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Research report explores the 9.2%CAGR growth of waterproofing membranes market to hit $36.62 billion by 2021

Waterproofing Membranes Market is estimated to reach USD 36.62 billion by 2021, at a CAGR of 9.2%.

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The key drivers for increasing the demand of waterproofing membranes are lightweight nature and durability, growth in end-user segment, and environmental sustainability needs and energy savings. Merger & acquisitions, technological developments & innovations and expansion are identified as key strategies to expand the waterproofing membranes market.

 

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Waste & water management application is estimated to register the highest growth during 2015 and 2021. The high growth is attributed to the increasing population, urbanization, and industrialization, due to which there is increased need for water management activities to optimize the use of water in developing as well as developed countries.

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In 2015, the waste & water management segment accounted for the third largest market share among all applications, in terms of value and volume, followed by Bridges & highways.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (33%); Tier 2 (60%) and Tier 3 (7%) companies were contacted for interviews.

The interviews were conducted with various key people such as C Level (56%), Directors Level (33%) and other (11%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (20%), Europe (20%), Asia-Pacific (20%), Middle East (30%) and South America (10%).

Access copy of Waterproofing Membranes Market by Type (Modified bitumen, PVC, EPDM, TPO, HDPE, LDPE), Application (Roofing & walls, Building Structures, Waste & Water management, Tunnel Liners, Bridges & Highways) and Geography - Forecast to 2021 at www.rnrmarketresearch.com/contacts…ount?rname=393774

Asia-Pacific is the fastest growing market for waterproofing membranes in terms of value and volume in the forecast period. China and India are the two major markets of waterproofing membranes in Asia-Pacific.

The Chinese building & construction industry has the largest share in Asia-Pacific resulting in an increased growth of the market. Also, under building & construction industry, relatively high growth was observed under the commercial building & construction industry, high-end real estate, and energy-saving policies, which are likely to drive the demand for waterproofing membranes in both China and India.

Complete report on Waterproofing Membranes Market spread across 201 pages, profiling 18 companies and supported with 133 tables and 66 figures is now available at

www.rnrmarketresearch.com/waterpro…arket-report.html

 The key companies profiled in this market research report are 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.).

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