Press release
Waterproofing Membrane Market 2018-2024 | The Dow Chemical Company, BASF, DuPont, Covestro, Fosroc, CICO Technologies Ltd, W. R. Meadows, Inc., Soprema Group and Johns Manville
Waterproofing Membranes Market
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Waterproofing Membrane Market should surpass USD 10 billion by 2024, according to this new research report. Waterproofing membranes are used to protect construction surface from severe climatic conditions and prevent water penetration. It is produced in two forms, sheet and liquid coating. Sheets are preferred for flat surface application and liquid coating is used in case of vertical or sloping surfaces.
Global waterproofing membrane Market is growing at a rapid pace. This growth is attributed to soaring construction & building industry in regions like Asia-Pacific, South America, Middle-East and Africa due to increasing governmental investments in infrastructure development. Increasing use of durable construction material and emphasis on waterproofing will have a positive outlook on waterproofing membrane market. China and India collectively spent over USD 5 trillion on construction and infrastructure development in 2015 and may pivot waterproofing membrane industry growth.
EPA forced manufacturers to exclude using fluorocarbons such as PFOS and PFOA in manufacturing of waterproofing membranes being hazardous material, hence may hinder industry growth. Manufacturers initiated new strategies to increase production of biopolymer products to be used in waterproofing membrane. Polymer based waterproofing membrane market was worth over USD 2 billion in 2015 and may grow substantially with a highest growth rate during the forecast timeframe. These membranes provide monolithic application with no layers and reducing chances of crack formation.
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Polyurethane polymer waterproofing membrane is expected to show greatest CAGR of over 9% owing to its increased application attributed to properties it possesses such as reflectivity, thermal insulation, full surface adhesion and economic advantages. Cement membranes modified by polymer provide excellent resistance against sunlight penetration and lowers cooling cost of buildings.
Feedstock required for manufacturing these membranes include bitumen and polypropylene which are petroleum based, fluctuations of crude oil index hampers production costs and impacts waterproofing membrane market price trend.
Global waterproofing membrane market is moderately consolidated with presence of both small and big players competing for market dominance. Some key participants include Covestro, DuPont, W.R. Meadows, CICO Technologies and Fairmate Chemicals.
Strategies adopted by these players include mergers & acquisitions coupled with technology & product innovation.
Partial Chapter of the Table of Content
Chapter 2 Executive Summary
2.1. Waterproofing membranes industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3 Product trends
2.1.4 Application trends
2.1.5 End-use trends
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Chapter 3 Waterproofing Membranes Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2013-2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Raw material insights
3.4.1 Bitumen
3.4.2 Propylene
3.5 Technology landscape
3.5.1 Waterproofing membranes manufacturing process
3.5.2 PVC type waterproofing membranes manufacturing
3.5.2.1 Co Extrusion
3.5.2.2 Caste Spreading
3.6 Polyurethane liquid membranes technology landscape
3.6.1 The α Technology
3.6.2 Rapid-curing resin technology
3.6.3 Liquid applied membranes with moisture triggered polyurethane technology
3.6.4 Liquid cold applied membranes
3.6.5 Solvent-free and “Odour-free” technology for concrete surfaces
3.7 Regulatory landscape
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Strong infrastructure and construction industry outlook
3.8.1.2 Increasing waste and water management industry
3.8.2 PU liquid membranes
3.8.2.1 Polyurethane membranes performance
3.8.3 Industry pitfalls & challenges
3.8.3.1 Raw material price volatility
3.8.3.2 Negligence regarding construction chemicals
3.8.4 Polyurethane liquid membranes industry pitfalls & challenges
3.8.4.1 High cost
3.9 Growth potential analysis
3.8.1 Growth potential analysis
3.10 Porter’s analysis
3.11 Competitive landscape, 2015
3.12 PESTEL analysis
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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