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The growing incidence of industrialization globally, causing an increase in the need for waterproofing basement, tunnels, roofs, bridges, is driving the demand for the market.
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Waterproofing Membrane Market To Reach USD 62.03 Billion By 2027
Market Summary Market Size – USD 27.61 billion in 2019, Market Growth - CAGR of 10.8%, Market Trends – The increased incidence in industrialization in the APAC developing regions. The Global Waterproofing Membrane market is anticipated to reach USD 62.03 billion by 2027, according to a new report by Reports and Data. The market is expected to be driven by increasing product demand in the water and wastewater systems combined with the growing building and building activities. Further key findings from the report suggest • Owing to factors such as the product's ability to have a superior moisture barrier and improved longevity, flexibility, excellent strength-to-weight ratio and insulation, polyurethane liquid applied membrane is expected to report a CAGR of more than $$% in revenue by 2027 • During the forecast period, the waterproofing membrane market is expected to register a CAGR of over $$%. One of the main factors driving the studied market is increased use in the mining sector. Competition from environmentally sustainable options, though, is expected to curtail the market. • Modified bitumen is also used in roofing, offering superior waterproofing capabilities. They are usually mounted as two-ply systems and are always fully adhered to entirely.
Market Summary Key Players: Dow Chemical Company; Carlisle Companies Inc.; Merck Soprema Group; GSE Environmental; Johns Manville; BASF; Minerals Technology Inc.; GAF Materials Corporation; and CICO Technologies Ltd., among others. Segmentation: Membrane Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027) Cold Liquid-applied Membranes Hot Liquid-applied Membranes Fully Adhered Sheets Loose Laid Sheets Others Raw Material Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027) Modified Bitumen Polyvinyl chloride Thermoplastic Polyolefin Ethylene Propylene Diene Monomer HDPE Avail a Sample to know more about the complete Report @ https://www.reportsanddata.com/sample-enquiry-form/3209
Market Summary Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027) Building Structures Roofing and Walls Tunnel Liners Bridges & Highways Others Regional Outlook for Waterproofing Membrane Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here : @https://www.reportsanddata.com/discount-enquiry-form/3209
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 industry’s growth in the forecast period?
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