Global Waterproofing Membranes Market – Growth and Trend Outlook 2016-2022
The global waterproofing membranes market is expected to grow at a significant rate in the near future owing to the growing water management sector along with the rising demand from infrastructure & construction industry across the globe. Over the past few years, irregular distribution of rainfall both seasonally and geographically has increased the need for water treatment, transportation, and conservation, which is expected to further drive the waterproofing membranes market over the coming years. Rising infrastructural spending coupled with improving infrastructure in the emerging economies and increasing demand for technologically advanced & superior quality construction material are projected to fuel market demand in the forthcoming years. The boom in the construction industry in the emerging economies has spurred the demand for material technology advancement, which is likely to augment the growth of waterproofing membranes market in the study period. Rising water & waste management activities have also boosted the demand for waterproofing membranes globally. However, high price volatility of feedstock and low awareness among contractors regarding usage of right type & quality of construction chemicals are major restraints, which may hinder the growth of waterproofing membranes market during the forecast period.
In the report, “Global Waterproofing Membranes Market Research Report - Industry Analysis, Size, Share, Growth, Trends And Forecast” added by DecisionDatabases.com the market overview, market size; growth trends and future prospects are elaborately covered. The report incorporates the waterproofing membranes market analysis on the basis of types and application. The report offers details about the drivers, restraints and growing opportunity in the industry.
The global waterproofing membranes market has been segmented based on types into modified bitumen, PVC, EPDM, TPO, HDPE, LDPE, and others. The waterproofing membranes market has been further segmented based on applications into roofing & walls, building structures, waste & water management, tunnel liners, bridges & highways and others. The TPO waterproofing membranes is a leading segment type and is projected to witness a double-digit growth over the coming years owing to its growing demand for commercial roofing membranes due to its various features such as cost-effectively, eco-friendly, durability, low installation cost, heat-resistance ability and recyclability nature. The roofing & walls is a major application segment and is estimated to grow at a significant rate in the near future on account of its growing expansion scope along with the rising consumption of membranes globally.
The historical year on year study shows Europe’s dominance in the global market. It is expected to grow at a considerable rate over the coming years due to the increasing infrastructure spending particularly in Poland, Russia, and Turkey along with the rising awareness about waste & water management in the region. Asia Pacific is a fastest growing market for waterproofing membranes and is anticipated to continue its dominance over the forecast period due to growing waste & water management industries in the area and rising infrastructure investments in commercial & industrial projects in the region.
The global waterproofing membrane market is fragmented in nature, due to the presence of numerous unorganized players in the market. The major industry players include Carlisle Companies Inc., Chryso S.A.S, Derbigum, Firestone Building Products Company LLC., Flex Roofing Systems, Fosroc International Limited, GAF Material Corporation, GSE Environmental, Iko Industries Ltd., Johns Manville, Juta A.S., Renolit Se, Schluter Systems Ltd., Sika AG, Solmax International Inc., Soprema Group, The DOW Chemical Company and W.R. Grace & Co.
In 2016, Newton Waterproofing Systems has announced the launch of new cavity drain membranes in the global market.
In June 2014, Eagle has launched Desmopol, a waterproofing liquid membrane which can be applied in one layer and can be installed directly on most substrates.
In Oct 2015, Imperalum had launched a new range of APP membranes.
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