Amid the COVID-19 crisis, the global market for Elastomeric Membrane estimated at US$30.8 Billion in the year 2020, is projected to reach a revised size of US$44.8 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Sheet, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$21.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liquid Applied segment is readjusted to a revised 5.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 8.5% CAGR
The Elastomeric Membrane market in the U.S. is estimated at US$8.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.4 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Other Types Segment to Record 5% CAGR
In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.8 Billion in the year 2020 will reach a projected size of US$6.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6 Billion by the year 2027, while Latin America will expand at a 6.1% CAGR through the analysis period. We bring years of research experience to this 6th edition of our report. The 371-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- 3M Company
- BASF SE
- Carlisle Companies, Inc.
- Copernit S.P.A.
- Covestro AG
- Duro-Last, Inc.
- Firestone Building Products Company
- Fosroc International
- GCP Applied Technologies, Inc.
- Henry Company
- IKO Industries Ltd.
- Johns Manville Corporation
- Kemper System Inc.
- Mapei S.p.A.
- Paul Bauder GmbH & Co. KG
- Pidilite Industries Ltd.
- RENOLIT SE
- Saint-Gobain SA
- Sika AG
- Soprema Group
- Standard Industries, Inc.
- Tremco Incorporated
- W. R. Meadows, Inc.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Elastomeric Membrane: A Highly Preferred Waterproof Roofing Material
Global Competitor Market Shares
Elastomeric Membrane Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Growth in Construction Industry: A Significant Growth Driver for ElastomericMembrane Market
Global Construction Output: Breakdown of Revenues in US$ Trillion for the Years 2017, 2019, 2021 and 2023
Annual Construction Spending in the US in US$ Billion by Sector for the Years 2015, 2017, 2019 and 2021
Projected Housing Starts in the US: Number of Units During 2018-2028E Period
Non-Residential Local and State Government Construction in the US: Revenues in US$ Billion for the Years 2016, 2018, 2020 and 2022
Roof Insulation and Coatings: Major End-Use Applications in Elastomeric Membrane Market
Global Roof Insulation Market: Revenues in US$ Billion for the Years 2016, 2018, 2020 and 2022
Global Roof Coatings Market: Revenues in US$ Billion for the Years 2017, 2019, 2021 and 2023
Global Roof Coatings Market: Percentage Share Breakdown of Sales by Type for the Year 2019E
Trend Towards Green Roofing Drives Market Growth
Increasing Regulations for Energy Optimization in Buildings Drive Demand for Elastomeric Membrane Materials
Increasing Regulations in the Construction Industry Force Contractors to Use Waterproof and Eco-Friendly Materials
Increasing Need for Water Management in Construction Industry Benefits Market Growth in Asia-Pacific Region
Innovations and Advancements
Elastomeric Membrane: Introduction
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
US Elastomeric Membrane Market Share (in %) by Company: 2019 & 2025
Market Facts & Figures
European Elastomeric Membrane Market: Competitor Market Share Scenario (in %) for 2019 & 2025
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
Total Companies Profiled: 38