Global Waterproofing Membranes Market expected to grow at a significant CAGR in the upcoming years as the
scope and its applications are rising enormously across the globe. A
waterproofing membrane is a continuous thin layer of watertight material used
to prevent water intrusion into the structural element of building or laid over
a surface of roof. These membranes are poised of thin layers of waterproof
material such as sheet-based membranes and liquid applied membranes. The key
role of waterproofing membrane is to repel hydrostatic pressure applied by
moisture in the liquid state.
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These membranes also used for
balconies, decks, foundation & foundation cracks, patios, washrooms and
shower bases. Prominent factors that are playing major role in the growth of
Waterproofing Membrane Market are, its benefits like cost efficient, energy efficacy,
heat resistant, and have high durability. Moreover, growing construction
industry and population in developing countries is leading overall market.
On the other hand, slow growth
of the construction industry in Europe and rapid urbanization in emerging
regions are the factors that are restraining overall market growth.
Waterproofing Membrane Market segmented based on type, material, application,
and others.
Type into LDPE (Low-Density
Polyethylene), Modified Bitumen, HDPE (High-Density Polyethylene), PVC
(Polyvinyl Chloride), TPO (Thermoplastic Polyolefin), and EPDM (Ethylene
Propylene Diene Monomer) classify Waterproofing Membrane Market.
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