Elastomeric Membrane Market would rocket up to USD 2559.64 billion by 2029, At a CAGR of 41.60% ,Industry Trends, size, segments Analysis

Elastomeric membranes are waterproof materials which are very durable and can resist by the high temperature. The lifespan of elastomeric membrane is about 25-30 years. Increase in Infrastructure and the environmental concerns are expected to drive the market growth rate. The countries such as China and Indonesia are progressively investing in the commercial construction sector, which aids in increasing the growth of the elastomeric membrane market. The increasing urbanization, commercialization and investments in the developed infrastructure by the developing countries will create good opportunity for the growth of the elastomeric membrane market.

Data Bridge Market Research analyses that the elastomeric membrane market is expected to undergo a CAGR of 41.60% during the forecast period. This indicates that the market value, which was USD 158.37 billion in 2021, would rocket up to USD 2559.64 billion by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

Elastomeric membrane are waterproofing membrane. This membrane is formed by applying liquid coating on urethane prepolymers which cures the objects by reaction with atmospheric moisture to give a continuous film which is elastic and rubbery. It contains leafing aluminium which offers better U.V. resistance.

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Some of the major players operating in the elastomeric membrane market are:

Carlisle Companies Inc. (U.S.)
DOW (U.S.)
Firestone Building Products Company (U.S.)
SOPREMA Group (France)
BASF SE (Germany)
MBCC Group (Germany)
Sika AG (Switzerland)
EverGuard TPO Walkway Roll (U.S.)
Johns Manville (U.S.)
Minerals Technologies Inc. (U.S)
Fosroc, Inc. (U.K.)
GCP Applied Technologies, Inc., (U.S.)
Mapei S.p.A(Italy)
Renolit SE (Germany)
Saint-Gobain (France)
Global Elastomeric Membrane Market Scope

The elastomeric membrane market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Elastomeric Sheet Membrane
Elastomeric Liquid Applied Membrane

Application

Roofs and Walls
Wet Areas
Underground Construction
Others

End User

Residential Construction
Non-Residential Construction

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About Data Bridge Market Research (DBMR):

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