Market Analysis and Insights: Global Elastomeric Membrane Market
The growing need for energy optimisation, growing construction industry across the globe along with prevalence of improved infrastructure, adoption of strict environmental norms and regulations are some of the factors that will likely to enhance the growth of the elastomeric membrane market in the forecast period of 2020-2027. On the other hand, rising investment for the development of infrastructure in developing economies will further boost various opportunities that will lead to the growth of the elastomeric membrane market in the above mentioned forecast period.
Elastomeric membrane market will reach an estimated valuation of USD 57.2 Billion by 2027, while registering this growth at a rate of 6.80% for the forecast period of 2020 to 2027. Elastomeric membrane market report analyses the growth, which is currently being growing due to the increasing residential as well as commercial construction activities in the economy.
Growing number of health issues along with volatility in raw material prices will restrict the growth of the elastomeric membrane market in the above mentioned forecast period. Rising water management activities will become the biggest challenge for the growth of the market.
Competitive Landscape and Elastomeric Membrane Market Share Analysis
The major players covered in the elastomeric membrane market report are Sika AG, Firestone Building Products Company, LLC, Carlisle Coatings & Waterproofing, SOPREMA S.A.S., BASF SE, GCP Applied Technologies Inc, Johns Manville, Kemper System Ltd, Copernit S.p.A., Paul Bauder GmbH & Co. KG, Fosroc products, Henry Company, Derbigum Americas Inc., RENOLIT SE, IKO Industries Ltd.,, MAPEI S.p.A., Pidilite Industries Ltd., 3M, Noble Company, W. R. Meadows, Inc., Tremco Incorporated, Duro-Last, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Elastomeric Membrane Market Country Level Analysis
Elastomeric membrane market is analysed and market size, volume information is provided by country type, end-use industry and application as referenced above.
The countries covered in the elastomeric membrane market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the elastomeric membrane market due to the increasing development of non-residential sector in the U.S. and Canada. Asia-Pacific region is expected to hold the largest growth rate due to the growing urbanization along with rising need of energy efficient building.
Global Elastomeric Membrane Market Scope and Market Size
Elastomeric membrane market is segmented on the basis of type, end-use industry and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, elastomeric membrane market is segmented into elastomeric sheet membrane, and elastomeric liquid applied membrane. Elastomeric sheet membrane has been further segmented into modified bituminous membrane, EPDM, TPO, PVC, and others. Modified bituminous membrane has been further sub segmented into styrene-butadiene-styrene (SBS), and atactic polypropylene (APP). EPDM has been further segmented into black EPDM, and white EPDM. Elastomeric liquid applied membrane has been further segmented into acrylic liquid applied membrane, polyurethane, and others. Others have been further sub segmented into polyurea, Pmma, and others.
Elastomeric membrane market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for elastomeric membrane market includes roofs & walls, wet areas, underground construction, and others. Roofs have been further segmented into sloped roofs, and flat roof. Sloped roofs have been further sub segmented into low slope, high slope, and mansard slope. Walls have been further segmented into exterior, and interior. Wet areas have been further segmented into internal wet room areas, and artificial water bodies. Underground construction has been further segmented as underground structures.
Based on end-use industry, elastomeric membrane market is segmented into residential construction, and non-residential construction. Non-Residential construction has been further segmented into institutional & commercial construction, industrial construction, and public infrastructure.
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