Elastomeric Membrane Trends and Forecast
The future of the global elastomeric membrane market looks promising with opportunities in the non residential construction and residential construction markets. The global elastomeric membrane market is expected to reach an estimated $65.3 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are expanding construction sector, rising regulations promoting energy optimization, and growing demand for eco-friendly and sustainable materials globally.Elastomeric Membrane by Segment
The study includes a forecast for the global elastomeric membrane by type, application, end use, and region.Elastomeric Membrane Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Sheet
- Liquid Applied
Elastomeric Membrane Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Roofs & Walls
- Underground Construction
- Wet Areas
- Others
Elastomeric Membrane Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Non Residential Construction
- Residential Construction
Elastomeric Membrane Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Elastomeric Membrane Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies elastomeric membrane companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the elastomeric membrane companies profiled in this report include-- BASF
- Sika Carlisle Companies
- SOPREMA
- Kemper System
- Saint-Gobain
Elastomeric Membrane Market Insights
The publisher forecasts that sheet will remain the larger segment over the forecast period due to growing demand of flat roofing systems for non-residential structures.Within this market, non-residential construction will remain the larger segment due to rising foreign investments in the construction sector, particularly in high-end commercial ventures and industrial advancements.
APAC will remain the largest region over the forecast period due to significant funding allocated to both residential and non-residential construction ventures to address the housing and infrastructure requirements of the expanding population.
Features of the Global Elastomeric Membrane Market
- Market Size Estimates: Elastomeric membrane market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Elastomeric membrane market size by type, application, end use, and region in terms of value ($B).
- Regional Analysis: Elastomeric membrane market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the elastomeric membrane market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the elastomeric membrane market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the elastomeric membrane market size?Answer: The global elastomeric membrane market is expected to reach an estimated $65.3 billion by 2030.
Q2. What is the growth forecast for elastomeric membrane market?
Answer: The global elastomeric membrane market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the elastomeric membrane market?
Answer: The major drivers for this market are expanding construction sector, rising regulations promoting energy optimization, and growing demand for eco-friendly and sustainable materials globally.
Q4. What are the major segments for elastomeric membrane market?
Answer: The future of the elastomeric membrane market looks promising with opportunities in the non residential construction and residential construction markets.
Q5. Who are the key elastomeric membrane market companies?
Answer: Some of the key elastomeric membrane companies are as follows:
- BASF
- Sika Carlisle Companies
- SOPREMA
- Kemper System
- Saint-Gobain
Answer: The publisher forecasts that sheet will remain the larger segment over the forecast period due to growing demand of flat roofing systems for non-residential structures.
Q7. In elastomeric membrane market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to significant funding allocated to both residential and non-residential construction ventures to address the housing and infrastructure requirements of the expanding population.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the elastomeric membrane market by type (sheet and liquid applied), application (roofs & walls, underground construction, wet areas, and others), end use (non residential construction and residential construction), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- BASF
- Sika Carlisle Companies
- SOPREMA
- Kemper System
- Saint-Gobain
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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