Global Liquid Applied Membrane Market, By Product Type (Cementitious, Bituminous, Polyurethane), By Application (Roofing, Walls, Building Structures, Landfills & Tunnels), By End-use (Residential, Commercial, Industrial, Public Infrastructure) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Data Bridge Market Research has announced new latest report” Global Liquid Applied Membrane Market” accounted for USD 15.45 billion in 2016 and is projected to grow at a CAGR of 6.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Liquid Applied Membrane (LAM) is a low viscosity waterproofing membrane which is applied as a liquid coating to horizontal and vertical surfaces. LAM is also considered as a next generation waterproofing chemical and its monolithic, seamless property, and the capability to conform to every configuration.
There is a growing demand for liquid applied membrane in residential, commercial, industrial and public infrastructure industrial activates, which is expected to be one of the major drivers of the market over the next seven years.
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Major Market Drivers and Restraint:
- High demand for energy-efficient buildings
- Booming construction and infrastructure sector
- Growing demand in water and waste management sector
- Superior performance of polyurethane membranes
- Raw materials price volatility
- Lack of awareness regarding construction chemicals
- High cost of polyurethane liquid applied membranes
Major Market Competitors:
Some of the major players in liquid applied membrane market BASF SE, Carlisle Companies Inc., GCP Applied Technologies Inc., Kemper System America Inc., Saint Gobain S.A., Sika AG, Soprema Group, The Dow Chemical Company, Flynn Group of Companies,ARCAT, Inc., Johns Manville, Triton Incorporated, Liquid Applied Membranes Limited, Everlast Group, Henry Company, GAF, Paul Bauder GmbH & Co. KG, Fosroc Ltd., Pidilite Industries Limitedand many more.
On The Basis Of Product Type: - cementitious, bituminous, polyurethane and others.
On The Basis Of Application: - roofing, walls, building structures, landfills & tunnels and others.
On the basis of geography, the liquid applied membrane market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
On the basis of end-user:- residential, commercial, industrial, public infrastructure.
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The global liquid applied membrane market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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