industry, which in turn is triggering the demand for waterproofing membrane in the region. Emerging countries such as India and China will be at the forefront of the growth of the region.
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North America will also be a strong contender in the global arena. The flourishing growth of the construction and mining sectors is the primary factor driving the growth of the region. The Middle East and Africa market is anticipated to hold immense potential. The increasing exploration and production of crude oil are translating into the greater uptake of waterproofing membrane in the region. The growth of Europe can be attributed to the increasing concerns regarding water and waste Management.
Global Waterproofing Membrane Market: Competitive Landscape
Players in the global waterproofing membrane market need to focus on the expansion of product portfolio to ensure sustainable growth. For this, key players are banking on strategies such as mergers and acquisitions and product innovation. Moreover, market participants are pouring hefty funds into research and development activities to stay ahead. The immense potential of the market is encouraging new players to foray into the market. However, stringent government regulations are creating high barriers for new entrants.
Some of the prominent companies operating in the global waterproofing membrane market are Carlisle Companies Inc., The Dow Chemical Company, GAF Materials Corporation, BASF SE, Siplast, Johns Manville, W. R. Meadows Inc., Firestone Building Products Company, Soprema Group, and Sika AG.
Highlights of the report:
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A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players