September 29, 2022 20:00 ET | Source: Acumen Research and Consulting Acumen Research and Consulting
BEIJING , Sept. 29, 2022 (GLOBE NEWSWIRE) -- The Global Waterproofing Membranes Market Size accounted for USD 36,213 Million in 2021 and is estimated to achieve a market size of USD 62,587 Million by 2030 growing at a CAGR of 6.4% from 2022 to 2030.
Waterproofing Membranes Market Growth Factors
Request For Free Sample Report @ https://www.acumenresearchandconsulting.com/request-sample/2598
Waterproofing membranes are specifically designed to protect the surface from water leakage, thereby protecting the rest of the infrastructure. The growing use of advanced infrastructure practices around the world, particularly in developing and developed economies, is supporting the market's rapid growth. The major players' continuous concentration on the creation of more advanced solutions for the exceptional protection of buildings, roofs, and other infrastructure that is prone or at risk of water leakage issues.
Waterproofing Membranes Market Business Strategies
Check the detailed table of contents of the report @
https://www.acumenresearchandconsulting.com/table-of-content/waterproofing-membranes-market
The global waterproofing membranes market is divided into product, type, application, and geography segments. Polymers include polyvinyl chloride (PVC), thermoplastic olefin (TPO), ethylene propylene diene monomer (EPDM), polyurethane, and others, bitumen includes styrene butadiene styrene (SBS) and atactic polypropylene (APP), polymer modified cement, and others, make up the market. The market is divided into two types: liquid-applied membranes and sheet-based membranes. Waterproofing membranes are also used in roofing, building structures, roadways, walls, waste and water management, and other areas.
As per our waterproofing membranes market forecast, polymers will account for a significant market share from 2022 to 2030. According to our waterproofing membranes market industry analysis, liquid-applied membranes type accounted for the maximum revenue share in the year 2021. Liquid-applied membrane (LAM) is a monolithic, fully-bonded, liquid-based coating suitable for many waterproofing and roofing applications. The liquid coating is basically formed to create a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. Furthermore, in terms of application, the roofing sub-segment achieved substantial industry shares in 2021 and is expected to continue during the forecasted years.
Waterproofing Membranes Market Regional Growth
North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa comprise the global waterproofing membranes industry. Asia-Pacific leads the market with the highest revenue share (%), and the region is expected to maintain its dominance from 2022 to 2030. Construction activity is rapidly increasing across the region's developing economies as a result of rapid urbanization, rising disposable income, and rising populations. The growing presence of significant players in the region adds to the value of the regional market. Furthermore, the region is expected to grow at the fastest rate during the forecast timeframe of 2022 to 2030.
Buy this premium research report –
https://www.acumenresearchandconsulting.com/buy-now/0/2598
Some of the leading waterproofing membranes companies operating in the industry include Alchimica Building Chemicals, BASF SE, CICO Technologies Ltd., Bayer Material Science AG, Fosroc Ltd., Isomat S.A., GAF Materials Corporation, Maris Polymers, Kemper System America, Inc., and Paul Bauder GmbH & Co. KG. The major players are constantly working to develop efficient and effective solutions.
Questions Answered By This Report
Browse More Research Topic on Chemical Industries:
The Global Expanded Polystyrene (EPS) Market is expected to grow at a CAGR of around 5.2% from 2020 to 2027 and expected to reach the market value of around USD 23.5 Billion by 2027.
The Global Iron Oxide Pigment Market is expected to grow at a CAGR of around 4.5% from 2020 to 2027 and expected to reach the market value of around USD 2,555.5 Million by 2027.
The Global Antimicrobial Coatings Market is expected to grow at a CAGR of around 10.8% from 2020 to 2027 and expected to reach the market value of around USD 6,756.2 Million by 2027.
About Acumen Research and Consulting:
Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
For Latest Update Follow Us on Twitter and, LinkedIn