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SAN FRANCISCO , July 5, 2023 /PRNewswire/ -- The global waterproofing membranes market size is likely to reach USD 40.15 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2023 to 2030. Growing advancement in infrastructure and construction activities coupled with a rise in demand for wastewater and water management is expected to drive the market. Bio membranes are expected to witness a high adoption trend in the coming future owing to the increasing product demand in green-building construction. In addition, government support to replace old buildings with new ones is opening new growth avenues for the construction industry, which, in turn, is adding growth to the market. Epdm Pond Liner Accessory
Key Industry Insights & Findings from the report:
Read full market research report, "Waterproofing Membranes Market Size, Share & Trends Analysis Report By Product (Liquid Applied, Sheet (PVC, EPDM)), By Application (Roofing, Building), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.
Waterproofing Membranes Market Growth & Trends
The market is highly dependent upon the dynamic of the raw material supply chain. Although all types of products including cementitious, bituminous, polyurethane, and others are used for manufacturing waterproofing membranes, cementitious liquid applied membrane and bituminous sheet membranes are the most commonly used waterproofing membrane in the market. The industry exhibits several mature players controlling the significant market share. However, increasing competition from a large number of small and local manufacturers from Asia Pacific is expected to increase the market competition. The market players put high stress on using sustainable raw materials to ensure an environmentally friendly image to their clients.
Waterproofing Membranes Market Report Scope
Waterproofing Membranes Market Segmentation
Grand View Research has segmented the global waterproofing membranes market on the basis of product, application, and region
Waterproofing Membranes Market - Product Outlook (Volume, Million Square meters; Revenue, USD Million, 2018 - 2030)
Waterproofing Membranes Market - Application Outlook (Volume, Million Square meters; Revenue, USD Million, 2018 - 2030)
Waterproofing Membranes Market - Regional Outlook (Volume, Million Square meters; Revenue, USD Million, 2018 - 2030)
List of Key Players of Waterproofing Membranes Market
Check out more related studies published by Grand View Research:
Browse through Grand View Research's Green Building Materials Industry Research Reports.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Web: https://www.grandviewresearch.com Grand View Compass | Market Trend Reports Follow Us: LinkedIn | Twitter
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SOURCE Grand View Research, Inc.
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