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/press-release/waterproofing-membranes-market
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
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.
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