Liquid applied membranes are gaining popularity owing to longer shelf life and easy to re-apply along with improving overall structure of commercial and residential structure. They can be used in conjunction with high performance materials and polymers to enhance waterproofing of building structures. Rising urban population and increasing residential construction will propel liquid applied membrane demand.
Liquid Applied Membrane Industry Background
Increasing demand of liquid applied membrane for applications in the construction industry for waterproofing and protecting surfaces of roofs, parking decks, wet areas, decorative waterproofing, pedestrian decks, water tanks, basements, below-ground structures, bridges and other structures, toilets, and many other will drive the growth of the market. Furthermore, various initiatives from government to support the construction industry will further boost the market growth of liquid applied membrane.
Liquid Applied Membrane Market COVID-19 Impact
Waterproofing membranes are extensively employed in commercial, residential, and industrial structures, as these protect surfaces from harsh climatic conditions. Macroeconomic factors such as improvement in economic conditions in developing countries, growth in purchasing power, and recovery of Europe from the debt crisis are boosting the consumption of waterproofing membranes. Businesses should also consider sourcing alternative contractors, including those outside China where possible, given that the coronavirus outbreak poses a risk to domestic and international supply chains
Liquid Applied Membrane Market Segmental Highlights
- The report analyses the global liquid applied membrane market based on type, application, construction type and geography.
- Various product studied are segmented into bituminous, elastomeric and cementitious. Cementitious membranes are cement-based, polymer-modified membrane that are breathable, seamless membrane used to provide positive and negative side waterproofing protection on concrete and masonry surfaces. These membranes prevent damage from water infiltration and resist mould and mildew. These are highly flexible and low cost. Increasing use of polymer cementitious membranes for conservative waterproofing is expected to boost its demand
- Furthermore, application studied in the market includes roofing, underground construction, walls and others. Important steps for the protection of bearing and enclosing underground structures are the using of high-quality waterproofing systems. Thus, waterproofing such as liquid applied membrane is witnessing a high demand from these underground construction or structures.
- Additionally, end-user construction type considered in this study includes residential construction, commercial construction, and public infrastructure construction.
- In terms of geography, Asia Pacific dominated the liquid applied membrane market while it is anticipated to grow a highest CAGR over the forecast period. Rigorous government efforts, favourable policy framework and programs along with expanding public infrastructure backed by rise in consumer spending in real estate will act as a key growth promoter towards market growth in this region
Liquid Applied Membrane Market Key Competitor Landscape
The key industry participants operating in this market includes BASF SE (Germany), Carlisle Companies Inc. (U.S), Sika AG (Switzerland), Soprema Group (France), Kemper System America Inc. (U.S), Saint Gobain Weber India (India) , The DOW Chemical Company (U.S), GCP Applied Technologies Inc. (U.S), Johns Manville Corporation (U.S), and Henry Company LLC (U.S) amongst others.
The report analyses the global liquid applied membrane market based on type, application, construction type and geography. Various product studied are segmented into bituminous, elastomeric and cementitious. Furthermore, application studied in the market includes roofing, underground construction, walls and others. Additionally, end-user construction type considered in this study includes residential construction, commercial construction, and public infrastructure construction. The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan, Australia and Rest of Asia Pacific. The Rest of the world includes Latin America and Middle East & Africa.
Why to buy this report:
- The report offers changing market dynamics in the liquid applied membrane market, presenting historical, current and projected market size in terms of volume(million square meters) and value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of liquid applied membrane
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the liquid applied membrane market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of liquid applied membrane market
