Global waterproofing
membranes market is expected to reach USD 9.49 billion by 2022,
according to a new study by Grand View Research, Inc. Increased infrastructural
investments by U.S., India and China is expected to propel market growth over
the forecast period. In addition, improving infrastructure in developing
countries of Central & South America and Asia Pacific has been a key
contributing factor to overall growth of the waterproofing membranes market
over the past few years and the trend is expected to continue over the forecast
period.
Uneven distribution of water precipitation both
geographically and seasonally increases need for water conservation,
transportation, and treatment which is expected to augment market demand over
the next seven years. Liquid applied membrane was the major application
estimated at over 1,300.0 million square meters in 2014.
Browse full research report on Waterproofing
Membrane market: http://www.grandviewresearch.com/industry-analysis/global-waterproofing-membranes-market
Further key findings from the study suggest:
- Bitumen
was a majorly consumed product with demand exceeding 35% of global market
in 2014. However, polymers including PVC, thermoplastic polyolefins,
polyurethane and EPDM are expected to witness fastest growth over the
forecast period owing to properties of uniform thickness making its
application uniform and easy.
- Liquid
applied waterproofing membrane demand was the largest in 2014 accounting
for over 65% of the global volume. Increasing need for cost effective high
performance water repellents coupled with rising infrastructural
expenditure in developing countries has been driving the market over the
past few years.
- Roofing
was the fastest growing segment valued above USD 1.50 billion in 2014.
Growing waterproofing systems demand for roofing applications on account
of properties including flexibility, texture, durability, slip and UV
resistance will have a positive impact on the market over the forecast
period.
- Asia
Pacific was the fastest growing regional market, estimated at 364.15
million square meters in 2014. Growing government spending on
infrastructure in Asia Pacific region particularly in China and India will
propel waterproofing membranes market. In addition, South Korea is
expected to show high growth in construction industry owing to private and
public investments in commercial, industrial and infrastructure projects
which in turn are expected to fuel demand.
- Waterproofing
membranes market is fragmented in nature, on account of numerous companies
present globally. BASF SE manufactures products under the brand name
“MasterSeal” while Pidilite Industries Ltd. produces them under a popular
brand called “Dr.Fixit”. Companies including Pidilite, BASF and Dow
Chemicals are key manufacturers and suppliers of waterproofing membranes
on a global scale.
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Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
For the purpose of this study, Grand View Research has
segmented the global waterproofing membranes market on the basis of product,
application, end-use and region:
Waterproofing Membranes Product Outlook (Volume, Million
Square Meters; Revenue, USD Million, 2012 - 2022)
- Polymers
- PVC
- TPO
- EPDM
- Polyurethanes
- Others
- Bitumen
- SBS
bitumen
- APP
bitumen
- Polymer
modified cement
- Others
Waterproofing Membranes Application Outlook (Volume,
Million Square Meters; Revenue, USD Million, 2012 - 2022)
- Liquid
applied membrane
- Sheet
membrane
Waterproofing Membranes End-use Outlook (Volume, Million
Square Meters; Revenue, USD Million, 2012 - 2022)
- Roofing
- Walls
- Building
structures
- Landfills
& tunnels
- Others
Waterproofing Membranes Regional Outlook (Volume, Million
Square Meters; Revenue, USD Million, 2012 - 2022)
- North
America
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- MEA
Access press release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/waterproofing-membranes-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
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