Global Waterproofing Membrane Market Key Facts, Dynamics, Segments and Forecast Predictions Presented
Research Nester published a report titled “Waterproofing Membrane Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global waterproofing membrane market in terms of market segmentation by product, raw material, application, end-user, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The global waterproofing membrane market is anticipated to attain a CAGR of ~9% over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of
application into roofing & walls, water management, tunnel liners, bridges,
and others, out of which, the roofing & wall segment is
anticipated to hold largest market value over
the forecast period owing to the
increasing residential construction activities, along with the growing use of
waterproofing membranes to line the drainage slopes and roofs.
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The global waterproofing membrane market is projected to grow on the back of increasing
usage of waterproofing membranes in infrastructural and residential
construction. Increasing construction of tunnels and bridges using
waterproofing membrane to protect the structure from water damage, and growing
application of the membrane in roofing and drainage slopes to prolong the life
of houses and buildings are some of the major factors estimated to boost the
market growth. Furthermore, waterproofing membrane provides other benefits,
such as, impact resistance, and durability, which is further expected to boost
its usage in the construction industry.
On the basis of geographical analysis, the
global waterproofing membrane market is segmented into five major regions
including North America, Europe, Asia Pacific, Latin America and Middle East
& Africa region. The market in the Asia Pacific region is
estimated to gain largest market share over the forecast period, owing to the
growing construction industry, coupled with the weather conditions in the
region. APAC region experiences heat and heavy rainfall in summers and monsoon
respectively, which is estimated to boost the regional market growth.
Increasing Application of Waterproofing
Membranes in Construction Sector to Propel the Market Growth
Waterproofing
membranes, as the name suggests, are used to protect any surface, from the
walls and roofs of a building, to the insides of a water management system or
tunnel, from the damage by water. In addition to this, these membranes also
provide protection from heat, corrosion and other impacts. The increasing use
of these membranes in the infrastructural as well as residential construction
activities, is the major growth driver for the market.
“The
Final Report will cover the impact analysis of COVID-19 on this industry.”
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However,
competition from the natural alternative products is expected to operate as key
restraint to the growth of the global waterproofing membrane market over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global waterproofing
membrane market which includes company profiling of Tremco Construction
Products Group, Soprema S.A.S., BASF
SE, Sika AG, GCP Applied Technologies Inc, Holcim Ltd, MAPEI S.p.A., Carlisle Construction
Materials LLC (CCM), Fosroc, Inc., Johns Manville and others. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global waterproofing membrane market
that will help industry consultants, equipment manufacturers, existing players
searching for expansion opportunities, new players searching possibilities and
other stakeholders to align their market centric strategies according to the
ongoing and expected trends in the future.
About Research Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision in order to avoid future uncertainties.
Contact for more
Info:
AJ Daniel
Email: info@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
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