Waterproofing membrane Market Estimates & Forecast 2017 – 2024 (1)

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Waterproofing Membrane Market Report Product
Analysis, Size, Industry Share by 2024
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• Overview

• Waterproofing Membrane Market was valued over USD
  5.5 billion in 2015 and is expected to register a
  CAGR of more than 7 over 2016-2024.
• Infrastructural development and the rising demand
  for durable raw material from the construction
  sector will fuel waterproofing membrane market
  across the globe. Furthermore, global waste
  management, technological innovations, and
  availability of raw material will drive industry
  growth.
• Polymers, bitumen, and polymer modified cement
  are the types of waterproofing membrane products.
  Bitumen waterproofing membrane industry size is
  expected to observe a CAGR of 6.5 over
  2016-2024. Favorable pricing regulations
  implemented by the European Commission will
  provide ample opportunities for industry players
  to come up with eco-friendly solutions, fueling
  Europe waterproofing membrane market.

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• Polymers such as EPDM and PVC are flexible,
  water-resistant, and permeable, owing to which
  they are widely used in infrastructural
  development. Global polymer waterproofing
  membrane market is likely to witness a growth
  rate of more than 7 over 2016-2024.
• Waterproofing membrane industry size in roofing
  was worth more than USD 1.6 billion in 2015,
  driven by the product properties such as load
  bearing and heat resistance. Waterproofing
  membrane market size in building structures will
  grow at a CAGR exceeding 7 over 2016-2024.
• Waterproofing membrane find applications in sheet
  and liquid applied membrane. End users for sheet
  membrane include wet rooms, bathrooms, roofs, and
  walls, driven by their properties of
  cost-effectiveness, safety, and low maintenance.
  Worldwide sheet waterproofing membrane industry
  is likely to observe a CAGR of 6 over 2016-2024.
  
• Liquid applied waterproofing membrane is strong,
  durable, and do not require primers and seam
  treatment, on account of which they are preferred
  over prefabricated sheets. Liquid applied
  waterproofing membrane market size was worth more
  than USD 4 billion in 2015, with a CAGR
  estimation of more than 6.5 over 2016-2024.

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• 360 Analysis

• Leading players of this industry such as Dow,
  BASF, and Pidilite are engaged in the production
  and consumption of raw material required for
  various product manufacturing operations. Other
  companies operating in this domain include
  DuPont, Covestro, CICO Technologies, Sika AG, and
  Fosroc.
• Geographically, U.S. waterproofing membrane
  market is predicted to grow at a CAGR of more
  than 5, driven by strict EPA regulations
  regarding the usage of fluorocarbons in the
  manufacturing process.
• Rapid industrialization and urbanization will
  favor China waterproofing membrane industry size,
  which is likely to exceed 300 million square
  meters by 2024.
• It is important to note that this market is
  highly fragmented, with many companies
  establishing their presence across countries such
  as India and China.

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Competitive Trends

• The notable industries in Waterproofing Membrane
  are
• Dow chemical
• BASF
• Silk AG
• Du Pont
• Covestro
• Pidilite
• Fosroc
• CICO Technologies
• W.R. Meadows
• Soprema Group
• Johns Manville

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