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Waterproofing Membranes Market Worth 40.19 Billion USD by 2022 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

May 23, 2019, 11:00 ET

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CHICAGO, May 23, 2019 /PRNewswire/ -- According to the new market research report "Waterproofing Membranes Market by Raw Material Type (Modified Bitumen, PVC, EPDM, TPO), Type (Liquid Applied, Sheet Based), Application (Roofing & Walls, Building Structures, Waste & Water Management) - Global Forecasts to 2022", published by MarketsandMarkets™, the Waterproofing Membranes Market size of waterproofing membranes is estimated to grow from USD 25.80 billion in 2017 to USD 40.19 billion by 2022, at a CAGR of 9.3%.

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Browse in-depth TOC on "Waterproofing Membranes Market"

112 – Tables

31 – Figures

168 – Pages

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The market is driven by the growing building & construction industry and the need to improve the quality of construction. Emerging and developed economies across the globe are carrying out infrastructure developments such as roadways, railroads, and river banking protection projects to sustain economic growth. These civil construction projects boost the consumption of waterproofing membranes, which are commonly accepted as durable and long-lasting products.

The TPO segment is projected to register the highest CAGR in the waterproofing membranes market during the forecast period.

Based on raw material type, thermoplastic olefin (TPO) is the fastest-growing segment of the market. TPO has garnered industry-wide acceptance due to its performance and installation advantages at an economical price. Some other benefits of TPO include its recyclability, durability, flexibility, low installation cost, less labor requirement, and exceptional heat resistant properties suitable for energy-efficient roofing systems.

The roofing & walls application is projected to lead the waterproofing membranes market during the forecast period.

The roofing & walls is the largest application of waterproofing membranes. The growth of the segment is mainly due to the increased protection requirement from moisture and cracks in ceilings, roofing, and walls, along with an increased need for repair and maintenance of waterproofing membranes.

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APAC is projected to be the largest and fastest growing waterproofing membranes market during the forecast period.

The APAC region was the largest market for waterproofing membranes, in terms of volume, in 2016. China is the crucial consumer of waterproofing membranes in APAC. Growing roofing and waste & water management application segments are driving the demand for waterproofing membranes in the region. These segments are mainly driven by the increasing urban population in the region. Merger & acquisition, product launch, and expansion in different industries have made the region a potential growth market for waterproofing membranes.

The key players in the waterproofing membranes market include Carlisle Companies Inc. (US), Firestone Building Products Company, LLC (US), Soprema Group (France), GSE Environmental (US), BASF SE (Germany), Dow Chemical Company (US), Johns Manville (US), Sika AG (Switzerland), and GAF Materials Corporation (US). These players have established a strong position in the market by adopting strategies such as merger & acquisition, expansion, and new product launch.

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Browse Adjacent Markets: Foam and Insulation Market Research Reports & Consulting

Related Reports :

Liquid Applied Membrane Market 

by Type (Bituminous, Elastomeric, Cementitious), application (Roofing, Underground Construction, Walls), End-Use Industry (Residential, Commercial, Public Infrastructure) - Global Forecast to 2021

Geomembranes Market by Raw Material (HDPE, LDPE & LLDPE, PVC, EPDM, PP), Manufacturing Process (Blown Film, Calendering), Application (Waste Management, Mining, Water Management, Tunnel Lining), Region - Global Forecast to 2021

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/waterproofing-membranes-market.asp
Visit Our Website: https://www.marketsandmarkets.com

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