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.
View summary of this report @ 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
o
PVC
o
TPO
o
EPDM
o
Polyurethanes
o
Others
·
Bitumen
o
SBS bitumen
o
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
o
U.S.
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
·
Latin America
o
Brazil
·
MEA
For press release of this report - http://www.grandviewresearch.com/press-release/waterproofing-membranes-market
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