Press release
Waterproofing Sheet Membrane Market is Forecasted to Reach US$ 29.3 billion in 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global Waterproofing Sheet Membrane Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3555/waterproofing-sheet-membrane-market.html#form
Report Highlights: `
Market Size in 2028: US$ 29.3 billion
Growth (CAGR): 5.0% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Waterproofing Sheet Membrane Market:
The global Waterproofing Sheet Membrane Market is segmented material type, application type, end-user type, construction type & Region
Based on material type: Among material types, bitumen has established itself as the undisputed leader in the global waterproofing sheet membrane market, prevailing across major regions. Its exceptional performance, unparalleled durability, and cost-effectiveness have made it the material of choice for a wide range of construction applications. Bitumen's remarkable versatility and ease of use further contribute to its popularity, enabling it to meet the needs of diverse construction projects.
Based on application type: The market is segmented into roofing & walls, building structures, industrial, water & wastewater management, tunnels, and others. The roofing & wall segment dominates the market, with significant usage of sheet membranes in the application areas. Terraces and roofs are particularly vulnerable to rainwater, significantly increasing the likelihood of leaks.
However, using a sheet membrane creates a highly effective barrier that prevents water penetration. With their exceptional flexibility at low temperatures, impressive dimensional stability at high temperatures, and ease of application under hot-melt conditions, these waterproofing membranes offer an all-around superior solution.
To know the most attractive segments, click here for a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3555/waterproofing-sheet-membrane-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis Asia-Pacific region is projected to retain its position as the largest market for sheet membranes during the forecast period. This growth outlook is majorly attributed to the following-
• This growth can be attributed to several major factors, including increasing construction activities due to rapid urbanization and industrialization, promising economic growth, and a shift of manufacturing industries from Western economies to Asian economies.
• Additionally, the implementation of building and energy codes is driving the demand for waterproofing solutions in the region. Key economies such as China and India are playing a vital role in driving the growth of the sheet membrane market in the region.
Waterproofing Sheet Membrane Market Drivers:
• The waterproofing sheet membrane market is witnessing an upward growth trajectory, driven by a multitude of factors, including increasing demand from the construction industry, heightened awareness regarding efficient waterproofing, innovative technological solutions, stringent government regulations, escalating demand for eco-friendly alternatives, expanding infrastructure projects, and rapid urbanization.
• Furthermore, waterproofing sheet membrane demand is triggered by several factors, including its ability to offer uniform thickness, high strength, ease of installation, low cost of installation, and quick installation time.
Top 10 Companies in the Waterproofing Sheet Membrane Market:
Stratview Research has identified the following companies as the top market players:
• Oriental Yuhong
• Sika AG
• Keshun Waterproofing Technologies
• Carlisle Companies, Inc.
• RPM International, Inc.
• BASF SE
• Saint-Gobain
• Hongyuan Waterproof Technology Group Co., Ltd.
• Mapei S.p.A.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Waterproofing Sheet Membrane Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Waterproofing Market : https://www.stratviewresearch.com/3552/waterproofing-market.html
• Below-Grade Waterproofing Market: https://www.stratviewresearch.com/283/below-grade-waterproofing-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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