Waterproofing Membranes Market

Waterproofing membranes market was estimated at 2018 with USD 21.50 billion and it is projected to grow at a CAGR of 8.3% over the forecast period. The membranes are made with waterproof materials and they do not allow to pass through it. The waterproofing membranes are structured with thin layers and vary in sizes according to the applications. They exhibit superior properties like high flexibility and stability. Most importantly these membranes do not pass UV rays when exposed to the sun.

Market Dynamics:

• The rise in the constructional activities across the world is the key driving factor for the market to grow.  Increasing demand to save water and growing awareness towards wastewater management are lavishing the demand of the market.
• However, the volatility of the raw materials is increasing the price of the final products which is strictly hampering the growth of the market. Availability of duplicate materials at a cheap cost is also limiting the demand of the market.
• Growing prevalence for water sewage treatments with advanced technologies is spurring the growth of the market. Rise in funds on the end-user industries is soar in coming years which solely to leverage growth opportunities for the market.

Cool liquid membrane type is having the highest revenue shares of the market

Based on the type, the market is segmented into the cold liquid membrane, hot liquid membrane, fully adhered sheets and loose laid sheets. Cold liquid membrane is witnessed to lead the highest shares of the market.  These membranes have high abrasion resistance and also owe excellent crack-bridging properties and these factors are fueling the growth of this segment.

Roofing and walls are ruling dominant shares of the market

By applications, the market is segmented into roofing and walls, water and waste management, building structures, tunnel liners, bridges, and highways. Roofing and walls are accounted to have huge opportunities with the increasing constructions of multi-store buildings. 

North America is positioned at the top position in leading the largest shares of the market

Geographically, North America is accounted to have the highest shares of the market from the past years by owing to the adoption of the latest technological advancements. The Asia Pacific is the fastest-growing region in the foremost time span with the rising demand for wastewater treatment and also increased constructional activities. Europe is following North America in holding the highest shares of the market. Increasing concern towards the environment safety is escalating the growth of the market in this region. Middle East & Africa is expected to have slightly inclined growth rate in the review period.

Some of the players involved in the waterproofing membranes market are BASF SE, Carlisle Companies Inc., The Dow Chemical Company, Firestone Building Products, GAF Materials Corp, Johns Manville, Pidilite Industries, Sika AG, IKO Industries Ltd and others.

This research report includes following segmentation for the Global Waterproofing Membranes Market size and forecast until 2025.

Waterproofing Membranes Market Analysis - By Type

• Cold Liquid-Applied Membranes
• Hot Liquid Applied Membranes
• Fully Adhered Sheets
• Loose Laid Sheets

Waterproofing Membranes Market Analysis - By Raw Material

• Modified Bitumen
• PVC
• TPO
• EPDM
• HDPE
• LDPE

Waterproofing Membranes Market Analysis - By Application

• Roofing and Walls
• Water and Waste Management
• Building Structures
• Tunnel Liners
• Bridges and Highways

Waterproofing Membranes Market Analysis - By Region

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