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Technological advancements in composition and performance of liquid applied membrane are anticipated to provide numerous opportunities to the liquid applied membrane market in United States. The increasing industrial demand and stringent governmental regulations are further supporting the growth of liquid applied membrane market in Canada, thus propelling demand for liquid applied membrane in North America.
Increasing use of effective products for protective and waterproofing application is an additional factor expected to drive product demand over the forecast period. In addition, increasing government investments driving the construction sector in various regions is expected to drive the North America liquid applied membrane market in next ten years. Combined with the traditionally high pressure on margins, new business models introduced by new entrants might put pressure on the traditional incumbents to increase efficiency and productivity, developing need for quality construction, thus propelling product demand.
The report analyses the North America liquid applied membrane market based on type, application, construction type and geography.
Various product studied are segmented into bituminous, elastomeric and cementitious. Government initiatives and investment along with easy financial assistance available to promote the construction industry will further boost the market growth of bituminous liquid applied membrane.
Furthermore, application studied in the market includes roofing, underground construction, walls and others. High demand of green roofs due to regulations pertaining to emissions from building and achieve sustainability from the construction industry will favour market growth.
Various end-user construction type considered in this study includes residential construction, commercial construction, and public infrastructure construction. Expanding remodelling and renovation activities supported by increases in spending on residential construction will drive demand for liquid applied membrane in residential construction type.
The North America market is studied for the key regions such as, U.S. Canada, and Mexico. U.S. dominated the North America liquid applied membrane market. Factors such as increasing activities in civil construction, owing to increased demand for efficient coating products are booming the market growth. Construction coatings act as protective layers for structures and prevent building from corrosion, damage, and dampness due to frequently changing weather conditions.
The key competitors of this market include BASF SE (Germany), Carlisle Companies Inc. (U.S), Sika AG (Switzerland), Soprema Group (France), Kemper System America Inc. (U.S), Saint Gobain Weber India (India) , The DOW Chemical Company (U.S), GCP Applied Technologies Inc. (U.S), Johns Manville Corporation (U.S), and Henry Company LLC (U.S) amongst others.
The report analyses the North America liquid applied membrane market based on type, application, construction type and geography. Various product studied are segmented into bituminous, elastomeric and cementitious. Furthermore, application studied in the market includes roofing, underground construction, walls and others. Additionally, end-user construction type considered in this study includes residential construction, commercial construction, and public infrastructure construction. The North America market comprises of U.S., Canada and Mexico.
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