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Primary Catalyst Driving Liquid Applied Membranes Market Evolution in 2025: Robust Growth In Residential And Commercial Construction Fuels Surge In Liquid-Applied Membrane Market Driver
Liquid Applied Membranes Market Size
The surge in residential and commercial construction activities is propelling the liquid-applied membrane market. Residential construction entails creating homes or other habitats, while commercial construction involves the creation of structures intended for commerce. Liquid-applied membranes, which provide waterproofing and bolster and reinforce systems, are an integral part of the construction process. For instance, in November 2023, the UK's Office for National Statistics reported a $19781.69 million increase in total new work undertaken by the construction industry in 2022. Both public and private new work witnessed growth, registering 13.1% and 16.8%, respectively, increased growth compared to 2021. Likewise, in March 2023, the U.S. Census Bureau reported that the number of privately-owned housing units granted building permits in February reached 1,524,000 on a seasonally adjusted yearly basis. This represented a 13.8% increase over the revised January figure of 1,339,000. As a result, the ongoing spike in both residential and commercial construction activities is fueling the upward swing in the liquid-applied membrane market.
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How will the growth rate of the liquid applied membranes market shape industry trends by 2034?
The market size for liquid applied membranes has seen significant growth in the past few years. Rising from $19.4 billion in 2024, it is projected to reach $20.68 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. This growth in the previous period is largely a by-product of infrastructure development, the need for waterproofing, increased construction activities, heightened awareness of building envelope integrity, as well as the expansion of commercial and industrial sectors.
The market size for liquid applied membranes is predicted to exhibit robust growth in the ensuing years, with a projected valuation of $28.03 billion in 2029 and a compound annual growth rate (CAGR) of 7.9%. This prospective expansion during the forecast period is linked to urbanization and population increase, emphasis on eco-friendly construction, advancements in material-science, upgrades of old structures, developing markets and investments in infrastructure. The key trends anticipated in the forecast period encompass sustainable and environmentally friendly solutions, polyurethane technology, advancements in application methods, incorporation with green roofs and living walls, and the revolution of digitalisation in membrane solutions.
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What trends are poised to drive the future success of the liquid applied membranes market?
Leading businesses in the liquid applied membranes market are concentrating their efforts on creating state-of-the-art waterproofing solutions to improve the resilience and energy efficiency of buildings. These cutting-edge waterproofing solutions constitute inventive methods and materials designed to form dependable shields against water seepage, guaranteeing enduring protection for constructions in a variety of conditions. To illustrate, Mapei, a firm located in Italy specializing in adhesives, sealants, and building chemical products, in July 2023, launched polylastic water-based bitumen. This liquid-applied membrane product, which combines the benefits of bitumen along with novel polymer technology, serves as a resilient and adaptable waterproofing solution. It is engineered for effortless application on diverse surfaces, providing remarkable adhesion capacity and resisting water infiltration, while being eco-friendly due to its water-based recipe. This groundbreaking product is particularly efficient in securing roofs, foundations, and other structures from dampness-related damages, thereby certifying long-term performance and dependability.
Which primary segments of the liquid applied membranes market are driving growth and industry transformations?
The liquid applied membranes market covered in this report is segmented -
1) By Type: Polyurethane, Cementitious, Bituminous, Other Types
2) By Application: Roofing, Walls, Underground And Tunnels, Other Applications
3) By End-Use: Residential Construction, Commercial Construction, Public Infrastructure
Subsegments:
1) By Polyurethane: Aromatic Polyurethane, Aliphatic Polyurethane
2) By Cementitious: Polymer-Modified Cementitious, Non-Polymer-Modified Cementitious
3) By Bituminous: Hot Applied Bituminous, Cold Applied Bituminous
4) By Other Types: EPDM (Ethylene Propylene Diene Monomer), TPO (Thermoplastic Olefin)
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Which geographical regions are pioneering growth in the liquid applied membranes market?
Asia-Pacific was the largest region in the liquid applied membrane market in 2024. North America is expected to be the fastest-growing region in the global liquid applied membranes market during the forecast period. The regions covered in the liquid applied membranes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the liquid applied membranes market landscape?
Major companies operating in the liquid applied membranes market include Dow Inc., Fosroc International Limited, GAF Materials Corporation, Kemper System Inc., Mapei S.p.A., Pidilite Industries Limited, Sika AG, CICO Technologies Limited, BASF SE, SOPREMA S.A.S., Saint-Gobain Corporation, H.B. Fuller Construction Products Inc., Johns Manville Corporation, Henkel Polybit LLC, ISOMAT S.A., MBCC Group, GCP Applied Technologies Inc., Carlisle Companies Inc., Firestone Building Products, Mule-Hide Products Co. Inc., Tremco Incorporated, Garland Industries Inc., Polyglass Inc., IKO Industries Ltd., Derbigum Americas Inc., Karnak Corporation, Polycoat Products, Western Colloid Roofing Systems, American Hydrotech Inc., Henry Bakor Inc.
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What Is Covered In The Liquid Applied Membranes Global Market Report?
• Market Size Forecast: Examine the liquid applied membranes market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the liquid applied membranes market for a structured understanding.
• Key Players Overview: Analyze major players in the liquid applied membranes market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the liquid applied membranes market.
• Segment Contributions: Evaluate how different segments drive overall growth in the liquid applied membranes market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the liquid applied membranes market.
• Industry Challenges: Identify potential risks and obstacles affecting the liquid applied membranes market.
• Competitive Landscape: Review strategic developments in the liquid applied membranes market, including expansions, agreements, and new product launches.
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