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.
Browse more reports of this category by Grand View
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
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.
No comments:
Post a Comment