Liquid Applied Membranes Market Size, Company Revenue Share, Key Drivers, and Trend Analysis, 2021–2028
The global liquid
applied membranes market size is expected to reach USD 29.76
Billion in 2028 and register a revenue CAGR of 6.0% over the forecast period,
according to a latest report by Reports and Data. Market revenue growth is
primarily driven by increasing expenditure and expansion of the construction
sector, especially in developing countries. In emerging countries, government
bodies are increasingly focusing on development of the infrastructure sector.
As liquid applied membranes are easy to apply, have long service life, and high
elasticity, these are exhibiting high demand from the construction industry.
Liquid applied membrane is a fully
bonded, monolithic, and liquid-based coating. It is increasingly utilized for
waterproofing and roofing applications. Ability of this coating to form a rubber-like
elastomeric waterproof membrane after curing is driving its demand. These are
easily applied over many substrates including bitumen, asphalt, and concrete.
Presence of critical points for waterproofing, construction defects, or wear
resulting from snow or rain often lead to the development of leaks in roofs and
terraces. Without proper treatment, these leaks or moisture affects the
interior of buildings. Ability of liquid applied membranes to perform in most
building exterior applications, including new and remedial roofing applications
due to adhesion success with almost all materials and substrates, instant cure
set, and weather proofing capacity is expected to boost revenue growth of the
market.
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Rising applications of liquid applied
membranes in roof restoration projects is projected to drive market growth
during the forecast period. Presence of aging infrastructure and the need to
repair & renovate these infrastructures is also boosting the usage of
liquid applied membranes. Moreover, these membranes provide economical
solutions to almost all roofing and waterproofing/weatherproofing applications.
Key Summary of Regional Analysis and
Competitive Landscape:
The report offers a comprehensive
overview of the competitive landscape of the Liquid Applied Membranes industry.
The competitive landscape includes extensive profiling and overview of prominent
players of the Liquid Applied Membranes industry. The report studies the
following companies in detail: Sika AG,
GCP Applied Technologies, Carlisle Companies Incorporated, Soprema Group, BASF
SE, Mapei, Johns Manville, Saint-Gobain, Henry Company LLC,
Radical Highlights of the Liquid Applied
Membranes Market Report:
For the purpose of this report,
Reports and Data has segmented the global liquid applied membranes market based
on product, application, end-use, and region:
Product Outlook
(Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)
- Bituminous
- Cementitious
- Others
Application
Outlook (Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)
- Building Structures
- Roofing
- Others
End-Use Outlook
(Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)
- Commercial
- Residential
- Others
The report further provides key
insights into the market share held by each product and application in the Liquid
Applied Membranes market. Moreover, it also offers radical information about growth
prospects and patterns. It also provides extensive coverage of the product
consumption of each application and product. The report also provides a pricing
analysis and growth trends for the key segments of the market.
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Along with the basic information, the
report also offers insights into marketing strategies readily adopted by the
key manufacturers for the endorsement of their products. The report offers
significant data pertaining to development trends and market position to offer
deeper insights into targeted clients, brand promotions, and pricing analysis.
The report also sheds light on the supply chains and the changes in the trends
of the upstream raw materials and downstream distributors.
The report explains the market share
and sales volume of each company, along with the key details of the operations
of these companies. The report further offers extensive coverage of their
product portfolio, business expansion plans, gross profit margins, revenue
contribution, investment plans, and financial standings. The report also covers
the strategic alliances observed within these key companies such as mergers and
acquisitions, joint ventures, corporate and government deals, partnerships and
agreements, and brand promotions and product launches.
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Furthermore, the research study gives
additional insights into the companies’ regional presence through extensive
regional analysis. The regional analysis covers the key geographical regions
such as North America, Latin America,
Europe, Asia-Pacific, and the Middle East & Africa. The regional
analysis segment covers details about the market share held by each region
along with the prospective growth opportunities and revenue generation. The
report also offers a projection of the growth rate for each region in the
entirety of the forecast timeline. It also offers a country-wise analysis to
impart a better understanding of the industry.
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