North America to Account for Quarter of Total Market Share Forecast 2019 to 2029 – The Courier

The impact of the COVID-19 outbreak has forced several manufacturers and industries to rethink their operations in order to gradually recover from the losses incurred in the coming years. The organic chemical industry suffered an enormous decline due to the cessation of production and a limited supply of raw materials.

With the vaccination process accelerating in countries such as China, India, US, UK and Germany, manufacturers are gradually moving towards recovery with an improved supply chain and streamlined manufacturing operations.

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Waterproofing membranes are used in a variety of infrastructure such as residential, commercial and government buildings. Emphasis on water conservation and wastewater treatment by governments around the world will further drive the demand for waterproofing membranes during the forecast period (2019 – 2029).

Renovation of existing infrastructure is a driving force behind the increasing demand for waterproofing membranes. Waterproofing of roofs, walls, tunnels and landfills is expected to boost the waterproofing membrane market. Waterproofing membranes can withstand extreme environments, making this an ideal solution for insulating mining tunnels around the world.

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Key Points of Waterproofing Membrane Market Research

  • Roofing uses maximum waterproofing membranes giving this end-use segment a market share of more than 30%.
  • Walls and building structures together account for more than half of the total market share thanks to renovation and upgrade of existing water management systems.
  • Building construction in particular offers rewarding growth opportunities with a convenient growth rate of over 9% over the forecast period.
  • Another trend is the application of watertight membranes in tunnels and landfills. This segment is expected to record robust growth of over 8% over the forecast period.
  • North America will maintain a significant lead in the global waterproofing membrane market, capturing nearly a quarter of the total market share.
  • South Asia & Oceania and East Asia offer rewarding opportunities with impressive growth rates of over 9% respectively.
  • Liquid-applied membranes are expected to grow more than twice by the end of the forecast period.

“Expensive maintenance costs of low-performance waterproofing systems will drive stakeholders to adopt advanced waterproofing membranes. Ease of installation and maintenance of waterproofing membranes will be a driving factor during the forecast period. Due to the versatility of its applications, liquid-applied waterproofing will continue to generate revenue for market players. – Says the Fact.MR analyst

Global Waterproofing Membranes Market: In-depth Assessment on Key Segments

The global waterproofing membrane market is segmented on the basis of application, end use and region.

Application Liquid Applied Membranes

  • cementitious
  • bituminous
  • polyurethane
  • Acrylic
  • Others

Leaf membranes

  • bituminous
  • Polyvinyl Chloride (PVC)
  • Ethylene Propylene Diene Monomer (EPDM)
  • Others
End of use
  • roofing
  • walls
  • Building structure
  • Tunnel and landfills
  • Others
Region
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and Oceania
  • MY

This taxonomy and the detailed toc that has been prepared are confidential and intended only for the person or entity with whom it is shared. Reading, dissemination, distribution or copying to any party other than the addressee(s) is prohibited and prohibited.

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Guide to Efficiency and Cost Effectiveness for Future Demand

Infrastructure development in developing countries will generate continuous demand due to the need for sewage waterproofing and water conservation systems in new constructions. Repair-related applications in developed regions are also expected to create significant demand for waterproofing membranes. The extraction of metals such as gold, copper, nickel, salt, cobalt and molybdenum offers enormous opportunities for the waterproof membrane market. High adaptability and high performance under extreme conditions is the driving factor behind the adoption of mine tunnels and landfills. Major market players invest in product innovation to differentiate their product offerings in a highly competitive market. It is expected that the price and availability of raw materials will act as a brake on further promising growth of the market.

Waterproofing Membrane Market Analysis by Application:

Key findings of the report:

  • Prominent manufacturers, raw material suppliers, equipment suppliers, traders and distributors in the market.
  • In-depth analysis of key market segments, market potential, influential trends and challenges.
  • Critical examination of each player’s strengths, weaknesses, opportunities and threats.
  • Extensive research into the effects of the growth of relevant industries.
  • Accurate data on the future prospects of the during the forecast period.

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