The construction industry is expected to grow over the forecast period fuelled by the government's focus on infrastructure in the country. Continued growth in the construction industry is expected over the next few years, supported by road and rail infrastructure expansion. All sectors, including housing, non-residential construction, and civil engineering, are expected to expand in volume. These factors will accelerate market growth in coming years.
Rising government initiatives to support infrastructure development and construction activities in emerging countries of the region offer lucrative growth opportunities to manufacturers of liquid applied membrane. . A better capacity to create innovation and collaboration between industry and R&D organizations are important to find and seize growth opportunities. The industry has identified innovation as the top common agenda for joint efforts. Policymakers and government are being addressed to find new growth opportunities and secure a good collaboration between government and industry to promote industry growth. Furthermore, Presence of major players such as Sika AG and BASF SE having wide geographical presence will further drive market growth.
The report analyses the Europe liquid applied membrane market based on type, application, construction type and geography.
Various product studied are segmented into bituminous, elastomeric and cementitious. Increasing demand of liquid applied membrane for applications in the construction industry for waterproofing and protecting surfaces of roofs, parking decks, wet areas, decorative waterproofing, pedestrian decks, water tanks, basements, below-ground structures, bridges and other structures, toilets, and many other will drive the growth of the market.?
Furthermore, application studied in the market includes roofing, underground construction, walls and others. Governments of various developed and developing countries have comprehended the dual need for infrastructure development coupled with durability and sustainability. This is catalysing the demand for green buildings, consequently generating a strong market opportunity for liquid applied membranes.
Various end-user construction type considered in this study includes residential construction, commercial construction, and public infrastructure construction. The consumer in Germany continues to provide vast opportunities for businesses, given its large population, a sizeable middle class, and high spending power. Per capita gross income and consumer expenditure are expected to continue to expand in the coming years which will drive demand for residential construction.
The Europe market is studied for the key regions such as, Germany, UK, France, Italy, and Spain among others. Germany dominates Europe liquid applied membrane market as it has observed significant growth in the number of infrastructural projects, which will in turn drive the Liquid applied membrane market. Growing use of liquid applied membrane in residential buildings in France, improving technological development and increasing innovations in various industries is increasing the demand of liquid applied membrane for various applications.
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 Europe 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 Europe market is studied for the key countries such as, Germany, UK, France, Italy and Spain among others.
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