According to a new market report published by Lucintel,
the future of the waterproofing membrane market looks promising with
opportunities in the residential and non-residential construction industries. The
global waterproofing membrane market is expected to reach an estimated $24.2 billion
by 2021 and is forecast to grow at a CAGR of 4.3% from 2016 to 2021. The major growth
drivers for this market are increasing construction activities and cost-effectiveness
of waterproofing membranes.
In this market, bitumen, polyvinyl chloride (PVC),
thermoplastic polyolefin (TPO), polyurethane, and ethylene propylene diene
monomer (EPDM) are the materials used to make the waterproofing membrane.
Lucintel forecasts that bitumen will remain the largest segment due to ease of
availability and lower cost. Lucintel predicts that demand for TPO based water
proofing membrane is likely to experience the highest growth in the forecast
period because of its attractive properties of being eco-friendly and easy to
install; TPO is also lightweight and offers superior heat resistance.
Within the waterproofing membrane market, the
largest application will continue to be roofing and wall; it is also expected
to witness the highest growth over the
forecast period from 2016 to 2021. Over
the forecast period, growth in the roofing and wall applications will likely be
driven by increased demand for single ply roofing, growing energy efficient
roofing solutions, and the increasing retrofit market in Europe and North
America.
Asia Pacific is expected to remain the largest
market and is also expected to witness the highest growth over the forecast
period because of growth in building and construction sectors and the
increasing awareness of maintaining buildings for a longer lifespan.
For business expansion, the report suggests
innovation and new product development to ease of use, to offer low maintenance,
and to be substrate compatible.
Emerging
trends, which have a direct impact on the dynamics of the industry, include increasing
use of breathable waterproofing membrane and growing use of eco-friendly materials.
Sika AG, BASF, Saint-Gobain, Soprema Group, and Firestone Building Products are
among the major suppliers of waterproofing membrane.
Lucintel, a
leading global strategic consulting and market research
firm, has analyzed growth opportunities in the global waterproofing membrane market
by material, application, form, and region. Lucintel has prepared a
comprehensive research report entitled
“Global
Waterproofing Membrane Market 2016-2021: Trends, Forecast, and Opportunity
Analysis.” The Lucintel
report serves as a springboard for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the global waterproofing membrane market by material,
application, form, and region as follows:
By material [Volume (Million Square Meter) and
$M shipment analysis for 2010 – 2021]:
- Bitumen
- PVC
- TPO
- Polyurethane
- EPDM
- Others
By application [Volume (Million Square Meter)
and $M shipment analysis for 2010 – 2021]:
- Roofing & Wall
- Building Structures
- Waste & Water Management
- Landfill & Tunnel
- Others
By form [Volume
(Million Square Meter) and $M shipment analysis for 2010 – 2021]:
- Liquid Applied
- Sheet Based
By region [Volume (Million Square Meter) and
$M shipment analysis for 2010 – 2021]:
- North America
- Europe
- Asia Pacific
- Rest of the World
This
235-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 helpdesk@lucintel.com. Lucintel offerings include Chemical
Market Research Reports, Chemical
Industry Analysis Report, Opportunity Screening
and Analysis, Strategic Growth
Consulting, Capital
Investment Analysis.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers following 11 key questions:
Q.1 What are some of the most promising potential,
high-growth opportunities for the global waterproofing membrane market by material
(bitumen,
PVC, polyurethane, TPO, EPDM, and others),
application (roofing and wall, building structures, water and waste water
management, landfill and tunnel), form (liquid applied and sheet based), and
region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace
and why?
Q.3 Which regions will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to
the market?
Q.6 What are emerging trends in this market
and the reasons behind them?
Q.7 What are some changing demands of
customers in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via material or product substitution?
Q.11 What M & A activities have taken
place in the last 5 years in this market?
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