Bitumen Membranes Market Greater Revenues During The Forecast Period Until 2027

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Bitumen Membranes Market To Reach USD 3.74
Billion By 2027
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Market Summary
Market Size USD 2.56 Billion in 2019, Market
Growth - CAGR of 4.8, Market Trends High
demand from developing nations.
The global Bitumen Membranes Market is expected
to reach USD 3.74 billion by year 2027, at a CAGR
of 4.8. according to a new report by Reports and
Data.

• Further key findings from the report suggest
• Based on the grade, Styrene-Butadiene-Styrene
  generated a revenue of USD 0.81 billion in 2019
  and believed to rise with a CAGR of 4.9 in the
  forecast period as it improves bitumen's
  resistance to chemicals and aging and gives it
  rubber-like properties coupled with the rising
  demand for roll roofing.
• It is expected that the increasing need to
  provide cost-effective solutions for roofing
  applications will influence the growth of the
  bitumen industry over the forecast period.
  Increasing worldwide demand for water-proofing
  solutions is projected to propel growth. It is
  anticipated that the intervention of various
  government policies such as FDI will drive the
  construction industry. The rising practice of
  utilizing paving strategies like micro-surfacing
  on high traffic roads leads to demand for PMB.
• The non-residential application is the major
  contributor to the Bitumen Membranes Market. The
  non-residential sectors of Europe region are the
  major shareholder of the market and held around
  52.2 of the market in the year 2019, due to the
  substantial commodity demand for numerous
  construction ventures such as malls, office
  buildings, educational establishments, hospitals,
  etc. to provide the water-proofing needed for
  walls, terraces, etc.

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Market Summary
Key Players
Jiangsu Changzhou Xinyuan Waterproof Equipment
Factory, Soprema International, Firestone
Building Products Company LLC, Isoltema Group,
Indian Oil Corporation, BASF SE, Johns Manville,
BMI Group, Tiki Tar, and IKO Group, among others.
Segmentation

• Grades Outlook (Volume, Kilo Tons 2017-2027)
  (Revenue, USD Billion 2017-2027)
• Atactic Polypropylene (APP)
• Styrene-Butadiene-Styrene (SBS)
• Styrene-Ethylene-Butadiene-Styrene (SEBS)
• Application Outlook (Volume, Kilo Tons
  2017-2027) (Revenue, USD Billion 2017-2027)
• Residential
• Non-Residential
• Automotive
• Others

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Market Summary

• Product Outlook (Volume, Kilotons 2017-2027,
  Revenue, USD Billion 2017-2027)
• Sheets
• Liquid
• Regional Outlook (Volume, Kilo Tons 2017-2027)
  (Revenue, USD Million 2017-2027)
• North America
• U.S
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• South Korea
• MEA
• Latin America

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The report emphasizes the following key questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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