Chemicals and Materials Waterproofing Membranes Market Newq | Page 2

The roofing & walls application is projected to lead the waterproofing membranes
market during the forecast period.
The roofing & walls is the largest application of waterproofing membranes. The growth of
the segment is mainly due to the increased protection requirement from moisture and
cracks in ceilings, roofing, and walls, along with an increased need for repair and
maintenance of waterproofing membranes.
APAC is projected to be the largest and fastest growing waterproofing membranes
market during the forecast period.
The APAC region was the largest market for waterproofing membranes, in terms of volume,
in 2016. China is the crucial consumer of waterproofing membranes in APAC. Growing
roofing and waste & water management application segments are driving the demand for
waterproofing membranes in the region. These segments are mainly driven by the
increasing urban population in the region. Merger & acquisition, product launch, and
expansion in different industries have made the region a potential growth market for
waterproofing membranes.
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The key players in the waterproofing membranes market include Carlisle Companies Inc.
(US), Firestone Building Products Company, LLC (US), Soprema Group (France), GSE
Environmental (US), BASF SE (Germany), Dow Chemical Company (US), Johns Manville
(US), Sika AG (Switzerland), and GAF Materials Corporation (US). These players have
established a strong position in the market by adopting strategies such as merger &
acquisition, expansion, and new product launch.
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