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Waterproofing membranes provide excellent suitability for wall protection as the materials is placed in a thin layer over another material avoid contact with water. These products exhibit tear resistance avert the water leakage or infiltration; provide a degree of strength, resistance to differential movement and flexibility, thereby providing the strength to the building structures.

Global Waterproofing Membrane Market was valued at USD 35.31 billion in 2021 and is expected to reach USD 53.78 billion by 2029, registering a CAGR of 3.6% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Over the last few years, the increase in construction activities across industries, primarily in developing economies, can be attributed to the growth of the waterproofing membrane market. The market is also being boosted by rising demand for waterproofing membranes in the waste and water management sectors.

Competitive Landscape and Waterproofing Membrane Market Share Analysis

The waterproofing membrane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to waterproofing membrane market.

Some of the major players operating in the waterproofing membrane market are

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COVID-19 Impact on Waterproofing Membrane Market

The recent outbreak of coronavirus had a negative impact on the waterproofing membrane market. The construction industry has suffered as a result of various country lockdowns and logistical constraints. Supply chain disruptions, workforce unavailability, logistical constraints, limited component availability, demand drop, low company liquidity, and manufacturing shutdown due to lockdown in various countries have all harmed the industry. During this period of crisis, raw material suppliers and other related businesses are being forced to rethink their strategies in order to cater to this industry. As a result of the pandemic, residential and commercial construction has come to a halt. During this crisis period, demand for waterproofing membranes is expected to be low to medium. Major issues include order shipment delays, supply chain constraints, manpower and equipment shortages, and material shortages. As a result, the market was negatively impacted due to the pandemic.

On the flip side, following the end of the crisis, the market is expected to recover, and demand for waterproofing membranes is expected to rise. The pandemic has increased the demand for construction activities in the healthcare sector. A surge in demand for new hospitals and care facilities has given the construction industry some stability, propelling the waterproofing membranes market.

Global Waterproofing Membrane Market Scope

The waterproofing membrane market is segmented on the basis of raw material, type, usage and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Waterproofing Membrane Market Regional Analysis/Insights

The waterproofing membrane market is analyzed and market size insights and trends are provided by country, raw material, type, usage and application as referenced above.

The countries covered in the waterproofing membrane market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rise in the infrastructural developments and rise in the construction activities within the region.

Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increase in warehouse construction for the region’s healthcare, retail, and automotive application industries .

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About Data Bridge Market Research:

Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability levels and advanced approaches. We are committed to uncovering the best consumer prospects and fostering useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expanded its reach by opening a new office in the Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

We provide a variety of services such as market verified industry reports, technology trend analysis, Formative market research, strategic consulting, vendor analysis, production and demand analysis, and consumer impact studies among many others.

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