure, increasing requirement for management of water and wastewater, and advancements in the field of liquid membranes are foreseen to emphatically affect the market development. Waterproofing membranes are usedas a part of a large group of uses including balconies, walls, basements, roofing, bridge decks, tunnels,parking areas, foundation and water tank linings. Expanding customer awareness in regards to the advantages of waterproofing and new materials, for example, geomembranes is foreseen to increase the requirement throughout the following years. The item is accessible in two structures including sheet and liquid. In 2016 the market was dominated by Liquid applied membranes by virtue of their ease and high effectiveness when compared with the sheet membranes. While EPDM, TPO, PVC, and bitumen are the significant materials used for assembling sheet products, liquid coatings are made by making the use of acrylic, polyurethane, cementitious materials, and bitumen. Rising mining exercises in different areas combined with low manufacturing cost and cost-effectiveness are probably going to increase the usage of the product in the coming years. Technological advancements focused at the improvement of new materials for waterproofing by organizations, for example, Sika AG, Eastman Chemical Company, and Pidilite Industries are foreseen to remain imperative achievement factors for market development over the gauge time frame. Inconstancy of costs and supply of raw materials used for in the manufacturing is foreseen to hamper the development. Furthermore, unstable costs of crude materials are anticipated to expand the general manufacturing cost, hence contrarily influencing the demand.
Waterproofing Membranes Market - Application Outlook and Trend Analysis:
Liquid applied membranes commanded the worldwide market with an income share of 62 percent in the worldwide market. Expanding interest in foundation, developing consciousness regarding the product, and cost-viability are foreseen to be the key variables driving development. Ceaseless R&D combined with related technological breakthrough in the zone of processing and production that is cost-effective is probably going to boost the usage of the product over the coming years. Steady government activities are additionally anticipated that would provide opportunities for the market. Acrylic membranes are foreseen to encounter noteworthy development over the conjecture time frame. Expanding usage of acrylic covering to shield rooftops from brutal climate and absorption of sunlight is foreseen to give positive extension to the development of the market over the estimate time frame. Also, the capacity of the product to give protection against heat, hail storms, and snow build up is probably going to drive the development of the market. Sheet membranes are foreseen to encounter significant development of in the upcoming years. Bitumen or asphalt is one of the significantly used materials for its production. These products have high-temperature protection and unrivaled extension properties, which increases its productivity in applications. Bituminous sheet membranes section is anticipated to encounter a substantial development on the basis of volume in the following years. Its properties, including high durability and tensile strength, are foreseen to increase its demand throughout the following years. EPDM portion is anticipated to encounter impressive development over the coming years. Upgraded features, for example, resistance against frigid temperatures and accommodating structural movement without membrane stress are expected to boost the demand of the product in the following years.
The global waterproofing membranes market is segmented as follows-
Waterproofing Membranes Market - By Application:
Liquid applied membranes
Waterproofing Membranes Market - By End user:
Landfills & tunnels
Waterproofing Membranes Market - End User Outlook and Trend Analysis:
In 2016 roofing commanded the worldwide market with on the basis of revenue with a share of 31.1 percent. Rooftops are profoundly inclined to leakages and changing climatic conditions. Expanding intricacy in designs of building combined with expanding focus on protection from leakage has prompted an appeal for the item in this application. The increasing construction of non-residential buildings including recreational centers, offices, educational institutes, and hospitals is foreseen to boost the demand over the gauge time frame. Roofing systems are produced to give an adaptable watertight covering bonded precisely to the substrate. Additionally, roofing membranes give slip protection, durability, texture, and UV protection. Building structures is anticipated to encounter significant development over the following years. Liquid coatings are exceedingly favored for building structures when compared with sheet membranes as they give excellent protection over the underlying paint coat. These are progressively utilized in wet areas, balconies, decks, and bathrooms. The polyurea-based coatings are favored for use in subterranean waterproofing, hence prompting huge demand over the gauge time frame.
Waterproofing Membranes Market - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Waterproofing Membranes Market - Regional outlook and Trend Analysis:
In 2016 Europe was the biggest market with a share of 36.5 percent. Expanding focus on management of water and waste is anticipated to influence the market in a positive manner. Moreover, developing interest in construction in Eastern European nations including Turkey, Russia, and Poland is additionally expected to fuel the market. Asia Pacific is foreseen to encounter the quickest development over the gauge time frame by virtue of fast industrialization combined with developing foundation improvement in China and India. Expanding populace and urbanization is anticipated to build the residential construction, in this manner increasing business sector development. Central & South America is probably going to encounter substantial growth in the upcoming years. Expanding government expenditure on framework and rising discretionary income of the middle-class populace in key economies including Argentina, Brazil, Venezuela, and Colombia are anticipated to emphatically influence the demand. MEA is foreseen to observe slow development when compared with different economies. Nonetheless, enhancing infrastructure and reconstruction exercises in Libya and Egypt are probably going to go about as a boost for the area. Likewise, government interest out in the open private association (PPP) extends in Africa is additionally anticipated that would fuel the growth of the market.
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Waterproofing Membranes Market - Table of Contents:
7.1.4.Waterproofing Membranes Sales, Revenue and Market Share
7.2.Pidilite Industries Ltd.
7.2.4.Waterproofing Membranes Sales, Revenue and Market Share
7.3.4.Waterproofing Membranes Sales, Revenue and Market Share
7.4.Paul Bauder GmbH & Co. KG
7.4.4.Waterproofing Membranes Sales, Revenue and Market Share
7.5.Kemper System America, Inc.
7.5.4.Waterproofing Membranes Sales, Revenue and Market Share
7.6.Dow Chemical Company
7.6.4.Waterproofing Membranes Sales, Revenue and Market Share
7.7.4.Waterproofing Membranes Sales, Revenue and Market Share
7.8.GAF Materials Corporation
7.8.4.Waterproofing Membranes Sales, Revenue and Market Share
7.9.4.Waterproofing Membranes Sales, Revenue and Market Share
7.10.CICO Technologies Limited
7.10.4.Waterproofing Membranes Sales, Revenue and Market Share
7.11.Alchimica Building Chemicals
7.11.4.Waterproofing Membranes Sales, Revenue and Market Share
8.Global Waterproofing Membranes Market Competition, by Manufacturer
8.1.Global Waterproofing Membranes Sales and Market Share by Manufacturer (2016-2017)
8.2.Global Waterproofing Membranes Revenue and Market Share by Manufacturer (2016-2017)
8.3.Top 5 Waterproofing Membranes Manufacturer Market Share
8.4.Market Competition Trend
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Waterproofing Membranes market based on product and application. It also provides market size and forecast till 2023 for overall Waterproofing Membranes market with respect to five major regions, namely; North America, Europe, Asia-Pacific, Rest of the World, which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
Reason to Buy -
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Waterproofing Membranes market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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