United States Waterproof Building Materials Market was valued at USD 10 Billion in 2022 and is projected to reach USD 16 Billion by 2030, growing at a CAGR of 7% from 2024 to 2030.
The U.S. corrugated polypropylene board market has been experiencing significant growth, driven by its versatile applications across various industries. In 2023, the global market size was valued at approximately USD 3.11 billion and is projected to reach USD 4.9 billion by 2030, growing at a CAGR of 6.5% during the forecast period. citeturn0search6
Corrugated polypropylene boards, also known as corrugated plastic sheets or Coroplast, are lightweight, durable materials made from twin-wall polypropylene sheets. Their fluted structure provides strength and rigidity, making them ideal for applications in packaging, construction, signage, and more. These boards are valued for their resistance to water, chemicals, and impact, as well as their recyclability, aligning with the growing demand for sustainable materials.
In the U.S., the packaging industry has been a major consumer of corrugated polypropylene boards. The shift towards eco-friendly and reusable packaging solutions has led companies to adopt these boards for transporting goods safely while minimizing environmental impact. Additionally, the construction sector utilizes these boards for applications like floor protection and temporary wall panels due to their durability and ease of installation.
The automotive industry also benefits from corrugated polypropylene boards, using them for lightweight, durable components that contribute to overall vehicle weight reduction and improved fuel efficiency. Moreover, the agriculture sector employs these boards for tasks such as greenhouse construction and protective coverings, capitalizing on their resistance to moisture and chemicals.
Technological advancements have further enhanced the appeal of corrugated polypropylene boards. Innovations in manufacturing processes have led to the development of boards with improved strength-to-weight ratios and customizable features, catering to specific industry needs. For instance, boards with anti-static properties are now available for electronic component packaging, addressing concerns about static electricity damage.
Despite the positive outlook, the market faces challenges such as fluctuating raw material prices and competition from alternative materials. However, the emphasis on sustainability and the recyclability of polypropylene are expected to mitigate these challenges. Companies are increasingly investing in recycling programs to ensure a steady supply of raw materials and to promote a circular economy.
In conclusion, the U.S. corrugated polypropylene board market is poised for substantial growth, driven by its versatility, durability, and alignment with sustainability goals. As industries continue to seek innovative, eco-friendly solutions, the demand for these boards is expected to rise, solidifying their role in various applications across the economy.
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Myagkaya Roofing
TechnoNICOL
Sika
KRZ
BMI Group
PLASTFOIL
Protexa Corporate
SOPREMA
BASF(Thermotek)
Nordic Waterproofing
Firestone
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Waterproof Building Materials Market
Cement-based Materials
Polymeric Materials
Bituminous Materials
Metallic Materials
Geosynthetic Materials
Residential Construction
Commercial Construction
Industrial Construction
Infrastructure
Waterproofing of Existing Structures
Coatings
Membranes
Sealants
Adhesives
Composite Materials
Construction & Infrastructure
Aerospace
Automotive
Marine
Energy & Power
UV Resistance
Puncture Resistance
Hydrostatic Pressure Resistance
Thermal Stability
Flexibility & Elasticity
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Waterproof Building Materials Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Waterproof Building Materials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Waterproof Building Materials Market, By Type
6. US Waterproof Building Materials Market, By Application
7. US Waterproof Building Materials Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Waterproof Building Materials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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