The Waterproofing Membranes Market Composites growth outlook with industry review and forecasts

Waterproofing membrane market size is forecast to hit 3.23 billion square meters at a growing CAGR of 6.6% from 2015 to 2022. Surge for durable and good quality construction material is projected to drive this market in the near future.Waterproofing membranes are used in various applications such as building structures, roofing & walls, bridges, highways waste & water management owing to their durability, low installation cost and labor requirements, lightweight nature, environmental resistance properties. Depending on the type, the market can be broadly segmented into TPO, modified bitumen, EPDM, PVC, LDPE, HDPE, among others.

Global Market Insights has a new study based report titled " Waterproofing Membranes Market Size By Application (Sheet Membranes, Liquid Applied Membranes), By End-Use (Building Structures, Roofing, Walls, Landfills & Tunnels), By Product (Polymers, Polymer Modified Cement, Bitumen, Others), Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, Spain, Austria, Luxembourg, Belgium, Netherlands, Czech Republic, Poland, China, India, Japan, Indonesia, Malaysia, Thailand, Australia, South Korea, Brazil, Saudi Arabia, South Africa), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024".

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The report offers all-inclusive analysis of:

1 Market structure
2 Factors restraining market growth
3 Market growth drivers
4 Opportunities and challenges
5 Market estimations and forecast for projected period

Modified bitumen is accounted as the key segment and is projected to register substantial growth at an expected CAGR of more than 6.5% during the projected period. TPO is a budding membrane type and is poised to open avenues in membrane industry in the long term. This type is the rapidly-growing commercial roofing membrane and is gaining wide industry acceptance for its installation benefits, performance, and reasonable cost. Eco-friendly chemistry, durability, recyclability, low installation cost, flexibility, exceptional heat resistance, and less labor requirement, are some of other properties making it a preferred option.

The Waterproofing Membranes Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Waterproofing Membranes Market Industry Insights

3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights

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3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends

4. Waterproofing Membranes Market Product Insights
Polymer waterproofing membranes market size was worth over USD 2.5 billion in 2015. Polymers include TPO, PU, PVC and EPDM are main constituents used in product making. These deliver a monolithic application with no layers, leaving no drawback for cracks to develop.

Bitumen waterproofing membranes market size should witness at over USD 4 billion by 2024. It is a petroleum based product and is manufactured in two grades, APP butadiene and SBS bitumen. Bitumen is restricted in the U.S. owing to concerns regarding environment. But, in China and India, use of bitumen is present owing to relaxed government norms.

5. Waterproofing Membranes Market Application Insights
Liquid applied waterproofing membranes market size should register over USD 7.5 billion by 2024. It is cost-effective and provides strength, durability and elongation against harsh weather climate and is best suited for roofing.

Preformed sheet waterproofing membrane applications should grow at over 6%. It has advantages including low maintenance & cost and safety characteristics. Sheets can cover openings and link over cracks with higher success than liquid applied membranes. These sheets are used in balconies, bathrooms, roofs and walls.

6. Waterproofing Membranes Market Regional Insights

U.S. waterproofing membranes market size, should witness growth at around 5.5%. EPA recognized PFOS and PFOA as hazardous materials forcing the manufacturers to exclude fluorocarbons. This norm led to new strategies to be undertaken by manufacturers to increase biopolymer products production by different companies in myriad applications.

Europe waterproofing membranes market size, may foresee over USD 3.5 billion revenue by 2024. European Association declared favorable prices to produce polymer products derived from biomass, thus resulting the market players to provide environment friendly approaches.

China waterproofing membranes market attain installations over 150 mn sqr. mtrs in 2015. Infrastructural development and increasing industrialization has led the regional industry growth. Also, mining activities also fuel regional industry.

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7. Competitor Profiles

Global waterproofing membranes market share is moderately consolidated. Some companies operating in this industry are Dow chemical, BASF, Silk AG, Du Pont, Covestro, Pidilite, Fosroc, CICO Technologies, W.R. Meadows, Soprema Group, Johns Manville, Synergies, Cangzhou Jiansheng Building Waterproof Material and Fairmate Chemicals. Companies including BASF, Pidilite and Dow are present across the value chain and captively use raw ingredients for producing different product grade.

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