Waterproofing Membranes Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Waterproofing Membranes Market: By Product (Polyvinyl Chloride (PVC), Bitumen, TPO, Ethylene Propylene Diene Monomer (EPDM), and Others), By Application (Building Structures, Tunnels & Landfills, Roofing & Walls, Bridges & Highways, and Others), By Type (Liquid Applied Membranes, and Sheet Based Membranes) and Geography

 

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Report

Description

The waterproofing membranes market is estimated to be valued at USD 21,473.7 Million in 2021, and it is expanded to grow at a significant CAGR of 7.2% over 2022-2028. Manufacturers increasingly obtain green certification for usage in sustainable construction projects such as green roofs and green buildings. Green roofs are any building’s roof structures that are covered in vegetation, either entirely or partially. Green roofs reduce energy expenditures, reduce the urban heat island effect, and reduce stormwater runoff while also removing dangerous air pollutants. The market is growing due to rising demand for residential and commercial spaces and increased investments in the construction of water conservation and wastewater treatment facilities. Focus on the development of hygiene powder coatings is anticipated to create lucrative opportunities for the market players in the waterproofing membranes market. Development of environmentally safe products and strategic collaborations & acquisitions provide lucrative opportunities for the market. Based on product, the bitumen has a significant share of global waterproofing membranes market with a share of 43.7% in 2021 in the global market and projected to grow at 7.5% CAGR over 2022 – 2028 owing to temperature resistant and cost-efficient characteristics. Moreover, bitumen production is economical, and the melting point of bitumen is low.

Recent Market Developments:

In March 2021, Agilent Technologies Inc. announced it has entered into a definitive agreement to acquire Resolution Bioscience Inc., a leader in the development and commercialization of next-generation sequencing (NGS)-based precision oncology solutions. The acquisition complements and expands Agilent’s capabilities in NGS-based cancer diagnostics and provides the company with innovative technology to further serve the needs of the fast-growing precision medicine market.

In July 2021, Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition. With this acquisition, Sika reports that it will become the number-one supplier of green roofs in North America.

Waterproofing Membranes Market

MARKET SUMMARY
-
7.2% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.2%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Waterproofing Membranes Market

  • The waterproofing membranes market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The waterproofing membranes market is segmented based on product, application, type, and geography.
Key Players
  • Soprema Inc.
  • Dow
  • BASF SE
  • Bridgestone Americas, Inc.
  • Carlisle Companies Inc.
Waterproofing Membranes Market

Dynamics

Economic development, expanding urbanization, and industrialization in emerging economies drive up demand for waterproofing membranes. Additionally, increased infrastructure investments are fuelling the demand for waterproofing membranes. Potential health and environmental issues and volatility in raw material prices would inhibit the market.


North-America Got Significant Share

Waterproofing Membranes Market

The waterproofing membranes market is likely to be dominated by North America. The need for waterproof membranes is expected to be fueled by rapid industrialization due to increased construction activities and housing projects. Furthermore, in the region, increasing customer preference for longer-lasting sheet membrane paints boosts the waterproofing membranes market. Due to rising urbanization, industrialization, and building industry expansion, Asia-Pacific accounted for a large share.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Waterproofing Membranes Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The waterproofing membranes market is projected to expand at a CAGR of 7.2% during the forecast period.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

Amcor plc., Promac Engineering Industries Limited., Berry Global Inc., Hatzopoulos asa, Constantia Flexibles


Report

Company Profile

  • RENOLIT SE
  • Johns Manville
  • Sika
  • Soprema Inc.
  • Dow
  • BASF SE
  • Bridgestone Americas, Inc.
  • Carlisle Companies Inc.

Description

The waterproofing membranes market is estimated to be valued at USD 21,473.7 Million in 2021, and it is expanded to grow at a significant CAGR of 7.2% over 2022-2028. Manufacturers increasingly obtain green certification for usage in sustainable construction projects such as green roofs and green buildings. Green roofs are any building’s roof structures that are covered in vegetation, either entirely or partially. Green roofs reduce energy expenditures, reduce the urban heat island effect, and reduce stormwater runoff while also removing dangerous air pollutants. The market is growing due to rising demand for residential and commercial spaces and increased investments in the construction of water conservation and wastewater treatment facilities. Focus on the development of hygiene powder coatings is anticipated to create lucrative opportunities for the market players in the waterproofing membranes market. Development of environmentally safe products and strategic collaborations & acquisitions provide lucrative opportunities for the market. Based on product, the bitumen has a significant share of global waterproofing membranes market with a share of 43.7% in 2021 in the global market and projected to grow at 7.5% CAGR over 2022 – 2028 owing to temperature resistant and cost-efficient characteristics. Moreover, bitumen production is economical, and the melting point of bitumen is low.

Recent Market Developments:

In March 2021, Agilent Technologies Inc. announced it has entered into a definitive agreement to acquire Resolution Bioscience Inc., a leader in the development and commercialization of next-generation sequencing (NGS)-based precision oncology solutions. The acquisition complements and expands Agilent’s capabilities in NGS-based cancer diagnostics and provides the company with innovative technology to further serve the needs of the fast-growing precision medicine market.

In July 2021, Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition. With this acquisition, Sika reports that it will become the number-one supplier of green roofs in North America.

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