市場調查報告書
商品編碼
1505179
全球液體應用膜市場 2024-2031Global Liquid Applied Membranes Market 2024-2031 |
液體應用膜市場預計在預測期內(2024-2031)將以 8.2% 的複合年成長率成長。液體塗覆膜 (LAM) 因其更大的靈活性、一致性、無縫應用、更快的應用時間、更容易的維修和更低的生命週期成本而成為建築業流行的防水材料。它們符合不規則的形狀和表面,消除了接縫處的洩漏,節省了時間和勞動力成本,並且與傳統方法相比,生命週期成本更低。
市場動態
Global Liquid Applied Membranes Market Size, Share & Trends Analysis Report by Type (Polyurethane, Cementitious, Bituminous, and Other) by Application (Roofing, Walls, Underground and Tunnels, and Other) Forecast Period (2024-2031)
Liquid applied membranes market is anticipated to grow at a CAGR of 8.2% during the forecast period (2024-2031). Liquid applied membranes (LAMs) are a popular waterproofing material in the construction industry due to their greater flexibility, conformability, seamless application, faster application times, easier repairs, and lower life-cycle costs. They conform to irregular shapes and surfaces, eliminating leaks at seams, saving time and labor costs, and offering lower life-cycle costs compared to traditional methods.
Market Dynamics
Technological Advancements
The ongoing developments in material science are leading to new and improved liquid-applied membranes with enhanced performance. These advancements include better UV resistance, improved chemical resistance, and even fire resistance. The growing adoption of these membranes in end-user industries owing to its offered technological advancements is a key factor driving the growth of the global liquid applied membranes market.
Increasing Sustainability Focus
Liquid-applied membranes are often viewed as a more sustainable solution than traditional methods. They can be VOC-free and solvent-free, and they can contribute to energy efficiency by improving building thermal performance. Therefore, the growing focus of builders on using eco-friendly materials in buildings is anticipated to drive the growth of the global LAM market.
Market Segmentation
Polyurethane is Projected to Hold the Largest Segment
The polyurethane segment is expected to hold the largest share of the market. The primary factors supporting the growth include elongation, high flexibility, and durability with UV resistance, which are highly suitable for rooftops, balconies, and exposed areas. ISOMAT S.A. offers a polyurethane liquid membrane that creates a continuous, elastic membrane with excellent mechanical strength, without joints or seams and is used for both total sealing of flat roof surfaces and for local waterproofing of cracks. It may be applied to all common flat roof substrates, such as concrete, cement mortar, terrazzo, and others. The availability of such products is further aiding high growth in this market segment.
Roofing Segment to Hold a Considerable Market Share
The roofing segment is expected to hold a considerable share of the market. The factors supporting segment growth include increasing adoption of liquid-applied membranes, or LAMs, which provide an impermeable, seamless barrier that successfully prevents water from penetrating through the roof and causing damage to the interior of the building. If moisture seeps through the roof, it may build up inside the building and create an environment that is favorable to rot, decay, and the development of mold and mildew. By reducing the possibility of moisture-related issues and preserving the structural integrity of the roof and the building, LAMS provides a solid waterproofing defense. Tropical climes and areas with restricted land areas benefit most from green roofs. Furthermore, rooftop greenery promotes soil-less agriculture and helps achieve sustainable development goals, both of which advance environmental sustainability.
The global liquid applied membrane market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific Holds Major Market Share
Asia-Pacific holds a significant share owing to numerous prominent liquid-applied membrane companies and providers such as GAF Materials Corp., MAPEI Corp., and Pidilite Industries Ltd. in the region. The expansion of the market in the region is driven by increasing demand for liquid-applied membranes owing to the growing investments made in infrastructure projects, including public infrastructure, residential complexes, and commercial structures. For instance, Bronco Buildsmart LLP offers Bronco Cemcoat P Membrane for a primer on steel or concrete substrates. Protective coating of concrete structures and protection of galvanized iron in a corrosive environment.
The major companies serving the global liquid applied membranes market include H.B. Fuller Company, Sika AG, Bostik Ltd., Dow, Inc., and Henry Corp., among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions among others to stay competitive.
Recent Development