+1-888-308-5802     
News Contact Us

Waterproofing Membranes Market 2019-2024; Growth Forecast & Industry Share Report

Author : Rahul Varpe | Published Date : 2019-06-13 

Global Market Insights add New Waterproofing Membranes Market report provides in-depth information about market overview, top vendors, Key market highlights, product types, market drivers, challenges, trends, industry landscape, size and forecast, five forces analysis, Key leading countries/Region.

In an era where ecological competence has gained a pivotal importance in construction sphere, waterproofing membranes market is set to emerge as one of the most opportunistic business spheres of polymers and advanced materials industry. Pertaining to the growing concerns over environmental degradation and resource limitation, green roofs of late, are claimed to be the most widespread preference in the construction community.

Needless to say, waterproofing membranes are absolutely critical for establishing these types of green roofs. While some are intrinsically impervious, most of these roofs require some kind of treatment to prohibit any kind of water leakage into the building.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/173

Indeed, the inevitable requirement of maintaining building sustainability has provided a significant impetus to global waterproofing membranes market trends. However, it is prudent to mention that in spite of the growing number of policies implemented by emerging economies with regards to building energy performance, the average energy consumption per person in the building sector practically remained unchanged over the past few years.

As a matter of fact, global building related carbon dioxide emission has continued to rise by 1% since 2010. Amidst this slightly distressing scenario, waterproofing membranes industry is sending out waves of anticipation, on grounds of its contribution in reducing the environmental concerns. IEA’s latest report claims that low carbon energy efficient building technologies can ultimately lead to improvement in global energy utilization per capita by at least 10% by 2025.

Regionally, China has emerged to be one of the profitable growth avenues for waterproof membrane market, primarily on account of the increasing infrastructural development and industrialization in the country. The growing infrastructural activities, in consequence, has tremendously upscaled the energy consumption in the China’s building sector, which by extension has generated a massive demand for waterproofing membranes in the region.

Statistics indicate that energy consumption of buildings in China accounts for nearly 15% to 16% of the total energy consumption of the nation. To speak of the product landscape, bitumen membranes, as it is observed, have been gaining a sheer popularity in China market for roofing applications, subject to its excellent adhesion properties and favorable regional governmental norms. As per estimates, China bitumen waterproofing membranes market share from roofing applications is set to exceed USD 250 million by 2024.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/waterproofing-membrane-market

Companies partaking in this moderately consolidated business space are deemed to witness lucrative opportunities over the ensuing years, given the rising preference of green buildings both across developing as well as developed nations. In the face of intense share battle, waterproofing membranes market players have been increasingly joining forces with one another to come up with innovative solutions, in a bid to substantiate their position.

Recently for instance, BASF, one of the leading waterproofing membranes market giants, collaborated with SoloPower Systems, to launch a multi-layered seamless roofing system that would act as an interface between the environment and building. Reportedly, this highly enhanced multi-layered water proofing membrane holds considerable opportunities for cost effective energy saving in buildings.

This breakthrough system, as per reliable sources is comparatively 60% lighter than the conventional roofs, subject to its unique architecture. Backed by a slew of advantages with regards to energy efficiency and environmental viability, this groundbreaking roofing system plausibly would bring a disruption in the waterproofing membranes market.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/173

While speaking of the market’s potential opportunities, it is also imperative to mention that the business space is subject to a string of constraints, fluctuating price trends of raw materials being at the pinnacle. The primary feedstocks for manufacturing these waterproofing membranes are bitumen and polypropylene. As these materials are mostly petroleum based, volatile crude oil price trends leave a somewhat deterring impact on waterproofing membranes market outlook, in terms of overall production cost.

Nonetheless, with regional players making significant investments in product differentiation, both in terms of quality and cost, the industry is forecast to witness appreciable growth over the ensuing years. In terms of commercialization, the overall waterproofing membranes market would exceed a valuation of USD 10.5 billion by 2024.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Self-Compacting Concrete Market for building & construction segment is expected to rise at a CAGR of 5% by 2024

Published Date: 2019-06-18         Author: Rahul Varpe

Global market Insights add Self-Compacting Concrete market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. As per World Oil, there would be an increase of over 27% in explor... Read More

Rubber Coated Fabrics Market is estimated to exceed USD 2 billion by 2024

Published Date: 2019-06-18         Author: Rahul Varpe

Europe coated fabrics market size worth USD 3 billion in 2015, is expected to witness a considerable growth over the period of 2016-2024. Strict government compliances related to worker safety coupled with standardized norms associated with passenger safety are expected to drive the regional growth.... Read More

High Heat (Heat Stabilized) Glass Reinforced Polyamide 66 Market Statistics: 2019-2025 Share by Product, Application & End User

Published Date: 2019-06-17         Author: Rahul Varpe

Electrical is a significant end-user sector in the high heat (heat stabilized) glass reinforced polyamide 66 market as the product finds various applications like lighting parts, terminal blocks, solar cells, connectors, cable glands, switches, insulators etc. Its superior characteristics like high ... Read More

© 2019 Fractovia. All Rights Reserved