The global waterproofing membranes market size is expected to reach USD 40.15 billion by 2030, registering a CAGR of 8.5% during the forecast period, according to a new report by Grand View Research, Inc. Growing advancement in infrastructure and construction activities coupled with a rise in demand for wastewater and water management is expected to drive the market. Biomembranes are expected to witness a high adoption trend in the coming future owing to the increasing product demand in green-building construction. In addition, government support to replace old buildings with new ones is opening new growth avenues for the construction industry, which, in turn, is adding growth to the market.
Waterproofing Membranes Market Report Highlights
- The liquid applied membrane product segment led the market and accounted for more than 64.1% share of the global revenue in 2023, on account of its thermal-reflective properties for any exterior surface application
- The polyurethane liquid applied waterproofing membrane segment is expected to witness the fastest CAGR of 10.8% in terms of revenue during the forecast period, owing to seamless finish and easy and fast installation procedure
- The roofing application segment held the largest revenue share of 37.9% in 2023., owing to its high exposure to changing climatic conditions and leakages across residential, commercial, and industrial buildings
- Asia Pacific accounted for the largest revenue share of 32.3% in 2023., owing to increasing investment in residential and commercial construction due to rapid industrialization and growing population
- The majority of the manufacturers have started emphasizing sustainable and corrosive protective raw materials for producing waterproofing membranes to increase their market presence. In addition, growing infrastructure in the developing markets of China, India, Brazil, and others are adding rapid growth to the construction sector, thereby adding growth prospects for the market.
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The market is highly dependent upon the dynamic of the raw material supply chain. Although all types of products including cementitious, bituminous, polyurethane, and others are used for manufacturing waterproofing membranes, cementitious liquid applied membrane and bituminous sheet membranes are the most commonly used waterproofing membrane in the market. The industry exhibits several mature players controlling the significant market share. However, increasing competition from a large number of small and local manufacturers from Asia Pacific is expected to increase the market competition. The market players put high stress on using sustainable raw materials to ensure an environmentally friendly image to their clients.
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We segmented the global waterproofing membrane market on the basis of raw material, product, application, construction, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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The Global Waterproofing Membranes Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the waterproofing membranes market.
The attractiveness analysis of this market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Geographically, the waterproofing membranes market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.The study details country-level aspects based on each segment and gives estimates in terms of market size.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Waterproofing Membranes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/8861-waterproofing-membranes-market-reportThe report also covers the complete competitive landscape of the global Waterproofing Membranes market with company profiles of key players such as:Carlisle Companies Inc.Chryso S.A.SDerbigumFirestone Building Products Company LLC.Flex Roofing SystemsFosroc International Ltd.GAF Material CorporationGSE EnvironmentalIko Industries Ltd.Johns ManvilleJuta A.S.Renolit SESchluter Systems Ltd.Sika AGSolmax International Inc.Soprema GroupThe DOW Chemical CompanyW.R.
Grace & Co.SEGMENTATIONS IN REPORT:Waterproofing Membranes Market Analysis by Type:Modified BitumenPVCEPDMTPOHDPELDPEOthersWaterproofing Membranes Market Analysis by Applications:Roofing & WallsBuilding StructuresWaste & Water ManagementTunnel LinersBridges & HighwaysOthersWaterproofing Membranes Market Analysis by Geography:North AmericaEuropeAsia PacificLatin AmericaMiddle East And AfricaDownload Free Sample Report of Global Waterproofing Membranes Market @ https://www.decisiondatabases.com/contact/download-sample-8861The Global Waterproofing Membranes Market has been exhibited in detail in the following chapters –Chapter 1 Waterproofing Membranes Market PrefaceChapter 2 Executive SummaryChapter 3 Waterproofing Membranes Industry AnalysisChapter 4 Waterproofing Membranes Market Value Chain AnalysisChapter 5 Waterproofing Membranes Market Analysis By TypeChapter 6 Waterproofing Membranes Market Analysis By ApplicationsChapter 7 Waterproofing Membranes Market Analysis By GeographyChapter 8 Competitive Landscape Of Waterproofing Membranes CompaniesChapter 9 Company Profiles Of Waterproofing Membranes IndustryPurchase the complete Global Waterproofing Membranes Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-8861Other Reports by DecisionDatabases.com:Global Reverse Osmosis Membrane Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Ceramic Membrane Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Liquid Applied Membrane Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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