Elastomeric Membrane Market Size - By Material Type (Ethylene Propylene Diene Monomer, Thermoplastic Polyolefin, Polyvinyl Chloride, Chlorosulfonated Polyethylene) By Application (Roofing, Waterproofing, Geotextiles), By End-Use & Forecast, 2024 – 2032
Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Construction | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationElastomeric Membrane Market Size - By Material Type (Ethylene Propylene Diene Monomer, Thermoplastic Polyolefin, Polyvinyl Chloride, Chlorosulfonated Polyethylene) By Application (Roofing, Waterproofing, Geotextiles), By End-Use & Forecast, 2024 – 2032
Elastomeric Membrane Market Size
Elastomeric Membrane Market was valued at around USD 42 billion in 2023 and is anticipated to register a CAGR of over 7.2% between 2024 and 2032. The future looks promising for elastomeric membranes in construction. With their impressive flexibility, durability, and ability to withstand harsh weather conditions, the demand for these waterproofing solutions is on the rise. As builders increasingly prioritize effective waterproofing, the market for elastomeric membranes is expected to see significant growth.
To get key market trends
There is global upsurge in building projects, particularly in expanding cities will boost market share. In addition, more and more builders are searching for more effective techniques to keep buildings dry as they become aware of the issues brought on by water damage. As a result, there is a significant need for durable waterproofing materials, such as elastomeric membranes. The market for these membranes will expand along with the requirement for waterproofing, resulting in fresh concepts and advancements for the building sector.
Report Attribute | Details |
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Base Year | 2023 |
Elastomeric Membrane Market Size in 2023 | USD 42.3 billion |
Forecast Period | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR | 7.2% |
2032 Value Projection | USD 79.1 billion |
Historical Data for | 2018 – 2023 |
No. of Pages | 350 |
Tables, Charts & Figures | 530 |
Segments covered | Material Type, Application, End-Use Industry |
Growth Drivers |
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Pitfalls & Challenges |
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What are the growth opportunities in this market?
The elastomeric membrane market encounters main challenges, such as competition from alternative materials and potential performance issues. Despite their durability, inadequate installation or upkeep could result in membrane failure, leading to water infiltration and structural harm. Additionally, advancements in waterproofing materials and technologies pose a threat to elastomeric membranes. Addressing these hurdles necessitates ongoing innovation to enhance efficiency and differentiate the product from competitors, along with effective marketing strategies to highlight the benefits of elastomeric membranes over alternatives.
Elastomeric membrane Market Trends
There are several noteworthy trends in the elastomeric membrane industry. One of these is a shift toward environmentally friendly materials in response to growing environmental consciousness. Moreover, customized solutions are becoming more and more necessary to meet the demands of certain projects. Improvements in durability and ease of installation brought about by technological advancement are also impacting the industry.
Elastomeric membrane Market Analysis
Learn more about the key segments shaping this market
EPDM, the go-to material for flexible and durable membranes, has seen its value soar past $16.5 billion in 2023. It's a star in the world of roofing, waterproofing, and sealing because it can bend without breaking, stand up to the elements, and won't break the bank. EPDM's got a track record of performing well at a fair price, making it a popular choice among construction crews. And with the growing demand for eco-friendly building materials, EPDM's future looks bright. As the need for top-notch membranes keeps growing, EPDM is poised to keep its place as the leader of the pack.
Learn more about the key segments shaping this market
Based on application, the roofing segment accounted for over 61% of the market share in 2023. Elastomeric membranes are indispensable in roofing tasks owing to their exceptional characteristics. They form a seamless, flexible waterproof layer shielding structure from moisture issues and water ingress. Their durability ensures consistent performance, even in harsh weather conditions. Similarly, their ease of installation and upkeep makes them a favored option for various roofing setups. Whether used alone or in conjunction with other layers within a system, elastomeric membranes offer reliable protection, prolonging the lifespan of roofs and reinforcing the structural integrity of buildings.
The elastomeric membrane market is as diverse as the industries that use it. Whether it's building a sturdy home, constructing a speedy car, or providing medical care, elastomeric membranes play a crucial role. In homes and buildings, these membranes guard against water damage by sealing walls, roofs, and foundations. They're the secret weapon that keeps you dry and cozy. Car manufacturers love them for their gaskets and seals, ensuring a smooth and leak-free ride. They're also the heroes behind protective coverings and medical device seals in hospitals, keeping things sterile and safe. Factories rely on elastomeric membranes for insulation and protection from corrosion. And farmers use them to line their reservoirs and ponds, preventing precious water from seeping away. But that's not all! Elastomeric membranes are the Swiss Army knives of materials. They're found in everything from bridges and boats to everyday items like umbrellas. Their flexibility and durability make them the perfect choice for a wide range of applications.
Looking for region specific data?
Asia Pacific elastomeric membrane market size surpassed USD 12.4 billion in 2023, due to the uptick in construction, urbanization, and infrastructure endeavours. With a heightened emphasis on sustainable building solutions, there is a projected growth in demand for elastomeric membranes. Government initiatives and industrial advancements, particularly in sectors like healthcare and automotive, further drive market expansion.
Elastomeric membrane Market Share
Companies making elastomeric membranes are constantly innovating to stay ahead of the competition and grow. They invest in research to make their products better and more efficient. They also expand their distribution channels, making their products available to more people. They team up with other companies to share expertise and resources. And they develop new products to meet the changing needs of the industry. They also focus on customer satisfaction by providing tailored solutions and support. They use marketing and promotions to build brand awareness and recognition. By doing all of these things, these companies aim to strengthen their position in the market and seize new opportunities.
BASF, Carlisle, and Firestone lead the elastomeric membrane industry with distinct strategies. BASF prioritizes innovation, continually enhancing membranes to match industry demands. Carlisle expands distribution channels to reach new markets, while Firestone collaborates with partners to leverage resources. Despite differences, all invest heavily in research and development to improve products. They also prioritize customer needs by offering customized solutions and boosting brand visibility through marketing.
Elastomeric membrane Market Companies
Major players operating in the elastomeric membrane industry include
- BASF SE
- Carlisle Construction Materials
- Firestone Building Products
- GAF Materials Corporation
- Henry Company
- Johns Manville
- Mapei Corporation
- Sika AG
- SOPREMA Group
- Tremco Incorporated
- Triflex GmbH & Co. KG
- W. R. Grace & Co.
Elastomeric membrane Industry News
- In 2024, it is expected that the roofs and walls sector will dominate the global market with a 52.1% share. Elastomeric membranes are frequently suggested for roofs and walls because of their excellent waterproofing and long-lasting properties. These membranes create a seamless and flexible barrier that effectively prevents moisture ingress, thereby minimizing water-related damage and mold growth.
This elastomeric membrane market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Kilo Tons) from 2018 to 2032, for the following segments
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Market, By Material Type
- Ethylene Propylene Diene Monomer
- Thermoplastic Polyolefin
- Polyvinyl Chloride
- Chlorosulfonated Polyethylene
- Others
Market, By Application
- Roofing
- Waterproofing
- Lining Systems
- Bridge Deck Membranes
- Geotextiles
- Others
Market, By End-Use Industry
- Construction
- Automotive
- Healthcare
- Industrial
- Agriculture
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary sources
1.4.2 Data mining sources
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis
2.2 Material type trends
2.3 Application trends
2.4 End-Use industry trends
2.5 Regional trends
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Key manufacturers
3.1.2 Distributors
3.1.3 Profit margins across the industry
3.1.4 Supply disruptions (If applicable)
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.2 Market challenges
3.2.3 Market opportunity
3.2.3.1 New opportunities
3.2.3.2 Growth potential analysis
3.3 Raw material landscape
3.3.1 Manufacturing trends
3.3.2 Technology evolution
3.3.2.1 Sustainable manufacturing
3.3.2.1.1 Green practices
3.3.2.1.2 Decarbonization
3.3.3 Sustainability in raw materials
3.3.4 Raw material pricing trends (USD/Ton)
3.3.4.1 U.S.
3.3.4.2 European Union
3.3.4.3 UK
3.3.4.4 China
3.3.4.5 Southeast Asia
3.3.4.6 GCC
3.4 Regulations & market impact
3.5 Trade statistics
3.6 Unmet needs
3.7 Porter’s analysis
3.8 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Material Type, 2018-2032 (USD Billion, Kilo Tons)
5.1 Key trends
5.2 Ethylene propylene diene monomer
5.3 Thermoplastic polyolefin
5.4 Polyvinyl chloride
5.5 Chlorosulfonated polyethylene
5.6 Others
Chapter 6 Market Size and Forecast, By Application, 2018-2032 (USD Billion, Kilo Tons)
6.1 Key trends
6.2 Roofing
6.3 Waterproofing
6.4 Lining systems
6.5 Bridge deck membranes
6.6 Geotextiles
6.7 Others
Chapter 7 Market Size and Forecast, By End-Use Industry, 2018-2032 (USD Billion, Kilo Tons)
7.1 Key trends
7.2 Construction
7.3 Automotive
7.4 Healthcare
7.5 Industrial
7.6 Agriculture
7.7 Others
Chapter 8 Market Size and Forecast, By Region, 2018-2032 (USD Billion, Kilo Tons)
8.1 Key trends
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Australia
8.4.6 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Mexico
8.5.3 Argentina
8.5.4 Rest of Latin America
8.6 MEA
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 South Africa
8.6.4 Rest of MEA
Chapter 9 Company Profiles
9.1 BASF SE
9.2 Carlisle Construction Materials
9.3 Firestone Building Products
9.4 GAF Materials Corporation
9.5 Henry Company
9.6 Johns Manville
9.7 Mapei Corporation
9.8 Sika AG
9.9 SOPREMA Group
9.10 Tremco Incorporated
9.11 Triflex GmbH & Co. KG
9.12 W. R. Grace & Co.
- BASF SE
- Carlisle Construction Materials
- Firestone Building Products
- GAF Materials Corporation
- Henry Company
- Johns Manville
- Mapei Corporation
- Sika AG
- SOPREMA Group
- Tremco Incorporated
- Triflex GmbH & Co. KG
- W. R. Grace & Co.
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