Global Waterproofing Membranes Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

The Waterproofing Membranes Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.

The Waterproofing Membranes Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, and future strategies, acquisitions & mergers, and market footprint.

The global waterproofing membranes market report has been segmented on the basis of type, application, and region.

Waterproofing Membranes Market Overview:

“The Waterproofing Membranes Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Waterproofing is an essential activity that helps in maintaining the structural integrity of any foundation. Because of its superior waterproofing membrane and water-resistant performance, it finds its application in multiple numbers of end-use industries such as construction, transportation, wastewater treatment, and civil.

Membranes are manufactured using different types of materials such as ethylene propylene diene monomer, modified bitumen, thermoplastic polyolefin (TPO), high-density polyethylene (HDPE), low-density polyethylene (LDPE), and polyvinyl chloride (PVC).

The flourishing growth of various end-use industries particularly in developing economies is a primary factor expected to drive the growth of the global waterproofing membranes market.

Waterproofing membrane gives various advantages such as cost-effectiveness, energy efficiency, heat resistance, and high durability.

These benefits are expected to drive demand for applications such as building and roofing structures. The growing construction industry in emerging economies such as India, China, and other countries is expected to favor the growth of the global market.

A rapidly increasing population in developing countries is expected to propel residential construction projects in various regions. In addition, soaring demand for waterproofing in mining industries is expected to boost the growth of the global waterproofing membranes market.

However, a lack of awareness about construction chemicals and their uses is expected to restrict the growth of the global market.

On the other hand, rapid urbanization in emerging economies in Latin America and Asia Pacific regions is expected to create a strong demand for water and waste management projects, which in turn is creating ample growth opportunities for major players in the global waterproofing membranes market.

The target audience for the global waterproofing membranes market includes manufacturers of waterproofing membranes, distributors, traders, and suppliers of waterproofing chemicals, general waterproofing membranes associations, regional manufacturer associations, regional and government agencies, research organizations, and various investment research firms.

Asia Pacific market is projected to account for the largest share in terms of revenue in the global waterproofing membranes market, owing to its increasing application in the water management industry and construction industries.

The adoption rate of waterproofing membranes is estimated to rise in countries in the Asia Pacific region.

Demand for waterproofing membranes is projected to rise from emerging economies such as China and India in the next five years.

Waterproofing Membranes Market Segmentation:

Segmentation by type:

• Modified Bitumen
• Polyvinyl chloride (PVC)
• Ethylene propylene diene monomer (EPDM)
• Thermoplastic polyolefin (TPO)
• High-density polyethylene (HDPE)
• Low-density polyethylene (LDPE)

Segmentation by application:

• Roofing and walls
• Building structures
• Waste and water management
• Tunnels and landfills
• Bridges and highways

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa