Waterproofing is a mixture of materials used to dodge water intrusion into structural elements of the building. Its foremost purpose is to hold hydrostatic pressure applied by moisture in liquid state. The waterproofing membranes contain rubber, waterproof plastic, or coated-fabric materials. Waterproofing materials are used to prevent ingress of water into walls, buildings, roofs, structures, and foundations when correctly installed.
The global waterproofing membranes market report has been segmented on the basis of type, application, and region.
On the basis of type, the global waterproofing membranes market has been segmented into modified bitumen, polyvinyl chloride (PVC), ethylene propylene diene monomer (EPDM), thermoplastic polyolefin (TPO), high-density polyethylene (HDPE), and low-density polyethylene (LDPE). The high-density polyethylene (HDPE) segment is projected to account for largest share in terms of revenue in the global waterproofing membranes market, owing to its efficient water treatment, waste management, and wastewater treatment with excellent water resistance properties.
On the basis of application, the global waterproofing membranes market has been segmented into roofing and walls, building structures, waste and water management, tunnels and landfills, and bridges and highways. The roofing and walls segment is projected to account for major share in the global waterproofing membranes market in terms of revenue, owing to increasing complexity in infrastructural design with increased focus on leakage protection has given led to huge demand for waterproofing membranes product.
On the basis of region, the global waterproofing membranes market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Asia Pacific market is estimated to hold largest revenue share in the global waterproofing membranes market in 2017. In addition, Asia Pacific waterproofing membranes market has also been expected to register fastest growth in terms of revenue in next five years, owing to increasing urbanization and population in countries in this region.
Key players operating in the global market include Sika AG, The DOW Chemical Company, Firestone Building Products Company LLC., Soprema Group, Fosroc International Limited, GAF Materials Corporation, Solmax International Inc., Carlisle Companies Inc., Johns Manville, and Renolit SE.