액체 도막 시장 예측(-2030년) : 유형, 판매 채널, 용도, 최종 사용자 및 지역별 세계 분석

According to Stratistics MRC, the Global Liquid Applied Membrane Market is accounted for $23.18 billion in 2023 and is expected to reach $39.21 billion by 2030 growing at a CAGR of 7.8% during the forecast period. A state-of-the-art method for waterproofing and protecting a variety of surfaces, liquid-applied membranes, or LAMs, are extensively utilized in the construction sector. These liquid coatings, which are usually composed of polymer-modified asphalt, polyurethane, or epoxy materials, are applied and cured to create a seamless, flexible, and long-lasting barrier. Moreover, this barrier works well for planters, decks, basements, and roofs because it is resistant to chemicals, water, and, in certain situations, even root penetration.

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Market Dynamics:

Driver:

Growing need for waterproofing solutions

The need for efficient waterproofing solutions has grown dramatically due to the global building boom, which is being driven by both residential and commercial development. Because of their adaptability and efficiency in preventing water damage to buildings, liquid-applied membranes (LAM) are leading the way in satisfying this need. The integrity of buildings is greatly dependent on superior waterproofing in areas that are prone to heavy rainfall, floods, or elevated groundwater levels. Furthermore, LAM is a great option for architects and builders who want to increase the longevity and durability of their structures because it forms a seamless, monolithic barrier on a range of substrates.

Restraint:

Exorbitant first installation costs

Long-term cost-effectiveness aside, some projects may find the initial installation cost to be a major obstacle due to LAMs. Comparing high-quality material prices and labor requirements to prepare surfaces and apply the membrane correctly can result in higher upfront costs than with traditional waterproofing techniques. Additionally, this may discourage clients on a tight budget or projects with limited funding from choosing LAM solutions, particularly in areas where immediate costs outweigh long-term advantages.

Opportunity:

Innovations in technology and product development

Developments in material science and polymer chemistry provide a steady stream of new opportunities for the creation of LAM formulations. These developments may result in membranes with better qualities, such as quicker curing times, increased elasticity, increased toughness, and increased resilience to external stresses. Moreover, by developing eco-friendly membranes with reduced volatile organic compounds (VOCs) and increased recyclable properties, new markets and uses will be enabled in response to the growing need for sustainable building materials.

Threat:

Rivalry from substitute remedies

Numerous alternative waterproofing options, such as bituminous products, cementitious coatings, and sheet membranes, pose a serious threat to the LAM market. The broad acceptance of LAMs is threatened by these alternatives, which might have a more developed market presence, cheaper upfront costs, or advantages that are thought to exist in particular applications. Furthermore, competition in the market will only get more intense if rivals spend money on marketing plans to highlight the advantages of their goods.

Covid-19 Impact:

The COVID-19 pandemic has caused major disruptions to global supply chains, project timelines, and construction activities, which in turn have affected the liquid applied membrane (LAM) market. Lockdown procedures, social distancing rules, and labor shortages have caused project postponements, cancellations, and a decline in the market for building supplies, which includes LAM products. Further impeding market expansion is stakeholder delays or reductions in infrastructure investments brought on by financial and economic uncertainty. Moreover, recovery in the LAM market is anticipated to be gradual, with ongoing obstacles like labor and material shortages as well as unstable market conditions impeding a full-scale recovery, while the construction industry is anticipated to recover gradually.

The Elastomeric Membranes segment is expected to be the largest during the forecast period

The elastomeric membranes segment usually holds the largest share. Since elastomeric membranes are so strong, adaptable, and flexible, they can be used for a variety of waterproofing tasks on both horizontal and vertical surfaces. Additionally, these membranes are frequently preferred because of their superior elongation qualities, which enable them to adapt to structural expansion and substrate movements without sacrificing waterproofing integrity. Due to the fact that elastomeric membranes can tolerate fluctuations in temperature, ultraviolet light, and mechanical strain, they are frequently utilized in plaza decks, balconies, roofing systems, and below-grade applications.

The Residential Construction segment is expected to have the highest CAGR during the forecast period

The liquid-applied membrane (LAM) market is anticipated to grow at the highest CAGR in the residential construction sector. The demand for waterproofing solutions in a variety of applications, including foundations, basements, and roofs, is fueled by the residential construction sector, which includes the development of single-family homes, multi-family dwellings, and residential complexes. Furthermore, the robust growth of residential construction activities, especially in emerging economies, can be attributed to factors such as the growing global population, urbanization trends, and rising disposable incomes.

Region with largest share:

In the market for liquid-applied membranes, or LAMs, North America usually has the largest share. The region's dominance is attributed to various factors, including strict building codes and regulations, substantial infrastructure development, and a strong focus on sustainable construction practices. North America's market position in the LAM industry is further strengthened by the existence of well-established players, technological developments, and large investments in research and development. Moreover, North America is still at the top of the global LAM market due to the rising demand for long-lasting waterproofing solutions in the residential, commercial, and industrial construction sectors.

Region with highest CAGR:

The liquid applied membrane (LAM) market is expected to grow at the highest CAGR in the Asia-Pacific region. The demand for waterproofing solutions is being driven by rapid urbanization, population growth, and rising infrastructure project investments in countries like China, India, and Southeast Asia. Further propelling market expansion in the area is growing awareness of the advantages of LAMs in improving building longevity, energy efficiency, and environmental sustainability. Furthermore, the building industry's expansion and government efforts to enhance building standards and regulations also support the strong growth of the LAM market in the Asia-Pacific region.

Key players in the market

Some of the key players in Liquid Applied Membrane market include Henry Company, Carlisle Companies Incorporated, Johns Manville, Fosroc Inc., BASF, Sika AG, GCP Applied Technologies Inc., MAPEI SpA, Kemper System, Dow, Alchimica Building Chemicals, Saint-Gobain Weber, GAF, The Soprema Group, Renolit, Pidilite Industries and Firestone Building Products Company.

Key Developments:

In March 2024, Carlisle Companies Incorporated has announced the definitive agreement to purchase MTL Holdings, a leading provider of pre-fabricated edge metal for commercial roofing, from private equity firm GreyLion Partners. The acquisition, valued at $410 million in cash, is a strategic move for Carlisle, aligning with its Vision 2030 strategy to bolster its portfolio with superior building envelope products.

In February 2024, BASF's Coatings and INEOS Automotive division have signed an agreement on a global automotive refinish body and paint development. The partners will commit to a long-term strategic collaboration that enables them to exceed the industry standard in vehicle body repair and paint refinish. The partnership includes the supply of sustainable refinish solutions, expertise and latest digital color-matching solutions and training.

In May 2023, Dow and New Energy Blue announced a long-term supply agreement in North America in which New Energy Blue will create bio-based ethylene from renewable agricultural residues. Dow expects to purchase this bio-based ethylene, reducing carbon emissions from plastic production, and using it in recyclable applications across transportation, footwear, and packaging.

Types Covered:

• Bituminous Membranes
• Elastomeric Membranes
• Cementitious Membranes
• Other Types

Sales Channels Covered:

• Direct Company Sale
• Direct Import
• Distributors & Traders
• Retailers

Applications Covered:

• Roofing
• Walls
• Underground Construction
• Building Structures
• Roadways
• Other Applications

End Users Covered:

• Residential Construction
• Commercial Construction
• Public Infrastructure
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • 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
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• 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
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Liquid Applied Membrane Market, By Type

• 5.1 Introduction
• 5.2 Bituminous Membranes
• 5.3 Elastomeric Membranes
  • 5.3.1 Acrylic Membranes
  • 5.3.2 Polyurethane Membranes
• 5.4 Cementitious Membranes
• 5.5 Other Types

6 Global Liquid Applied Membrane Market, By Sales Channel

• 6.1 Introduction
• 6.2 Direct Company Sale
• 6.3 Direct Import
• 6.4 Distributors & Traders
• 6.5 Retailers

7 Global Liquid Applied Membrane Market, By Application

• 7.1 Introduction
• 7.2 Roofing
  • 7.2.1 Flat Roofing
  • 7.2.2 Steep Sloped Roofing
    • 7.2.2.1 High Sloped Roofing
    • 7.2.2.2 Low Sloped Roofing
    • 7.2.2.3 Mansard Roofing
• 7.3 Walls
• 7.4 Underground Construction
• 7.5 Building Structures
• 7.6 Roadways
• 7.7 Other Applications

8 Global Liquid Applied Membrane Market, By End User

• 8.1 Introduction
• 8.2 Residential Construction
• 8.3 Commercial Construction
• 8.4 Public Infrastructure
• 8.5 Other End Users

9 Global Liquid Applied Membrane Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Henry Company
• 11.2 Carlisle Companies Incorporated
• 11.3 Johns Manville
• 11.4 Fosroc Inc.
• 11.5 BASF
• 11.6 Sika AG
• 11.7 GCP Applied Technologies Inc.
• 11.8 MAPEI SpA
• 11.9 Kemper System
• 11.10 Dow
• 11.11 Alchimica Building Chemicals
• 11.12 Saint-Gobain Weber
• 11.13 GAF
• 11.14 The Soprema Group
• 11.15 Renolit
• 11.16 Pidilite Industries
• 11.17 Firestone Building Products Company