Waterproofing Membranes Market Expected to Collect 40.19 Billion USD by 2022
The Waterproofing Membranes Market is projected to reach USD 40.19 billion by 2022, at a CAGR of 9.3%. Asia-Pacific and Europe are the important commercial markets for waterproofing membranes globally. Some of the main primary drivers for waterproofing membranes growth in these regions are impressive growth of the construction and water management industry in the Asia-Pacific region, and the cost-effectiveness of waterproofing membranes.
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Browse 112 market data Tables and 31 Figures spread through 168 Pages and in-depth TOC on "Waterproofing Membranes Market"
Premium Insights of the report:
- Significant Opportunities in the Waterproofing Membranes Market
- Waterproofing Membranes Market By Raw Material Type
- Waterproofing Membranes Market Share, By Region
- Waterproofing Membranes Market, By Application, 2015–2022
- Waterproofing Membranes Market Share, By Application and Region
Waterproofing membranes find applications in building & construction and waste & water management industries in roofing & walls, building structures, liners, mining, and water & wastewater treatment. Waterproofing membranes offer various advantages, such as environmental sustainability, energy savings, light weight, durability, recyclability, easy installation, superior heat resistance, increased flexibility, and excellent environmental resistance. This market intelligence report on waterproofing membranes estimates the market for waterproofing membranes by type, application, and region in terms of both value and volume.
The increasing government investments to improve infrastructure are leading to an increase in the demand for waterproofing membranes. This has encouraged companies to adopt strategies, such as new product launches, expansions, and agreements & contracts to cater the rising demand. Some of the major players in this market are Carlisle Companies Inc. (U.S.), Firestone Building Products Company, LLC (U.S.), and Soprema Group (France).
New product launches, expansions, and agreements were the key strategies adopted by the industry players to achieve growth in the waterproofing membranes market between 2015 and 2017. Besides new product launches and expansions, the companies have adopted joint ventures and acquisitions to expand their market share and distribution network. These strategies also accounted for a significant share of the overall growth strategies adopted by the players in the waterproofing membranes market between 2015 and 2017.
Most active market players in the waterproofing membranes market
SIKA AG (Switzerland) is involved in the development and manufacturing of waterproofing membranes. The company offers its waterproofing products through its waterproofing market segment. It offers different solutions and systems to the waterproofing membrane industry, including waterproofing basement and other concrete structures, waterproofing tunnels, pond pool and tank lining, waterproofing bridge decks, drinking and clean water storage, waterproofing wet rooms, and waterproofing balconies. The company follows expansions and acquisitions as strategies to increase its global market share. The company maintains a strong brand image in the waterproofing membranes market as it provides high-grade products. In 2016, Sika expanded its position in the Middle East by establishing a new national subsidiary in Kuwait. This was its 94th subsidiary globally, and has strengthened its growth strategy to expand the Group's international presence to 100 national subsidiaries by 2018.
Key Target Audience:
- Manufacturers of Waterproofing Membranes
- Traders, Distributors, and Waterproofing Chemicals Suppliers
- Regional Manufacturer Associations and General Waterproofing Membranes Associations
- Government and Regional Agencies and Research Organizations
- Investment Research Firms
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