DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Waterproofing Membranes Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.
The global waterproofing membranes market is expected to grow at a CAGR of 9.2% during the forecasted period 2016-2022.
The global waterproofing membranes market can be segregated on the basis of applications including liquid applied membrane and sheet membrane. In 2014, liquid applied membrane holds the largest market of approx. 60% owing to its cost effectiveness, increasing awareness about liquid applied as well as increasing global infrastructural investment.
Sheet applications are anticipated to grow on account of numerous advantages such as reduced maintenance, low price and enhanced safety properties. Sheet membranes are preferred over liquid applied membranes due to its ability to cover gaps over cracks with higher effectiveness. The sheet membranes are majorly applied to walls, wet rooms, roofs and in various other areas.
Growth in the construction sector is the key driver that is propelling the demand for waterproofing membranes across the globe. The significant growth within the construction industry is being witnessed owing to the increase in infrastructure investment coupled with increasing population which has generated demand for residential buildings.
In Asia Pacific, China is the key consumer for waste management which creates a potential for waterproofing membranes market within the region. However, volatile raw material prices are likely to affect the profitability. Low awareness levels among the contractors related to the quality and right type of construction chemicals for durable structures is expected to act as a challenge in the growth of waterproofing membranes market.
- Basf Se
- Carlisle Companies Inc.
- Chryso S.A.S
- Firestone Building Products Company Llc.
- Flex Roofing Systems
- Fosroc International Limited
- Gaf Materials Corporation
- Gse Environmental
- Iko Industries Ltd.
- Juta A.S.
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Sector Analysis
5. Market Segmentation
6. Geographic Analysis
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/3c57l3/global