According to a market report by Lucintel, the future of the waterproofing membrane market looks promising with opportunities in the roofing & walls, building structures, water and waste water management, tunnels & landfills, and others. The global waterproofing membrane market is expected to reach an estimated $25.1 billion by 2027 with a CAGR of 3.5% from 2021 to 2027. The major drivers for this market are cost-effectiveness and efficiency of waterproofing membranes, supportive government policies related to public infrastructure growth across the globe, and growing population that is leading to increased residential construction projects.
In this market, modified bitumen, PVC, EPDM, TPO, polyurethane, and others are the major product types. Lucintel forecasts that EPDM will be the largest material type due to increasing demand from building structure and roofing and wall applications. TPO is expected to witness the highest growth over the forecast period due to ease of installation, environment friendly, versatility, and compliance with numerous building standards.
Within the waterproofing membrane market, roofing and wall will remain the largest application, and it is also expected to witness the highest growth over the forecast period due to increased demand for single ply roofing, growing energy efficient roofing solutions, and the increasing retrofit market in Europe and North America.
Asia Pacific will remain the largest market over the forecast period due to an increase in demand in developing countries, coupled with the growing preference for synthetic waterproofing membrane products in roofing applications.
Emerging trends, which have a direct impact on the dynamics of the waterproofing membrane industry, include increasing use of breathable waterproofing membranes and growing use of eco-friendly materials. Carlisle Companies Inc., Firestone Building Products Company, LLC, Soprema Group, GSE Environmental, BASF SE, The Dow Chemical Company, Johns Manville, Sika AG, and GAF Materials Corporation are among the major manufacturers of waterproofing membranes.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global waterproofing membrane market by application, product type, form, and region. Lucintel has prepared a comprehensive research report entitled
"Global Waterproofing Membrane Market 2022-2027: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global waterproofing membrane market by application, product type, form, and region as follows:
By Application [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
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Roofing & Walls
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Building Structures
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Water and Waste Management
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Tunnels & Landfills
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Others
By Material Type [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
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Modified Bitumen
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PVC
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EPDM
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TPO
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Polyurethane
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Others
By Form [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
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Liquid Applied
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Sheet Based
By Region [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Poland
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Asia-Pacific
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ROW
More than 205 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link …
helpdesk@Lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
