Liquid-Applied Membrane Market is Forecasted to Reach US$ 16.5 Billion in 2030, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global liquid-applied 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$ 11.9 billion

Market Size in 2030: US$ 16.5 billion

Growth (CAGR): 5.5% during 2024-2030

Leading Product Type: Acrylic

Leading Application Type: Roofing

Leading End-Use Type: Residential

Leading Construction Type: Renovation

Leading Region: Asia-Pacific

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Liquid-Applied Membrane Market:

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

Based on product type - The liquid-applied membrane market is segmented into bituminous, polyurethane, PMMA, epoxy, acrylic, polyurea, silicone, and other products. Acrylic remains the dominant product category due to its cost-effectiveness and ease of application. However, silicone is experiencing the fastest growth, driven by its durability and weather resistance. The rising demand for DIY-friendly, quick-curing solutions supports the expansion of cool roof products.

Based on the application type - The market is segmented into bridge deck, car park, roofing, balconies/terraces, foundation & below grade, swimming pool, wet rooms, and water-containing structures. Roofing will maintain its position as the principal market leader and fastest-growing application through 2030 because of rising worldwide residential and construction spending. The market shows increasing acceptance of cool roofs as one essential development through global warming trends. The essential role of cool roofs in boosting energy efficiency creates additional momentum for market expansion.

Based on end-use type - The market is segmented into residential, non-residential, and infrastructure. The residential segment is projected to maintain its dominance and experience the fastest growth throughout the forecast period with increasing construction spending and housing demands, as well as rising home improvement demands. The commercial segment is expected to remain a market driver, supported by ongoing infrastructure development and increasing demand for cool roofs and reflective surfaces to enhance energy efficiency across various regions.

Based on the construction type - The market is segmented into new construction and renovation. The renovation market section will continue to achieve steady demand while aging infrastructure projects combined with growing sustainable building practices support this growth, along with that rise in home improvements, repair, and maintenance projects in non-residential spaces. New construction continues to maintain its market share due to emerging countries' urbanization over the coming forecast period.

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 region is expected to remain the largest market for the liquid-applied membrane market during the forecast period. This growth outlook is majorly attributed to the following–

-         Urbanization

-         Infrastructure projects

-         Strong construction demand.

Likewise, the North America is likely to grow at the highest rate by 2030. North America is driven by renovations, stringent regulations, and increasing adoption of advanced, sustainable waterproofing solutions.

Liquid-Applied Membrane Market Drivers:

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

-         Growing urbanization and infrastructure expansion

-         Rising adoption of eco-friendly waterproofing technologies

-         Advancements in polymer-based liquid-applied membranes, enhancing durability and environmental resistance.

Top Companies in the Liquid-Applied 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.

-         Oriental Yuhong Waterproofing Technology

-         Soprema Group

-         Sika AG

-         RPM International

-         Saint-Gobain

-         Keshun Waterproof Technology Co., Ltd.

-         Standard Industries

-         Holcim Group

-         Carlisle Companies Inc.

-         Mapei S.p.A.

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:

-         Waterproofing Membrane Market

-         ASEAN Waterproofing 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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