Waterproofing Membranes Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2020-2027

Published Date : Dec 2020 | No. of Pages : 250 Pages | Category : Chemical and Material

The global Waterproofing Membranes market size is expected to be worth around US$ 44.49 billion by 2027, according to a new report by Vision Research Reports.

The global Waterproofing Membranes market size was valued at US$ 23.20 billion in 2019 and is anticipated to grow at a CAGR of 8.6% during forecast period 2020 to 2027.

Growth Factors

Rising demand for the product in water and wastewater management systems coupled with growing building and construction activities is expected to drive the growth.

Climate change is exerting a negative effect on the geographical distribution of rainfall patterns across the globe. Many governments are focusing on adopting and promoting various modes of water conservation and water treatment. As a result, increasing utilization of waterproofing membranes in water and waste management applications is expected to boost the demand over the forecast period.

Rising preference for green building materials is expected to spur the demand for bio-based waterproofing membranes. Furthermore, increasing government regulations to discourage the production and usage of petroleum-based membranes is anticipated to drive the demand for bio-based waterproofing membranes.

Report Highlights

Liquid applied membrane accounted for 62.8% of the waterproofing membrane market in terms of revenue in 2019. These membranes offer a distinct advantage over traditional waterproofing systems, particularly where seamless systems are desired, which is anticipated to provide a positive scope for market growth over the forecast period.

Polyurethane membranes have a uniform thickness leading to ease of application across industries. These membranes provide a monolithic application with no seams and therefore there are no weaknesses for cracks to form. As a result, the polyurethane liquid applied segment is expected to grow at the highest CAGR of 10.6% over the forecast period.

The bituminous membrane segment led the demand for the sheet membranes with a market share of 43.3% in terms of revenue in 2019. Bituminous Sheet membranes offer high tensile strength and durability compared to other membranes which are expected to have a positive impact on the market growth over the forecast period.

The roofing end-use segment is estimated to account for the largest share in the waterproofing membranes market and is expected to grow at a CAGR of 8.6% over the forecast period. The segment growth can be attributed to a rise in residential housing construction activities in the Asia Pacific, propelled by rising population, rapid urbanization, and strong economic growth.

Building structures is expected to emerge as the fastest-growing end-use segment progressing at a CAGR of 9.3% over the forecast period. In addition, increasing focus on improving the shelf life of the building and protect the structure from varying temperatures is anticipated to positively impact the product demand.

North America region was the second-largest market for waterproofing membranes in 2019 and is expected to grow at a CAGR of 7.5% over the forecast period. The recovery of the construction industry in the U.S. coupled with the rise in construction activities in Canada and Mexico is expected to drive the market growth over the upcoming period.

Asia Pacific region is expected to be the fastest-growing region at a CAGR of 10.4% owing to the rapid industrialization coupled with growing infrastructural developments, especially in China and India. The growing population and urbanization in emerging economies are expected to increase construction activity, thereby propelling market growth.

The market in Brazil is expected to expand at a CAGR of 6.6% over the forecast period. The resumption of a housing subsidies program named Minha Casa Minha Vida is expected to positively impact the product demand. Additionally, the government's decision to use its own land banks to develop housing projects further boosts the market.

Key Players

Sika AG; Pidilite Industries Ltd.; BASF SE; Kemper System America, Inc.; GAF Materials Corporation; Paul Bauder GmbH & Co. KG; CICO Technologies Ltd.; and Fosroc Ltd. 

Market Segmentation

  • Application Outlook

    • Liquid Applied Membranes

      • Cementitious

      • Bituminous

      • Polyurethane

      • Acrylic

      • Other

    • Sheet Membranes

      • Bituminous

      • Polyvinyl Chloride (PVC)

      • Ethylene Propylene Diene Monomer (EPDM)

      • Other

  • End-use Outlook

    • Roofing

    • Walls

    • Building Structure

    • Tunnel & Landfills

    • Other

  • Region Outlook

    • North America

      • The U.S.

    • Europe

      • The U.K.

      • Germany

    • Asia Pacific

      • China

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

The Waterproofing Membranes market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Waterproofing Membranes market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Waterproofing Membranes market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Waterproofing Membranes market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Waterproofing Membranes market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Waterproofing Membranes capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Waterproofing Membranes by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Waterproofing Membranes market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Waterproofing Membranes market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Waterproofing Membranes market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Waterproofing Membranes industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Waterproofing Membranes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Waterproofing Membranes market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Waterproofing Membranes market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Waterproofing Membranes market. These factors have benefited the growth of the global market for Waterproofing Membranes. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Waterproofing Membranes. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Waterproofing Membranes are as follows:

  • Historic Year: 2016-2019
  • Base Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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