Global Waterproofing Membrane Industry: Positive Growth Trend Estimated between 2022-2028
Posted On: Sep 2022
According to Value Market Research's published market analysis, the Waterproofing Membrane market is foreseen to register steady growth between 2022 and 2028.Economic growth, rapid urbanisation, and industrialisation in emerging economies are the major factors boosting the waterproofing membranes market. The market is likely to rise due to rising waste and water management industry demand and expanding water conservation infrastructure construction. Rising infrastructure investments in buildings are also driving the demand for waterproofing membranes. Over time, it is anticipated that increasing consumer awareness of the product's benefits and the use of novel materials, such as geomembranes, will further boost demand for the product.
A waterproofing membrane is a thin, continuous coating of water-tight material that prevents water from penetrating it when applied to a surface. These membranes are made up of 2-4 mm thick, thin layers of waterproof material. For instance, in the case of a flat terrace, a waterproofing membrane could be positioned above the structural slab or below the finish tiles. Wet rooms, roofs, sewage treatment facilities, retaining walls, building foundations, and tunnels are a few where waterproofing membranes are used.
The following segments in the market are covered in the report :
Waste & Water Management
The report is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Players Profiled In the Report:
Sika (Switzerland), Tremco (US), BASF (Germany), Soprema (France), GCP applied technologies (US), Fosroc (UK), Mapei (Italy), Carlisle Construction Company (US), Johns Manville (US), and Renolit (Germany).
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