DALLAS, June 25, 2015 /PRNewswire/ --
The report "Waterproofing Membranes Market by Type (Modified Bitumen, PVC, TPO, EPDM, HDPE, LDPE), by Application (Roofing & Walls, Building Structures, Waste & Water Management, Tunnel Liners, Bridges & Highways), by region - Trends & forecasts to 2020" published by MarketsandMarkets, The Waterproofing Membranes Market is estimated to witness a CAGR of 8.4% between 2015 and 2020, and is expected to generate a global market size in terms of value of $32,857.8 Million by 2020.
Browse 82 market Tables and 57 Figures spread through 160 Pages and an in-depth TOC on "Waterproofing Membranes Market".
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The market report defines and segments the global waterproofing membranes market with an analysis and forecast of its global market size in terms of volume and value.
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The waterproofing membranes market is estimated to witness a CAGR of 8.4% between 2015 and 2020, and is expected to generate a global market size in terms of value of $32,857.8 Million by 2020. The report also defines driving and restraining factors for the waterproofing membranes market with the analysis of trends, opportunities, burning issues, winning imperatives, strategic benchmarking and challenges. Some of the drivers include impressive growth of construction and water management industry in the Asia-Pacific region, growing demand of waterproofing membranes in mining applications and the cost-effectiveness of waterproofing membranes. There are some opportunities which are expected to change the dynamics of waterproofing membranes industry in the years to come, which include increasing demand of waterproofing membranes materials in major applications including roofing, mining, and waste management and the booming construction industry in the Asia-Pacific region. The market is forecasted on the basis of major regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) in terms of both value and volume. The regional waterproofing membranes market is further segmented on the basis of major applications.
"Asia-Pacific: The Biggest Market of Waterproofing Membranes"
The Asia-Pacific region is the world's largest market of waterproofing membranes with a share of 39.6% in terms of volume in 2013. China is the key consumer of waterproofing membranes in Asia-Pacific. Rising roofing, waste, and water management industry is driving the market in the region. Various merger & acquisitions, product launches, developments, and expansions in different industries have made the region a potential growth market for waterproofing membranes.
"TPO: The Fastest-growing Type; while Roofing & Walls is The Biggest Waterproofing Membranes Application"
TPO waterproofing membranes are the fastest-growing commercial roofing membranes which have gained wide industry acceptance for their performance, and installation advantages at a competitive cost. Some other benefits of TPO, includes its eco-friendly chemistry, recyclability, durability, flexibility, low installation cost, less labor requirement, and exceptional heat resistant properties suitable for energy efficient roofing systems. The roofing & walls application of waterproofing membranes has a wide scope for expansion, which would help in increasing the consumption of waterproofing membranes, globally. Roofing & walls is the biggest waterproofing membrane application which is projected to be worth $12,585.7 Million by 2020.
Carlisle Companies Inc. (U.S.), Firestone Building Products Company, LLC (U.S.), Soprema Group (France), GSE Environmental (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S.), Johns Manville (U.S.), Sika AG (Switzerland), and GAF Materials Corporation (U.S.), are some of the key players that are actively present in the waterproofing membranes market.
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