Global Liquid Applied Membrane Market for Construction Industry 2017-2021
About Liquid Applied Membrane for the Construction Industry
Waterproofing is crucial in any construction as water can damage the concrete and corrode the internal iron scaffolds, thereby posing a threat to the construction's integrity and safety. Waterproofing systems are a mixture of materials used to prevent the seepage of water into the structural elements of a building or its closed spaces, such as roofs, foundations walls, buildings, basements, and other structures. Various types of membranes are used to protect constructions, and the application of these membranes is dependent on many factors, including the type of construction process and the utility of the structure.
Technavio’s analysts forecast the global liquid applied membrane market for the construction industry to grow at a CAGR of 6.41% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global liquid applied membrane market for the construction industry market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of liquid applied membranes.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Liquid Applied Membrane Market for the Construction Industry 2017-2021
Technavio recognizes the following companies as the key players in the global liquid applied membrane market for the construction industry: BASF, Saint-Gobain, Sika, SOPREMA Group, and The Dow Chemical Company
Other Prominent Vendors in the market are: Carlisle Companies, GCP Applied Technologies, Henry Company, Johns Manville, and Kemper System America
Commenting on the report, an analyst from Technavio’s team said: “Although crystalline waterproofing technology has been in the market for a long time, it is still deemed an advanced technology. This is because the construction industry has recently accepted it as a superior alternative to conventional liquid waterproofing membranes. Crystalline waterproofing practices rely on a technology that turns porous concrete into an impermeable barrier. The resultant is a structure with reduced cracking, self-sealing, and waterproofing abilities, which provides protection against water damage and subsequent corrosion of reinforced steel. Unlike sheet membranes, which rely on an additional barrier to shield the concrete from moisture, crystalline waterproofing system transforms the concrete into a water-resistant barrier.”
According to the report, urbanization requires adequate residential and commercial infrastructure. The rapid growth in urbanization over the last few decades has led to the construction of tall structures and skyscrapers around the world, especially in emerging economies.
Further, the report states that bitumen and polypropylene are mainly used for manufacturing membranes. These raw materials are derived from petroleum products. They are also subjected to significant regulations regarding production, processing, and sales. Growing regulations to reduce greenhouse gas (GHG) emissions are anticipated to increase the price volatility of petroleum, increase energy costs, and reduce petroleum production levels, which could impact the prices of these raw materials.
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BASF, Saint-Gobain, Sika, SOPREMA Group, The Dow Chemical Company, Carlisle Companies, GCP Applied Technologies, Henry Company, Johns Manville, and Kemper System America
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