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Waterproof Coatings and Membranes Market: Global Trends, Share, Industry Size, Growth, Demand, Opportunities and Forecast By 2028
According to a new market research report “Waterproof Coatings and Membranes Market Size, Share, Growth & Trends Analysis Report By Product (Polymers, Bitumen, Polymer Modified Cement, Others), Raw Material Type (Modified Bitumen, Polyvinyl Chloride (PVC), Ethylene Propylene Diene Terpolymer (EPDM), Thermoplastic Polyolefin (TPO), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Others), Technology (Integral Systems, Preformed Membranes, Coatings, Liquid Applied Membrane System (LAMS), Sheet Membranes), Application (Roofing and Walls, Waste and Water Management, Building Structures, Floors and Basements, Bridges and Highways, Mining Application, Tunnel Liners, Landfills, Others).
The waterproof coatings and membranes market is expected to witness market growth at a rate of 6.36% in the forecast period of 2021 to 2028. Data Bridge Market Research report on waterproof coatings and membranes market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the development of water conservation infrastructure is escalating the growth of waterproof coatings and membranes market.
Waterproof coatings can be referred to as synthetic chemical materials that are utilized to several surfaces and substrates to make it resilient against the water or its effects.
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The waterproof coatings and membranes market is segmented on the basis of product, raw material type, technology and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of product, the waterproof coatings and membranes market is segmented into polymers, bitumen, polymer modified cement and others.
On the basis of raw material type, the waterproof coatings and membranes market is segmented into modified bitumen, polyvinyl chloride (PVC), ethylene propylene diene terpolymer (EPDM), thermoplastic polyolefin (TPO), high-density polyethylene (HDPE), low-density polyethylene (LDPE) and others. Modified bitumen is further sub segmented into styrene-butadiene-styrene (SBS) and atactic polypropylene (APP).
On the basis of technology, the waterproof coatings and membranes market is segmented into integral systems, preformed membranes, coatings, liquid applied membrane system (LAMS) and sheet membranes. Liquid applied membrane system (LAMS) is further sub segmented into cementitious, bituminous, polyurethane, acrylic and others. Sheet membranes are further sub segmented into bituminous, polyvinyl chloride (PVC), ethylene propylene diene terpolymer (EPDM) and others.
On the basis of application, the waterproof coatings and membranes market is segmented into roofing and walls, waste and water management, building structures, floors and basements, bridges and highways, mining application, tunnel liners, landfills and others. Waste and water management is further sub segmented into waste management and water management. Building structures is further sub segmented into commercial and residential.
Market Opportunities:
Growth in the awareness about the benefits of cotton Waterproof Coatings and Membraness
Increasing demand for first aid kids
Rising research and development opportunities
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The major players covered in the waterproof coatings and membranes market report are Carlisle Companies Inc., Firestone Building Products Company, LLC, Soprema Group, Sika AG, Dow, GAF Materials Corporation, Johns Manville, Renolit, Fosroc, CHRYSO SAS, Solmax, Copernit Spa, Derbigum Manufacturing (Pty) Ltd, Flex Membranes International Corp., GCP Applied Technologies Inc., IKO Industries Ltd., JUTA Ltd, MAPEI S.p.A., LATICRETE International, Inc., Noble Company, Paul Bauder GmbH & Co. KG, Schluter Systems, BASF SE, Pidilite Industries Ltd., CICO Technologies Limited, Maris Polymers, Alchimica, Saint-Gobain, Covestro AG, Estop Group, Exxon Mobil Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Some of the key questions answered in this report:
What is the global (North America, Europe, Asia-Pacific, South America, Middle East & Africa) sales value, production value, consumption value, import and export of Waterproof Coatings and Membranes?
Who are the global key manufacturers of the Waterproof Coatings and Membranes Market? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
What are the Global Waterproof Coatings and Membranes Market opportunities and threats faced by the vendors in the global Waterproof Coatings and Membranes Industry?
Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
What focused approach and constraints are holding the Waterproof Coatings and Membranes market?
What are the different sales, marketing, and distribution channels in the global industry?
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Global Ethylene Propylene Diene Monomer (EPDM) Market Study 2015 - 2030
Analysis of the ETHYLENE PROPYLENE DIENE MONOMER (EPDM) MARKET
A comprehensive market study on the ETHYLENE PROPYLENE DIENE MONOMER (EPDM) MARKET Market provides an overview of the demand-supply and consumption patterns of Ethylene Propylene Diene Monomer (EPDM) Market across six different regions. This market study describes the Ethylene Propylene Diene Monomer (EPDM) Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Ethylene Propylene Diene Monomer (EPDM) Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.
Distinct market estimations and forecasts are presented in this comprehensive Ethylene Propylene Diene Monomer (EPDM) Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Ethylene Propylene Diene Monomer (EPDM) Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.
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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Ethylene Propylene Diene Monomer (EPDM) Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.
Global Ethylene Propylene Diene Monomer Demand Supply Analysis By Application,
By End Use Industry (Volume, Value) (2015–2030)
Strategic Issues
Capacity Analysis – Plants and Projects (2015 – 2030)
Capacity
Production
Producing Companies
Capacity Additions and Investments
Location
Salient Statistics
Technology / Process
Demand Analysis and Forecast (2015 – 2030)
Capacity
Production
Operating Rate
Import
Export
Net Trade
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Ethylene Propylene Diene Monomer Market, By Application
Polymer Modification
Hoses, Tubes & Tire
Wire & Cable
Seals & Gasket
Oil additive
Roofing and sheeting
Others
Global Ethylene Propylene Diene Monomer Market, By End Use Industry
Automotive
Building & Construction
Electrical & Electronics
Industrial
Others
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Waterproofing membranes market analysis to reach a value of ~us$ 35 bn by 2027
Waterproofing Membranes Market: Key Highlights
The global waterproofing membranes market was valued at ~US$ 19 Bn in 2018 and is anticipated to expand at a CAGR of ~7% during the forecast period.
The global waterproofing membranes market is primarily driven by growth in the construction industry and rise in the need to improve the quality of construction. Emerging and developed economies across the globe are carrying out infrastructure developments such as roadways, railroads, and river bank protection projects to sustain economic growth. These civil construction projects boost the consumption of waterproofing membranes, which are commonly accepted as durable and long-lasting products.
Key Drivers of Waterproofing Membranes Market
Waterproofing membranes are extensively employed in commercial, residential, and industrial structures, as these protect surfaces from harsh climatic conditions. Macroeconomic factors such as improvement in economic conditions in developing countries, growth in purchasing power, and recovery of Europe from the debt crisis are boosting the consumption of waterproofing membranes. End users of waterproofing membranes, such as construction, mining, roofing, and landfills & tunnels, have been expanding their business substantially since the last few years.
Waterproofing is paramount to the success of green roofs. Waterproofing membranes help prevent the entry of water into a building and act as barrier against damage from root penetration. These membranes also provide better tolerance to high temperature, roof drainage falls, airtightness, and vapor control to buildings. These factors are estimated to make waterproofing membranes vital for the protection of overall structures, in order to protect these overall structure of green roofs against puncture and imperviousness to water.
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Global Waterproofing Membranes Market: Liquid-applied Membranes to Offer Attractive Opportunities
In terms of type, liquid-applied membranes was a highly attractive segment of the global waterproofing membranes market in 2018. The segment is expected to maintain its attractiveness during the forecast period, due to their easy availability and low production cost.
Liquid-applied membranes are sprayed or applied by a brush or roller to the surface that needs to be waterproofed. These membranes have elongation properties, durability, flexibility, abrasion, and chemical resistance, which makes them ideal for waterproofing.
Liquid-applied membranes help extend the service life of structures such as car parks, balconies, podium decks, and green roofs. The major advantage of liquid-applied membranes over other membranes is lack of joint-free process, as there is no likelihood of leakage of water, unlike in roll sheet membranes and other waterproofing methods.
Fluctuation in Prices of Raw Materials to Hamper Waterproofing Membranes Market
Gasoline is the primary raw material used in the production of bitumen waterproofing membranes. The demand for gasoline is still declining. This has adversely affected the supply of bitumen and asphalt. Furthermore, the high cost of manufacturing techniques, such as the oxidation process, has led to an increase in the production cost of bitumen-based waterproofing membranes. These factors are estimated to hamper the global waterproofing membranes market during the forecast period.
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Europe Dominates Waterproofing Membranes Market
In terms of region, Europe accounted for a prominent share of the global waterproofing membranes market in 2018. It is expected to remain a highly lucrative region during the forecast period, due to rapid industrialization and rise in the demand for waterproofing products in roofing and water & waste management sectors in the region.
Rise in regulations on the requirements of new buildings in Europe is expected to drive the demand for waterproofing of structures in order to ensure their durability. This is anticipated to propel the lifespan of buildings. Increase in GDP and growth in investments in industrial and commercial sectors are estimated to boost the construction sector in the region in the next few years.
Top Five Players Account for Key Share of Global Waterproofing Membranes Market
The global waterproofing membranes market is highly moderately fragmented, as a large numbers of small players operate in the market. Currently, the global waterproofing membranes market is expanding at a steady pace. Key players are largely focusing on research and development activities. The top five players - BASF SE, Sika AG, The Dow Chemical Company, Fosroc International Ltd, and Carlisle Companies Inc. - cumulatively accounted for ~40% share of the global market in 2018.
BASF SE constituted a leading share of the global waterproofing membranes market in 2018. The company offers more than 100 types of waterproofing membranes. Its offices and manufacturing sites are located in almost every major city across the globe. The company invests in expanding its product portfolio in order to maintain its leading position in the market.
In May 2019, BASF SE introduced the Ucrete UD200 SR flooring system. Ucrete UD200 SR is a heavy-duty, trowel-applied polyurethane concrete floor system formulated for use in wet-process applications, and wherever slip-resistant floors are required.
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Global Waterproofing Membranes Market: Research Scope
Waterproofing Membranes Market by Material
Bitumen
Thermoplastic Olefin (TPO)
Polyvinyl Chloride (PVC)
Ethylene Propylene Diene Monomer (EPDM)
Others (including Ethylene Vinyl Acetate [EVA], High-density Polyethylene [HDPE], and Low-density Polyethylene [LDPE])
Waterproofing Membranes Market by Type
Liquid-applied Membranes
Sheet-based Membranes
Waterproofing Membranes Market by Application
Roofing & Walls
Building Structures
Water & Waste Management
Landfills & Tunnel Liners
Others (including Bridges & Highways and Marine)
Waterproofing Membranes Market by Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
U.S.
Canada
Germany
France
U.K.
Italy
Spain
Russia & CIS
Netherland
Rest of Europe
China
Japan
India
ASEAN
Rest of Asia Pacific
Brazil
Mexico
Rest of Latin America
GCC
South Africa
Rest of Middle East & Africa
The sustainability aspects have dramatically changes the raw material sourcing strategies for many businesses in the Waterproofing Membrane market. Players have become more responsible toward reducing or managing the waste, are adopting material informatics equipped with artificial intelligence (AI), and adopting energy-efficient production processes in order to maximize returns on invested capital.
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Waterproofing Chemicals Market SWOT Analysis By Political, Economic & Technological Factor
The global Waterproofing Chemicals Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
Global Waterproofing Chemicals Market is expected to reach USD 7 billion by 2022. The market is likely to gain a significant growth in the forecast period. Water leakage from roofs can lead to one of the major failures in manufacturing sector. It is likely to damage the building structure and even cause a potential loss of products and raw materials.
Key Players:
Pidilite Industries Ltd
BASF
Polygel Industries
Exxon Mobil Corporation
Dow Chemical Company
I. Du Pont De Nemours And Company
Mitsubishi Chemical Holdings Corporation
Bridgestone Corporation
Toray Industries
Evonik Industries
Eastman Chemical Company
Choksey Chemical
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Growth Drivers:
The damage may extend in destruction of technical equipment and result in malfunctioning of any machinery. To counter this, a long-term performance of properly protected roof advances the robustness of the building. Simultaneously, it helps in safeguarding the investments and costs of materials and assets. Commercially, waterproofing for industrial roof enables new design and renovation that requires elasticity and weather resistant coatings.
Waterproofing chemicals market is driven by rapid growth in construction industry, extensive use of waterproofing chemicals in infrastructure, automotive and textile sector. Construction sector accounts for a significant market share in the forecast period with factor attributing to substantial increase in infrastructural improvement in the global market. Product segmentation for waterproofing chemical market includes PVC, thermoplastic olefin (TPO), polytetrafluoroethylene (PTFE), bitumen, silicone and ethylene polypropylene diene terpolymer. Bitumen accounts for a significant market share in the forecast period owing to its exceptional properties. Silicone and PVC witness a great demand in the forecast period and the dominance is expected to be consistent in the forthcoming years.
Application Outlook:
Roofing
Walls
Building structures
Landfills & tunnels
Product Outlook:
PolymersPVC
TPO
EPDM
BitumenSBS
APP
Regional Outlook:
Geographical segmentation for waterproofing chemicals market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific remains at dominant position in the forecast period accounting on significant rise in construction activities and increase in industrialization. North America and Europe market is likely to gain a significant growth during the forecast period due to rise in preference for bio-based chemicals and increase in disposable income of consumers.
The key players in the waterproofing chemicals industry include MUHU, RPM International Inc, Sibelco AG, Pidilite Industries Ltd, H.B. Fuller, W.R. Grace and Co, BASF SE, The Dow Chemical Co, E.I. Du Pont De Nemours and Co, Sika AG, Evonik Industries, Wacker Chemie AG, Mapei SpA, Akzo Nobel and Archoma Management.
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Automotive Elastomers Market - Future Analysis, Share, Growth, Trends, Company Profiles and Forecast 2025
Automotive Elastomers are useful for various manufacturing operations. A new report on the Global Automotive Elastomers Market, published by Market Research Future (MRFR), predicts that this market could grow between 2016 and 2023. In terms of value, the market can be worth USD 4,317.10 Mn by the end of the forecast period.
The primal market driving factor for the Global Automotive Elastomers Market growth is the use of Automotive Elastomers as sealants, adhesives, and flexible molded parts in automotive manufacturing. Surging sales of passenger cars in emerging economies have created growth opportunities for Automotive Elastomers. Other market driving factors include increasing purchasing power of the consumers, the rising standard of living, strict emission regulations in developed economies, subsequent increasing usage of high-performance, lightweight materials in the automotive industry, and lastly, the rapid rise in demand for both commercial and passenger vehicles.
Key Players:
Prominent players in the Global Automotive Elastomers Market include Arlanxeo (Netherlands), BASF SE (Germany), The Dow Chemical Company (USA), Exxon Mobil Corp. (USA), Kraiburg TPE GmbH & Co. Kg (Germany), Kuraray Co. Ltd. (Japan), LG Chem Ltd. (South Korea), Mitsui Chemicals Inc. (Japan), Nizhnekamskneftekhim PJSC (Russia), Saudi Basic Industries Corporation (Saudi Arabia), Solvay S.A. (Belgium), Sumitomo Chemical Co. Ltd. (Japan), Teknor Apex Company Inc. (USA), and Versalis S.P.A (Italy).
Latest Industry News:
Mitsubishi Chemical has developed thermoplastics elastomer material called extrusion-grade styrenic copolymer (TPS). It is a single auto-foamable core grade that can be extruded at around 190 to produce foamed-core profiles. 8 AUG 2019
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Market Segmentation:
Global Automotive Elastomers Market segmentation encompasses Application, Type, and Vehicle Type. MRFR's take on the market explores various facets of the market in-depth.
The Application-Based Segmentation of this market covers exterior application, interior application, and tire application. The exterior segment has been sub-segmented into bumper fascia, front end body panel, rocker panel, and roof molds & window shields. The interior application has been sub-segmented into airbags, breaks & suspensions, dashboards, door panels, hoses & seals, instrument & soft-touch panels, seatings, and transmission & conveyor belts. The tire segment holds 61.4% of the market share.
By Type, the market has been segmented into thermoplastic elastomers (TPE) and thermoset elastomers (TSE). The TSE segment has been sub-segmented into acrylic rubber or alkyl acrylate copolymer (ACM), butyl rubber or isobutylene isoprene rubber (IIR), chlorinated elastomers, ethylene propylene diene monomer (EPDM), fluoroelastomers, natural rubber, nitrile butadiene rubber (NBR), polybutadiene rubber (BR), silicone rubber (Q), and styrene butadiene rubber (SBR). The TPE segment has been sub-segmented into copolyamides (COPA), copolyesters (COPE), polyether block amide (PEBA), styrene block copolymer (SBC), thermoplastic olefins (TPO), thermoplastic polyurethane (TPU), and thermoplastic vulcanizates (TPV).
Based on Vehicle Type, light commercial vehicle (LCV), medium & heavy commercial vehicle (M/HCV), and passenger cars.
Regional Segmentation:
A Geographical Outlining of the Global Automotive Elastomers Market covers Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa (MEA).
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During the forecast period, the Asia Pacific region has the strongest chance to stand tall as the principal regional market due to the growing standards of living and rising disposable income of the consumers in developing economies namely China, India, and South Korea. These economies are incentivizing automotive production to meet the increasing demand in their respective countries. Japan is another major country-specific market as some important market players in the Asia Pacific region are based in Japan. Indonesia is another sizable country-specific market in this region. An analysis of the remaining countries in the Asia Pacific region featured in this report estimates the huge contribution to market revenue from some other countries.
Europe is the second-largest regional market due to technological advancement and a strong automotive industry in countries like Germany. Some of the key market players are based in Europe. Other critical country-specific markets in this region are France, Italy, Poland, Russia, and the UK. An observation of the remaining countries in Europe featured in this report speculate the huge addition to market revenue from some other countries.
North America is another important regional market due to the strong automotive industry, strong economy, technological advancement, and the presence of most of the key market players. USA and Canada generate maximum revenue in this market.
Latin America and the MEA region, hold the smallest market shares in the global market. Latin America is a bigger market than the MEA region as the automotive industry is stronger in this region. Argentina, Brazil, and Mexico are the biggest country-specific market in this region. An audit of the remaining countries in Latin America featured in this report speculate the huge addition to market revenue from some other countries. In the MEA region, market is limited due to limited scope for the automotive industry. In this region, the biggest country-specific markets are Saudi Arabia, Turkey, and UAE. A scrutiny of the remaining countries in the MEA region featured in this report calculates the increase to market revenue from some other countries.
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Roofing Materials Market: Industry Share, Growth, Developments, Emerging Trends, Top Manufacturers, Global and Regional Analysis, Forecast by 2023
Global Roofing Materials Market – Overview
The Global Roofing Materials Market is growing with the rapid pace; mainly due to the development of energy efficient cool roofs, increasing use of eco-friendly materials in roofing, and increasing demand of new generation single ply technology in commercial roofing market.
According to a recent study report published by the Market Research Future, The global market of Roofing Materials is booming and expected to gain prominence over the forecast period. The global Roofing Materials market is forecasted to demonstrate an exponential growth by 2023, surpassing its previous growth records in terms of value with a whooping, 3% CAGR during the estimated period (2016 - 2023).
Currently, the roofing materials market is spurting mainly due to the growing construction sector across the globe. Moreover, increasing FDI in construction in emerging nations and supportive government regulations and policies also fuel the growth of the market. Governments across all regions are seen promoting and developing their construction & infrastructure sector. The emerging nations are particularly bringing various reforms and regulations to boost their infrastructure growth and real-estate market. In China the central policies on housing were relaxed, the lowest down payment ratio decreased in 2016. Cheaper down payments encouraged more homebuyers to borrow money from banks. This in turn pushed the construction industry, which ultimately led to the increased demand for Roofing Materials. However, lack of awareness among the consumers is the factor that may hinder the market growth of the market.
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Roofing Materials Global Market – Competitive Analysis
Global Roofing Materials Market appears to be highly fragmented and competitive owning to the presence of numerous large and medium players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.
Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. Focusing upon the competitive edge, roofing materials manufacturers strive to develop products that can deliver optimal efficient, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Manufacturers strive to develop their product portfolio with a wide range of roofing materials for every application.
Industry News
Beacon Roofing Supply, Inc., the largest publicly traded distributor of roofing and complementary building products in the United States and Canada, announced the successful completion of its previously announced acquisition of Allied Building Products Corp. from global diversified building products group CRH plc.
Visaka Industries Limited has forayed into innovative roofing solution where the solar panel fused with roof panel generates electricity.
St. Louis-based Korte Co. is building a USD 2 million, 23,000-square-foot expansion at the Carlisle Construction Materials plant in Greenville. The plant upgrade will enable the Greenville facility, to produce a line of PVC roofing material in addition to the ethylene propylene diene monomer (EPDM) product currently manufactured there.
Roofing Materials Market – Segmentation
Global Roofing Materials Market is segmented in to two key dynamics for an easy grasp and enhanced understanding.
Segmentation:
On the basis of Product, global Roofing Materials market is segmented into Tile Roof, Metal Roof, Plastic Roof, Others. Tile Roof dominates the product segment of the market mainly due to use of clay tiles for residential construction owing to environmental as well as a visual advantage which they provide. Metal roofs is expected to be the fastest growing product segment mainly due to high service life and are extremely durable.
Based on application, global roofing materials market is segmented into Residential, and Non-residential. Residential sector dominated the application segment of the market. Increasing housing sector in countries such as the US, India, and China, drive the demand for the roofing materials.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
Global Roofing Materials Market – Regional Analysis
The Asia-Pacific region dominates the global roofing materials market and is expected to grow at a highest CAGR during the forecast period. Increase in industrialization, rising urbanized population, and growth in spending capacity are the factors driving the growth of the market in Asia-Pacific region. Additionally, growing re-roofing activities also have the positive influence on the growth of the market.
North America is the second largest market for the roofing materials. Increasing demand for residential housing and increased government support in the form of rebate and other tax benefits to the construction companies driving the growth of the market in the region. Moreover, the presence of key manufacturers and their ability to offer a wide product range to customers is expected to play a crucial role to support the industry growth.
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Kay Players
GAF Materials Corporation (U.S.), Atlas Roofing Corporation (U.S.), CertainTeed Corporation (U.S.), Owens Corning Corp.(U.S.), Braas Monier Building Group S.A. (Europe), Etex (Belgium), Fletcher Building Limited (New Zealand), TAMKO Building Products, Inc. (U.S.), Icopal Holding Aps (Denmark), North American Roofing (U.S.) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Roofing Materials Market.
Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter's Five Forces Analysis
4 Global Roofing Materials Market, By Product
4.1 Tile Roof
4.2 Metal Roof
4.3 Plastic Roof
4.4 Others
5 Global Roofing Materials Market, By Application
5.1 Introduction
5.2 Residential
5.3 Non-Residential
…………
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Thermoplastic Elastomer Market Size, Trends, Shares, Insights and Forecast – 2026
Thermoplastic elastomers are adaptable materials, which can be extended without distorting the shape permanently. Thermoplastic elastomers are a physical blend of polymers, which is typically plastic and elastic, and they are manufactured by injection, molding, and extrusion. It is utilized in various applications in the automotive sector, such as airbags, anti-slip mats, window trims, cowl panels, spoilers, and seals & air duct components. Rising demand for automobiles and automotive parts along with increasing consumer spending on automobiles are expected to drive growth of the thermoplastic elastomers market.
Superior properties of thermoplastic elastomers include its glass transition temperature and outstanding material stability when exposed to a broad range of temperatures and non-polar materials. Moreover, less energy is consumed in case of manufacturing TPEs and it can be colored using ordinary dyes.
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Furthermore, thermoplastics can be crushed and turned into 3D printing filament. TPE requires little to no compounding, without the need for addition of reinforcing agents, stabilizers or cure systems. Hence, TPE materials and end products manufactured using TPE are consistent in terms of their properties.
Among product type, styrenic block co-polymers segment dominated the global thermoplastic elastomers market in 2017, owing to its various applications in sealants, gasket materials, hot-melt adhesives, rubber bands, toy products, shoe soles, and bitumen products for road paving, and roofing applications. Increasing initiatives by major players to upscale its styrenic block co-polymers business is expected to drive growth of this segment in the global TPE market. For instance, in November 2017, Versalis, a petrochemical company in Europe, inaugurated ‘Lotte Versalis Elastomers��� plant in Yeosu, South Korea which is a joint venture with Lotte Chemical. This plant produces 200,000 metric tons/year of elastomers, including 100,000 metric tons/year of ethylene-propylene-diene monomer (EPDM) and 100,000 metric tons/year of solution-styrene butadiene rubber (SBR).
Among application, automotive parts segment accounted for the largest market share, followed by housewares & appliances segment, owing to TPE’s heat resistance, shock absorption, vibration damping, and chemical resistance to various appliances such as refrigerators, ovens, electric kettles, and others. According to the India Brand Equity Foundation (IBEF), the electronics market was valued at US$ 100 billion in 2017 and is expected to reach US$ 104 billion by 2020. Moreover, in 2017, the consumer durables electrical market was valued at US$ 21.70 billion and increased 13% in Q1 of 2018 and 16% in Q2 of 2018. Therefore, increasing adoption of housewares and appliances is expected to propel demand for TPEs during the forecast period.
However, high cost of TPE materials over conventional plastics, rubbers, and thermoset materials will restrict the use of TPE in case of fillers for products where large volume of materials are required at a low cost.
The global thermoplastic elastomers market was valued at US$ 22.57 billion in 2017 and is expected to register a CAGR of 6.1% in terms of revenue, over the forecast period (2018 – 2026), to reach US$ 37.03 billion by 2026.
Asia Pacific held dominant position in the thermoplastic elastomers market in 2017 and accounted for market share of 47.1%, owing to increasing demand from various industries such as automotive, packaging, medical, and others, with China, India, and Japan contributing the major revenue share in Asia Pacific thermoplastic elastomer market.
Furthermore, various key players are focused towards expanding the manufacturing of thermoplastic elastomers, which is a key factor driving growth of the thermoplastic elastomers market. For instance, in November 2018, DuPont announced that it is investing over US$ 80 million to build a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. This new facility will produce compounded high-end engineering plastics and adhesives to serve customers in transportation, electronics, industrial and consumer products markets. This planned site is expected to become operational in 2020 with expansion through 2023, thereby driving the overall TPE market growth in the Asia Pacific region.
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Players operating in the global thermoplastic elastomers market are adopting various growth strategies such as plant’s capacity expansion to cater to increasing demand for thermoplastic elastomers. For instance, in June 2018, Arkema Group announced plans to launch a new project by mid-2020, to increase the production capacity of ‘Polyamide 12’ by 25% in China. Also, in May 2018, Elastron Kimya SA announced plans to open its TPE manufacturing plant in Gainesville, U.S. The manufacturing of this plant would cost around US$ 10 million. It will promote its TPE brand in the U.S. and will attract new clients from the region.
Major players operating in the global thermoplastic elastomers market include DowDuPont Inc., Arkema Group, Asahi Kasei Corporation, PolyOne Corporation, Elastron Kimya SA, Kraton Corporation, Evonik Industries, and Covestro AG.
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Roofing Materials Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026
The global roofing materials market size is predicted to reach USD 151.49 billion by 2027, exhibiting a CAGR of 3.1% during the forecast period. The growing investment in commercial and residential buildings for renovation and restoration will spur opportunities for the market.
The global Roofing Materials Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.
This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.
Roofing Size market Driver:
Burgeoning Construction Industry to Back Massive Development
The model welfare government schemes for existing infrastructure and buildings will contribute massively to the growth of the market. The ongoing projects including residential, non-residential, and commercial building plans in the developing nations will influence the tremendous growth of the market. The rising consumer spending on manufactured products and services will have a progressive effect on the market during the forecast period. The growing proclivity about the prominence of roofs in the enhancement of building’s appeal will promote the growth of the market. For instance, roofs offer weatherproof protection against rain, heat snow, and other elements. The rising application of metal, EPDM, and built-up roofs in commercial buildings will enable speedy expansion of the market. In addition, the flourishing global construction industry will create lucrative opportunities for the market in the forthcoming years.
Key Development:
February 2019 – Brickability Group plc announced the acquisition of McCann Roofing Products Limited, a global leader of high-quality roofing products for the construction industry. The new development of the company will support its distribution network to serve the construction industry abundantly with innovative products.
Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/roofing-materials-market-102859
The Report Lists the key Companies in the Market:
Owens Corning (U.S.)
CertainTeed Corporation (U.S.)
Atlas Roofing Corporation (U.S.)
Braas Monier Building S.A. (U.K.)
Johns Manville (U.S.)
IKO Industries Ltd. (U.S.)
GAF Materials Corporation (U.S.)
TAMKO Building Products, Inc. (U.S.)
Carlisle Companies Incorporated (U.S.)
Firestone Building Products Company, LLC (U.S.)
Other Key Players
Rising Refurbishment Activities to Aid Expansion in Asia Pacific
The market in Asia Pacific generated a revenue of USD 44.61 Billion in 2019 and is predicted to grow rapidly during the forecast period. The growth in the region is attributed to the growing construction sector. The refurbishment activities of commercial and residential buildings in India and China will contribute positively to the growth of the market in the region. The surge in industrial operations and growing population will have a positive impact on the market. The expansion of various commercial spaces and offices will promote the growth of the market. In addition, the flourishing residential construction activities in India will enable the healthy growth of the market. For instance, the Indian government has announced a target of 20 million affordable houses by 2022. These factors together will favor the growth of the market in Asia Pacific.
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Ethylene propylene diene monomer (EPDM) market to reach ~ us$ 6.2 bn by 2027
Ethylene Propylene Diene Monomer (EPDM) Market: Key Highlights
The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period.
The global ethylene propylene diene monomer market is driven by the rise in the demand for EPDM in automotive applications such as rear-lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, and braking systems.
Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region.
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Key Drivers of the EPDM Market
Ethylene propylene diene monomer, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Ethylene propylene diene monomer is extensively employed in the automotive industry, owing to its chemical properties such as high temperature sustainability, and resistance to heat, harsh weather conditions, ozone, and steam.
Highly volatile prices of natural rubber is a major factor that has compelled rubber consumers across the globe to shift from natural rubber toward synthetic rubber such as ethylene propylene diene monomer.
Ethylene propylene diene monomer is widely used in the construction and civil engineering sector in applications such as mounting structures, bridge bearings, expansion joints, pipe couplings, water barriers, roofing membranes, rubberized asphalt, and concrete texturing.
Building & Construction Sector to Offer Attractive Opportunities
Ethylene propylene diene monomer is an extremely durable, synthetic-rubber, roofing membrane that is widely used in low-slope buildings across the globe. Its two primary ingredients, i.e. ethylene and propylene, are derived from oil and natural gas.
Ethylene propylene diene monomer is widely used in the building & construction industry, due to its properties such as resistance to cracks, water, and temperature. Thus, it is suitable to be used in roofing solutions in the construction industry.
Ethylene propylene diene monomer offers properties such as high electric resistance and excellent electric insulation. Thus, it is used in various applications in the electric industry. EPDM is widely employed in the manufacture of low- and medium-voltage cable insulations, wires, and submersible water pumps, due to its water-repellent property.
In the automotive industry, EPDM is used in hydraulic brake systems, wire and cable harnesses, tubing, window spacers, radiators, belts, weather stripping and seals, glass-run channels, and door, window, and trunk seals.
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High Risk of Substitution to Hamper EPDM Market Growth
The inert nature of EPDM, which reduces the adherence of the material when used in automotive and plastic applications, and high costs of installation of EPDM roofing systems are expected to hamper the demand for ethylene propylene diene monomer in these applications during the forecast period. Furthermore, ethylene propylene diene monomer exhibits unsatisfactory compatibility with most oils, kerosene, gasoline, aromatic and aliphatic hydrocarbons, concentrated acids, and halogenated solvents.
The above-mentioned disadvantages of EPDM augment the usage of other elastomers, including NBR, polyurethane-based, and HNBR elastomers, in various applications.
Furthermore, the oversupply of ethylene propylene diene monomer led by the rise in production capacities acts as a major restraining factor for players operating in the global ethylene propylene diene monomer market. EPDM remains oversupplied in Asia Pacific, with most plants in the region running at reduced pace. Major suppliers had to cut the prices of EDPM to boost buying sentiments. In China, ethylene propylene diene monomer prices have dropped by 8.5% since early October 2018, to reach US$ 2,150/ton on December 19, 2018.
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Asia Pacific a Prominent EPDM Market
Asia Pacific dominated the global ethylene propylene diene monomer market in 2018. Growth of the automotive industry in developing economies such as China and India is likely to propel the ethylene propylene diene monomer market in the region during the forecast period.
The ethylene propylene diene monomer market in North America is expected to expand at a significant pace during the forecast period, due to the high demand for lubricant additives, and rapid growth of the plastic, rubber, and automotive industries in the U.S. and Canada.
The demand for EPDM roofing is rising in Spain, Italy, the U.K., and countries in Western Europe, due to the increasing demand for waterproofing solutions for use in non-residential and commercial buildings in these countries.
Increasing demand for eco-friendly products as substitutes for PVC is projected to drive the TPE sector in North America. This, in turn, is likely to fuel the ethylene propylene diene monomer market in the region from 2019 to 2027.
Top Few Players Accounted for ~ 50% of EPDM Market Share in 2018
The global EPDM market is dominated by a few major players, and is consolidated in nature. The top six manufacturers - LANXESS AG, ExxonMobil Chemical Company, Kumho Polychem, Mitsui Chemicals, The Dow Chemical Company, and Lion Copolymer LLC - held ~ 70% of the market share in 2018. Other key companies that manufacture ethylene propylene diene monomer are Sumitomo Chemical Co. Ltd., Versalis S.p.A., SK Global Chemical Co. Ltd., and Johns Manville Inc.
In April 2015, Lanxess started production of EPDM at its new plant at Changzhou in the Jiangsu province of China. The new plant, with 160,000 tons of annual production capacity, is located in Changzhou Yangtze Riverside Industrial Park. The plant produces ten premium grades of EPDM, tailored to the requirements of customers in Asia, especially China. However, in 2016, Lanxess AG planned to stop the production of EPDM rubber at its facility in Marl, the U.K.
Companies in the Ethylene Propylene Diene Monomer (EPDM) market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.
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Impact Modifiers Market by Type (ABS, AIM, ASA, MBS, EPDM, CPE), By Application (PVC, Polyamide, Polyesters, Engineering Plastics), End-Use Industry (Packaging, Construction, Consumer Goods, Automotive), Region - Global Forecast to 2025 published on
https://www.sandlerresearch.org/impact-modifiers-market-by-type-abs-aim-asa-mbs-epdm-cpe-by-application-pvc-polyamide-polyesters-engineering-plastics-end-use-industry-packaging-construction-consumer-goods-automotiv.html
Impact Modifiers Market by Type (ABS, AIM, ASA, MBS, EPDM, CPE), By Application (PVC, Polyamide, Polyesters, Engineering Plastics), End-Use Industry (Packaging, Construction, Consumer Goods, Automotive), Region - Global Forecast to 2025
The impact modifiers market is projected to grow at a CAGR of 5.3% between 2020 and 2025
The global impact modifiers market size is estimated at USD 3.9 billion in 2020 and is projected to reach USD 5.0 billion by 2025, at a CAGR of 5.3% from 2020 to 2025.Rise in the demand for plastics, increase in replacement of conventional plastics with engineering plastics, and increase in urbanization and construction activities are driving the market for impact modifiers. However, the prohibition of PVC products across various end-use industries are expected to restrain the impact modifiers market.
Impact of COVID-19 outbreak on the impact modifiers market
The outbreak of COVID-19 has affected the market for impact modifiers, as most of the global companies operating in this market are based in the Asia Pacific, US, and European countries. These companies having their manufacturing units in China and other Asian countries are also severely affected. Therefore, disruptions in the supply chain have resulted in hampering production units due to a lack of raw materials and workforce. The market is estimated to witness negative growth until the third quarter of 2020. The lockdown in major countries due to this pandemic has also led to the shutdown of the production of plastic products.
The construction of residential& non-residential buildings and infrastructure has been a key factor in the development of various industries across countries. The COVID- 19 pandemic has had a detrimental impact on the global construction business. It has affected the supply and cost of material and labor, which are the key cost components of construction projects.Moreover,the automotive industry is also one of the major end-use industries that have been affected by COVID-19 pandemic. Some of the most affected regions are major production hubs and home to key links in the sector’s global supply chain. The spread of the pandemic to European and North American countries has led to a decrease in the demand for automobiles, and thus, their production.
PVC segment to lead the impact modifiers market between 2020 and 2025
PVC is the largest application segment of the impact modifiers market of the global impact modifiers market by application. The properties of PVC, such as lightweight, good mechanical strength, abrasion resistance and toughness, enable its use in various end-use industries, such as construction, electrical, automotive, and packaging.PVC is mainly used in pipes, windows, flooring, roofing, inflatable structures, and lighter structures. It contributes to the quality, cost-effectiveness, and safety of construction material.
MBS segment to be the fastest-growing segment in the impact modifiers market
Methacrylate-Butadiene-Styrene (MBS) segment is the fastest-growing segment of the market from 2020 to 2025. It is used to improve impact strength and comprehensive performance, mainly in PVC for transparent products. It is preferred to improve the performance of both rigid and soft PVC products such as impact strength, toughness, and tensile strength, and can be used in transparent products. The use of MBS improves transparency, weather resistance (UV & heat), and impact resistance in PVC, PC polyesters, epoxies, and other formulations. MBS are environment friendly, required in less quantity, and cost-effective, and also have high impact strength with no odor.
Packaging segment to be the largest segment in the impact modifiers market
Based on the end-use industry, the impact modifiers market is segmented into packaging, construction, automotive, consumer goods, and others. The others segment of impact modifiers includes agriculture, pharmaceutical, furniture, and sports.In terms of value, the packaging industry contributed the largest share of 33.8% to the impact modifiers market in 2019.The packaging industry includes various applications such as food, pharmaceutical, consumer goods, industrial, and other segments. Changing lifestyles of consumers with rising disposable income has increased the importance of plastics as packaging products.
The Asia Pacific region is expected to lead the global impact modifiers market during the forecast period
By region, Asia Pacific is estimated to account for the largest share of the global impact modifiers market in 2019. China, being one of the largest manufacturers and consumers of plastics, is expected to dominate the market in the APAC region owing to increasing demand from end-use applications such as packaging, automotive, construction, and consumer goods. Improved economic conditions in emerging countries have also led to the growth of the market in the region.
Breakdown of primary interviews for the report on the IMPACT MODIFIERS market
By Company Type – Tier 1– 16%, Tier 2–36%, and Tier 3–48%
By Designation – C-Level–12%, D-Level Executives – 28%,and Others–60%
By Region – Europe – 36%, North America – 28%,Asia Pacific – 20%, Middle East & Africa–12% and South America– 4%
Dow Inc. (US), Lanxess A.G. (Germany), Kaneka Corporation (Japan), Arkema S.A. (France), Mitsubishi Chemical Corporation (Japan), LG Chem Ltd. (South Korea), Shandong Ruifeng Chemical Co., Ltd. (China), Mitsui Chemicals, Inc. (Japan), Wacker Chemie AG (Germany), Formosa Plastics Corp. (Taiwan), Sundow Polymers Co., Ltd. (China), SI Group, Inc. (US), Akdeniz Kimya San. ve Tic. Inc. (Turkey), ), En-Door (China), Novista Group (China), and Indofil Industries Limited (India) and among others.
Research Coverage
The report covers the impact modifiers market by type (ABS, AIM, ASA, MBS, EPDM, CPE,and others),application (PVC, polyamides, polyester, engineering plastics, and others), end-use industry (packaging, construction, consumer goods, automotive and others) and by region.The study aims at estimating the size and future growth potential of the market across various segments. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.
Key Benefits of Buying the Report
From an insight perspective, this report focuses on various levels of analyses, such as industry analysis (industry trends) and company profiles. With these insights, the study discusses the basic views on the competitive landscape, emerging &high-growth segments, high-growth regions, drivers, restraints, opportunities, and challenges in the impact modifiers market.
The report provides insights on the following:
Market Penetration: Comprehensive information on various products of impact modifiers offered by top players operating in the market
Product Development/Innovation: Detailed insights into upcoming developments in the impact modifiers market, R&D activities, and new applications
Market Development: Comprehensive information about lucrative and emerging markets across different regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the impact modifiers market
Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the impact modifiers market
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Waterproofing Membranes Market 2017 COVID-19 Impact, Size, Growth Rate, Restraints, Driving Forces 2026
According to Stratistics MRC, the Global Waterproofing Membrane Market is accounted for $12.84 billion in 2017 and is expected to reach $100.10 billion by 2026 growing at a CAGR of 10.3% from 2017 to 2026. Some of the key factors such as growth in building & construction industry, rising demand in mining and increasing water and waste management industry are boosting the market growth. Moreover, growing need for water management activities will provide ample opportunities for market growth. However, price fluctuation of raw materials is restraining the market growth.
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Waterproofing membrane is a thin layer of water tight material applied continuously over a firm surface, so that water doesn’t pass through the membrane. Waterproofing is a necessary activity as it helps in maintaining the structural integrity of a foundation. Waterproofing membranes find a host of applications including roofs, wet rooms, water and sewage treatment plants, building foundation and retaining walls, balconies, stadium stands, parking areas, bridge decks, water tank linings, and tunnels.
By Application, Liquid Applied Membranes segment accounted for considerable market share during the forecast period due to its low cost and high efficiency. Liquid Applied Membranes offer, durability elongation and strength against harsh weather climate and is best suited for roofing. By Geography, Europe dominated the largest market share due to growing concerns about water and waste management drive the growth in this region.
Some of the key players profiled in the Waterproofing Membrane market include SIKA AG, Saint-Gobain, Paul Bauder, Mapei, Johns Manville, GAF Materials Corporation, Fosroc, Dow Chemcial, BASF, Kemper System America, Inc., Pidilite Industries Ltd, DuPont, Alchimica Building Chemicals, CICO Technologies Limited and Maris Polymers.
Raw Materials Covered:
• Ethylene Propylene Diene Monomer (EPDM)
• Modified Bitumen
• Low-density Polyethylene (LDPE)
• Polyvinyl Chloride (PVC)
• Thermoplastic Olefin(TPO)
• High-density Polyethylene (HDPE)
• Cementitious
• Polyacrylic
• Polyurethane
• Bitumen
• PU Blend Acrylic
• Polymer Modified Cement
• Other Raw Materials
Types Covered:
• Sheet Membranes
• Liquid Applied Membranes
Applications Covered:
• Roofing & Walls
• Building Structures
• Waste & Water Management
• Pool
• Tunnel Liners
• Bridges & Highways
• Landfills & Tunnels
• Car Park Deck &Terrace
• Basement
• Wet area
• Mining Application
• Other Applications
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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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EPDM Market - Industrial Forecast on Global Industry Analysis and Trends till 2027
Ethylene Propylene Diene Monomer (EPDM) Market: Key Highlights
· The global ethylene propylene diene monomer (EPDM) market was valued at ~ US$ 3.8 Bn in 2018, and is anticipated to expand at a CAGR of ~ 6% during the forecast period.
· The global ethylene propylene diene monomer market is driven by the rise in the demand for EPDM in automotive applications such as rear-lamp gaskets, hoses, tire sidewalls, inner tire tubes, front and rear bumpers, and braking systems.
· Asia Pacific accounts for a major share of the global ethylene propylene diene monomer market, led by an increase in the demand for EPDM for use in thermoplastics modification in the region.
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Key Drivers of the EPDM Market
· Ethylene propylene diene monomer, a type of synthetic rubber, is primarily used in automotive, roofing, and plastic modification applications. Ethylene propylene diene monomer is extensively employed in the automotive industry, owing to its chemical properties such as high temperature sustainability, and resistance to heat, harsh weather conditions, ozone, and steam.
· Highly volatile prices of natural rubber is a major factor that has compelled rubber consumers across the globe to shift from natural rubber toward synthetic rubber such as ethylene propylene diene monomer.
· Ethylene propylene diene monomer is widely used in the construction and civil engineering sector in applications such as mounting structures, bridge bearings, expansion joints, pipe couplings, water barriers, roofing membranes, rubberized asphalt, and concrete texturing.
Building & Construction Sector to Offer Attractive Opportunities
· Ethylene propylene diene monomer is an extremely durable, synthetic-rubber, roofing membrane that is widely used in low-slope buildings across the globe. Its two primary ingredients, i.e. ethylene and propylene, are derived from oil and natural gas.
· Ethylene propylene diene monomer is widely used in the building & construction industry, due to its properties such as resistance to cracks, water, and temperature. Thus, it is suitable to be used in roofing solutions in the construction industry.
· Ethylene propylene diene monomer offers properties such as high electric resistance and excellent electric insulation. Thus, it is used in various applications in the electric industry. EPDM is widely employed in the manufacture of low- and medium-voltage cable insulations, wires, and submersible water pumps, due to its water-repellent property.
· In the automotive industry, EPDM is used in hydraulic brake systems, wire and cable harnesses, tubing, window spacers, radiators, belts, weather stripping and seals, glass-run channels, and door, window, and trunk seals.
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High Risk of Substitution to Hamper EPDM Market Growth
· The inert nature of EPDM, which reduces the adherence of the material when used in automotive and plastic applications, and high costs of installation of EPDM roofing systems are expected to hamper the demand for ethylene propylene diene monomer in these applications during the forecast period. Furthermore, ethylene propylene diene monomer exhibits unsatisfactory compatibility with most oils, kerosene, gasoline, aromatic and aliphatic hydrocarbons, concentrated acids, and halogenated solvents.
· The above-mentioned disadvantages of EPDM augment the usage of other elastomers, including NBR, polyurethane-based, and HNBR elastomers, in various applications.
· Furthermore, the oversupply of ethylene propylene diene monomer led by the rise in production capacities acts as a major restraining factor for players operating in the global ethylene propylene diene monomer market. EPDM remains oversupplied in Asia Pacific, with most plants in the region running at reduced pace. Major suppliers had to cut the prices of EDPM to boost buying sentiments. In China, ethylene propylene diene monomer prices have dropped by 8.5% since early October 2018, to reach US$ 2,150/ton on December 19, 2018.
Asia Pacific a Prominent EPDM Market
· Asia Pacific dominated the global ethylene propylene diene monomer market in 2018. Growth of the automotive industry in developing economies such as China and India is likely to propel the ethylene propylene diene monomer market in the region during the forecast period.
· The ethylene propylene diene monomer market in North America is expected to expand at a significant pace during the forecast period, due to the high demand for lubricant additives, and rapid growth of the plastic, rubber, and automotive industries in the U.S. and Canada.
· The demand for EPDM roofing is rising in Spain, Italy, the U.K., and countries in Western Europe, due to the increasing demand for waterproofing solutions for use in non-residential and commercial buildings in these countries.
· Increasing demand for eco-friendly products as substitutes for PVC is projected to drive the TPE sector in North America. This, in turn, is likely to fuel the ethylene propylene diene monomer market in the region from 2019 to 2027.
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Top Few Players Accounted for ~ 50% of EPDM Market Share in 2018
The global EPDM market is dominated by a few major players, and is consolidated in nature. The top six manufacturers - LANXESS AG, ExxonMobil Chemical Company, Kumho Polychem, Mitsui Chemicals, The Dow Chemical Company, and Lion Copolymer LLC - held ~ 70% of the market share in 2018. Other key companies that manufacture ethylene propylene diene monomer are Sumitomo Chemical Co. Ltd., Versalis S.p.A., SK Global Chemical Co. Ltd., and Johns Manville Inc.
· In April 2015, Lanxess started production of EPDM at its new plant at Changzhou in the Jiangsu province of China. The new plant, with 160,000 tons of annual production capacity, is located in Changzhou Yangtze Riverside Industrial Park. The plant produces ten premium grades of EPDM, tailored to the requirements of customers in Asia, especially China. However, in 2016, Lanxess AG planned to stop the production of EPDM rubber at its facility in Marl, the U.K.
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Global Roofing Membranes Market is projected to grow USD 21.60 billion by 2024, exhibiting a CAGR of 10.25% | TechSci Research
Increasing construction activities in regions such as Asia-Pacific and North America coupled with growing demand for faster and lighter construction roofing materials such as TPO in Europe and North America to drive global roofing membranes market through 2024
According to TechSci Research report, “Global Roofing Membranes Market By Product Type, By Installation Type, By End-User Industry, By Region, Competition, Forecast & Opportunities, 2024”, global roofing membranes market is forecast to reach $ 21.60 billion by 2024. Roofing membranes are seals that are covered around building roofs and tanks, generally laid in big sheets. Roofing materials such as EPDM and TPO are anticipated to be the leading segments during the forecast period, owing to the durability and stability they provide to membrane. The market for roofing membranes is driven by cost-effectiveness and efficiency of waterproofing membranes, government policies related to public infrastructure growth and rising population, which is leading to growing number of residential construction projects in developing countries. On the other hand, fluctuating prices of raw materials are hampering the growth of global roofing membranes market.
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Considering the roofing membranes market at the regional level, Asia-Pacific is expected to emerge as the fastest growing market for roofing membranes during the forecast period. On the other hand, North America roofing membranes market, which dominated the global market in 2018, is expected to maintain its market dominance in coming years, backed by use of faster and lightweight construction techniques and growing construction industry in countries such as Canada, US and Mexico.
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“Rapid industrialization and rising construction activities are anticipated to further propel the demand for roofing membranes across the globe. Moreover, emerging economies continue to account for a considerable share of the global roofing membranes market, resulting in lucrative growth opportunities for market players. Additionally, Middle Eastern countries like Saudi Arabia, UAE and South Africa are expected to contribute to the growth of the market, owing to growing demand for roofing membranes.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
““Global Roofing Membranes Market By Product Type, By Installation Type, By End-User Industry, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global roofing membranes market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in global roofing membranes market.
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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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#Roofing Membranes Market#global Roofing Membranes Market#Roofing Membranes Market share#Roofing Membranes Market size#Roofing Membranes Market demand#Roofing Membranes Market forecast#Roofing Membranes Market 2019#Roofing Membranes Market research report#us Roofing Membranes Market#Roofing Membranes Market analysis
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Waterproofing Chemicals Market Size- Growth Drivers, Covid-19 Analysis, Opportunities and Forecast Analysis to 2023
Market Overview
Waterproofing chemicals are used to prevent damage to the structure caused by water clogging and seepage when exposed to extreme weather condition such as heavy rains. It helps to enhance the durability and life of an edifice. Waterproofing chemicals are widely used in the construction industry either in the form of an emulsion or as a waterproofing membrane. The global waterproofing chemicals market is estimated to reach USD 32,915.00 million by 2023 and is expected to grow at a CAGR of 9.86% during the forecast period. The prominent factors favoring the growth of the market are growing demand for waterproofing chemicals from rapidly increasing construction and infrastructural activities in developing countries and growing demand for the waterproofing chemicals from roofing and walls application. However, the growth trajectory of the market is likely to be hampered by the cost-sensitive nature of the market owing to the fluctuating crude oil prices and price-conscious consumers, especially, in developing countries. Nevertheless, in coming years, the scope of the application for the waterproofing chemicals is likely to widen with its rising use in landfill and water management applications.
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Segment Analysis:
The Global Waterproofing Chemicals Market Size has been segmented on the basis of type, application, and region. On the basis of the type, the market has been classified into bitumen, PVC, TPO, and EPDM, among others. Other waterproofing chemicals include polyurethane, silicone, polyethylene, and acrylic polymer. Among these types, bitumen held the largest share of the market in 2016 and is estimated to reach USD 17192.83 million by 2023. This is attributed to easy availability and lower price of the bitumen as compared to its counterparts. However, TPO has been estimated to grow at the highest CAGR owing to its maximum recyclability and lower environmental impact.
Based on the applications, the global waterproofing chemicals market is segmented into roofing, walls, flooring, basement, tunneling, and others. Among these applications, the roofing and walls together hold over 50% share of the market due to higher vulnerability of the roof and walls to the rainwater. During the years to follow, the roofing application segment is projected to retain its dominance and is estimated to grow at the highest CAGR of 11.35% to reach USD 12640.80 million by the end of the review period.
Key Players
· Sika AG (Switzerland)
· BASF SE (Germany)
· DowDuPont (The U.S.)
· Wacker Chemie AG (Germany)
· RPM International Inc. (The U.S.)
· Pidilite Industries Ltd. (India)
· Mapei S.p.A (Italy)
· Carlisle Companies Inc. (The U.S.)
· Fosroc (U.K)
· Drizoro S.A.U. (Spain)
· Conpro Chemicals Pvt. Ltd (India)
· Soprema Inc. (The U.S.)
Regional Analysis:
The Global Waterproofing Chemicals Market is spanned across Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. As per MRFR analysis, Asia Pacific is likely to dominate the global market during the forecast period. In 2016, the region accounted for the largest share of the market and is estimated to grow at a CAGR of 10.88%. Asia Pacific market is followed by North America, which was accounted for the second largest waterproofing chemicals market in the globe as of 2016. The U.S. is dominating the market on account of growing demand from surging reconstruction activities in the country. The region is estimated to reach USD 7,201.60 million by the end of 2023. Europe is a substantial region in the market, which accounted for 17% share of the market as of 2016. Country wise, China is the leading in the global waterproofing chemicals market, in terms of value and volume.
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Ethylene-propylene Copolymers Market Trends and Prospects by 2027
Global Ethylene-propylene Copolymers Market: Introduction
Ethylene-propylene copolymers are amorphous, random, and rubbery polymers obtained from the polymerization of monomers by using Ziegler–Natta catalyst. These are synthetic rubbers having both specialty and general-purpose applications.
Ethylene-propylene copolymers, also called ethylene-propylene rubbers, are valuable due to their excellent resistance to heat, oxidation, ozone, and weathering, owing to their stable and saturated polymer backbone structure
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Ethylene-propylene copolymers are non-polar elastomers that have good electric resistivity as well as resistance to polar solvents such as water, acids, alkalis, phosphate esters, ketones, and alcohols
Ethylene-propylene copolymers are produced by using the metallocene-based manufacturing process and they have narrow molecular weight distribution. The narrow molecular weight distribution provides these copolymers with a defined melting point and high degree of purity.
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Most manufacturers operating in the global ethylene-propylene copolymers market offer ethylene-propylene copolymers for use in modification of rubbers and polyolefins. Ethylene-propylene copolymers are used as base polymers in thermoplastic adhesive systems. Another key application of these copolymers lies in the production of bitumen and TPO roofing membranes.
Key end-user industries of ethylene-propylene copolymers include building & construction, automotive, and electrical & electronics (E&E). Ethylene-propylene diene monomers (EPDMs) are preferably used in electric insulation, gaskets, and for lamination.
Demand for ethylene-propylene diene monomers is rising. Owing to environment-related issues in developed countries in Europe, manufacturers are striving to produce innovative products. This, in turn, increases the demand for ethylene-propylene copolymers.
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Rising Demand for Ethylene-propylene Copolymers in Automobile Industry
Increasing demand for ethylene-propylene copolymers in the global automobile industry is considered a key factor driving the global ethylene-propylene copolymers market
Ethylene-propylene copolymers are used in the production of automotive weather-stripping and seals. These copolymers are used as a supplement in motor oils. They are also used in the manufacture of engine mounts, brake parts, and windshield wipers.
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Increase in the demand for industrial rubber for use in the manufacture of tires is another key factor fueling the demand for ethylene-propylene copolymers
Research and development activities in automobile and automobile components industries are projected to revolutionize the global automobile rubber-molded components industry in the near future. Innovations (such as eco-friendly rubber components by using soy oil) and research labs trying to come up with better and durable rubber materials (such as EPDM) are anticipated to drive the demand for ethylene-propylene copolymers during the forecast period.
Increase in the demand for lightweight automotive components for producing highly fuel efficient automobiles is likely to augment the global ethylene-propylene copolymers market during the forecast period
Asia Pacific to Lead Global Ethylene Propylene Copolymers Market
In terms of region, the global ethylene-propylene copolymers market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific accounts for a significant share of the global ethylene-propylene copolymers market, with the rising demand from the tire manufacturing sector in the region. With changing lifestyle and increasing purchasing power of people in the region, especially in China and India, vehicle sales are on the rise. China, India, Japan, and Malaysia are considered major markets for ethylene-propylene copolymers.
End-user industries such as building & construction, industrial manufacturing, and electrical & electronics are also witnessing high demand for ethylene-propylene copolymers
Increase in the demand for EPDMs (ethylene-propylene diene monomers), rising adoption of growth strategies, and increasing efforts for expansion are some of the major factors driving the ethylene-propylene diene monomers market in developing economies of Asia Pacific
Key Players Operating in Global
The global ethylene-propylene copolymers market is fragmented in nature, with the presence of various small, medium, and major players in the market. Prominent players operating in the global ethylene-propylene copolymers market are entering into partnerships for the development of advanced technologies for use in the production of ethylene-propylene copolymers.
Key players operating in the global ethylene-propylene copolymers market are:
ExxonMobil Corporation
JSR Corporation
LANXESS AG
Royal DSM
The Dow Chemical Company
Mitsui Chemicals
Sumitomo Chemical Co.
Crompton Corporationa
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