Waterproofing Membrane Market size to reach 3.23 billion square meters by 2022: Global Market Insights Inc.

The global waterproofing membrane market share is characterized by integration through raw material supply and through manufacturing stages. Companies such as Pidilite, BASF, and Dow Chemicals are engaged in raw material manufacturing.
Waterproofing Membrane Market Size By Application (Sheet Membrane, Liquid Applied Membrane), By End-Use (Building Structures, Roofing, Walls, Landfills & Tunnels), By Product (Polymers, Polymer Modified Cement, Bitumen), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022
Industry Trends 
Global Waterproofing Membrane Market size is predicted to touch 3.24 billion square meters by end of 2022 and register a CAGR of 6.7% during forecast timeframe. Growing requirement for robust and high quality construction substances is predicted to propel industry expansion in future.
These membranes are extensively utilized in constructing vertical walls, waterproof foundations, structural slabs and slab proofing on parking decks. Construction sector has witnessed technological innovation for waterproofing substances that comprise of integral system and advanced materials. 
Asia construction industry share is predicted to grow up to 46.1% by 2020 from 31.1% in 2005. This growth can be credited to expected 11% decline in European share by end of 2020. Construction sectors in growing economies are predicted to expand at rapid rate as compared to more developed economies. China is predicted to be global leader in construction sector with an expected output of $2.51 trillion by end of 2020.
But, fluctuating raw substances costs of polypropylene and bitumen are predicted to affect industry profit. Low consciousness levels among builders about the quality and accurate use of chemicals for durable construction structures is predicted to inhibit waterproofing membrane market expansion.
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Product Trends 
The industry is segmented into various products like polymer and bitumen. Polymer segment produced highest revenue surpassing $2.51 billion mark for 2014. Polymers like polyvinyl chloride (PVC), thermoplastic polyolefin(TPO), ethylene propylene diene monomer(EPDM) and polyurethane are key substances for waterproofing membrane producers. 
Rising use of polyurethane membrane due to large scale accessibility of raw substances along with its enhanced features including ultra violet resistance, battery resistance and weather resistance is predicted to favorably affect the demand of the segment. Further, these substances are extensively used on ramps, podiums, decks and car parks. 
Bitumen contributed more than 35.1% of the overall industry size for 2014 and is predicted to experience substantial gains with predicted CAGR of more than 6.51% during forecast timeframe. It is produced in two grades which include atactic polypropylene(APP) butadiene and styrene-butadiene-styrene(SBS) bitumen. However, its use is banned in North America as it adversely affects atmosphere. But bitumen is extensively utilized in countries like India and China due to liberal ecological norms. 
Application Trends 
Global industry is segmented into various applications like sheet applications and liquid applied waterproofing membrane applications. Sheet applications contributed greater than 30.1% of overall demand for 2014 and are predicted to experience profit with projected CAGR of more than 6.1% by end of 2022. The segment is predicted to expand as it provides benefits like low maintenance, improved security features and less cost. They are applied to bathrooms, roofs, wet rooms, kitchen floors, walls and balconies. Rising customer choice towards growing shelf life of paint jobs on constructions is predicted to drive industry growth.
Liquid applied waterproofing membrane application segment surpassed $1.31 billion mark for 2014 and is predicted to experience maximum profit by end of 2022. Growing requirement for high performing cost effective water repellants along with growing disposable incomes and increasing spending on infrastructure in emerging economies is predicted to promote the demand. 
End Use Trends
Waterproofing membrane market is segmented into various end user applications like building & construction and roofing. Roofing segment was the biggest end use segment of the industry for 2014 and was evaluated at greater than $1.51 billion during the year.
Building & construction segment contributed more than 20% of overall industry demand for 2014 and is predicted to experience maximum benefits with projected CAGR of more than 7% during forecast timeframe. Waterproofing membranes are applied to enhance building shelf span and protect construction from changing temperatures. 
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Regional Trends 
The industry is segmented into key geographical regions including North America, APAC, Europe, MEA and Latin America. U.S. contributed greater than 20% of overall industry demand for 2014 and is predicted to experience steady gains of more than 5.51% during forecast timeframe. North American industry is predicted to expand due to construction sector recovery in U.S. It is predicted to experience further expansion due to new product launches, new product developments and mergers & acquisitions.
Europe waterproofing membrane market share was maximum for 2014 with revenue output crossing $1.81 billion mark and predicted to expand at normal growth rate. Increasing concerns about waste water management in Europe is predicted to drive industry growth. East Europe region is anticipated to have favorable effect on construction expenditure, with Turkey, Poland and Russia being few of the rapidly emerging nations. 
Competitive Trends 
Key industry players profiled in the report include Kemper System America Incorporation, Sika AG, BASF SE, GAF Materials Corporation, Paul Bauder GmbH & Co. KG, DuPont, Bayer MaterialScience AG, Saint-Gobain Weber GmbH, Fosroc Limited, CICO Technologies Limited, Pidilite Industries Limited, Maris Polymers, Isomat S.A. and Dow Chemical Company.


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