Global Modified Bitumen Membrane Market Growth 2023-2029

Global Modified Bitumen Membrane Market Growth 2023-2029

Modified bitumen membrane is an asphalt-based, close cousin of the Built-up-Roof (BUR) designed for buildings with low-slope or flat roof structures. Modified bitumen membranes originated in Europe in the mid 1960's and have been used successfully in the United States and Canada since approximately 1975. Modified Bitumen Membranes are designed to withstand harsh exposure to extreme environmental elements. In our report, modified bitumen membranes have two types which include Atactic Polypropylene (APP) type and Styrene Butadiene Styrene (SBS) type.
LPI (LP Information)' newest research report, the “Modified Bitumen Membrane Industry Forecast” looks at past sales and reviews total world Modified Bitumen Membrane sales in 2022, providing a comprehensive analysis by region and market sector of projected Modified Bitumen Membrane sales for 2023 through 2029. With Modified Bitumen Membrane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Modified Bitumen Membrane industry.
This Insight Report provides a comprehensive analysis of the global Modified Bitumen 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 Modified Bitumen Membrane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Modified Bitumen Membrane market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Modified Bitumen 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 Modified Bitumen Membrane.
The global Modified Bitumen Membrane market size is projected to grow from US$ 8872.7 million in 2022 to US$ 13260 million in 2029; it is expected to grow at a CAGR of 13260 from 2023 to 2029.
Global Modified Bitumen Membrane key manufacturers include Soprema Group, Oriental Yuhong, GAF, etc. Global top three manufacturers hold a share of nearly 20%.
In terms of consumption region, the market for Modified Bitumen Membrane is divided into several geographic regions: In Europe, total Modified Bitumen Membrane accounted for over 20%, North America accounted for about 20%. However, the Asia-Pacific is the largest consumption region and has a market share of approximately 45%.
Among the key type segments, SBS Modified Bitumen Membrane type accounted for the leading share in the market and is projected to dominate the market over the estimated period. In addition, the world's largest application of Modified Bitumen Membrane is in the roofing, accounted for over 40%, followed by walls, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Modified Bitumen Membrane market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
SBS Type
APP Type
Segmentation by application
Roofing
Walls
Basement
Tunnels
Roads
Others
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.
Soprema Group
Oriental Yuhong
GAF
Sika
Hongyuan Waterproof
TehnoNICOL
CKS
Yuanda Hongyu
ARDEX Group
Tamko
Henkel Polybit
Polyglass
Imperbit Membrane
Fosroc
EDIL Roofing Products
IKO Industries
SKSHU
General Membrane
ChovA
Vetroasfalto
Bauder
Protecto Wrap

Key Questions Addressed in this Report
What is the 10-year outlook for the global Modified Bitumen Membrane market?
What factors are driving Modified Bitumen Membrane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Modified Bitumen Membrane market opportunities vary by end market size?
How does Modified Bitumen 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.