The Waterproofing Membranes Market Is Expected to Reach Nearly Us$ 55 BN by 2031

Fact.MR's report predicts the sales of waterproofing membranes to exceed US$ 55 Bn by registering a CAGR of 8% in the assessment period 2021-2031. Increasing demand from end users such as construction and emphasis on water conservation by the government is propelling the sales of waterproofing membranes.
Historically, between 2016 to 2020, the sales of waterproofing sales exceeded US$ 25 Bn by the end of the aforementioned period. The novel coronavirus pandemic affected various industries. Thus, the sales of waterproofing membranes dipped too. With the reopening of work stations, the sales of waterproofing membranes are expected to upsurge.

Get Sample Copy With Impact Analysis Of COVID-19 Of Market Report -
https://www.factmr.com/connectus/sample?flag=S&rep_id=4529

Manufacturers of waterproofing membranes are focusing on improving the versatility of membranes. In addition, weather conditions and rapid urbanization is boosting the use of waterproofing membranes. This, in turn, has positively affected the sales of waterproofing membranes.
Key Takeaways from the Market Study
• North America to account for 1/4th of market revenue for waterproofing membranes
• South Asia & Oceania and East Asia offer remunerative opportunities with impressive growth rates of over 9% respectively.
• By application, liquid-applied membranes expected grow more than 2x during the forecast period.
• Sheet membranes likely to exhibit a growth rate of over 8% from 2021-2031
• Waterproofing membranes for roofing to account for more than 30% revenue through 2031
• Building structures to offer remunerative opportunities, exhibiting a 9% CAGR through 2031
•
"The ease of installation and maintenance of waterproofing membranes will act as a driving factor during the forecast period. Owing to the versatility of its applications liquid-applied waterproofing will continue to generate revenue for market players." - says the Fact.MR analyst

For critical insights on this market, request for More Info -
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4529

Key Segments Covered
Application
• Liquid Applied Waterproofing Membranes
• Cementitious
• Bituminous
• Polyurethane
• Acrylic
• Other
• Sheet Waterproofing Membranes
• Bituminous
• Polyvinyl Chloride (PVC)
• Ethylene Propylene Diene Monomer (EPDM)
• Other
End Use
• Waterproofing Membranes for Roofing
• Waterproofing Membranes for Walls
• Waterproofing Membranes for Building Structures
• Waterproofing Membranes for Tunnels & Landfills
• Waterproofing Membranes for Other End Uses

Competitive Landscape
Expansions, acquisition, and new product launches dictate the competitive landscape of waterproofing membranes market. Prominent waterproofing membranes manufacturers include BASF SE, Dow Chemical Company, Pidilite Industries Ltd., Bayer Material Science AG, Saint-Gobain Weber GmbH, Paul Bauder GmbH & Co. KG, Sika AG, GAF Materials Corporation, Fosroc Ltd., CICO Technologies Limited, Alchimica Building Chemicals, Maris Polymers, and Isomat S.A. among others.
• On January 9, 2020, BASF released MasterSeal® 730 UVS waterproofing membrane for essential sealing of below grade structures. The product allows easy and faster installation without special tools and welding needs.
• Likewise, in July 2020, to enhance production capacity, Saint-Gobain Weber GmbH commissioned a new mortar production line at its Weber-Vetonit plant in Yegoryevsk, near Moscow, Russia. The facility will be used to manufacture coatings, renders and waterproofing products for the Russian and Ukrainian markets

Key Competitors:

• BASF SE
• Dow Chemical Company
• Pidilite Industries Ltd.
• Bayer Material Science AG
• Saint-Gobain Weber GmbH
• Paul Bauder GmbH & Co. KG
• Sika AG
• GAF Materials Corporation
• Fosroc Ltd.
• CICO Technologies Limited
• Alchimica Building Chemicals
• Maris Polymers
• Isomat S.A.
For in-depth competitive analysis, Buy Now -
https://www.factmr.com/checkout/4529

Key Points Covered in Waterproofing Membranes Industry Analysis
• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Waterproofing Membranes Market and How to Navigate
• Recommendation on Key Winning Strategies
•
Report Summary
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of waterproofing membranes across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of waterproofing membranes during the forecast period. Price point comparison by region with global average price is also considered in the study.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

This release was published on openPR.