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© 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Waterproofing Membranes Market growth drivers in 2016 & Challenges by 2024
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Global Market Scenario of Waterproofing Membrane Industry Waterproofing Membrane Market size is set to exceed USD 10.5 billion at the end of 2024; according to a new research report by Global Market Insights, Inc. Positive outlook towards durable material usage in construction should drive industry growth. These products are widely used in installing and designing kitchens, laundries, and bathrooms. Raw material availability along with properties such as reduction in fluid permeability, UV resistance, and flexibility should enhance product demand. Increasing government initiatives for infrastructural spending in Japan, China, India, Thailand, Malaysia, and Indonesia should drive product demand. Manufacturing companies are initiating technology innovation for new product development to provide better planning, overall concrete protection, and cost reduction, which further stimulate industry growth. Polymer waterproofing membrane market size should generate over USD 5 billion in business by 2024. These are applied to prevent water migration and treat porous surface through seams or substrates. EPDM, TPO, PVC, and polyurethane are widely used in building structures and walls & roofing process. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Rising TPO application scope in commercial roofing systems owing to low cost, ease of installation, flexibility, recyclability should drive polymer based product demand. Polypropylene and bitumen are key raw materials used for manufacturing process. Volatile crude oil costs along with raw material unavailability may hinder the industry profitability. These raw materials will have tight supply dynamics and affect waterproofing membrane market price trend. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Request Sample Copy of This Research Report@ https://www.gminsights.com/request-sample/detail/173 https://www.gminsights.com/request-sample/detail/173
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Increasing applications scope for PU based liquid waterproofing membrane for end-use applications such as roofs, wet area, decorative waterproofing and parking decks should favor product demand. Polyurethanes are widely used in industry on due to ease of application and uniformity should favor polymer market growth demand. Sheet waterproofing membrane market size should witness steady gains and surpass USD 3 billion by 2024. They are applied to roofs, kitchen floors, walls, balconies, bathrooms and wet rooms due to its low cost, safety and low maintenance properties. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Request for customization: https://www.gminsights.com/roc/173
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Regional Analysis: China bitumen membrane market size from roofing applications is set to exceed USD 250 million at the end of forecast period. Atactic polypropylene (APP) butadiene and SBS bitumen are used for sealing purposes in construction buildings. U.S. waterproofing membrane market should witness significant gains over the foreseeable future. Increasing concern towards water and waste management should drive regional industry growth. UK waterproofing membrane market size should witness significant gains. Favorable government regulations on account of increasing infrastructure development should stimulate regional growth. Competitive Analysis: Global waterproofing membrane market share is fragmented. BASF, Sika AG, Pidilite Industries, and Paul Bauder are key notable companies. Other industrial participants include DuPont, Dow, CICO Technologies, Kemper System, Fosroc, and GAF Materials. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/173 https://www.gminsights.com/inquiry-before-buying/173
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Latest Research Report On Waterproofing Membrane Market@ https://www.gminsights.com/industry-analysis/waterproofing-membrane-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/173 https://www.gminsights.com/request-sample/detail/173 Request for customization: https://www.gminsights.com/roc/173 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…! © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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