Press release
Waterproofing Membrane Market on the Rise with a CAGR of 4.7% Insights and Forecast 2030 | Soprema Group, Sika, Fosroc, GAF
Waterproofing Membrane Market Summary -According to QYResearch New Study Report 'Waterproofing Membrane Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Waterproofing Membrane market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Waterproofing Membrane market.
The global market for Waterproofing Membrane was estimated to be worth US$ 19050 million in 2023 and is forecast to a readjusted size of US$ 26370 million by 2030 with a CAGR of 4.7% during the forecast period 2024-2030
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Waterproofing is the combination of materials used to prevent water intrusion into the structural elements of a building or its finished spaces. Its main purpose is to resist hydrostatic pressure exerted by moisture in the liquid state. Waterproofing membranes are provided in the form of coil. And the most important step in the manufacturing process is impregnating asphalt waterproof materials or polymer water-proof materials onto the carcass. The materials are used in a system to prevent the ingress of water into foundations, roofs, walls, basements, buildings, and structures when properly installed. The term dampproofing is often confused with waterproofing, however, dampproofing is a system designed to resist the flow of moisture in a gaseous state i.e. water vapor.
China is the largest Waterproofing Membrane market with about 36% market share. Europe is follower, accounting for about 23% market share. The key players are Soprema Group, Sika, Fosroc, GAF, Icopal Group, TehnoNICOL, Polyglass, Imperbit Membrane, General Membrane, Carlisle, Modern Waterproofing, ChovA, Bauder, ARDEX Group, Henkel Polybit, Renolit, Tegola Canadese, Index, Hansuk, Schluter-Systems, Protecto Wrap, Grace, Colas, Vetroasfalto, Tamko, Multiplan Yalıtım, Oriental Yuhong, CKS, Hongyuan Waterproof, Tangshan Desheng etc. Top 3 companies occupied about 12% market share.
Who are the World's Largest Manufacturers of Waterproofing Membrane?
Soprema Group, Sika, Fosroc, GAF, Icopal Group, TehnoNICOL, Polyglass, Imperbit Membrane, General Membrane, Carlisle, Modern Waterproofing, ChovA, Bauder, ARDEX Group, Henkel Polybit, Renolit, Tegola Canadese, Index, Hansuk, Schluter-Systems, Protecto Wrap, Grace, Colas, Vetroasfalto, Tamko, Multiplan Yalıtım, Oriental Yuhong, CKS, Hongyuan Waterproof, Tangshan Desheng
Detailed of Waterproofing Membrane Market Segmentation: -
Segmentation By Type :-
Modified Bitumen Membrane
Synthetic Polymer Waterproofing Membrane
Segmentation By Application : -
Roofing
Walls
Building Structures
Landfills & Tunnels
Others
Regional Outlook :-
The Waterproofing Membrane Market provides a diverse geographical landscape, with several areas exhibiting unique market characteristics. While some locations see rapid growth due to factors like economic expansion and technical advancements, other regions may experience slower but more consistent market expansion. Market trends vary greatly throughout regions due to factors including cultural influences, legal frameworks, and population developments. Businesses looking to go global must understand these regional differences and adjust their strategy to take advantage of local opportunities.
The primary research and secondary research of the analysis is the competitive landscape that exists between the top players present in the industry. An inventory of the actions the businesses have done in the previous years is included in the report. Growth statistics for the regional markets have been included in the research, along with a list of the key countries driving regional growth, including North America, Europe, China, Japan, Southeast Asia, and India.
Market The Driving Factors:-
Growing customer demand for the product, effective marketing strategies in new states, and significant investments in product development are some of the major reasons that are driving the Waterproofing Membrane industry. One of the biggest problems the Waterproofing Membrane industry is facing is easy access to rivals. The inexpensive cost of alternatives is another barrier to the Waterproofing Membrane market. Companies believe they can overcome this obstacle, though, by keeping pricing in check and expanding the market for their goods through the introduction of chemicals, specialized chemicals, polymers, metals, ceramics, composites, and new materials. Furthermore, market participants need to overcome significant obstacles in order to reduce risks, adjust their plans, and carry on with business as usual. As a result, businesses will have the ability to deploy their resources efficiently without sacrificing timely market supply or product quality.
Global Waterproofing Membrane Market Trends:-
Waterproofing Membrane The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Waterproofing Membrane products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Waterproofing Membrane chemical and material products and the establishment Waterproofing Membrane of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Methods of Research:-
The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. In addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.
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Table of Contents with Major Points:
1. Executive Summary
1.1. Market Analysis
1.2. Global & Segmental Market Estimates & Forecasts, 2024-2030 (USD Billion)
1.2.1. Waterproofing Membrane Market, by Region, 2024-2030 (USD Billion)
1.2.2. Waterproofing Membrane Market, by Type, 2024-2030 (USD Billion)
1.2.3. Waterproofing Membrane Market, by Application, 2024-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
2. Global Waterproofing Membrane Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
3. Global Market Dynamics
3.1. Waterproofing Membrane Market Impact Analysis (2024-2030)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
4. Global Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2024-2030)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
5. Global Market, by Type
5.1. Market Analysis
5.2. Global Waterproofing Membrane Market by Type, Performance - Potential Analysis
5.3. Global Waterproofing Membrane Market Estimates & Forecasts by Type 2024-2030 (USD Billion)
5.4. Waterproofing Membrane Market, Sub-Segment Analysis
6. Global Market, by Application
6.1. Market Analysis
6.2. Global Waterproofing Membrane Market by Application, Performance - Potential Analysis
6.3. Global Waterproofing Membrane Market Estimates & Forecasts by Application 2024-2030 (USD Billion)
6.4. Waterproofing Membrane Market, Sub-Segment Analysis
6.4.1. Others
7. Regional Analysis
7.1. Waterproofing Membrane Market, Regional Market Analysis
7.2. North America Waterproofing Membrane Market
7.3. Europe Waterproofing Membrane Market Analysis
7.4. Asia-Pacific Waterproofing Membrane Market Analysis
7.5. Latin America Waterproofing Membrane Market Analysis
7.6. Rest of The World Waterproofing Membrane Market
8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Key player 1
8.2.1.1. Key In Durationation
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
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Los Angeles, CA - 91748
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QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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