Protecting Your Infrastructure Investments

The waterproofing membranes market is growing at a rapid pace. This growth is attributed to the growing building and construction industry in regions such as: Asia-Pacific, Middle East and Africa, and South America. These areas are witnessing an increasing demand for waterproofing membranes due to increasing governmental investments on infrastructure developments in a majority of the emerging countries of these regions. Increasing waste and water management activities have also triggered the demand for waterproofing globally.

A new report from MarketsandMarkets shows the waterproofing membranes market is estimated to grow from to $40.19 billion by 2022.

The market is driven by the need to improve the quality of construction. Emerging and developed economies across the globe are carrying out infrastructure development, such as roadways, railroads, and river banking protection projects to sustain economic growth. These civil construction projects boost consumption of waterproofing membranes as, they are commonly accepted as durable and long-lasting products.

TPO (Thermoplastic olefin) waterproofing membranes are the fastest-growing commercial roofing membrane segment. These membranes have garnered industry wide acceptance for their performance and installation advantages at an economical price. Some other benefits of TPO include its recyclability, durability, flexibility, low installation cost, less labor requirement, and heat resistant properties suitable for energy-efficient roofing systems.

Roofing and walls is the biggest waterproofing membrane application. This is due to the increased protection requirement from moisture and cracks, along with an increased need for repair and maintenance of waterproofing membranes, driving the demand during the forecast period.

As the overall construction industry grows, the waterproofing market will change how structures are built.

Related Articles