The global waterproofing membrane market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. The growing concern for water management across the globe along with high demand for waterproofing membrane in this process is anticipated to drive the global waterproofing membrance market. With rising global temperature due to global warming, for years, has melted the glaciers to the ocean which has increased the concern for the scarcity of drinking water shortly. As per the World Bank report, some 2.2 billion people around the world don’t have safely accomplished drinking water services, 4.2 billion people don’t have safely accomplished sanitation services, and 3 billion lack basic hand washing services.
As per the report of World Wildlife Fund Inc., by 2025, 1/3 of the world’s population may face water shortages, and ecosystems around the world will suffer even more. This has increased the concern for decreasing environmental pollution and increasing waterman agement to save water which can be seen in the new governmental policies across the globe. For instance, in March 2021, to combat this looming crisis, the Indian Government launched the “Jal Shakti Abhiyan: Catch the Rain campaign”, with the tagline ‘Catch the rain, where it falls, when it falls, on World Water Day, which was detected on March 22, 2021. This program was focused on collecting and conserving rainwater. It was executed from March 22, 2021, to November 30, 2021, covering the pre-monsoon and monsoon periods acrossrural and urban areas in the country. Such programs are essential for humans, and potentially boom the waterproofing membrane market.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Application
- By Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including BASF Corp., Groupe Solmax Inc., IKO Industries, Inc., Sika AG, SOPREMA S.A.S., and others.
Waterproofing Membrane Market Report Segment
By Application
- Waste & Water Management
- Roofing & Walls
- Building Structures
- Bridges & Highways
- Tunnel Liners
- Others
By Type
- Polyvinyl Chloride (PVC)
- Modified Bitumen
- Ethylene Propylene Diene Monomer (EPDM)
- Thermoplastic Polyolefin (TPO)
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Others
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Waterproofing Membrane Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Carlisle Companies & Waterproofing
- CHRYSO S.A.S.
- Dow Chemical Co.
- Firestone Building Products Co., LLC
- Flex Membrane International Corp.
- GAF Materials, LLC
- Johns Manville Corp. (A Berkshire Hathaway Inc. Company)
- Juta, Ltd.
- Laiwu Starring Trading Co., Ltd.
- Renolit SE
- Schluter-Systems, Ltd.
- R. Grace and Co.
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