According to a new market report published by Lucintel, the future of the Mexican waterproofing membrane market looks promising with opportunities in the roofing and wall, building structures, water and wastewater management, and landfill and tunnel sectors. The Mexican waterproofing membrane market is expected to grow with a CAGR of 4% from 2021 to 2027. The major drivers for this market are increasing building and construction industries and cost effectiveness of waterproofing membranes.
In this market, bitumen, PVC, polyurethane, TPO, EPDM, and other material based membranes are used in various applications for waterproofing. Lucintel predicts that bitumen waterproofing membrane will remain the largest segment over the forecast period supported by ease of availability of material and economical cost. Lucintel forecasts that the TPO based waterproofing membrane is expected to witness the highest growth over the forecast period because of its attractive properties of being eco-friendly and easy to install; TPO is also lightweight and offers superior heat resistance.
Within the Mexican 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 increasing demand for waterproofing membrane in flat roof and low slope roof applications and also because of energy-efficient roofing solutions.
Emerging trends, which have a direct impact on the dynamics of the industry, include use of breathable waterproofing membrane and growing use of eco-friendly materials. Sika AG, GAF Materials Corporation, LafargeHolcim (Firestone Building Products), Dow Chemical, GCP Applied Technologies and RPM International (Tremco) are among the major suppliers of waterproofing membrane.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the Mexican waterproofing membrane market by application, material, form, and region and has come up with a comprehensive research report titled “Growth Opportunities in the Mexican Waterproofing Membrane Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The 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 a forecast for the Mexican waterproofing membrane by application, material, form, and region as follows:
By Application [Million Square Meter and $M shipment analysis from 2016 to 2027]:
Roofing and Wall
Building Structures
Water and Waste Water Management
Landfill and Tunnel
Others
By Material [Million Square Meter and $M shipment analysis from 2016 to 2027]:
Bitumen
PVC
TPO
Polyurethane
EPDM
Others
By Form [Million Square Meter and $M shipment analysis from 2016 to 2027]:
Liquid Applied
Sheet Based
This 150-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 www.lucintel.com/mexican-waterproofing-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel 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 following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the Mexican Waterproofing membrane market by material (Bitumen, PVC, TPO, Polyurethane, EPDM, and Others), by application (roofing and wall, building structures, water and waste water management, landfill and tunnel, and Others), and form (liquid applied and sheet based)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.4 What are the business risks and threats to the market?
Q.5 What are the emerging trends in this market and reasons behind them?
Q.6 What are some changing demands of customers in the market?
Q.7 What are the new developments in the market? Which companies are leading these developments?
Q.8 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.9 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 product substitution?
Q.10 What M&A activity has occurred in the last 5 years?