The global liquid applied membrane market is
expected to reach USD 6.92 billion by 2022, according to a new report by Grand
View Research, Inc. Technical advancements in liquid applied membrane, when
compared to traditional systems, allow benefit in terms of cost reduction,
better planning, and overall concrete protection. Liquid applied membranes have
immense market potential on account of flexibility, making them ideally suited
for application in water and waste management systems.
European Commission announced
favorable prices governing the production of natural based polymer products
such as biopolymers, thereby enabling major players in the liquid applied
membrane market to provide environment-friendly solutions. Developing markets
of Asia Pacific and Europe are expected to account for over 50.0% share in
global waste and water management industry, further augmenting market demand
for liquid applied membrane. Governments of various developing and developed
nations have comprehended the dual need for infrastructure development, coupled
with sustainability and durability. This is driving the demand for green
buildings, consequently generating a vast market opportunity for the liquid
membranes market.
Browse full research report on Liquid Applied Membrane
Market: http://www.grandviewresearch.com/industry-analysis/liquid-applied-membrane-market
Further key findings from the report suggest:
- Cementitious membrane accounts for a significant
share owing to increased availability of polymer reinforced membranes which
allow superior quality at affordable cost. These membranes can withstand
high negative as well as positive hydrostatic pressure and provide
excellent bonding to concrete, which facilitates high-quality
waterproofing. The segment is expected to grow at a CAGR of 6.4% from 2015
to 2022.
- Polyurethane membrane is expected to witness rapid
growth in demand on account of its superior properties including ease of
application, resistance to UV radiation, water vapor permeability, easy
repair & maintenance, and high mechanical strength. Companies have
been increasingly developing polyurethane based membranes to meet rapidly
growing demand. These accounted for over 12.0% of the global market in
2014 in terms of revenue.
- Roofing application dominated the market in 2014 and
accounted for over 28.0% of total revenue share. Excellent physical and
chemical properties of liquid applied membrane coupled with rapid
infrastructural development worldwide are expected to increase penetration
in this segment over the forecast period.
- Residential segment is expected to be the major
end-use on account of rising urban population and increasing
infrastructure investment by governments. Asia Pacific is expected to
witness rapid growth in this segment on account of growing trend of
nuclear families in the region.
- Asia Pacific market demand was over 250.0 million
square meters and is expected to rise on account of increasing requirement
to an elongate life of building structures and protect the infrastructure
during severe environmental conditions. Governments have been investing
increasingly in the protection of historical monuments which is expected
to propel growth over the forecast period. In addition, increasing urban
population in the region is expected to facilitate residential
construction, thus driving demand for the product over the forecast
period.
- Europe accounted for over 30.0% of the global market
size and is expected to witness significant growth over the coming years.
The revival of European construction industry with rapid growth in demand
from the UK, Germany, and Nordic countries is expected to propel liquid
applied waterproofing utilization in the region over the forecast period.
The construction industry in Eastern European countries including Hungary,
the Slovak Republic, and Poland has also witnessed moderate growth over
the past years and is expected to have a positive impact on liquid applied
membrane demand over the next seven years.
- Key market players highly rely on R&D for new
product development to sustain competition. The other major strategies
include joint ventures and acquisitions & mergers. In April 2014, INGE
GmbH, a subsidiary of BASF SE, entered into a strategic, contractual
agreement with Aquasource to synergistically improve their waterproofing
solutions. In August 2013, Pidilite Industries Ltd. acquired Suparshva
Business Limited to expand its adhesive business.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/green-building-materials
Grand View Research has segmented the global liquid applied
membrane market on the basis of product, application and region:
Global Liquid Applied Membrane Product Outlook (Volume,
Million Square Meters; Revenue, USD Million, 2012 - 2022)
- Cementitious
- Bituminous
- Polyurethane
- Others
Global Liquid Applied Membrane Application Outlook
(Volume, Million Square Meters; Revenue, USD Million, 2012 - 2022)
- Roofing
- Walls
- Building
Structures
- Landfills
& Tunnels
- Others
Global Liquid Applied Membrane End-use Outlook (Volume,
Million Square Meters; Revenue, USD Million, 2012 - 2022)
- Residential
- Commercial
- Industrial
- Public
Infrastructure
Global Liquid Applied Membrane 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
- Middle
East & Africa
Access Press Release
By Grand View Research: http://www.grandviewresearch.com/press-release/global-liquid-applied-membrane-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.
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