Sellbyville, Delaware, Nov. 27, 2019 (GLOBE NEWSWIRE) —
According to a growth analysis by Global Market Insights, Inc., the Asia Pacific waterproofing membrane market is slated to reach USD 3.4 billion by 2025. The increasing government investment for commercial construction projects along with significant technological advancement in the construction industry is driving the market demand.
Significant population growth, increasing urbanization and substantial infrastructure development in China and India should create numerous opportunities for the market growth. Increase in the working population has led to growing requirement for durable & high strength public infrastructure such as airports, bridges, industries and institutions which is the major contributing factor for construction market growth in the region.
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Some major findings of the Asia Pacific waterproofing membranes market report include:
- The market demand for polyacrylic waterproofing membranes is increasing in Asia Pacific on account of benefits associated with the products such as protection of walls & terraces, strength, preservation and crack sealing.
- The growing demand for wastewater treatment market share in China along with government initiatives for infrastructure development represents healthy market opportunities.
- The increasing focus on developing commercial, transportation and industrial facilities in Japan non-residential construction market is expected to boost industry growth.
- Sika AG, Ardex, KCC Corporation, Kangnam Chemical Co. Pvt. Ltd. and Pidilite Industries are among the major market players operating in the Asia Pacific waterproofing membrane market.
- Companies are focusing on product differentiation based on quality and technological innovation which is likely to increase market size.
The improper application of waterproofing membranes can lead to various defects such as uneven coloring, craters, surface pinholes, delamination, uncured wet areas and blisters which act as weak areas during the membrane’s service life. The effectiveness of waterproofing membranes is heavily dependent on the quality of substrate preparation and the raw materials used in their manufacture which limits the Asia Pacific waterproofing membrane industry expansion.
Thermoplastic polyolefins waterproofing membranes all ideal for all types of roof decks such as profiled metal, concrete, timber boards, cementitious screeds and plywood which indicates ample market opportunities. They are lightweight, durable, resistant and flexible which allows them to easily conform to a range of roof shapes. Waterproofing membranes are recyclable and environment-friendly owing to their heat-reflective property which increases energy efficiency. Asia Pacific roofing market accounts over 30% of the global roofing industry share which indicates high growth potential for the market growth.
Browse key industry insights spread across 480 pages with 419 market data tables and 51 figures & charts from the report, “Asia Pacific Waterproofing Membrane Market Size By Product (Sheet Membranes {Bitumen, EPDM, TPO, PVC}, Liquid Membranes {Bitumen Solvent, Bitumen Waterbase, Polymer Modified Cement, Polyacrylic, Rapid Cure System, 1K PU Solvent, 2K PU Solvent, PU Bend Acrylic), By End-Use (Roof, Deck & Terrace, Car Park Deck, Garden Roof, Wall, Landfill & Tunnel, Wet Area, Pool, Basement), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/asia-pacific-waterproofing-membrane-market
Waterproofing membranes are essential for wall protection as leaking retaining walls & basements require costly & extensive excavation methods. These membranes protect walls from prolonged dampness caused by exposure to high humidity & rainfall which can lead to mold growth and severe damage. Waterproofing membranes are topped by drainage panels which allow water to drain to the foundation, and helps protect basements from seepage, thus promoting market share.
Several market leaders are engaged in developing new waterproofing membranes to offer innovative solutions and exploit the rising preference for elastomeric waterproofing products. Various market players are focusing on technological innovations to improve product properties and ensure sustainability. Most manufacturers are also adopting strategic acquisitions to ensure Asia Pacific waterproofing membrane market expansion.
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Partial chapters from report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Asia Pacific waterproofing membrane industry 360⁰ synopsis, 2019 – 2025
2.1.1 Business trends
2.1.2 Country trends
2.1.3 Product trends
2.1.4 End-Use trends
Chapter 3 APAC Waterproofing Membrane Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 – 2025
3.3 Industry ecosystem
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Strategic Alliance
3.3.2.2 Collaboration
3.3.2.3 Technology Providers
3.3.2.4 Service Providers
3.4 Raw material trends
3.4.1 Bitumen
3.4.2 Polypropylene
3.4.2.1.1 Propylene/polypropylene
3.5 Technology landscape
3.5.1 Process for manufacturing a waterproofing membrane
3.5.2 Manufacturing of PVC waterproofing membranes
3.5.2.1 Co Extrusion
3.5.2.2 Caste Spreading
3.5.3 Polyurethane liquid membranes technology overview
3.5.4 α Technology
3.5.5 Liquid applied membrane with moisture triggered polyurethane technology
3.5.6 Rapid-curing resin technology
3.5.7 Solvent-free and “Odour-free” technology for concrete surfaces
3.5.8 Liquid cold applied membranes
3.5.9 Manufacturing of EPDM waterproofing membrane
3.5.10 Manufacturing of Bituminous waterproofing membrane
3.5.11 Manufacturing of TPO waterproofing membrane
3.6 Product benchmarking
3.7 Regulatory landscape
3.7.1 China
3.7.2 India
3.7.2.1 Bureau of Indian Standards
3.7.3 Japan
3.7.4 Taiwan
3.7.5 Malaysia
3.7.6 Singapore
3.7.7 Australia
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Construction industry growth in Asia Pacific
3.8.1.2 Increasing concerns towards waste & wastewater management
3.8.1.3 Cost effective solutions delivered from waterproofing membranes
3.8.2 Industry pitfalls & challenges
3.8.2.1 Deficiency in detailing and improper installation
3.8.2.2 Lack of superior quality substrate preparation
3.9 Growth potential analysis, 2018
3.9.1 Emerging business models
3.9.1.1 Acquisitions
3.9.1.2 New product launch
3.10 Porter’s analysis
3.11 Competitive landscape, 2018
3.11.1 Company market share analysis, 2018
3.11.2 Strategy dashboard
3.12 PESTEL analysis
Browse complete table of contents @ https://www.gminsights.com/toc/detail/asia-pacific-waterproofing-membrane-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: [email protected]
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