About Elastomeric Membrane
The global elastomeric membrane market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The growing construction industry and the increasing number of regulations for energy optimization are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness a slight decline in the growth during the next few years but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Elastomeric Membrane market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), BASF (Germany), Noble Company (United Kingdom), Pidilite Industries Ltd (India), Mapei S.P.A (Italy), Saint-Gobain (France), Kemper System (United States), Standard Industries Inc. (United States), Sika AG (Switzerland) and Henry Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Paul Bauder GmbH & Co. Kg (Germany), Fosroc (UAE), Renolit (Germany) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Elastomeric Membrane market by Type (Elastomeric Sheet Membrane and Elastomeric Liquid Applied Membrane), Application (Roofs & Walls, Wet Areas, Underground Construction and Others) and Region.
On the basis of geography, the market of Elastomeric Membrane has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Residential Construction will boost the Elastomeric Membrane market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Acrylic will boost the Elastomeric Membrane market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Number of Water Management Activities
Market Growth Drivers:
The Growing Construction Industry and Increasing Regulations for Energy Optimization
Challenges:
Fluctuating Raw Material Prices
Restraints:
The Outbreak of COVID-19 Pandemic is one of the Major Restraints for the Market as Most of the Industries have been Facing Economic Crisis Across the World
Opportunities:
Opportunities in the Asia Pacific Region Propelled by Rising Importance of Green Roofing
Market Leaders and their expansionary development strategies
In February 2019, CHRYSO, a world leader in manufacturing additives for concrete and cement as well as developing added-value and innovative solutions for the building industry, announced the acquisition of Cemexa, a major player in France and internationally in the cement screed market.
In October 2023, MAPEI launched a new water-based elastomeric bitumen membrane. Polylastic is a ready-to-use coating system which can be used to waterproof a variety of substrates. Offered in six colours, the membrane is fast and easy to apply by brush, roller or trowel
Increasing Regulations in the Construction Industry
Key Target Audience
Elastomeric Membrane Manufacturer, Elastomeric Membrane provider, Investor, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.