The global Waterproofing Membranes Market was valued at $24.19Billion in 2018 and is forecast to grow at a modest 9.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $41.8Billion.
Waterproof membranes market along with its application has witnessed high growth in the past few years & estimate to increase a CAGR of 9.3% in the coming years the growth is largely dominated by the increasing technological advancement, increasing application. Waterproofing Membranes is a thin layer of watertight material that is laid over a surface. This layer is continuous & doesn’t allow water to pass through it which ensure that water doesn’t seep into the structural materials. Waterproofing in buildings is the formation of an impervious barrier over the surface of walls, roof, foundations, & another structural member of the building to prevent water penetration through these surfaces. This is made up of thin layers of waterproof material which is about 2-4 mm thick. sheet based membranes and liquid applied membranes are two types of membranes which are used for the purpose of building the structure, roofing, tunnel & Landfill etc. Growth in the construction sector is expected to drive the market growth of The waterproofing membrane. It is observed that the roofing is the largest application segment accounting for over 32 % of global waterproofing membranes market revenue in 2018.
“Optimal Price Point (OPP) for Waterproofing Membranes Products”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in the China Waterproofing Membranes are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Waterproofing Membranes Market by “Type”
We have segmented the Waterproofing Membranes based on Type as Liquid Applied Membranes [Cementitious, Bituminous], Sheet Membranes [PVC, EPDM].
We have observed the significant growth of waterproofing membranes by Liquid-applied membranes type which dominates the market share of 68.2% in terms of revenue in 2018.Liquid membranes combine the properties of adhesive sheet membranes while adding significant technological advancement by creating instant setting coating and it combines the elastic properties of new generation polymers combined with the waterproof characteristics of a highly emulsified asphalt. Liquid applied membranes can be applied to areas which sheet membrane can’t due to which demands the market of waterproof membranes market over the forecast period.
Sheet membrane is anticipated to register a CAGR of 8.1% in terms of revenue during the forecast period. Sheet membrane has the advantage over liquid membrane like increase productivity, soundproofing, a factory-controlled thickness which demand the market of waterproofing during the forecast period.
Waterproofing MembranesMarket by “Application”
We have segmented the Waterproofing Membranes market based on Application are Roofing, Walls, Landfills & Tunnels, Building Structure, Other.
We have observed the rapid growth of waterproofing membranes by the application of roofing segment which dominates the market & anticipated to grow a CAGR of 9.2% in terms of revenue during the forecast period. Growing end-user industries in developing nation such as India &China& energy efficiency are some of the drivers for waterproofing membranes market.
The building structure segment is also anticipated to witness a CAGR of 7.3% in terms of revenue during the forecast period.
Europe accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Waterproofing Membranes materials followed by the Asia Pacific- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.
Growing population and urbanization in emerging economies is expected to increase the construction activity and availability of Waterproofing Membranes materials option, create an impact in developing countries for the demand for construction.
“Competitive Landscape”and“Merger & Acquisition Insights”
The key market participants include Fosroc Ltd, CICO Technologies Ltd, Paul Bauder GmbH & Co, GAF Materials Corporation, Kemper System AmericaInc, DuPont, Dow Chemical Company, BASF SE, Pidilite Industries Ltd, SIKA AG are few major players in Waterproofing Membrane market. TheWaterproofing Membranes market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Waterproofing Membranes Market by Type(Revenue, Million, 2018 – 2026)
- Liquid Applied Membranes [Cementitious, Bituminous]
- Sheet Membranes [PVC, EPDM]
Waterproofing Membranes Market by Product Type (Revenue, Million, 2018 – 2026)
- Sheets & Foils
- Cables &Wires
Waterproofing Membranes Market Regional Outlook (Revenue, USD Million, 2018- 2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
Global Waterproofing Membranes Market,Global Global Waterproofing Membranes Market Analytics,Global Waterproofing Membranes Market Share, Global Global Waterproofing Membranes Market Research,Global Waterproofing Membranes Market Forecast,Global Global Waterproofing Membranes Market Insight, Global Waterproofing Membranes Market Trend, Global Global Waterproofing Membranes Market Value,Global Waterproofing Membranes Market Size, Global Global Waterproofing Membranes Market Analysis,Global Waterproofing Membranes Market Survey,Global Global Waterproofing Membranes Market Research Report