Markets Wired

SELBYVILLE, Del.,
September 30, 2019 (Newswire.com) –

​The bitumen waterproofing membrane market segment is projected to record growth at approximately 6.5% during 2019-2024. Despite being banned across a number of high-revenue regional markets like North America due to environmental concerns, this segment is anticipated to record this growth particularly due to its wide-scale use in the APAC, especially China and India.

The Global Market Insights, Inc. estimate suggests that the global waterproofing membrane market would clock in a valuation of more than USD 12 billion by 2024. Driven by the construction industry’s expansion and the presence of high impetus for new product development, the global waterproofing membranes market share is set to witness increased demand in coming years.

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Waterproofing membranes are extensively used during construction, particularly during the designing and installation of kitchens, laundries and bathrooms. Demand for waterproofing membranes in construction is slated to increase in coming years owing to high raw material availability and product properties such as UV resistance, fluid permeability and flexibility.

Additionally, increasing government-sponsored initiatives towards infrastructural development in APAC countries such as China, Japan, Thailand, Indonesia, Malaysia, and India would fuel the waterproofing membranes market outlook.

Meanwhile, a number of manufacturing firms are initiating their own technology innovation efforts with the intention of delivering better overall concrete protection, planning and cost reduction through development of new products, further stimulating waterproofing membranes industry trends over the forecast period.

Through a regional frame of reference, the APAC waterproofing membranes market is expected to record momentous gains during the forecast timeframe. China, particularly, would be showcasing distinguished growth. China’s construction spending is projected to surpass $2.5 trillion during the forecast time period.

Browse key industry insights spread across 440 pages with 480 market data tables & 52 figures & charts from the report, “Waterproofing Membranes Market Size By Application (Sheet Membranes, Liquid Applied Membranes), By End-Use (Building Structures, Roofing, Walls, Landfills & Tunnels), By Product (Polymers {PVC, TPO, EPDM, Polyurethane}, Bitumen {SBS, APP}, Polymer Modified Cement), Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, Spain, Austria, Luxembourg, Belgium, Netherlands, Czech Republic, Poland, China, India, Japan, Taiwan, Indonesia, Malaysia, Thailand, Australia, South Korea, Singapore, Philippines, Vietnam, Brazil, Saudi Arabia, South Africa), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024,” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/waterproofing-membrane-market

The initiation of the Chinese government’s 12th Five Year Plan of Civil Aviation Administration of China, which is driving the expansion of 16 airports as well as construction of over 56 airports with a total investment of approximately $68.5 billion, is further creating ample growth opportunities for the APAC waterproofing membranes market.

The Europe waterproofing membranes market size may also be experiencing commendable growth. In 2015, the Germany waterproofing membranes industry generated more than $450 million in revenues.

Under its increasingly environmentally friendly stance, the European Commission has unveiled favorable prices that govern the production of natural, eco-friendly polymer products like biopolymers, allowing prominent industry players a way to adhere to the region’s environmental regulations and bring in revenue growth.

From an application perspective, the liquid applied segment of the waterproofing membranes market would witness an increase in demand. In 2015, the liquid applied segment was valued at over $4 billion. Liquid applied is highly suited for roofing applications owing to the product’s strength, durability, and elongation properties when exposed to external weather conditions.

Liquid applied products are typically used in roofing applications as an alternative to prefabricated sheets. The preference of the product in this application is because it offers flexibility during roof coating, especially in the case of structural designs that are more complex.

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Partial Chapters from the Table of Contents:

Chapter 3    Waterproofing Membrane Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013 – 2024

3.3    Industry ecosystem

3.3.1    Vendor matrix

3.3.2    Distribution channel analysis

3.3.2.1    Collaboration/partnership

3.3.2.2    Joint venture

3.3.2.3    Distributor

3.4    Raw material trends

3.4.1    Bitumen

3.4.2    Polypropylene

3.4.2.1    Propylene/polypropylene

3.5    Technology landscape

3.5.1    Process for manufacturing a waterproofing membrane

3.5.2    Manufacturing of PVC waterproofing membranes

3.5.2.1    Co-extrusion

3.5.2.2    Caste Spreading

3.6    Polyurethane liquid membranes technology overview

3.6.1    α Technology

3.6.2    Liquid-applied membrane with moisture triggered polyurethane technology

3.6.3    Rapid-curing resin technology

3.6.4    Solvent-free and “Odor-free” technology for concrete surfaces

3.6.5    Liquid cold applied membranes

3.6.6    Manufacturing of EPDM waterproofing membrane

3.6.7    Manufacturing of Bituminous waterproofing membrane

3.6.8    Manufacturing of TPO waterproofing membrane

3.6.9    Product benchmarking

3.7    Pricing analysis

3.7.1    Bitumen

3.7.2    Polymers

3.7.2.1    Polyvinyl chloride (PVC)

3.7.2.2    Thermoplastic polyolefin (TPO)

3.7.2.3    Ethylene Propylene Diene Terpolymer (EPDM)

3.7.2.4    Polyurethane

3.7.2.5    Other polymers

3.7.3    Polymer modified cement

3.7.4    Others

3.8    Regulatory landscape

3.8.1    Europe

3.8.1.1    UK

3.8.2    North America

3.8.2.1    U.S.

3.8.3    Asia Pacific

3.8.3.1    China

3.8.4    India

3.8.4.1    Bureau of Indian Standards

3.8.5    Japan

3.8.6    Taiwan

3.8.7    Malaysia

3.8.8    Singapore

3.8.9    Australia

3.9    Industry impact forces

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3.9.1    Growth Drivers

3.9.1.1    Asia Pacific: Growth in the construction industry

3.9.1.2    North America: Increasing concerns towards waste & wastewater management

3.9.1.3    Europe: Cost effective solutions delivered from waterproofing membranes

3.9.2    Industry pitfalls & challenges-

3.9.2.1    Deficiency in detailing and improper installation

3.9.2.2    Lack of superior quality substrate preparation

3.10    Growth potential analysis, 2017

3.10.1    Emerging business models

3.10.1.1    Product Launch

3.10.1.2    Acquisitions

3.11    Porter’s analysis

3.12    Competitive landscape, 2017

3.12.1    Strategy dashboard

3.13    PESTEL analysis

Browse Related Report:

1.      Geosynthetics Market Forecast, 2019-2024

As per Global Market Insights, Inc. in terms of commercialization, the global geosynthetics market size is slated to exceed a valuation of USD 12 billion by 2024. The commercial production of geosynthetics involves raw materials like PVC, polyethylene, polypropylene, EPDM, and Polyester. Thus, it is quite conspicuous that any fluctuations in the price trend of these intermediates would have a direct impact on the revenue graph of the geosynthetics industry on account of their extensive demand from other burgeoning domains.

https://www.gminsights.com/industry-analysis/geosynthetics-market

2.      Bitumen Membranes Market Growth, 2109-2025

Rapidly evolving trends in urbanization along with rising preference towards better-quality infrastructure will boost the bitumen membranes market share over the analysis timeframe. These materials have experienced increased demand from the building & construction segment owing to various advantages, including superior rust proofing and water resistance. The global market is projected to reach annual valuations of over USD 3.5 billion by 2025.

https://www.gminsights.com/industry-analysis/bitumen-membranes-market

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Source: Global Market Insights, Inc.