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.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/liquid-applied-membrane-market
U.S. liquid applied membrane market revenue, by application, 2012-2022 (USD Million)
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 All Reports of
this category @ 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 AmericaMiddle East & Africa
·
Brazil
No comments:
Post a Comment