Chemicals and Materials Waterproofing Membranes Market Newq
The report "Waterproofing Membranes Market by Raw Material Type (Modified
Bitumen, PVC, EPDM, TPO, HDPE, LDPE), Application (Roofing & Walls, Building
Structures, Waste & Water Management, Tunnel Liners, Bridges & Highways) - Global
Forecast to 2027", The market is driven by the growing building & construction industry
and the need to improve the quality of construction. Emerging and developed economies
across the globe are carrying out infrastructure developments such as roadways, railroads,
and river banking protection projects to sustain economic growth. These civil construction
projects boost the consumption of waterproofing membranes, which are commonly
accepted as durable and long-lasting products. Waterproofing Membranes Market is
estimated to grow from USD 25.80 billion in 2017 to USD 62.69 billion by 2027, at a CAGR of
9.3%.
Browse 112 market data Tables and 31 Figures spread through 167 Pages and in-depth
TOC on "Waterproofing Membranes Market”
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The TPO segment is projected to register the highest CAGR in the waterproofing
membranes market during the forecast period.
Based on raw material type, thermoplastic olefin (TPO) is the fastest-growing segment of
the market. TPO has garnered industry-wide acceptance due to its performance and
installation advantages at an economical price. Some other benefits of TPO include its
recyclability, durability, flexibility, low installation cost, less labor requirement, and
exceptional heat resistant properties suitable for energy-efficient roofing systems.