DUBLIN, April 8, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Liquid Applied Membranes Market - by Type (Elastomeric, Bituminous, and Cementitious), by End-Use Industry (Residential Construction, Commercial Construction, and Public Infrastructure) and by Region - Global Forecast To 2020" report to their offering.
The global liquid applied membranes market size, in terms of value, is projected to reach USD 11,244.0 Million by 2020, at a CAGR of 7.2% between 2015 and 2020
Growing construction industry of the Asia-Pacific region, rising demand of energy efficient buildings, and continuous expansion and merger & acquisition activities undertaken by companies are the key factors driving the growth of the global liquid applied membranes market.
Acrylic membranes and polyurethane membranes are the two most common elastomeric membranes used globally. Elastomeric membranes are projected to be the fastest-growing type of liquid applied membranes between 2015 and 2020. The high growth is due to growing manufacturers and end-users preference toward high quality liquid applied membranes in commercial building industry due to their low installation costs, low labor requirement, and exceptional heat-resistant and waterproofing properties.
Currently, Asia-Pacific is the largest market for liquid applied membranes, accounting for more than one-third of the global market size, by volume, in 2014. Among all the countries, China dominated the liquid applied membranes market in 2014, closely followed by the U.S. Although India has emerged as one of the key markets for liquid applied membranes, the market is still relatively unexplored and is expected to show high growth in near future. With growing population and urbanization the need for residential, commercial and industrial buildings will increase, which will drive the consumption of liquid applied membranes in the country.
Though the liquid applied membranes market is growing at a significant growth rate, few factors hinder the growth of the market globally. High application cost of elastomeric membranes and slow growth of construction sector in Europe are some of restraints which are hindering the growth of liquid applied membranes market.
BASF SE (Germany), Carlisle Companies Inc. (U.S.), Henry Company LLC (U.S), John Manville (U.S.), Kemper System Inc. (U.S.), Pidilite Industries Ltd. (India), Saint Gobain (France), Sika AG (Switzerland), Soprema Group (France), The Dow Chemical Company (U.S.), and W.R Grace and Company (U.S)., are some of the dominant market players in the global liquid applied membranes market.
The diverse product portfolio and strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are the few factors that are responsible for strengthening the market position of these companies in the market. These companies have been adopting various organic and inorganic growth strategies such as expansion, merger & acquisition, partnership, new product launch & product development to enhance their current market share.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Liquid Applied Membrane Market, By Type
8 Liquid Applied Membrane Market, By End-Use
10 Competitive Landscape
11 Company Profiles
- Base SE
- Carlisle Companies Inc.
- Henry Company LLC
- Johns Manville Corporation
- Kemper System Inc.
- Pidilite Industries
- Saint Gobain
- Sika AG
- Soprema Group
- W.R. Grace & Co
For more information visit http://www.researchandmarkets.com/research/lpk3nf/liquid_applied
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SOURCE Research and Markets