The global waterproofing market is projected to witness a growth rate of 5.0% annually from 2023 to 2028, with an anticipated size of US$ 56 billion by 2028, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global waterproofing market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3552/waterproofing-market.html#form
Report Highlights
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Market Size in 2028 (billion US$) |
56 |
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Growth (CAGR) |
5.0% during 2023-2028 |
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Forecast Period |
2023-2028 |
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Trend Period |
2017-2021 |
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Base Year |
2022 |
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Number of Segments Covered |
6 |
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Number of Tables & Graphs |
100+ |
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Country-Level Market Assessment |
20 |
Segment Insights on the Waterproofing Market:
The global waterproofing market is segmented based on material type, product type, application type, end-user type, construction type, and region.
Based on material type – The market is segmented into bitumen, PU, cementitious, EPDM, and others. Bitumen holds supremacy in the global waterproofing market across the major regions. Bitumen membranes are known for their versatility and can be customized to meet specific requirements of surface, climate, and application area. Furthermore, it is a cost-effective solution compared to other waterproofing materials such as PU, EPDM, and TPO, making it a perennial choice of material. In some countries, bitumen accounts for more than 80% share of roof waterproofing.
Based on product type – The market is segmented into sheet membrane, liquid membrane, coatings, and integral. Sheet membranes are expected to maintain their dominance during the forecast period, driven by durability, cost-effectiveness, resistance to aggressive ground conditions as well as UV exposure conditions, and excellent barriers against moisture and water ingress with a typical thickness range of 2mm to 4 mm.
Based on application type – The market is segmented into roofing & walls, building structures, industrial, water & wastewater management, tunnels, and others. The roofing & walls segment dominates the market, driven by factors such as increasing demand for sustainable and eco-friendly exteriors, and government regulations and building codes. The emergence of green roofs, involving the installation of layers of soil and vegetation on the roof surface, leads to improvements in roof insulation and water tightening requirements.
To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest market. This growth outlook is majorly attributed to the following–
Waterproofing Market Drivers:
Some of the key drivers listed in the report are given below.
The waterproofing industry has relatively low capital investment, is less technology-intensive, mature, and easy production process, and has an overall entry threshold, which makes it easier for small and mid-sized companies to enter the industry making it a highly fragmented industry. Increasing concentration on quality structures and the growing construction and infrastructure industries are accelerating the demand for waterproofing materials.
Top 8 Companies in the Waterproofing Market:
Stratview Research has identified the following companies as the top market players (arranged alphabetically).
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth analysis of the Waterproofing Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market segment analysis and forecast |
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Who are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - [email protected]
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About us –
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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