Liquid Applied Membranes Market Size, Share, Trends, Growth and Forecast 2030

Global Liquid Applied Membranes Market: Overview

The global Liquid Applied Membranes Market size was worth around USD 6.06 Billion in 2022 and is predicted to grow to around USD 9.37 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.60% between 2023 and 2030.

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The liquid applied membrane is an eco-friendly and low viscosity waterproofing membrane. It is used as a liquid coating to the vertical and horizontal surfaces. It is regarded as a next-generation waterproofing chemical. The various properties exhibited by liquid applied membrane including seamless property, monolithic, and capability to perform to each and every configuration is contributing vigorously towards the growth of its demand in the global market.

The product has a long shelf life and is easy to re-apply which is anticipated to fuel the growth over the next seven years. In addition, liquid applied membranes are being preferred for improving the overall structure of commercial, residential as well as industrial buildings. They can be used in conjunction with high-performance materials & polymers in order to enhance their waterproofing properties.

Global Liquid Applied Membranes Market: Growth Factors

One of the major factors driving the growth of the global liquid applied membranes market is the growing spending on infrastructure development all across the globe. Moreover, the convenient application over complex surfaces and the cost-effective feature of the liquid applied membrane is further boosting its demand when compared to other waterproofing sheets. The product has a comparatively longer shelf-life. These are preferred for enhancing the overall infrastructure of industrial, residential, and commercial buildings. Also, they are widely used in conjunction with high-performing volume materials to improve the waterproofing properties.

The rising need for the expansion of the construction sector in the developing economy along with the growing investments all across the globe is likely to significantly propel the growth of the global liquid applied membranes market during the forecast period. Also, the various initiatives from the government are also supporting the growth of the market globally. The research and development activities undertaken by manufacturers to launch innovative products are further escalating the growth of the global market. The growing focus of manufacturers on product differentiation to gain a competitive edge in the global market is also fuelling its growth. The growing utilization of environment-friendly and bio-based products is also augmenting its demand. The use of bad quality material for construction along with poor maintenance of infrastructure is creating many lucrative growth opportunities in the global liquid applied membranes market as liquid applied membranes can resolve the underlying challenges.

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Global Liquid Applied Membranes Market: Segmentation

The global liquid applied membranes market can be segmented into product, application, end-user, and, region.

By product, the market can be segmented into polyurethane, cement, bitumen, and others. The cement segment holds the largest share in the global liquid applied membranes market due to its low cost when compared to traditional sheet membranes. The polyurethane segment is anticipated to witness huge growth during the forecast period due to its growing applications and ease of use.

By application, the market can be segmented into walls, floors, roofs, and others. The roofing segment accounts for the largest share in the global liquid applied membranes market due to the growing urban population along with the rising demand for residential construction.

By end-user, the market can be segmented into non-residential, residential, and commercial. The residential segment holds domination over others due to the rising migration activities all across the globe. Also, the shift in the lifestyle of the people has significantly contributed towards the growth of the segment. Moreover, the renovation and modernization trends are likely to propel the growth of the segment significantly during the forecast period.

Global Liquid Applied Membranes Market: Regional analysis

Europe accounts for the largest share in the global liquid applied membranes market due to the growing concerns regarding water and waste management.

Asia Pacific is anticipated to witness huge growth during the forecast period due to the rapid infrastructure development along with the rapid industrialization in the region. Also, the growing disposable income of the people in the region is further driving the growth of the regional market.

Global Liquid Applied Membranes Market: Report Scope

Global Liquid Applied Membranes Market: Competitive Players

Some of the significant players in the global liquid applied membranes market are -

• Soprema Group
• Sika AG
• Saint-Gobain SA
• Kemeper Systems merica Inc.
• Johns Manville Corporation
• Henry Company
• GCP Applied Technologies
• DowDupont Inc.
• Carlisle Companies
• BASF SE.

By Product Type:

• Polyurethane 
• Cement
• Bitumen 
• Others.

By application:

• Walls 
• Floors 
• Roofs
• others

By End-use:

• Non-residential 
• Residential 
• Commercial

Global Liquid Applied Membranes Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.