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Europe Waterproofing Membrane Market : Growing with a CAGR of 5.4%, Top Players, Industry Trends, Company Revenue Share, Key Driver, Regional Outlook and Forecast to 2030
Europe Waterproofing Membrane market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2023 to 2030 and is expected to reach USD 36,207.28 million by 2030. The major factor driving the growth of the waterproofing membrane is the increased expenditure on infrastructure development and construction activities and the growing demand for waterproofing membranes from the waste and water management sector.Get PDF Sample Report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=europe-waterproofing-membrane-market
Market Definition
The waterproofing membrane is a layer of water-tight material such as bitumen, polymer, and others applied on a surface to prevent water leaks or damage. Waterproofing membranes provide valuable protection against condensation and climatic conditions. Waterproofing helps secure a building, bridges, and highways from all kinds of water damage and prevents further repair work on the structure. Excessive water exposure can enlarge the foundation cracks and joints, leading to issues with leakage, deterioration, and spalling that would require repairs. Waterproofing can strengthen the structure and create a healthier environment by reducing maintenance costs. It can also increase property value.
Opportunities
The growing interest in eco-friendly and new materials in waterproofing membranes
As new eco-friendly waterproofing materials have no or very less harm to human health and the environment as they are mostly non-toxic and contain no volatile organic compounds. The waterproofing company is investing in producing more eco-friendly, energy-efficient, high-quality, high-standard waterproofing solutions to enhance performance with low environmental impact and cost maintenance. Increasing demand for eco-friendly and the launching of new products of new advanced materials will attract more customers in the market. It will be an opportunity for the players involved in this industry to increase R&D for new products, grow their business, and increase their overall revenue in the coming forecast periods.
Emphasis on water conservation and wastewater treatment from various governments
With the involvement of the government and interest in making and maintaining a sustainable environment and making our earth a greener place, wastewater treatment is one of the focuses to achieve this task. With funding and encouragement from the government and many other agencies in building up water treatment, plants and water management plants demand waterproofing membranes for waterproofing the infrastructure such as tanks and tunnels, and drainage will provide opportunities for the companies involved in the production and supply of this product in the next coming forecast periods.
Recent Development
In May, RENOLIT SE developed the new product RENOLIT ALKORSMART, which is now being marketed with the Smart3 campaign. This new product launch will enhance the company's product portfolio and create momentum and industry recognition for the company.
Europe Waterproofing Membrane Market Scope
Europe waterproofing membrane market is categorized based on raw material, types, usage and end-user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
By Raw Material
Polymers
Bitumen
Polymer Modified Cement
Others
Based on raw material, the Europe waterproofing market is classified into polymers, Bitumen, polymer-modified cement and others.
By Types
Liquid Applied Membrane
Sheet Based Membrane
Based on types, the Europe waterproofing membrane market is classified into Liquid applied membrane and sheet-based membrane.
By Usage
Refurbishment
New Construction
Based on usage, the Europe waterproofing membrane market is classified into refurbishment and new construction
By End-use
Roofing And Wall
Building Structure
Waste And Water Management
Mining Application
Tunnels Liner
Bridges And Highways
Others
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Europe Waterproofing Membrane Market Regional Analysis/Insights
The Europe waterproofing membrane market is segmented based on raw material, types, usage and end-user.
The countries in the Europe waterproofing membrane market are Germany, France, Italy, the U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the Rest of Europe.
Germany is expected to dominate the Europe waterproofing membrane market due to the high number of market players present in Germany and the increased usage of waterproofing membranes in various industrial processes by manufacturers.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point's downstream and upstream value chain analysis, technical test and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of the Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing a forecast analysis of the country's data.
Competitive Landscape and Europe Waterproofing Membrane Market Share Analysis
Europe additive manufacturing competitive market landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies' focus related to the Europe additive manufacturing market.
Some of the prominent participants operating in the Europe waterproofing membrane market are Spectrum Chemical, TCI America, Inc., Nishant Organics Pvt. Ltd., Agro Extracts Limited, and KLJ Group. Niche leaders are Maharashtra Aldehydes & Chemicals Ltd., Maas Pharma Chemicals, Loba Chemie Pvt. Ltd., PCIPL and West India Chemical.
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