Waterproofing Membranes Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : Mar 2021 | No. of Pages : 250 Pages | Category : Chemical and Material

The global Waterproofing Membranes market size is expected to be worth around US$ 47.18 billion by 2030, according to a new report by Vision Research Reports.

The global Waterproofing Membranes market size was valued at US$ 20.84 billion in 2020 and is anticipated to grow at a CAGR of 7.10% during forecast period 2021 to 2030.

Growth Factors

The growing advancement in infrastructure and construction activities, coupled with a rise in demand for wastewater and water management, is expected to drive the market.

Adoption of wastewater techniques for water conservation and reuse is increasing owing to the rising demand for portable water resources across the globe. In addition, increasing government support to promote and adopt a wide array of  and water treatment initiatives is expected to boost the demand for the product during the forecast period.

Biomembranes are expected to witness a high adoption trend in the coming future owing to the increasing product demand in green building construction. In addition, government support to replace old buildings with new ones is opening new growth avenues for the construction industry, in turn, adding growth to the overall market.

The market is highly dependent upon the dynamics of the raw material supply chain. Although all types of products including cementitious, bituminous, and polyurethane are used for manufacturing waterproofing membranes, cementitious liquid applied membrane and bituminous sheet membranes are the most commonly used waterproofing membranes in the market.

The industry exhibits several mature players controlling a significant market share. However, increasing competition from a large number of small and local manufacturers from the Asia Pacific region is expected to boost the market competition. The market players put high stress on using sustainable raw materials to ensure an environmentally friendly image to their clients.

Report Highlights

Liquid applied membranes led the market with a revenue share of 63.4% in 2020 owing to the growing awareness regarding the advantages of the product, such as cost-effectiveness and ease of installation. In addition, increasing global infrastructural in terms of water conservation and treatment is expected to rise the demand for the liquid applied membranes during the fore coming period.

Polyurethane liquid applied membranes are expected to grow at the fastest rate of 9.5%, in terms of revenue, during the forecast period. It features uniform thickness making its utilization easy across various applications. These membranes are typically utilized in applications, such as waterproofing of roofs, wet rooms, water and sewage treatment plants, and stadium stands.

Bituminous liquid applied membranes are expected to grow at a significant rate over the projected period. This is attributed to their unique properties, such as high resistance to weathering, aging, and UV radiation, improved flow resistance at high temperatures, and the ability to increase the products’ viability in terms of flexibility at low temperatures.

Polyvinyl chloride (PVC) sheet membranes are likely to witness significant growth over the forecast period owing to their advantages, such as resistance to UV radiation and precipitation. In addition, the product’s ability to withstand heavy loads is expected to offer growth prospects to the market.

The roofing application segment led the market and accounted for more than 31.0% share of the global revenue in 2020. This is attributed to its rising application in the Asia Pacific region for residential housing construction. In addition, demand for sheet membranes for roofs due to high exposure to rainwater and environmental moisture is expected to drive the roofing segment over the next seven years.

The building structures application segment is expected to expand at the fastest growth rate of 8.4%, in terms of revenue, over the forecast period. The growth is attributed due to its high application in building to improve the shelf life and protection at varying temperatures. In addition, increasing use of sheet membranes for flooring application in buildings is expected to offer growth prospects to the segment.

Landfills and tunnels are expected to witness significant growth during the forecast period owing to the rise in demand for cleaning methods in the tunnels. The rising demand for waterproofing membranes in developing countries on account of increasing industrial activities, leading to a rising amount of waste, is expected to drive the segment on a positive note.

The others application segment of waterproofing membranes includes wet rooms, kitchen floors, bathrooms, and areas surrounding the swimming pool. In addition, increasing awareness regarding benefits, such as long-term cost-effectiveness and risk mitigation, associated with the application of waterproofing membranes is expected to add positive growth to the segment.

Asia Pacific dominated the market and accounted for over 32.0% share of the global revenue in 2020 owing to the growing infrastructural developments and rapid industrialization, especially in China and India. In addition, the trend will increase the congestion in the city, which, in turn, will increase the demand for utilities in the domestic application for water requirement, thus adding growth to the market.

The market in North America is expected to grow at a significant rate over the forecast period owing to the rise in construction activities. In addition, rising investment in warehouse construction for the healthcare, retail, and automotive application industries requiring waterproofing solutions is having a positive impact on the industry growth.

The market in Europe is driven by product penetration in advanced countries, such as the U.K., Germany, and France. In addition, the increasing adoption trend of waste management and water conservation demanding liquid applied and sheet membranes in residential buildings is expected to increase the product demand in the region over the forecast period.

Key Players

  • BASF SE

  • Kemper System America, Inc.

  • GAF Materials Corporation

  • Paul Bauder GmbH & Co. KG

  • CICO Technologies Ltd.

  • Fosroc Ltd.

  • GAF Materials Corporation

  • Alchimica Building Chemicals

  • Maris Polymers

  • Isomat S.A.

  • Bayer MaterialScience AG

Market Segmentation

  • Product Outlook 

    • Liquid Applied Membranes

      • Cementitious

      • Bituminous

      • Polyurethane

      • Acrylic

      • Others

    • Sheet Membranes

      • Bituminous

      • Polyvinyl Chloride (PVC)

      • Ethylene Propylene Diene Monomer (EPDM)

      • Others

  • Application Outlook

    • Roofing

    • Walls

    • Building Structures

    • Landfills & Tunnels

    • Others

  • Regional Outlook

    • North America

      • U.S.

    • Europe

      • Germany

      • U.K.

    • 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 2020 and the forecast between 2021 and 2030. 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 2017 to 2030. 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: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

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 (2017-2020) and forecast (2021-2030);
  • 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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