Europe Waterproofing Membranes Market Countries, Market Size, Forecast to (2035)

The Europe waterproofing membranes market is to generate a notable revenue by the end of 2035.

Expanding construction activities to Promote Global Market Share of Waterproofing Membranes

The construction industry’s growth was a primary driver for the waterproofing membranes sector. According to a report, the global construction industry was expected to reach a value of over USD 17 trillion by 2024. Investments in infrastructure projects, such as roads, bridges, tunnels, and public utilities, were on the rise globally. Rapid urbanization and population expansion were driving the need for more housing and infrastructure, leading to increased construction activities and, subsequently, higher demand for waterproofing solutions.

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Some of the major growth factors and challenges that are associated with the growth of the global waterproofing membranes market are:

Growth Drivers:

• Infrastructure development

• Growing population growth

Challenges:

Proper installation of waterproofing membranes is crucial for their effectiveness. However, the installation process can be complex and requires skilled labor. Inadequate installation can lead to water leakage and compromised waterproofing performance. Some traditional waterproofing membranes may contain hazardous materials or chemicals that can pose environmental risks during their production, use, and disposal. Increasing environmental regulations and customer demand for eco-friendly solutions challenge the industry to develop more sustainable products.

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The bituminous segment is to garner a highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. 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.

Europe has a substantial need for infrastructure development and renovation projects, including roads, bridges, railways, and utilities. These projects create a strong demand for waterproofing membranes to protect these structures from water damage and extend their lifespan. Europe has some of the most stringent building regulations and standards related to water resistance and energy efficiency. Compliance with these regulations drives the adoption of high-quality waterproofing membranes in construction projects.

This report also provides the existing competitive scenario of some of the key players of the global waterproofing membranes market which includes company profiling of Sika AG, BASF SE, Carlisle Companies Incorporated, Dow Inc., GCP Applied Technologies Inc., and others.

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