Waterproofing Membranes Market Update, Analysis, Forecast, 2019 – 2024

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Waterproofing Membranes Market to accrue
commendable proceeds over 2019-2024
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Global Market Scenario of Waterproofing Membranes
Industry

• According to estimates by a Global Market
  Insights, Inc. report, the global waterproofing
  membranes market size is expected to exceed 12
  billion over 2024.
• Residential construction trends are proliferating
  rapidly in recent times, against the backdrop of
  growing migration to cities, impelling
  waterproofing membranes market size. The surge in
  infrastructure investments in tandem with rising
  household incomes are also likely to contribute
  heavily to the waterproofing membranes industry
  growth, particularly in the liquid applied
  membrane segment.
• Emerging trends in the liquid applied membrane
  application sector will proliferate the
  development of public infrastructure, given the
  products extensive use in development of
  bridges, tunnels, tanks, buildings and other
  underground construction activities.
• Furthermore, higher spending on RD activities
  and technical progressions will augment product
  development and mitigate manufacturing costs.
  Industry expansion is further bolstered by the
  products myriad advantages including durability,
  heat resistance and energy-efficiency, among
  others.

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• In the construction landscape, membranes and
  coatings are widely applied to prevent contact of
  the concrete with corrosive substances and water.
  These products are used largely in order to avoid
  leaks in reservoirs, tanks and dams.
• Stringent regulatory mandates pertaining to MSW
  management and effective implementation will
  facilitate a transformation in the solid waste
  management sector and are expected to fuel
  waterproofing membranes market outlook in the
  years to come.
• Considering the product spectrum, the PVC segment
  is poised to generate a remuneration of over 865
  million over 2024. PVC membranes demonstrate
  significant potential in various applications
  like flooring, roofing, waterproofing sheets,
  siding and protective layering.
• These membranes have gained high prominence
  owing to beneficial characteristics like less
  stiffness, high tensile strength, high elongation
  and water resistance.

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360 Industry Analysis

• In the U.S region, the waterproofing membranes
  industry share from the landfills and tunnel
  application garnered revenue of over 70 million
  in 2017. Rising government expenditure on public
  infrastructural developments like tunnels,
  bridges, institutes and manufacturing plants
  asserts a significantly positive influence on the
  waterproofing membranes market forecast.
• The waterproofing membranes market in Germany
  from the polymers product segment held over 35
  share in 2018, ascribed to the mounting
  construction investments in the region, given the
  upsurge in population. This population rise is
  spurring the development of construction and
  wastewater management in the region, thereby
  promoting product demand.
• In China, the industry demand from the building
  infrastructure segment held remuneration of over
  160 million in 2017. This regional growth can be
  attributed to proliferation government investment
  in the construction of residential and
  non-residential establishments, along with a
  considerable increase in competition.
•  

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• Competitive Analysis
• Some of the key players in the industry are
  Carlisle Companies, Inc., Asia Mortar, EP Borneo
  Sdn Bhd., Tremco, Inc., Fair Mate, Polymer
  Technologies Pte. Ltd., Pentens Ind. Corp.,
  Oriental Yuhong, Kangnam Chemical Co. Pvt. Ltd.,
  Samhwa Paints Industrial Co. Ltd., KCC
  Corporation, Dyflex HD Co. Ltd., Maris Polymer,
  Uniseal, Inter Aneka Lestari Kimia, PT, BASF SE,
  Covestro (Bayer AG), Dow Chemical Company, Fosroc
  Ltd., Pidilite Industries Ltd., Sika AG

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