Waterproofing Membrane Market Growth, Analysis Report, Share, Trends and Overview 2022-2028

The global waterproofing membrane market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2022-2028). The growing concern for water management across the globe along with high demand for waterproofing membrane in this process is anticipated to drive the global waterproofing membrance market. With rising global temperature due to global warming, for years, has melted the glaciers to the ocean which has increased the concern for the scarcity of drinking water shortly. As per the World Bank report, some 2.2 billion people around the world don’t have safely accomplished drinking water services, 4.2 billion people don’t have safely accomplished sanitation services, and 3 billion lack basic hand washing services.

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As per the report of World Wildlife Fund Inc., by 2025, 1/3 of the world’s population may face water shortages, and ecosystems around the world will suffer even more. This has increased the concern for decreasing environmental pollution and increasing waterman agement to save water which can be seen in the new governmental policies across the globe. For instance, in March 2021, to combat this looming crisis, the Indian Government launched the “Jal Shakti Abhiyan: Catch the Rain campaign”, with the tagline ‘Catch the rain, where it falls, when it falls, on World Water Day, which was detected on March 22, 2021. This program was focused on collecting and conserving rainwater. It was executed from March 22, 2021, to November 30, 2021, covering the pre-monsoon and monsoon periods acrossrural and urban areas in the country. Such programs are essential for humans, and potentially boom the waterproofing membrane market.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered-

o             By Application

o             By Type

  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

  • Competitive Landscape- including BASF Corp., Groupe Solmax Inc., IKO Industries, Inc., Sika AG, SOPREMA S.A.S., and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Waterproofing Membrane Market Report Segment

By Application

  • Waste & Water Management
  • Roofing & Walls
  • Building Structures
  • Bridges & Highways
  • Tunnel Liners
  • Others

By Type

  • Polyvinyl Chloride (PVC)
  • Modified Bitumen
  • Ethylene Propylene Diene Monomer (EPDM)
  • Thermoplastic Polyolefin (TPO)
  • High-Density Polyethylene (HDPE)
  • Low-Density Polyethylene (LDPE)
  • Others

A full report of Waterproofing Membrane Market is available at: https://www.omrglobal.com/industry-reports/waterproofing-membrane-market-size