Plastic Modified Bitumen Waterproof Membrane Market size is estimated to be USD 3.5 Billion in 2024 and is expected to reach USD 5.7 Billion by 2033 at a CAGR of 5.7% from 2026 to 2033.
The global Plastic Modified Bitumen Waterproof Membrane market was valued at approximately USD 4.7 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. The increasing demand for waterproofing solutions in the construction and infrastructure sectors, driven by urbanization and the need for durable, long lasting waterproofing materials, is propelling market growth. The market size is expected to reach around USD 8.5 billion by 2030. This growth is attributed to the superior performance of plastic modified bitumen membranes, including their enhanced flexibility, UV resistance, and ability to withstand extreme weather conditions. Additionally, the growing focus on sustainable construction and energy efficient buildings is expected to further drive market demand.
Regionally, the Plastic Modified Bitumen Waterproof Membrane market is experiencing substantial growth in Asia Pacific, accounting for more than 35% of the global market share in 2022. Rapid industrialization, infrastructure development, and a significant increase in construction activities across countries like China and India are key contributors to this growth. North America and Europe follow with a notable share due to the established construction sector and increasing focus on residential and commercial building waterproofing solutions. The Middle East and Africa are expected to witness significant growth during the forecast period, owing to the rise in infrastructure projects in the region. Latin America also shows promise as a growing construction market with increasing adoption of waterproofing technologies. The regional markets are expected to continue growing at an accelerated pace, driven by urbanization, changing weather patterns, and a shift towards high performance building materials.
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Shandong Senmeite Waterproof Material Co.
Ltd.
Shandong Jiuzhong Waterproof Technology Co.
Ltd.
Shandong Gaogong Waterproof Material Co.
Ltd.
Shandong Aodun Waterproof Material Co.
Ltd.
GAF
Carlisle
Johns Manville
Firestone
Sika Group
Soprema Group
KOSTER
Oriental Yuhong
Protan
Yuanda Hongyu
Versico
CKS
Fosroc
Hongyuan Waterproof
Green Shield
Custom Seal Roofing
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. 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 Global Plastic Modified Bitumen Waterproof Membrane Market
Roofing
Waterproofing
Flooring
Others
Self-Adhesive Modified Bitumen Membrane
Torch-Applied Modified Bitumen Membrane
Construction
Infrastructure
Transportation
Others
Up to 3 mm
3 mm to 5 mm
Above 5 mm
Rolls
Sheets
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 Global Plastic Modified Bitumen Waterproof Membrane 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. Global Plastic Modified Bitumen Waterproof Membrane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plastic Modified Bitumen Waterproof Membrane Market, By Type
6. Global Plastic Modified Bitumen Waterproof Membrane Market, By Application
7. Global Plastic Modified Bitumen Waterproof Membrane Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Plastic Modified Bitumen Waterproof Membrane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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