Bituminous Waterproofing Membrane Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.2 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The global Bituminous Waterproofing Membrane market was valued at approximately USD 8.4 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. This growth is driven by increasing construction activities, particularly in developing regions, and the rising demand for durable and cost-effective waterproofing solutions. The market's expansion is also supported by heightened awareness of the importance of building longevity and the growing trend of urbanization. The bituminous membranes, known for their robustness and versatility, are increasingly being adopted in residential, commercial, and industrial construction projects to address water infiltration issues effectively.
Opportunity analysis reveals significant potential in emerging markets such as Asia-Pacific and Latin America, where infrastructure development and urbanization are accelerating. These regions are witnessing a surge in construction projects, driven by rapid population growth and economic development. Additionally, the shift towards green and sustainable construction practices offers new avenues for market growth, as bituminous waterproofing membranes are being incorporated into eco-friendly building designs. With technological advancements enhancing the performance and application of these membranes, stakeholders in the market are well-positioned to capitalize on emerging opportunities and drive future growth.
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GAF
Versico Roofing Systems
Baumerk
Sika
Carlisle SynTec Systems
Siplast Roofing & Waterproofing
Uniseal
BLUE RIDGE FIBERBOARD
BITUGULF (IIC)
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 Global Bituminous Waterproofing Membrane Market
Architecture and Civil Engineering
Ship/Boat Deck
Automotive Industry
Based on Types the Market is categorized into Below types that held the largest Bituminous Waterproofing Membrane market share In 2023.
APP (Atactic Polypropylene) Modified
SBS Modified
Self-Adhesive Membrane
Global (United States, Global 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 Bituminous Waterproofing 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 Bituminous Waterproofing Membrane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Bituminous Waterproofing Membrane Market, By Type
6. Global Bituminous Waterproofing Membrane Market, By Application
7. Global Bituminous Waterproofing Membrane Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Bituminous Waterproofing Membrane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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