Liquid Applied Membrane Market Size, Share, and Analysis, By Type (Elastomeric, Bituminous, Cementitious, and Others), By Application (Roofing, Walls, Building Structures, and Roadways), By Vertical (Residential Construction and Commercial Construction), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
Liquid Applied Membrane Market Size, Share, and Analysis, By Type (Elastomeric, Bituminous, Cementitious, and Others), By Application (Roofing, Walls, Building Structures, and Roadways), By Vertical (Residential Construction and Commercial Construction), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Liquid Applied Membrane Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 11.9 billion and is projected to reach USD 21.8 billion by the completion of 2034.
Liquid applied membrane is a waterproofing system that is prevalent in construction to protect buildings and structures against water intrusion. It consists of a liquid-based material, which is typically a polymer-modified asphalt or polymer-based compound, that is applied onto surfaces like concrete, metal, or roofing materials. Upon application, the liquid membrane undergoes a curing process, forming a seamless and durable barrier that effectively prevents water penetration. Liquid-applied membranes provide numerous benefits over traditional waterproofing methods, such as ease of application and accommodation of structural movement. They find vast usage in various applications such as roofs, decks, basements, and foundations, which ensures prolonged protection against moisture damage and contributes to the longevity of buildings and infrastructure.
MARKET HIGHLIGHTS
Liquid applied membrane market is projected to reach USD 21.8 billion over the forecast period, due to growing recognition of the importance of waterproofing in construction projects. The demand for liquid-applied membranes is increasing across residential, commercial, and industrial sectors. It provides several advantages, including smooth application and weathering resistance. In addition, advancements in technology have encouraged the creation of eco-friendly and sustainable LAM products, that align with the rising focus on environmental preservation and sustainable construction practices. Therefore, as global construction activities are on the rise, the liquid-applied membrane market will experience steady growth in the foreseeable future.
Liquid Applied Membrane Market Segments:
- By Type
- Elastomeric
- Bituminous
- Cementitious
- Others
- By Application
- Roofing
- Walls
- Building Structures
- Roadways
- By Vertical
- Residential Construction
- Commercial Construction
MARKET DYNAMICS
Growth Drivers
Increasing Construction Activities is Promoting Growth in the Market
Improvements in Technology Will Act as a Catalyst for Market Growth
Restraint
High Initial and Maintenance Costs in the Liquid Applied Membrane Market Will Impact its Growth
Key Players
- BASF SE
- Sika AG
- Saint-Gobain S.A.
- GAF Materials Corporation
- RPM International Inc.
- Carlisle Companies Inc.
- Firestone Building Products Company, LLC
- Kemper System America, Inc.
- SOPREMA Group
- Johns Manville Corporation
- Dow Chemical Company
- Henry Company LLC
- Pidilite Industries Limited
- Tremco Incorporated
- ARDEX Group
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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