The global waterproofing
membranes market is expected to reach USD 37.55 billion by 2025,
according to a new report by Grand View Research, Inc. Rising need for durable
and good quality construction materials is likely to propel the market over the
next eight years.
Technological developments and innovations in the
field of waterproofing membranes have led to the development of products, which
offer advantages including low cost and high surface protection. The
governments in various economies have been taking efforts for reducing the
prices of natural polymers, which is expected to fuel utilization of
environmental-friendly products.
Growing population and urbanization is expected to
facilitate the investment in construction sector in the Asia Pacific region.
The capital project & infrastructure sector in the region is likely to
reach USD 5,300 billion by 2025 with a growth of 7.0% to 8.0% per year. Strong
economic growth and promotion of FDI in India are expected to spur the demand
over the forecast period.
Browse full research report on Global Waterproofing Membranes Market: https://www.grandviewresearch.com/industry-analysis/global-waterproofing-membranes-market
Further
key findings from the report suggest:
- Liquid applied membranes are expected to witness a CAGR of 8.7%
from 2017 to 2025 on account of their cost efficiency and high water
resistance as compared to sheet products
- Polyurethane liquid membranes are expected to witness rapid growth
from 2017 to 2025 on account of ease of application, full surface
adhesion, high water vapor permeability, and flexibility
- PVC sheets accounted for a share of 6.6% of the global market in
2016 on account of their high cost
- Building structure is expected to be one of the major applications
on account of increasing demand for residential construction and
advancements in existing infrastructure
- Growing concerns regarding environmental pollution are expected to
increase the demand for biobased products, particularly in North America
and Europe, over the coming years
- In June 2017, Sika opened a new production facility in Tanzania to
gain an early foothold as a local producer in the market
- In Dec 2016, Kemper System America, Inc. acquired STS Coatings,
Inc. to increase its product offerings in full 'Building Envelope'
solutions
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand
View Research has segmented the global waterproofing membranes market on the
basis of application, end use, and region:
Application
Outlook (Revenue, USD Million; Volume, Million Square Meters,
2014 - 2025)
- Liquid
applied membranes
- Cementitious
- Bituminous
- Polyurethane
- Acrylic
- Others
- Sheet
membranes
- Bituminous
- PVC
- EPDM
- Others
End-Use
Outlook (Revenue, USD Million; Volume, Million Square Meters,
2014 - 2025)
- Roofing
- Walls
- Building
Structure
- Tunnels &
Landfills
- Others
Regional
Outlook (Revenue, USD Million; Volume, Million Square Meters,
2014 - 2025)
- North America
- U.S.
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- Central &
South America
- Brazil
- Middle East
& Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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