NEW YORK, Aug. 31, 2015 /PRNewswire/ -- Waterproofing membranes have found wide acceptance in various applications including roofing & walls, building structures, waste & water management, and bridges & highways because of their superior lightweight nature, low labor requirements, low installation cost, and environmental resistance characteristics. On the basis of types, the market of waterproofing membranes can be broadly segmented into modified bitumen, PVC, TPO, EPDM, HDPE, LDPE, among others. Though modified bitumen is the majorly consumed waterproofing membranes, TPO is an emerging type of waterproofing membrane, which is expected to change the trend in waterproofing membranes market in the long term.
The Asia-Pacific region is the biggest market of waterproofing membranes, accounting for 39.6% of the total global waterproofing membranes material consumption in terms of volume in 2014. There is a lot of scope in the Asia-Pacific market due to increasing waterproofing membrane manufacturing base in the region. Building & construction, and waste & water management industry of Asia-Pacific is increasing at a sharp pace, increasing the demand for waterproofing membranes in the region. Increasing population coupled with urbanization is increasing the demand of residential buildings and water management activities in the region, which increases the demand for waterproofing membranes.
Currently, the penetration of waterproofing membranes is the largest in roofing & walls application & is increasing in the waste & water management applications. The key drivers for increasing the demand of waterproofing membranes are their lightweight nature and durability, growth in end-user segment, and environmental sustainability needs and energy savings. The rising demand from developing nations is further pushing the market of waterproofing membranes in different potential applications including roofing & water management applications. Merger & acquisitions, technological developments & innovations and expansion are identified as key strategies to expand the waterproofing membranes market.
This study on waterproofing membranes market estimates its global demand and market value for 2014 and projects the expected demand and market size in terms of value of the same by 2020. As a part of the quantitative analysis, the study segments the global market by types and applications at country level with current market estimation and forecast till 2020. The countries covered in the report are the U.S., Canada, Mexico, Germany, Italy, France, U.K., Japan, China, India, South Korea, Middle East and Brazil. The segmentation by type includes modified bitumen, PVC, TPO, EPDM, HDPE, LDPE, among others; while on the basis of its application, the segmentation includes roofing & walls, building structures, waste & water management, tunnels liners, bridges & highways, among others.
As a part of qualitative analysis, the research provides the report with a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, and key challenges in the market.
It also includes company profiling and competitive strategies adopted by various market players including Carlisle Companies Inc. (U.S.), Firestone Building Products Company, LLC (U.S.), Soprema Group (France), GSE Environmental (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S.), Johns Manville (U.S.), Sika AG (Switzerland), and GAF Materials Corporation (U.S.).
Read the full report: http://www.reportlinker.com/p03139669-summary/view-report.html
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