Waterproofing Membranes Market

SIKA AG (Switzerland) and Carlisle Companies Inc. (U.S.) are the Most Active Players in the Waterproofing Membranes Market

The waterproofing membranes market size was USD 25.80 billion in 2017 and is projected to reach USD 40.19 billion by 2022, at a CAGR of 9.3%. Waterproofing membranes provide various advantages such as environmental sustainability requirements, energy savings, lightweight properties, durability, recyclability, easy installation, superior heat resistance, high flexibility, and excellent environmental resistance. The increasing government investments for improved infrastructure are leading to an increase in the demand for waterproofing membranes.

The key players in the waterproofing membranes market include Sika AG (Switzerland), Carlisle Companies Inc. (US), Firestone Building Products Company, LLC (US) Soprema Group (France), GSE Environmental (US), BASF SE (Germany), Dow Chemical Company (US), Johns Manville (US), and GAF Materials Corporation (US). The waterproofing membranes market report analyzes the key growth strategies adopted by the leading market players between 2015 and 2017. These strategies include new product launch, expansion, and agreement.

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Sika AG (Switzerland) is involved in the development and manufacturing of waterproofing membranes. The company follows strategies, including expansion and acquisition, to increase its global market share. For instance, in March 2016, Sika AG strengthened its position in the Middle East by establishing a national subsidiary in Kuwait. This was its 94th subsidiary globally, and in line with its growth strategy for expanding the company’s international presence to 100 national subsidiaries by 2018. In January 2017, the company acquired Bitbau Dörr, a major manufacturer of waterproofing membranes located in Austria to broaden its customer base in Europe.

Carlisle is one of the largest innovation-driven companies. The company is mainly into new product and technology launch as a business strategy to increase its revenue in the waterproofing membranes market. For instance, in 2016, the company introduced a re-engineered blindside waterproofing system, with twice the puncture resistance of rigid HDPE systems. This technology is a combination of MiraPLY-H with SeamLOCK and is a 70- mil thick, self-adhering blindside waterproofing system designed for under-slab applications.

Related Reports:

Waterproofing Membranes Market by Raw Material Type (Modified Bitumen, PVC, EPDM, TPO), Type (Liquid Applied, Sheet Based), Application (Roofing & Walls, Building Structures, Waste & Water Management) - Global Forecasts to 2022

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Report Code
CH 3526
RI Published ON
5/23/2017
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