Bitumen Membrane Market is Forecasted to Reach US$ 14.2 Billion in 2030, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global bitumen membrane market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2024: US$ 11.5 billion

Market Size in 2030: US$ 14.2 billion

Growth (CAGR): 3.6% during 2024-2030

Leading Membrane Type: Sheet Membrane

Leading Product Type: APP

Leading Application Type: Roofing

Leading End-Use Type: Non-Residential

Leading Construction Type: Renovation

Leading Region: Asia-Pacific

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 6

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Bitumen Membrane Market:

The global bitumen membrane market is segmented based on membrane type, product type, application type, end-use type, construction type, and region.

Based on the membrane type - The bitumen membrane market is segmented into sheet membranes and liquid-applied membranes. Sheet membranes will continue to dominate throughout the forecast period due to their superior durability, making them the preferred choice for large-scale commercial and infrastructure projects. Meanwhile, liquid-applied membranes are experiencing faster growth, driven by their adaptability to complex structures. The market is becoming more efficient as both segments align with evolving sustainability standards and the adoption of cool roofing technologies.

Based on the product type – The bitumen membrane market is segmented into APP, SBS, and oxidized. APP dominates the bitumen membrane market due to its superior UV resistance, durability, and thermal stability, while SBS is anticipated to experience growth during the forecast period due to its superior flexibility, elongation properties, and better adhesion to various surfaces.

Based on the application type - The bitumen membrane market is segmented into roofing, foundation & below grade, water-retaining structures, car parking decks, and infrastructure. Roofing is expected to hold its major share of the bitumen membrane market. Rising investments in infrastructure, increasing demand for energy-efficient buildings, and frequent maintenance needs are key drivers of market growth. As a result, roofing will remain the dominant and fastest-growing category through 2030, supported by expanding residential, commercial, and industrial construction activities.

Based on the end-use type - The bitumen membrane market is segmented into residential, non-residential, and infrastructure segments. The residential segment is expected to grow steadily, fueled by increasing maintenance, renovation, and repair activities. Meanwhile, the non-residential segment will continue to lead the market, driven by large-scale commercial and infrastructure projects.

Based on the construction type - The bitumen membrane market is segmented into new construction and renovation. New construction is expected to be the dominant construction type of the market, outpacing renovation. New construction, backed by increasing urbanization and infrastructure growth, serves as the market’s primary catalyst. Meanwhile, renovation sustains steady demand as older structures require modernization, and sustainability efforts push for enhanced waterproofing solutions.

To know the most attractive segments, click here for a free sample of the report:

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific remains the most valuable region and is expected to maintain its market share.  This growth outlook is majorly attributed to the following–

-         Urbanization

-         Infrastructure projects

-         Strong construction demand

Likewise, North America is projected to experience the highest growth during the forecast period. North America is driven by renovations, stringent regulations, and increasing adoption of advanced, sustainable waterproofing solutions.

Bitumen Membrane Market Drivers:

Some of the key drivers listed in the report are given below.

-         Rising housing demands and growing construction spending across residential and non-residential projects.

Top Companies in the Bitumen Membrane Market:

The market is moderately concentrated, with some local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players.

-         Carlisle Companies Inc.

-         H.B. Fuller

-         Holcim Group

-         Kemper System America, Inc.

-         Mapei S.p.A.

-         Oriental Yuhong Waterproofing Technology

-         RPM International

-         Saint-Gobain

-         Saint-Gobain

-         Sika AG

-         Soprema Group

-         Standard Industries

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-         Liquid-Applied Membrane Market

-         Sheet Membrane Market

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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