Liquid Applied Membranes Market Set to Achieve $24.6 Billion by 2025

Liquid Applied Membranes Market Set to Achieve $24.6 Billion by 2025
Browse 187 market data tables and 33 figures spread through 176 pages and in-depth TOC on “Liquid Applied Membranes Market”
Liquid Applied Membranes Market by Type (Bituminous, Elastomeric, Cementitious), Application (Roofing, Walls, Building Structures, Roadways), End-Use Industry (Residential, Commercial, Public Infrastructure), And Region

The global liquid applied membranes (LAMs) market size is expected to grow from USD 18.5 billion in 2020 to USD 24.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.8%. The major driving factors are increasing spending on infrastructure development and the growing requirement of water management activities in the APAC region.

Download PDF Brochure: 

The major LAMs vendors include Sika AG (Switzerland), GCP Applied Technologies (US), Carlisle Companies (US), the Soprema Group (France), MAPEI (Italy), Fosroc (UK), BASF (Germany), Tremco (US), Johns Manville (US), RENOLIT (Germany), Alchimica Building Chemicals (Greece), CHRYSO (France), Copernit (Italy), Elmich (Singapore), Firestone Building Products Company (US), GAF (US), Henkel Polybit (Germany), Henry Company (US), IKO (Canada), ISOMAT (Greece), Kemper System (US), Paul Bauder (Germany), Pidilite Industries (India), Saint-Gobain Weber (France), and Siplast (US). These players have adopted various growth strategies, such as investment, expansion, merger, and acquisition, to expand their presence in the LAMs market further. Mergers and acquisitions have been the most dominating strategy adopted by major players from 2017 to 2019, which helped them broaden their production capabilities and customer base.

Sika AG (Switzerland) is working efficiently in the LAMs market, owing to its high growth. The company’s growth strategy is based on investments in growth markets and innovation-driven sectors. In June 2020, the company acquired Modern Waterproofing Group (Cairo, Egypt), a leading manufacturer of bituminous membranes in Egypt. The acquisition strategy has helped Sika to broaden its product portfolio and opened up opportunities for growth in the Egyptian construction market.

Inquiry Before Buying: 

Soprema Group (France) is progressing in the LAMs market by focusing on optimized performance while significantly reducing environmental impact. The company is strategizing its business with the aim of a 65% reduction of the dependence of waterproofing products on petroleum-based materials. Soprema acquired DERBIGUM Americas, the US division of DERBIGUM, a Belgian roofing solutions provider, in August 2018. This acquisition has strengthened the company’s positioning through expanded product offerings along with having local APP-modified bitumen production in the US.

Read Our Trending Press Release Below:

Epoxy Resin Market – Global Forecast to 2028

Retort Packaging Market– Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States