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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Waterproofing Membranes Market Share
The growth of the waterproofing membranes market is driven by their significant advantages for both roofing and walls. In roofing, these membranes prevent leaks by blocking rain and snow, extend roof lifespan by shielding against severe weather, and boost energy efficiency through better insulation.
For walls, they offer essential moisture protection, reducing mould and structural damage risks, enhancing durability by preventing water-related deterioration, and improving insulation for superior thermal performance. Overall, waterproofing membranes increase the longevity and efficiency of buildings by preventing water damage and enhancing energy efficiency, thereby driving waterproofing membranes demand growth.
Waterproofing Membranes Market Report Snapshots
Waterproofing Membranes Market Size
Waterproofing Membranes Market Growth
Waterproofing Membranes Market Analysis
Waterproofing Membranes Market Share
Waterproofing Membranes Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global market attained a value of nearly USD 25.24 billion.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 45.87 billion by 2032.
The global waterproofing membranes market is assessed to grow at a CAGR of 6.7% between 2024 and 2032.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The major drivers of the market include the increasing demand for the product from the residential and commercial construction sector, rapid urbanisation, and increasing demand for membranes with high tensile strength and corrosion resistance.
The growing research and development activities by the major manufacturers leading to progressive product innovations are likely to be the key trends in the market.
Liquid-applied membranes and sheet membranes are the different segments based on product type.
Roofing, walls, building structures, and tunnels and landfills, among others, are the segmentation of the market based on application.
The competitive landscape consists of BASF SE, Dow Inc., Kemper System America, Inc., Paul Bauder GmbH & Co. KG, GAF Materials Corporation, CICO Technologies Ltd., Sika AG, and Chengdu Sinomaco Materials Technology Co., Ltd, among others.
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