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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