Waterproofing Membranes Market Industry Brief Analysis, Recent Trends, Size, Demand, Overview And Forecast by 2030 | Carlisle Companies Inc., Chryso S.A.S.

The Waterproofing Membranes Market is estimated for 2023 for the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Waterproofing membranes are thin sheet materials used to prevent water from penetrating into or accumulating within building structures. They are widely used in applications such as roofing & walls, underground constructions, wet areas & green roofs, and others.

Market Dynamics:

The waterproofing membranes market is driven by rapid urbanization and infrastructure development activities across the globe. According to data by the United Nations, approximately 68% of the world population is expected to live in urban areas by 2050. This rapid urbanization has significantly increased construction activities for buildings, roads, bridges, and other infrastructure. Moreover, there is growing focus on developing advanced infrastructure in developing countries. For instance, the Government of India launched the 'Smart Cities Mission' to drive economic growth and improve the quality of life of people by enabling local development and harnessing technology. Such initiatives are expected to boost the demand for waterproofing membranes in construction applications over the forecast period. Furthermore, rising commercial construction activities are also projected to support the market growth.

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Top Companies Covered In This Report:

★ Carlisle Companies Inc.
★ Chryso S.A.S.
★ Copernit S.P.A.
★ Derbigum
★ DuPont de Nemours Inc.
★ Firestone Building Products Company LLC.
★ Flex Roofing Systems
★ Fosroc Inc.
★ GAF Materials Corporation
★ GCP Applied Technologies
★ IKO Industries Ltd.
★ ISOMAT S.A.
★ Johns Manville Corporation
★ Juta A.S.
★ RENOLIT SE
★ Sika Group
★ Solmax International Inc.
★ Soprema Group

Detailed Segmentation:

By Product Type:

★ SBS Bitumen
★ APP Bitumen
★ Polyvinyl Chloride (PVC)
★ Ethylene Propylene Diene Monomer (EPDM)
★ Thermoplastic Olefin (TPO)
★ High-density Polyethylene (HDPE)
★ Low-density Polyethylene (LDPE)
★ Others

By Category:

★ Liquid Applied Membranes
★ Sheet-based Membranes

By Applications:

★ Roofing & Walls
★ Building Structures
★ Waste & Water Management
★ Mining Application
★ Landfill & Tunnel Liners
★ Bridges & Highways
★ Others

Key Region/Countries are Classified as Follows:

◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ South America (Brazil, Argentina, Colombia, etc.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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● Waterproofing Membranes Market Drivers and Growth Factors:

1. Increasing Construction Activities and Infrastructure Development

The growing construction industry globally is one of the major drivers contributing to the rising demand for waterproofing membranes across various end use industries like residential, commercial and industrial construction. Rapid urbanization and population growth has fueled infrastructure development activities which require effective waterproofing solutions to protect buildings from water damage. Many governments across nations are investing heavily in public infrastructure projects like roads, bridges, tunnels, railways etc. which will positively impact the sales of waterproof membranes.

2. Superior Performance and Durability of Modern Membranes

Advancement in membrane technology has led to development of modern waterproofing membranes that deliver high level of protection from water ingress as well as other external hazards. Modern membranes have excellent mechanical strength, flexibility, bridging ability and chemical resistance. They can withstand extreme weather conditions and have longer service life compared to conventional membranes. The superior performance characteristics of innovative membrane systems is compelling building owners and constructors to opt for high quality membranes for achieving maximum watertightness in structures.

● Restraints to Growth of Waterproofing Membranes Market:

Volatility in Raw Material Prices

Fluctuating prices of key raw materials required for the production of waterproofing membranes can hamper the growth and profitability of membrane manufacturers. The costs of petroleum based resins, plastics and reinforcing materials are subject to supply-demand forces and geopolitical uncertainties. Frequent price fluctuations in crude oil further impacts the raw material procurement for membrane industry. High raw material prices will increase the production costs which can limit the widespread adoption of membranes in construction sector.

● Opportunities for Expansion in Waterproofing Membranes Market:

Infrastructure Revamp in Developed Nations

Many developed nations are focusing infrastructure revamp and renovation activities to upgrade the existing facilities and structures. Ageing infrastructure in regions like Europe and North America requires efficient waterproofing and protection solutions. This presents significant business opportunities for membrane suppliers to tap into redevelopment programs and provide waterproofing systems for repair and restoration of bridges, tunnels, basements, rooftops, retaining walls etc. Advanced membranes with self-healing properties and longer lifespan can meet the demands of infrastructure redevelopment projects.

● Trends Influencing Waterproofing Membranes Market:

Rise of Green Building Construction

Sustainability and energy efficiency have become major considerations in construction industry today. Green building involves utilization of environment friendly materials and waterproofing systems play a critical role. Membrane manufacturers are developing bio-based membranes made from renewable resources that have lower carbon footprint. Self-adhesive and self-sealing membranes requiring no additional equipment or adhesives are gaining popularity. Proactive government policies and incentives for green construction will accelerate the shift towards eco-friendly membranes and drive future market trends.

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Key Questions Answered in This Report on Waterproofing Membranes Market

• How much revenue will the global Waterproofing Membranes Market generate by the end of the forecast period?

• What regions currently contribute the maximum share to the overall global market?

• What are the indicators expected to drive the global Waterproofing Membranes Market?

• Which region is likely to be a lucrative market during the forecast period?

• What are the essential strategies incorporated by key stakeholders in the global Market to expand their geographical presence?

• What are the major advancements witnessed in the global Waterproofing Membranes Market?

• This report answers these questions and more about the global Market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Table Of Content

Chapter No. 1 Introduction

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. USP & Key Offerings

1.2. Key Benefits for Stakeholders

1.3. Target Audience

1.4. Report Scope

Chapter No. 2 Executive Summary

2.1. Key Findings

2.1.1. Top Investment Pockets

2.1.1.1. Market Attractiveness Analysis, By Type

2.1.1.2. Market Attractiveness Analysis, By End Use

2.1.1.3. Market Attractiveness Analysis, By Region

2.2. Market Snapshot

2.3. Global Waterproofing Membranes Market, 2018 - 2022 (US$ Million)

2.4. Insights from Primary Respondents

Chapter No. 3 COVID-19 Impact Analysis

3.1. Impact Assessment of COVID-19 Pandemic, By Region

3.1.1. North America

3.1.2. Europe

3.1.3. Asia Pacific

3.1.4. Latin America

3.1.5. The Middle-East and Africa

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.