Waterproofing Membranes Market to Soar at a CAGR of 9.2% to 2021 Led by Waste & Water Management Application
The worldwide waterproofing membranes market is estimated to reach USD 36.62 billion by 2021, at a CAGR of 9.2% driven by Improving economics and quality of construction and rising demand from Asia-Pacific while waste & water management one of the fastest-growing applications of waterproofing membranes
Pune, India – June 30, 2016 /MarketersMedia/ —
The key drivers for increasing the demand of waterproofing membranes are lightweight nature and durability, growth in end-user segment, and environmental sustainability needs and energy savings. Rising demand from developing nations is further pushing the market of waterproofing membranes in different potential applications including roofing & water management applications. Merger & acquisitions, technological developments & innovations and expansion are identified as key strategies to expand the waterproofing membranes market.
Complete report on global waterproofing membranes market spread across 201 pages, profiling 18 companies and supported with 133 tables and 66 figures is now available http://www.rnrmarketresearch.com/waterproofing-membrane-market-by-type-modified-bitumen-pvc-tpo-epdm-hdpe-ldpe-by-application-roofing-walls-building-structures-waste-water-management-tunnel-liners-bridges-highways-by-region-trends-forecasts-to-2020-market-report.html .
Waste & water management application is estimated to register the highest growth during 2015 and 2021. The high growth is attributed to the increasing population, urbanization, and industrialization, due to which there is increased need for water management activities to optimize the use of water in developing as well as developed countries. In 2015, the waste & water management segment accounted for the third largest market share among all applications, in terms of value and volume, followed by Bridges & highways.
Asia-Pacific is the fastest growing market for waterproofing membranes in terms of value and volume in the forecast period. China and India are the two major markets of waterproofing membranes in Asia-Pacific. The Chinese building & construction industry has the largest share in Asia-Pacific resulting in an increased growth of the market. Also, under building & construction industry, relatively high growth was observed under the commercial building & construction industry, high-end real estate, and energy-saving policies, which are likely to drive the demand for waterproofing membranes in both China and India.
The key companies profiled in this market research report are Carlisle Companies Inc. (U.S.), Firestone Building Products Company, LLC (U.S.), Soprema Group (France), GSE Environmental (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S.), Johns Manville (U.S.), Sika AG (Switzerland), and GAF Materials Corporation (U.S.). Get a discounted price of the copy of Waterproofing Membranes Market by Type (Modified bitumen, PVC, EPDM, TPO, HDPE, LDPE), Application (Roofing & walls, Building Structures, Waste & Water management, Tunnel Liners, Bridges & Highways) and Geography – Forecast to 2021 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=393774 .
In the process of determining and verifying, the global fiber cement market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (33%), Tier 2 (60%) and Tier 3 (7%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C level (56%), Director Level (33%) and others (11%) from various key organizations operating in the global waterproofing membranes market. The primary interviews were conducted worldwide covering regions such as North America (20%), Europe (20%), APAC (20%), Middle East (30%) and South America (10%).
On a related note, another research on Medical Membranes Market Trends & Forecast to 2020 says, Growing healthcare and pharmaceutical industries are driving the demand of medical membranes. Hemodialysis is the fastest-growing application for medical membranes. Asia-Pacific is the fastest-growing medical membranes market. The global market is projected to reach USD 7.4 billion by 2020, registering a CAGR of 9.9% between 2015 and 2020. Companies like 3M International (U.S.), MANN+HUMMELL GMBH (Germany), and Asahi Kasei Corporation (Japan) have been profiled in this 128 pages research report available at http://www.rnrmarketresearch.com/medical-membranes-market-by-chemistry-ptfe-pvdf-pe-modified-acrylics-and-others-by-technology-ultrafiltration-microfiltration-reverse-osmosis-dialysis-gas-separation-others-by-applicatio-market-report.html .
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