Waterproofing Membranes Market Analysis

Type (Bituminous, Polymeric)

The bituminous segment is estimated to gain the largest market share of 65% in the year 2037. Bituminous waterproofing membranes are often considered more cost-effective compared to other types of waterproofing materials. This affordability makes them a popular choice for various construction projects. Bituminous membranes are available in different forms, including torch-applied, self-adhesive, and hot-mopped, making them suitable for various application methods and project requirements. Additionally, their ease of installation compared to some other waterproofing systems contributes to their popularity.

End User (Construction, Mining, Waste Management)

The construction segment is expected to garner a significant share in the year 2037. Rapid urbanization and population growth have been significant drivers of construction activities worldwide. As more people move to urban areas, there is an increased demand for housing, infrastructure, commercial buildings, and other construction projects. According to the United Nations, the global urban population was projected to increase from 55% in 2018 to 68% by 2050, indicating the ongoing trend of urbanization driving construction demand.

Our in-depth analysis of the global market includes the following segments: