Liquid Applied Membranes Market by Type (Bituminous, Elastomeric, Cementitious), Application (Roofing, Walls, Building Structures, Roadways), End-Use Industry (Residential, Commercial, Public Infrastructure), and Region - Global Forecast to 2025
The global liquid applied membranes (LAMs) market size is expected to grow from USD 18.5 billion in 2020 to USD 24.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period. The LAMs market is driven by various factors, such as high demand from the construction, growing demand for energy-efficient buildings, and increasing water management activities in APAC. However, the availability of sheet based membranes can hinder the growth of the market for specific applications.
The elastomeric membranes segment is expected to grow at a higher CAGR during the forecast period
The elastomeric membranes segment is the fastest-growing in the LAMs market. The LAMs market has been categorized as elastomeric membranes, bituminous membranes, and cementitious membranes. Elastomeric membranes seamless, highly weather-resistant, highly flexible, and highly elastic waterproofing membrane. They also have excellent adhesion to a substrate and good UV resistance. These membranes are used in applications, such as roofs, balconies, and terraces.
The residential construction end-use industry is expected to hold the largest market share during the forecast period
Residential projects include the construction of houses, townhouses, cottages, condominiums, apartment buildings, driveways, sidewalks, wet rooms, basements, foundations, drainage systems, and others. LAMs help meet sustainability, waterproofing, ozone resistance, and thermal shock durability needs in these residential projects.
Rapidly growing population, urbanization, and improving standards of living are driving the demand for residential construction. This will boost the growth of residential construction, which, in turn, drives the LAMs market.
APAC is expected to record the highest growth rate during the forecast period
APAC is expected to have the highest growth rate during the forecast period due to the increasing developments related to the construction sector. The high growth of population in China, India, South Korea, Indonesia, and other countries provide huge opportunities for the construction sector of APAC. This will further drive the LAMs market in the region.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the LAMs marketplace.
Research Coverage:
The market study covers the LAMs market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as provider, application, organization size, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants with the closest approximations of the LAMs market revenue and its sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The elastomeric membranes segment is expected to grow at a higher CAGR during the forecast period
The elastomeric membranes segment is the fastest-growing in the LAMs market. The LAMs market has been categorized as elastomeric membranes, bituminous membranes, and cementitious membranes. Elastomeric membranes seamless, highly weather-resistant, highly flexible, and highly elastic waterproofing membrane. They also have excellent adhesion to a substrate and good UV resistance. These membranes are used in applications, such as roofs, balconies, and terraces.
The residential construction end-use industry is expected to hold the largest market share during the forecast period
Residential projects include the construction of houses, townhouses, cottages, condominiums, apartment buildings, driveways, sidewalks, wet rooms, basements, foundations, drainage systems, and others. LAMs help meet sustainability, waterproofing, ozone resistance, and thermal shock durability needs in these residential projects.
Rapidly growing population, urbanization, and improving standards of living are driving the demand for residential construction. This will boost the growth of residential construction, which, in turn, drives the LAMs market.
APAC is expected to record the highest growth rate during the forecast period
APAC is expected to have the highest growth rate during the forecast period due to the increasing developments related to the construction sector. The high growth of population in China, India, South Korea, Indonesia, and other countries provide huge opportunities for the construction sector of APAC. This will further drive the LAMs market in the region.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the LAMs marketplace.
- By Company Type - Tier 1: 30%, Tier: 40%, and Tier 3: 30%
- By Designation - C Level: 30%, Directors: 50%, Others: 20%
- By Region – APAC: 40%, Europe: 30%, North America: 10%, South America:10%, and Middle East & Africa: 10%
Research Coverage:
The market study covers the LAMs market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as provider, application, organization size, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants with the closest approximations of the LAMs market revenue and its sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 Objectives of the Study
1.2 Market Definition
1.3 Inclusions & Exclusions
1.4 Market Scope
1.4.1 Market segmentation
1.4.2 Regions covered
1.4.3 Years considered for the study
1.5 Currency
1.6 Unit Considered
1.7 Summary of Changes
2 RESEARCH METHODOLOGY
2.1 Research Data
FIGURE 1 Liquid applied membranes market: Research design
2.1.1 Secondary data
2.1.1.1 Key data from secondary sources
2.1.1.2 Liquid applied membranes market analysis through secondary interviews
2.1.2 Primary data
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 Market Size Estimation
2.2.1 Bottom-up approach
FIGURE 2 Liquid applied membranes market: Bottom-up approach
2.2.2 Top-down approach
FIGURE 3 Liquid applied membranes market: Top-down approach
2.3 Data Triangulation
FIGURE 4 Liquid applied membranes market: Data triangulation
2.4 Limitations
2.5 Assumptions
3 EXECUTIVE SUMMARY
FIGURE 5 Elastomeric membranes dominated the market in 2019
FIGURE 6 Residential end-use industry to dominate the market during
the forecast period
FIGURE 7 APAC accounted for the largest market share in 2019
4 PREMIUM INSIGHTS
4.1 Attractive Opportunities in the Liquid Applied Membranes Market
FIGURE 8 High growth projected in the market during the forecast period
4.2 Liquid Applied Membranes Market, by Type
FIGURE 9 Elastomeric membranes to register the highest growth during the forecast period
4.3 Liquid Applied Membranes Market, by End-use Industry
FIGURE 10 Residential construction to be the largest end-use industry of liquid applied membranes
4.4 Liquid Applied Membranes Market, by Country
FIGURE 11 India to register the highest CAGR in the global market
4.5 APAC: Liquid Applied Membranes Market, by End-Use Industry and
Country, 2019
FIGURE 12 Residential construction segment and China accounted for largest shares
5 MARKET OVERVIEW
5.1 Introduction
5.2 Market Dynamics
FIGURE 13 Liquid applied membranes market: Drivers, restraints, opportunities, and challenges
5.2.1 Drivers
5.2.1.1 Increasing spending on infrastructure development
5.2.1.2 Growing requirement of water management activities in the APAC region
5.2.2 Restraints
5.2.2.1 Availability of substitutes, such as sheet membranes, for large-scale, open surfaces
5.2.3 Opportunities
5.2.3.1 Growing demand for energy-efficient buildings and green roofs
5.2.4 Challenges
5.2.4.1 Fluctuations in raw material prices
5.3 Impact of COVID-19 on the Liquid Applied Membranes Market
5.3.1 COVID-19
5.3.2 Confirmed cases and deaths, by geography
FIGURE 14 Pace of global propagation of COVID-19 is unprecedented
5.3.3 Impact on application and end-use industries
5.4 Porter’s Five Forces Analysis
FIGURE 15 Porter’s five forces analysis of the liquid applied membranes market
5.4.1 Threat from substitutes
5.4.2 Bargaining power of suppliers
5.4.3 Threat from new entrants
5.4.4 Bargaining power of buyers
5.4.5 Intensity of competitive rivalry
5.5 Raw Material Analysis
5.5.1 Bituminous membranes
5.5.2 Elastomeric membranes
5.5.2.1 Acrylic
5.5.2.2 Polyurethane
5.5.3 Cementitious membranes
5.6 Value Chain Analysis
FIGURE 16 Value chain analysis
5.7 Adjacent/Related Markets
5.7.1 Introduction
5.7.2 Limitations
5.7.3 Market ecosystem and interconnected markets
5.7.4 Roofing market
5.7.4.1 Market definition
5.7.4.2 Market overview
5.7.5 Roofing market, by type
TABLE 1 Roofing market size, by type, 2014–2026 (USD Billion)
5.7.5.1 Materials
5.7.5.2 Chemicals
5.7.6 Roofing market, by application
TABLE 2 Roofing market size, by application, 2014–2026 (USD Billion)
5.7.6.1 Residential
5.7.6.2 Commercial
5.7.6.3 Non-residential
5.7.6.4 Other applications
5.7.7 Roofing market, by region
TABLE 3 Roofing market size, by region, 2014–2026 (USD Billion)
5.7.7.1 North America
5.7.7.2 Europe
5.7.7.3 APAC
5.7.7.4 South America
5.7.7.5 Middle East & Africa
5.8 Macroeconomic Indicators
5.8.1 Global GDP trends and construction industry statistics
TABLE 4 Projected GDP percentage change of key countries, 2018–2021
TABLE 5 Industry (including construction) value-added statistics, by country, 2018, (USD Million)
6 LIQUID APPLIED MEMBRANES MARKET, BY TYPE
6.1 Introduction
FIGURE 17 Elastomeric membranes segment to witness the highest growth during the forecast period
TABLE 6 LAMs market size, by type, 2018–2025 (USD Million)
TABLE 7 LAMs market size, by type, 2018–2025 (Million Square Meters)
6.2 Elastomeric Membranes
6.2.1 Elastomeric membranes to account for the largest share of the market
6.2.1.1 Acrylic membranes
6.2.1.2 Polyurethane membranes
6.2.1.3 PMMA membranes
6.3 Bituminous Membranes
6.3.1 Low cost and easy availability to boost their demand
6.4 Cementitious Membranes
6.4.1 Demand for these membranes is expected to remain stagnant due to their low quality
7 LIQUID APPLIED MEMBRANES MARKET, BY APPLICATION
7.1 Introduction
7.2 Roofing
7.2.1 Benefits provided by green roofing provide huge untapped opportunities for market growth
7.3 Walls
7.3.1 Improved energy efficiency to drive growth in this market segment
7.4 Building Structures
7.4.1 Need for below-ground structure protection to propel market growth
7.5 Roadways
7.5.1 Increasing infrastructural activities to drive market growth
7.6 Other Applications
8 LIQUID APPLIED MEMBRANES MARKET, BY END-USE INDUSTRY
8.1 Introduction
FIGURE 18 Residential construction to be the largest end-use industry for LAMs
TABLE 8 LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 9 LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
8.2 Residential Construction
8.2.1 Residential construction holds the largest market share
TABLE 10 LAMs market size in residential construction, by region, 2018–2025 (USD Million)
TABLE 11 LAMs market size in residential construction, by region, 2018–2025 (Million Square Meters)
8.3 Commercial Construction
8.3.1 Increasing demand for commercial infrastructure will boost the market growth
TABLE 12 LAMs market size in commercial construction, by region, 2018–2025 (USD Million)
TABLE 13 LAMs market size in commercial construction, by region, 2018–2025 (Million Square Meters)
8.4 Public Infrastructure
8.4.1 Increasing population, urbanization, and industrialization are driving the growth of the public infrastructure sector
TABLE 14 LAMs market size in public infrastructure, by region, 2018–2025 (USD Million)
TABLE 15 LAMs market size in public infrastructure, by region, 2018–2025 (Million Square Meters)
9 LIQUID APPLIED MEMBRANES MARKET, BY REGION
9.1 Introduction
FIGURE 19 APAC to be the largest and fastest-growing LAMs market
TABLE 16 LAMs market size, by region, 2018–2025 (USD Million)
TABLE 17 LAMs market size, by region, 2018–2025 (Million Square Meters)
9.2 APAC
FIGURE 20 APAC: LAMs market snapshot
TABLE 18 APAC: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 19 APAC: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 20 APAC: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 21 APAC: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 22 APAC: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 23 APAC: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.1 China
9.2.1.1 Rapid development of prefabricated buildings in the country is influencing the LAMs market
TABLE 24 China: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 25 China: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.2 India
9.2.2.1 Infrastructure development in the country is driving the growth of the LAMs market
TABLE 26 India: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 27 India: LAMs market size, by end-use industry, –2025 (Million Square Meters)
9.2.3 Japan
9.2.3.1 Redevelopment activities in the country will boost the market
TABLE 28 Japan: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 29 Japan: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.4 Australia
9.2.4.1 Rise in construction projects to drive the LAMs market
TABLE 30 Australia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 31 Australia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.5 Indonesia
9.2.5.1 Government initiatives for the development of the construction industry will drive the LAMs market
TABLE 32 Indonesia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 33 Indonesia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.6 South Korea
9.2.6.1 Government investments will boost the market growth in South Korea
TABLE 34 South Korea: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 35 South Korea: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.7 Thailand
9.2.7.1 Growth of the country’s construction industry to support market growth
TABLE 36 Thailand: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 37 Thailand: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.8 Rest of APAC
TABLE 38 Rest of APAC: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 39 Rest of APAC: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3 Europe
FIGURE 21 Europe: LAMs market snapshot
TABLE 40 Europe: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 41 Europe: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 42 Europe: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 43 Europe: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 44 Europe: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 45 Europe: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.1 Germany
9.3.1.1 Infrastructure developments in the country will drive the LAMs market
TABLE 46 Germany: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 47 Germany: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.2 France
9.3.2.1 Government focus on construction projects to drive the market
TABLE 48 France: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 49 France: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.3 UK
9.3.3.1 Government spending on construction and infrastructural activities will drive the LAMs market
TABLE 50 UK: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 51 UK: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.4 Italy
9.3.4.1 Wastewater treatment and road linking projects will lead to the growth of the Italian market
TABLE 52 Italy: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 53 Italy: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.5 Spain
9.3.5.1 Recovery of infrastructural projects is expected to boost the growth of the LAMs market
TABLE 54 Spain: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 55 Spain: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.6 Russia
9.3.6.1 Government policies to support the construction industry and drive demand for LAMs in Russia
TABLE 56 Russia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 57 Russia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.7 Rest of Europe
TABLE 58 Rest of Europe: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 59 Rest of Europe: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4 North America
FIGURE 22 North America: LAMs market snapshot
TABLE 60 North America: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 61 North America: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 62 North America: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 63 North America: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 64 North America: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 65 North America: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4.1 US
9.4.1.1 The US is a hub of technology and advanced infrastructure
TABLE 66 US: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 67 US: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4.2 Canada
9.4.2.1 Government initiatives for the construction sector will boost product demand
TABLE 68 Canada: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 69 Canada: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4.3 Mexico
9.4.3.1 Increased foreign investments to boost the LAMs market
TABLE 70 Mexico: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 71 Mexico: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5 Middle East & Africa
TABLE 72 Middle East & Africa: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 73 Middle East & Africa: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 74 Middle East & Africa: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 75 Middle East & Africa: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 76 Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 77 Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5.1 Saudi Arabia
9.5.1.1 Increasing construction activity will boost the growth of the market
TABLE 78 Saudi Arabia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 79 Saudi Arabia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5.2 UAE
9.5.2.1 Growth of renewable energy is expected to spur the demand for LAMs
TABLE 80 UAE: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 81 UAE: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5.3 Rest of Middle East & Africa
TABLE 82 Rest of Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 83 Rest of Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6 South America
TABLE 84 South America: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 85 South America: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 86 South America: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 87 South America: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 88 South America: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 89 South America: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6.1 Brazil
9.6.1.1 Government initiatives to support the construction sector is expected to spur the demand for LAMs
TABLE 90 Brazil: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 91 Brazil: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6.2 Argentina
9.6.2.1 Recovery of Argentina’s economy to favor the growth of the
LAMs market
TABLE 92 Argentina: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 93 Argentina: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6.3 Rest of South America
TABLE 94 Rest of South America: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 95 Rest of South America: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
10 COMPETITIVE LANDSCAPE
10.1 Overview
FIGURE 23 Companies adopted mergers & acquisition as key growth strategies during 2017–2020
10.2 Market Evaluation Framework
10.3 Market Share, 2019
FIGURE 24 Top five companies account for the dominant market share, with
Sika being the largest player in 2019
10.4 Market Ranking
FIGURE 25 Market ranking of key players
10.5 Key Market Developments
10.5.1 Mergers & acquisitions
TABLE 96 Mergers & acquisitions, 2017–2020
10.5.2 Investments & expansions
TABLE 97 Investments & expansions, 2017–2020
11 COMPANY EVALUATION MATRIX AND COMPANY PROFILES
11.1 Company Evaluation Matrix Definitions and Methodology
11.1.1 Stars
11.1.2 Emerging leaders
11.1.3 Pervasive
11.1.4 Participants
FIGURE 26 Liquid applied membranes market: Company evaluation matrix, 2019
11.1.5 Product portfolio analysis
FIGURE 27 Product portfolio analysis of the top players in the liquid applied membranes market
11.1.6 Business strategy excellence
FIGURE 28 Business strategy excellence of the top players in the liquid applied membranes market
11.2 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View(Key strength/Right to win, Strategic choices made, Weaknesses and competitive threats))*
11.2.1 Sika AG
FIGURE 29 Sika AG: Company snapshot (2019)
11.2.2 GCP Applied Technologies
FIGURE 30 GCP Applied Technologies: Company snapshot (2019)
11.2.3 Carlisle Companies
FIGURE 31 Carlisle Companies: Company snapshot (2019)
11.2.4 Soprema Group
11.2.5 MAPEI
FIGURE 32 MAPEI: Company snapshot (2019)
11.2.6 BASF
FIGURE 33 BASF SE: Company snapshot (2019)
11.2.7 Fosroc
11.2.8 Johns Manville
11.2.9 RENOLIT
11.2.10 Tremco
11.3 SME Profiles
11.3.1 ALCHIMICA Building Chemicals
11.3.2 CHRYSO
11.3.3 Copernit
11.3.4 Elmich
11.3.5 Firestone Building Products Company
11.3.6 GAF
11.3.7 Henkel Polybit
11.3.8 Henry Company
11.3.9 IKO
11.3.10 ISOMAT
11.3.11 Kemper System
11.3.12 Paul Bauder
11.3.13 Pidilite Industries
11.3.14 Saint-Gobain Weber
11.3.15 Siplast
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View (Key strength/Right to win, Strategic choices made, Weaknesses and competitive threats) might not be captured in case of unlisted companies.
12 APPENDIX
12.1 Discussion Guide
12.2 Knowledge Store: MarketsandMarkets’ Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
1.1 Objectives of the Study
1.2 Market Definition
1.3 Inclusions & Exclusions
1.4 Market Scope
1.4.1 Market segmentation
1.4.2 Regions covered
1.4.3 Years considered for the study
1.5 Currency
1.6 Unit Considered
1.7 Summary of Changes
2 RESEARCH METHODOLOGY
2.1 Research Data
FIGURE 1 Liquid applied membranes market: Research design
2.1.1 Secondary data
2.1.1.1 Key data from secondary sources
2.1.1.2 Liquid applied membranes market analysis through secondary interviews
2.1.2 Primary data
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 Market Size Estimation
2.2.1 Bottom-up approach
FIGURE 2 Liquid applied membranes market: Bottom-up approach
2.2.2 Top-down approach
FIGURE 3 Liquid applied membranes market: Top-down approach
2.3 Data Triangulation
FIGURE 4 Liquid applied membranes market: Data triangulation
2.4 Limitations
2.5 Assumptions
3 EXECUTIVE SUMMARY
FIGURE 5 Elastomeric membranes dominated the market in 2019
FIGURE 6 Residential end-use industry to dominate the market during
the forecast period
FIGURE 7 APAC accounted for the largest market share in 2019
4 PREMIUM INSIGHTS
4.1 Attractive Opportunities in the Liquid Applied Membranes Market
FIGURE 8 High growth projected in the market during the forecast period
4.2 Liquid Applied Membranes Market, by Type
FIGURE 9 Elastomeric membranes to register the highest growth during the forecast period
4.3 Liquid Applied Membranes Market, by End-use Industry
FIGURE 10 Residential construction to be the largest end-use industry of liquid applied membranes
4.4 Liquid Applied Membranes Market, by Country
FIGURE 11 India to register the highest CAGR in the global market
4.5 APAC: Liquid Applied Membranes Market, by End-Use Industry and
Country, 2019
FIGURE 12 Residential construction segment and China accounted for largest shares
5 MARKET OVERVIEW
5.1 Introduction
5.2 Market Dynamics
FIGURE 13 Liquid applied membranes market: Drivers, restraints, opportunities, and challenges
5.2.1 Drivers
5.2.1.1 Increasing spending on infrastructure development
5.2.1.2 Growing requirement of water management activities in the APAC region
5.2.2 Restraints
5.2.2.1 Availability of substitutes, such as sheet membranes, for large-scale, open surfaces
5.2.3 Opportunities
5.2.3.1 Growing demand for energy-efficient buildings and green roofs
5.2.4 Challenges
5.2.4.1 Fluctuations in raw material prices
5.3 Impact of COVID-19 on the Liquid Applied Membranes Market
5.3.1 COVID-19
5.3.2 Confirmed cases and deaths, by geography
FIGURE 14 Pace of global propagation of COVID-19 is unprecedented
5.3.3 Impact on application and end-use industries
5.4 Porter’s Five Forces Analysis
FIGURE 15 Porter’s five forces analysis of the liquid applied membranes market
5.4.1 Threat from substitutes
5.4.2 Bargaining power of suppliers
5.4.3 Threat from new entrants
5.4.4 Bargaining power of buyers
5.4.5 Intensity of competitive rivalry
5.5 Raw Material Analysis
5.5.1 Bituminous membranes
5.5.2 Elastomeric membranes
5.5.2.1 Acrylic
5.5.2.2 Polyurethane
5.5.3 Cementitious membranes
5.6 Value Chain Analysis
FIGURE 16 Value chain analysis
5.7 Adjacent/Related Markets
5.7.1 Introduction
5.7.2 Limitations
5.7.3 Market ecosystem and interconnected markets
5.7.4 Roofing market
5.7.4.1 Market definition
5.7.4.2 Market overview
5.7.5 Roofing market, by type
TABLE 1 Roofing market size, by type, 2014–2026 (USD Billion)
5.7.5.1 Materials
5.7.5.2 Chemicals
5.7.6 Roofing market, by application
TABLE 2 Roofing market size, by application, 2014–2026 (USD Billion)
5.7.6.1 Residential
5.7.6.2 Commercial
5.7.6.3 Non-residential
5.7.6.4 Other applications
5.7.7 Roofing market, by region
TABLE 3 Roofing market size, by region, 2014–2026 (USD Billion)
5.7.7.1 North America
5.7.7.2 Europe
5.7.7.3 APAC
5.7.7.4 South America
5.7.7.5 Middle East & Africa
5.8 Macroeconomic Indicators
5.8.1 Global GDP trends and construction industry statistics
TABLE 4 Projected GDP percentage change of key countries, 2018–2021
TABLE 5 Industry (including construction) value-added statistics, by country, 2018, (USD Million)
6 LIQUID APPLIED MEMBRANES MARKET, BY TYPE
6.1 Introduction
FIGURE 17 Elastomeric membranes segment to witness the highest growth during the forecast period
TABLE 6 LAMs market size, by type, 2018–2025 (USD Million)
TABLE 7 LAMs market size, by type, 2018–2025 (Million Square Meters)
6.2 Elastomeric Membranes
6.2.1 Elastomeric membranes to account for the largest share of the market
6.2.1.1 Acrylic membranes
6.2.1.2 Polyurethane membranes
6.2.1.3 PMMA membranes
6.3 Bituminous Membranes
6.3.1 Low cost and easy availability to boost their demand
6.4 Cementitious Membranes
6.4.1 Demand for these membranes is expected to remain stagnant due to their low quality
7 LIQUID APPLIED MEMBRANES MARKET, BY APPLICATION
7.1 Introduction
7.2 Roofing
7.2.1 Benefits provided by green roofing provide huge untapped opportunities for market growth
7.3 Walls
7.3.1 Improved energy efficiency to drive growth in this market segment
7.4 Building Structures
7.4.1 Need for below-ground structure protection to propel market growth
7.5 Roadways
7.5.1 Increasing infrastructural activities to drive market growth
7.6 Other Applications
8 LIQUID APPLIED MEMBRANES MARKET, BY END-USE INDUSTRY
8.1 Introduction
FIGURE 18 Residential construction to be the largest end-use industry for LAMs
TABLE 8 LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 9 LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
8.2 Residential Construction
8.2.1 Residential construction holds the largest market share
TABLE 10 LAMs market size in residential construction, by region, 2018–2025 (USD Million)
TABLE 11 LAMs market size in residential construction, by region, 2018–2025 (Million Square Meters)
8.3 Commercial Construction
8.3.1 Increasing demand for commercial infrastructure will boost the market growth
TABLE 12 LAMs market size in commercial construction, by region, 2018–2025 (USD Million)
TABLE 13 LAMs market size in commercial construction, by region, 2018–2025 (Million Square Meters)
8.4 Public Infrastructure
8.4.1 Increasing population, urbanization, and industrialization are driving the growth of the public infrastructure sector
TABLE 14 LAMs market size in public infrastructure, by region, 2018–2025 (USD Million)
TABLE 15 LAMs market size in public infrastructure, by region, 2018–2025 (Million Square Meters)
9 LIQUID APPLIED MEMBRANES MARKET, BY REGION
9.1 Introduction
FIGURE 19 APAC to be the largest and fastest-growing LAMs market
TABLE 16 LAMs market size, by region, 2018–2025 (USD Million)
TABLE 17 LAMs market size, by region, 2018–2025 (Million Square Meters)
9.2 APAC
FIGURE 20 APAC: LAMs market snapshot
TABLE 18 APAC: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 19 APAC: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 20 APAC: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 21 APAC: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 22 APAC: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 23 APAC: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.1 China
9.2.1.1 Rapid development of prefabricated buildings in the country is influencing the LAMs market
TABLE 24 China: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 25 China: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.2 India
9.2.2.1 Infrastructure development in the country is driving the growth of the LAMs market
TABLE 26 India: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 27 India: LAMs market size, by end-use industry, –2025 (Million Square Meters)
9.2.3 Japan
9.2.3.1 Redevelopment activities in the country will boost the market
TABLE 28 Japan: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 29 Japan: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.4 Australia
9.2.4.1 Rise in construction projects to drive the LAMs market
TABLE 30 Australia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 31 Australia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.5 Indonesia
9.2.5.1 Government initiatives for the development of the construction industry will drive the LAMs market
TABLE 32 Indonesia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 33 Indonesia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.6 South Korea
9.2.6.1 Government investments will boost the market growth in South Korea
TABLE 34 South Korea: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 35 South Korea: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.7 Thailand
9.2.7.1 Growth of the country’s construction industry to support market growth
TABLE 36 Thailand: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 37 Thailand: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.2.8 Rest of APAC
TABLE 38 Rest of APAC: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 39 Rest of APAC: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3 Europe
FIGURE 21 Europe: LAMs market snapshot
TABLE 40 Europe: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 41 Europe: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 42 Europe: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 43 Europe: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 44 Europe: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 45 Europe: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.1 Germany
9.3.1.1 Infrastructure developments in the country will drive the LAMs market
TABLE 46 Germany: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 47 Germany: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.2 France
9.3.2.1 Government focus on construction projects to drive the market
TABLE 48 France: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 49 France: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.3 UK
9.3.3.1 Government spending on construction and infrastructural activities will drive the LAMs market
TABLE 50 UK: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 51 UK: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.4 Italy
9.3.4.1 Wastewater treatment and road linking projects will lead to the growth of the Italian market
TABLE 52 Italy: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 53 Italy: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.5 Spain
9.3.5.1 Recovery of infrastructural projects is expected to boost the growth of the LAMs market
TABLE 54 Spain: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 55 Spain: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.6 Russia
9.3.6.1 Government policies to support the construction industry and drive demand for LAMs in Russia
TABLE 56 Russia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 57 Russia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.3.7 Rest of Europe
TABLE 58 Rest of Europe: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 59 Rest of Europe: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4 North America
FIGURE 22 North America: LAMs market snapshot
TABLE 60 North America: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 61 North America: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 62 North America: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 63 North America: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 64 North America: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 65 North America: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4.1 US
9.4.1.1 The US is a hub of technology and advanced infrastructure
TABLE 66 US: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 67 US: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4.2 Canada
9.4.2.1 Government initiatives for the construction sector will boost product demand
TABLE 68 Canada: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 69 Canada: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.4.3 Mexico
9.4.3.1 Increased foreign investments to boost the LAMs market
TABLE 70 Mexico: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 71 Mexico: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5 Middle East & Africa
TABLE 72 Middle East & Africa: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 73 Middle East & Africa: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 74 Middle East & Africa: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 75 Middle East & Africa: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 76 Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 77 Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5.1 Saudi Arabia
9.5.1.1 Increasing construction activity will boost the growth of the market
TABLE 78 Saudi Arabia: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 79 Saudi Arabia: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5.2 UAE
9.5.2.1 Growth of renewable energy is expected to spur the demand for LAMs
TABLE 80 UAE: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 81 UAE: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.5.3 Rest of Middle East & Africa
TABLE 82 Rest of Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 83 Rest of Middle East & Africa: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6 South America
TABLE 84 South America: LAMs market size, by country, 2018–2025 (USD Million)
TABLE 85 South America: LAMs market size, by country, 2018–2025 (Million Square Meters)
TABLE 86 South America: LAMs market size, by type, 2018–2025 (USD Million)
TABLE 87 South America: LAMs market size, by type, 2018–2025 (Million Square Meters)
TABLE 88 South America: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 89 South America: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6.1 Brazil
9.6.1.1 Government initiatives to support the construction sector is expected to spur the demand for LAMs
TABLE 90 Brazil: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 91 Brazil: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6.2 Argentina
9.6.2.1 Recovery of Argentina’s economy to favor the growth of the
LAMs market
TABLE 92 Argentina: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 93 Argentina: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
9.6.3 Rest of South America
TABLE 94 Rest of South America: LAMs market size, by end-use industry, 2018–2025 (USD Million)
TABLE 95 Rest of South America: LAMs market size, by end-use industry, 2018–2025 (Million Square Meters)
10 COMPETITIVE LANDSCAPE
10.1 Overview
FIGURE 23 Companies adopted mergers & acquisition as key growth strategies during 2017–2020
10.2 Market Evaluation Framework
10.3 Market Share, 2019
FIGURE 24 Top five companies account for the dominant market share, with
Sika being the largest player in 2019
10.4 Market Ranking
FIGURE 25 Market ranking of key players
10.5 Key Market Developments
10.5.1 Mergers & acquisitions
TABLE 96 Mergers & acquisitions, 2017–2020
10.5.2 Investments & expansions
TABLE 97 Investments & expansions, 2017–2020
11 COMPANY EVALUATION MATRIX AND COMPANY PROFILES
11.1 Company Evaluation Matrix Definitions and Methodology
11.1.1 Stars
11.1.2 Emerging leaders
11.1.3 Pervasive
11.1.4 Participants
FIGURE 26 Liquid applied membranes market: Company evaluation matrix, 2019
11.1.5 Product portfolio analysis
FIGURE 27 Product portfolio analysis of the top players in the liquid applied membranes market
11.1.6 Business strategy excellence
FIGURE 28 Business strategy excellence of the top players in the liquid applied membranes market
11.2 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View(Key strength/Right to win, Strategic choices made, Weaknesses and competitive threats))*
11.2.1 Sika AG
FIGURE 29 Sika AG: Company snapshot (2019)
11.2.2 GCP Applied Technologies
FIGURE 30 GCP Applied Technologies: Company snapshot (2019)
11.2.3 Carlisle Companies
FIGURE 31 Carlisle Companies: Company snapshot (2019)
11.2.4 Soprema Group
11.2.5 MAPEI
FIGURE 32 MAPEI: Company snapshot (2019)
11.2.6 BASF
FIGURE 33 BASF SE: Company snapshot (2019)
11.2.7 Fosroc
11.2.8 Johns Manville
11.2.9 RENOLIT
11.2.10 Tremco
11.3 SME Profiles
11.3.1 ALCHIMICA Building Chemicals
11.3.2 CHRYSO
11.3.3 Copernit
11.3.4 Elmich
11.3.5 Firestone Building Products Company
11.3.6 GAF
11.3.7 Henkel Polybit
11.3.8 Henry Company
11.3.9 IKO
11.3.10 ISOMAT
11.3.11 Kemper System
11.3.12 Paul Bauder
11.3.13 Pidilite Industries
11.3.14 Saint-Gobain Weber
11.3.15 Siplast
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View (Key strength/Right to win, Strategic choices made, Weaknesses and competitive threats) might not be captured in case of unlisted companies.
12 APPENDIX
12.1 Discussion Guide
12.2 Knowledge Store: MarketsandMarkets’ Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
