The global Waterproofing Membrane Market is expected to register substantial growth during the forecast period, attributed to increase in building & construction industry, improved quality of construction, and increased demand in mining. Increasing governmental investments on infrastructure developments in majority of the developing countries, increasing waste & water management activities, low installation cost and labor requirements are the factors driving this market. The lightweight nature and superior properties also drives the market of waterproofing membrane.
Waterproofing membrane is a thin layer of water tight material applied continuously over a firm surface, so that water doesn’t pass through the membrane. Waterproof membrane should have certain properties such as strong, flexible, tear resistant, so that it can stretch over the buildings and cover the cracks.
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Waterproof membranes are of two types namely sheet based membranes and liquid applied membranes. Increase in the advancement of construction industry has led to rise in the demand of waterproofing materials for its structural integrity. Dampness can lead to various problems such as corrosion of metals, efflorescence, crumbling and softening of plasters, and deterioration of electrical fittings. Dampness prevention is also done by the use of waterproofing materials, thereby driving the market for waterproofing membrane during the forecast period.
The Asia-Pacific region is the world’s largest market of waterproofing membranes with largest share of in terms of volume in 2015.
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The report segments the waterproofing market on the basis of type, application, and geography.
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