The Global Waterproofing Membrane Market is projected to reach a value of over USD 53.31 billion by 2027 at a CAGR of around 6.8%.
Waterproofing Membranes are thin layer of water tight material applied on surface to prevent content of water. These products prevent water leakage, a degree of strength, impart tear resistance, resistance to differential movement and flexibility which is expected to spur industrial growth. It is used in numbers of applications, including roofs, bathrooms, building foundation and retaining walls, water and sewage treatment plants, parking lots, bridge decks, stadiums, water tanks, and tunnels.
Market Driver:
High-density polyethylene (HDPE) and Low-density polyethylene (LDPE) are widely used waterproofing membrane type in the mining industry, due to the heir strong durability in exhaustive climates. The mining of valuable material such as copper, nickel, gold, cobalt, salt, molybdenum, and others, are expected to create huge market opportunities for the waterproofing membranes. The region where mining are operates are fragile ecosystems. In these situations, waterproofing membrane are adopting easily and can perform under the toughest situation. In the U.S., Brazil, Peru, Chile, and Mexico and some of African countries the mining activities are growing due to the strong demand for the various minerals. Thus, the demand for waterproofing membranes are increasing rapidly the mining application, which is expected to boost the demand for waterproofing membrane market during forecast period.
Market Opportunities:
Construction is one of the widely used waterproofing membrane across the globe. The construction activity comprises the residential construction, bridge construction, roadway paving, and large-scale re-roofing jobs. The increasing these activities has expected to boost demand for waterproofing membrane in the emerging countries such as China, India, Japan and many others. According to Forencis Research, the Chinas construction industry has expected to reach USD 1340.02 billion by 2024, at a CAGR of 7.4%. Thus, the growing construction activities in the developing economies has expected to create the huge market opportunity for waterproofing membrane.
The report on the Waterproofing Membrane market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
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Base Year for Market Calculation |
2020 |
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Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Material, Type, Application, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, and South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Waterproofing Membrane Market, by Material
Waterproofing Membrane Market, by Type
Waterproofing Membrane Market, by Application
Waterproofing Membrane Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE WATERPROOFING MEMBRANE MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
