Global Basement Bitumen Waterproofing Membrane Market Growth 2023-2029
The global Basement Bitumen Waterproofing Membrane market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
According to a recent market analysis, there is a growing demand for basement bitumen waterproofing membrane due to its ability to prevent water ingress and protect buildings from water damage. Rising construction activities and urbanization in emerging economies are also driving the demand for basement waterproofing membranes. Rising awareness about the benefits of waterproofing in buildings and rising demand for sustainable and cost-effective solutions are driving the growth. Moreover, the development of environmentally friendly and non-toxic basement waterproofing membranes is also expected to drive market growth. Asia Pacific is expected to dominate the market due to rising construction activities and rapid urbanization in countries such as China and India. North America and Europe are also expected to witness significant growth owing to increasing demand for energy-efficient buildings, which require effective waterproofing solutions. In terms of product type, modified bitumen waterproofing membrane is expected to dominate the market due to its excellent waterproof performance and durability. Furthermore, it is easy to install and has good resistance to UV radiation and weathering. Overall, amid rising construction activities, urbanization, and growing awareness about the benefits of waterproofing solutions. However, the growth of the market may be hampered by the availability of alternative waterproofing solutions and environmental concerns.
LPI (LP Information)' newest research report, the “Basement Bitumen Waterproofing Membrane Industry Forecast” looks at past sales and reviews total world Basement Bitumen Waterproofing Membrane sales in 2022, providing a comprehensive analysis by region and market sector of projected Basement Bitumen Waterproofing Membrane sales for 2023 through 2029. With Basement Bitumen Waterproofing Membrane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Basement Bitumen Waterproofing Membrane industry.
This Insight Report provides a comprehensive analysis of the global Basement Bitumen Waterproofing Membrane landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Basement Bitumen Waterproofing Membrane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Basement Bitumen Waterproofing Membrane market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Basement Bitumen Waterproofing Membrane and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Basement Bitumen Waterproofing Membrane.
This report presents a comprehensive overview, market shares, and growth opportunities of Basement Bitumen Waterproofing Membrane market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Liquid Applied Membranes
Sheet-Based Membranes
Segmentation by application
Industrial
Commercial
Residential
Infrastructure
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Oriental Yuhong
Soprema Group
TehnoNICOL
Keshun
Sika
Beijing New Building Materials
General Membrane
BMI
Mapei
Hongyuan Waterproof
RPM
GAF
Renolit
Fosroc
Carlisle
Key Questions Addressed in this Report
What is the 10-year outlook for the global Basement Bitumen Waterproofing Membrane market?
What factors are driving Basement Bitumen Waterproofing Membrane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Basement Bitumen Waterproofing Membrane market opportunities vary by end market size?
How does Basement Bitumen Waterproofing Membrane break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.