According to a market report by Lucintel, the future of the waterproofing membrane market looks promising with opportunities in the roofing & walls, building structures, water and waste water management, tunnels & landfills, and others. The global waterproofing membrane market is expected to reach an estimated $25.1 billion by 2027 with a CAGR of 3.5% from 2021 to 2027. The major drivers for this market are cost-effectiveness and efficiency of waterproofing membranes, supportive government policies related to public infrastructure growth across the globe, and growing population that is leading to increased residential construction projects.
Browse 171 market data tables and 163 figures spread through 205 pages and in-depth TOC on “Global Waterproofing Membrane Market"
In this market, modified bitumen, PVC, EPDM, TPO, polyurethane, and others are the major product types. Lucintel forecasts that EPDM will be the largest material type due to increasing demand from building structure and roofing and wall applications. TPO is expected to witness the highest growth over the forecast period due to ease of installation, environment friendly, versatility, and compliance with numerous building standards.
Within the waterproofing membrane market, roofing and wall will remain the largest application, and it is also expected to witness the highest growth over the forecast period due to increased demand for single ply roofing, growing energy efficient roofing solutions, and the increasing retrofit market in Europe and North America.
Asia Pacific will remain the largest market over the forecast period due to an increase in demand in developing countries, coupled with the growing preference for synthetic waterproofing membrane products in roofing applications.
Emerging trends, which have a direct impact on the dynamics of the waterproofing membrane industry, include increasing use of breathable waterproofing membranes and growing use of eco-friendly materials. Carlisle Companies Inc., Firestone Building Products Company, LLC, Soprema Group, GSE Environmental, BASF SE, The Dow Chemical Company, Johns Manville, Sika AG, and GAF Materials Corporation are among the major manufacturers of waterproofing membranes.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global waterproofing membrane market by application, product type, form, and region. Lucintel has prepared a comprehensive research report entitled "Global Waterproofing Membrane Market 2022-2027: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global waterproofing membrane market by application, product type, form, and region as follows:
By Application [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
•Roofing & Walls
•Building Structures
•Water and Waste Management
•Tunnels & Landfills
•Others
By Material Type [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
•Modified Bitumen
•PVC
•EPDM
•TPO
•Polyurethane
•Others
By Form [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
•Liquid Applied
•Sheet Based
By Region [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
•North America
oUnited States
oCanada
oMexico
•Europe
oGermany
oUnited Kingdom
oFrance
oPoland
•Asia-Pacific
oChina
oJapan
oIndia
•ROW
More than 205 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/waterproofing-membrane-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global waterproofing membrane market by material (modified bitumen, PVC, polyurethane, TPO, EPDM, and others), application (roofing and walls, building structures, water and waste water management, landfills and tunnels, and others), form (liquid applied and sheet based), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of waterproofing membrane market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the waterproofing membrane market?
Q.8 What are the new developments in waterproofing membrane market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the waterproofing membrane market?