Press release
Waterproofing Membrane Market 2020 Is Booming Worldwide | Key Players : BASF SE, Carlisle Companies Inc., Chryso SAS
Global Waterproofing Membrane Market - Growth, Trends, And Forecast (2020 - 2025)The report presents an in-depth assessment of the Global Waterproofing Membrane including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Waterproofing Membrane investments from 2020 till 2025.
The market for waterproofing membrane is expected to register a CAGR of over 8%, during the forecast period.
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The Global Waterproofing Membrane market is highly competitive and consists of a number of major players. Companies, like BASF SE, Carlisle Companies Inc., Chryso SAS, Derbigum Manufacturing (Pty) Ltd, Dow, Firestone Building Products, Fosroc International Limited, GAF Materials Corporation, GSE Environmental, IKO Industries Ltd, Johns Manville, Juta AS, Pidilite Industries Limited, Renolit SE, Schluter-Systems Ltd, Sika AG, Solmax International Inc., Soprema Group among others.
Market Overview
One of the major factors driving the market studied is the increasing usage in the mining sector. However, competition from eco-friendly alternatives is likely to restrain the market.
- The rapid growth of the construction sector in Asia-Pacific is also likely to boost the demand for waterproofing membranes, during the forecast period.
- New emerging markets and applications regarding waterproofing membranes are likely to act as an opportunity for market growth in the future.
- Europe dominated the market and accounted for the major market share.
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Key Market Trends:
Roofing and Walls Application to Dominate the Market
- Waterproofing membranes have applications in roofing and walls of structures, as they provide superior tensile strength and are climate adaptable. Also, they offer fire resistance properties and help in improving flow resistance at high temperatures.
- The demand for waterproofing membranes from roofing and wall applications has witnessed a rise in Asia-Pacific and the Middle East. This is mainly due to the increase in commercial infrastructure projects in these regions.
- Leakage in building, especially roofs and walls, has been a cause of concern, due to water leakage from different parts of the building. Drainage slope of roofs is one of the most important factors. Each building plan must incorporate a roof plan, indicating the position of drainage pipes and direction, and extent of slope on the roof.
- PVC roofing systems have witnessed tremendous growth in the recent years, due to a variety of standout characteristics, notably, the longevity, durability in harsh weather and temperature extremes, low lifecycle costs, energy efficiency, heat and solar reflectance, flame resistance, chemical and grease resistance, ease of maintenance, ease and flexibility of installation, and inherent recyclability/re-use, among many other benefits.
- TPO roofing membranes are also used due to their high resistance to tears, impacts, and punctures, with good flexibility that allows for building movement. TPO membranes contain no toxic or hazardous ingredients and are fully recyclable.
- Modified bitumen is also used in roofing, as it provides superior waterproofing characteristics. These are usually installed as two-ply systems and are always fully adhered.
- Modified bitumen is asphalt with modifiers added, to offer plastic or rubber-like properties, making it much more durable. The modifiers provide increased resistance to brittleness, cold temperatures, and increased elasticity and strength. It is made of six basic layers that can be assembled in various other combinations.
- Therefore, such factors are likely to boost the demand for waterproofing membranes in roofing applications.
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The key insights of the Waterproofing Membrane Market report:
The report provides key statistics on the market status of the Waterproofing Membrane market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Waterproofing Membrane market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2025 market development trends of Waterproofing Membrane Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Waterproofing Membrane Industry before evaluating its feasibility.
Finally, Waterproofing Membrane Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Waterproofing Membrane industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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