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Waterproofing Membrane Market Trend, Revenue & Regional Analysis 2018-2024 By Top Players - Fosroc, The Dow Chemical Company, Johns Manville, Kemper System America, Inc., DuPont, GAF, Saint-Gobain Weber, Sika, Pidilite Industries, BASF, Covestro
Waterproofing Membranes Market
Increasing government initiatives for infrastructural spending in Japan, China, India, Thailand, Malaysia, and Indonesia should drive product demand. Manufacturing companies are initiating technology innovation for new product development to provide better planning, overall concrete protection, and cost reduction, which further stimulate industry growth.
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Polymer waterproofing membrane market size should generate over USD 5 billion in business by 2024. These are applied to prevent water migration and treat porous surface through seams or substrates. EPDM, TPO, PVC, and polyurethane are widely used in building structures and walls & roofing process.
Rising TPO application scope in commercial roofing systems owing to low cost, ease of installation, flexibility, recyclability should drive polymer based product demand
- Waterproofing Membrane Market By Application
o Light applied membranes
o Sheet membranes
- Waterproofing Membrane Market By End-Use
o Roofing
o Walls
o Building structures
o Landfill & tunnels
o Others
- Waterproofing Membrane Market By Product
o Polymers
o PVC
o TPO
o EPDM
o Polyurethane
o Others
o Bitumen
o SBS Bitumen
o APP Bitumen
o Polymer modified cement
o Others
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China bitumen membrane market size from roofing applications is set to exceed USD 250 million at the end of forecast period. Atactic polypropylene (APP) butadiene and SBS bitumen are used for sealing purposes in construction buildings.
U.S. waterproofing membrane market should witness significant gains over the foreseeable future. Increasing concern towards water and waste management should drive regional industry growth.
Increasing applications scope for PU based liquid waterproofing membrane for end-use applications such as roofs, wet area, decorative waterproofing and parking decks should favor product demand. Polyurethanes are widely used in industry on due to ease of application and uniformity should favor polymer market growth demand.
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Sheet waterproofing membrane market size should witness steady gains and surpass USD 3 billion by 2024. They are applied to roofs, kitchen floors, walls, balconies, bathrooms and wet rooms due to its low cost, safety and low maintenance properties.
UK waterproofing membrane market size should witness significant gains. Favorable government regulations on account of increasing infrastructure development should stimulate regional growth.
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