Liquid-Applied Membrane Market by Type (Elastomeric, Bituminous, Cementitious), Application (Roofing, Walls, Building Structures, Roadways), Usage, End-Use Industry (Residential Construction, Commercial Construction), and Region - Global Forecast to 2029
The global liquid-applied membrane market size is projected to reach USD 32.1 billion by 2029 from USD 24.1 billion in 2024, at a CAGR of 5.9% during the forecast period. The liquid-applied membrane market is projected to grow significantly in the coming years. Liquid applied membranes provide dependable, long-lasting durability and weather resistance, ensuring effective shielding against water infiltration, UV exposure, and other environmental elements. They are favored over conventional waterproofing techniques due to their seamless application, adaptability, and quicker installation, thereby fueling their widespread adoption in the market.
Global Liquid - Applied Membrane Market Trend
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Liquid-applied Membrane Market Dynamics
Driver: Wide deployment of waterproofing membranes in construction sector
The growing utilization of waterproofing membranes is a central factor driving the liquid-applied membrane market. This trend reflects the increasing acknowledgment of these membranes' crucial role in maintaining the longevity and resilience of buildings in various construction contexts. Given the substantial investment involved in buildings, prioritizing their structural integrity and long-term endurance becomes essential. Waterproofing membranes serve as a proactive solution against water ingress, a leading factor contributing to structural decay, mold formation, and corrosion. Through the creation of a seamless protective layer on surfaces, liquid-applied membranes efficiently protect buildings from moisture penetration, thereby safeguarding their structural elements and prolonging their lifespan.
Restraint: High initial investment required for liquid-applied membranes
In comparison to traditional sheet membranes, the liquid-applied membrane (LAM) market has a restraint due to the significant initial investment required. LAMs often entail higher upfront costs for materials and skilled labor during the application process. This elevated expenditure can act as a deterrent for budget-conscious construction projects, particularly those on a large scale. The expenses associated with liquid-applied membranes encompass the purchase of specialized materials needed for application, such as primers, membrane coatings, and sealants, which typically command a premium compared to traditional alternatives. Moreover, the application procedure for LAMs necessitates skilled labor proficient in handling liquid coatings and ensuring thorough surface preparation, thereby escalating labor costs.
Opportunity: Growing demand for energy-efficient buildings and green roof
Increased energy expenses, evolving building regulations, and heightened awareness of urban heat island effects have generated a robust demand for energy-efficient, white, reflective roof systems. These systems reflect a substantial portion of sunlight, effectively reducing roof surface temperatures and lessening the need for air conditioning. Liquid-applied membranes, particularly elastomeric variants, find extensive use in maintaining these roof systems. Given the desire for energy-efficient roofing solutions, white acrylic elastomeric membranes are commonly applied across various substrates, including built-up and modified bitumen roof systems, while single-ply membranes are utilized to enhance roof energy efficiency.
Challenges: Environmental and health concerns present a significant challenge
Environmental and health issues pose a considerable challenge in the liquid-applied membrane (LAMs) market. LAMs commonly contain volatile organic compounds (VOCs), which may pose risks to both human health and the environment. This concern has raised alarm among stakeholders, prompting the need for more stringent regulations to address associated hazards affecting production and application practices. VOCs found in LAMs have the potential to contribute to indoor air pollution and pose health hazards to occupants of buildings where these membranes are utilized. Furthermore, emissions of VOCs can lead to adverse environmental impacts during both manufacturing and application processes, potentially contributing to air pollution and ecological harm.
Market Ecosystem
By type, Eelastomeric membranes is the fastest growing in liquid-applied membrane market, in 2023.
Elastomeric membranes are liquid-applied roofing membranes with elastic properties that enable them to expand and contract with the substrate. These membranes help to protect surfaces against water infiltration and chemical influences, providing excellent resistance to impact, UV rays, tearing, and temperature variations. Elastomeric membranes typically comprise two layers: a base membrane and a top sheet embedded with granules for enhanced defense. These membranes find widespread application on flat or low-slope roofs, furnishing a robust, lightweight, and visually appealing roofing alternative. Installation methods vary, from torch application to cold-laying techniques using self-adhesive strips.
By application, roofing is the largest in liquid-applied membrane market, in 2023.
Liquid-applied membranes(LAMs) offer a seamless and impermeable barrier that effectively blocks water penetration through the roof, safeguarding the building interiors from potential water damage. Moisture infiltration through the roof has the potential to accumulate within the building’s structure, fostering conditions conducive to rot, decay, and growth of mold and mildew. LAMs offer a dependable waterproofing defense, mitigating the likelihood of moisture-related problems and maintaining the structural integrity of the roof and the building itself. Green roofs are particularly advantageous for regions with limited land area and tropical climates. In addition, rooftop vegetation supports sustainable development goals and presents opportunities for soil-less agriculture, contributing to environmental sustainability
By end-use industry, residential construction is the largest emd-use industry in the liquid-applied membrane market, in 2023.
Residential construction projects encompass many structures, including houses, cottages, condominiums, foundations, townhouses, apartment buildings, wet rooms, driveways, sidewalks, basements, and drainage systems. LAMS are primarily employed to enhance the strength and durability of various components, such as walls, roofing, floors, foundations, beams, slabs, and pillars. They are instrumental in waterproofing all roofs, addressing residential structures' sustainability, ozone resistance, and thermal shock durability requirements. Applying LAMs in residential construction involves spreading the liquid membrane over the surface, which subsequently dries to create a seamless and waterproof layer.
Asia Pacific is the largest market in the liquid-applied membrane market, in terms of value.
In terms of value, Asia Pacific accounted for 32.3% of the global liquid-applied membrane market in 2023. It is also the fastest-growing liquid-applied membrane market due to the increasing population & urbanization in the region. The rising investments in infrastructure projects, such as commercial buildings, residential complexes, and public infrastructure, have augmented the demand for liquid-applied membranes. The ability of these membranes to provide long-lasting protection against water ingress, even in extreme weather conditions, makes them an ideal choice for a wide range of applications.
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Key Market Players
Some of the key players operating in the liquid-applied membrane market include Sika AG (Switzerland), MAPEI S.p.A. (Italy), SOPREMA (France), Fosroc, Inc. (UAE), Saint-Gobain Weber (France), H.B. Fuller (US), Wacker Chemie AG (Germany), Bostik (France), GCP Applied Technologies Inc (US), and Ardex (Germany) among others.
These companies have adopted various organic as well as inorganic growth strategies between 2021 and 2023 to strengthen their positions in the market. The new product launch is the key growth strategy adopted by these leading players to enhance regional presence and develop product portfolios to meet the growing demand for liquid-applied membrane from emerging economies.
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Report Metric |
Details |
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Years considered for the study |
2021-2029 |
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Base Year |
2023 |
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Forecast period |
2024–2029 |
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Units considered |
Value (USD Million), Volume (Million Square Meter) |
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Segments |
Type, Usage, Application, End-use Industry and Region |
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Regions |
Asia Pacific, North America, Europe, Middle East & Africa, and South America |
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Companies |
Sika AG (Switzerland), MAPEI S.p.A. (Italy), SOPREMA (France), Fosroc, Inc. (UAE), Saint-Gobain Weber (France), H.B. Fuller (US), Wacker Chemie AG (Germany), Bostik (France), GCP Applied Technologies Inc (US), and Ardex (Germany) among others. |
This report categorizes the global liquid-applied membrane market based on type, usage, application, end-use industry, and region.
On the basis of type, the liquid-applied membrane market has been segmented as follows:
- Elastomeric Membranes
- Bituminous Membranes
- Cementitious Membranes
On the basis of applications, the liquid-applied membrane market has been segmented as follows:
- Roofing
- Walls
- Building Structures
- Roadways
- Other Applications
On the basis of end-use industry, the liquid-applied membrane market has been segmented as follows:
- Residential Construction
- Commercial Construction
- Public Infrastructure
On the basis of usage, the liquid-applied membrane market has been segmented as follows:
- New Construction
- Refurbishment
On the basis of region, the liquid-applied membrane market has been segmented as follows:
- North America
- Asia Pacific
- Europe
- South America
- Middle East & Africa
The liquid-applied membrane market has been further analyzed based on key countries in each of these regions.
Recent Developments
- In February 2024, MAPEI S.p.A. acquired Bitumat, a leading company in the manufacturing and marketing of waterproofing systems. This acquisition has significantly strengthened Mapei's presence in the liquid-applied membrane market. This strategic move aligns with Mapei's internationalization strategy and expands its market in the Middle East.
- In September 2022, GCP Applied Technologies Inc. was acquired by Saint-Gobain, a leading manufacturer for the construction and industrial markets. This acquisition helped GCP Applied Technologies Inc. expand its presence in the construction chemicals sector. It also offered a broader range of construction solutions, such as liquid-applied membranes, in North America.
- In December 2022, Sika AG inaugurates a new facility in Chongqing, Southwest China, for liquid membranes and mortar production, enhancing its presence in the burgeoning metropolitan area amid plans for the Chengdu-Chongqing business district.
Frequently Asked Questions (FAQ):
What is the current market size of the global liquid-applied membrane market?
Global liquid-applied membrane market size is estimated to reach USD 32.1 billion by 2029 from USD 24.1 billion in 2024, at a CAGR of 5.9% during the forecast period.
Who are the winners in the global liquid-applied membrane market?
Companies such as include Sika AG (Switzerland), MAPEI S.p.A. (Italy), SOPREMA (France), Fosroc, Inc. (UAE), Saint-Gobain Weber (France), H.B. Fuller (US), Wacker Chemie AG (Germany), Bostik (France), GCP Applied Technologies Inc (US), and Ardex (Germany) among others. They have the potential to broaden their product portfolio and compete with other key market players.
What are some of the drivers in the market?
Growing demand in nitrogen generation and syngas cleaning, Increasing demand for membranes in carbon dioxide separation processes technology, and Environmental regulations and stringent emission standards.
What are the various material types of liquid-applied membranes?
Elastomeric membranes, bituminous membranes, and cementitious membranes are the major types of liquid-applied membranes.
What are the applications of liquid-applied membranes?
Roofing, walls, building structures, roadways, and others are the main applications of liquid-applied membranes. .
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The study involved four major activities in estimating the current market size for liquid-applied membranes. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as Factiva, Zauba, Hoovers, and Bloomberg BusinessWeek were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, and databases.
Secondary research has been used to obtain key information about the value chain of the industry, monetary chain of the market, the total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.
Primary Research
The liquid-applied membrane market comprises several stakeholders, such as membrane suppliers, distributors of liquid-applied membranes, system manufacturers, and regulatory organizations in the supply chain. The demand side of this market consists of applications such as roofing, walls, building structures, roadways, and others. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Primary interviews were conducted to gather insights such as market statistics, data of revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to this market. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of liquid-applied membranes and future outlook of their business which will affect the overall market.
Following is the breakdown of primary respondents.
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the liquid-applied membrane market. These methods were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Liquid-Applied Membrane Market: Bottum-Up Approach
Note: All the shares are based on the global market size.
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
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Liquid-Applied Membrane Market: Top-Down Approach
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
Data Triangulation
After arriving at the overall market size—using the market size estimation process explained above—the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply of liquid-applied membranes and their applications.
Market Definition
A liquid-applied membrane refers to a specialized coating utilized in construction for waterproofing and roofing applications. Unlike traditional methods that involve installing pre-manufactured sheets or membranes, liquid-applied membranes are directly applied onto surfaces as a liquid, forming a seamless and fully adhered protective layer. These membranes are formulated from various materials such as polyurethane, cementitious compounds, or bitumen-based solutions, each offering unique properties suited to specific applications and environmental conditions. Liquid-applied membranes are renowned for their versatility, as they can be applied to a wide range of substrates including concrete, metal, wood, and even existing roofing materials. They provide a seamless barrier against water ingress, offering superior protection against leaks, moisture intrusion, and structural damage. Additionally, liquid-applied membranes exhibit excellent flexibility, allowing them to accommodate substrate movement and temperature fluctuations without compromising their integrity.
One of the key advantages of liquid-applied membranes is their ease of application. They can be applied using a variety of methods including spraying, rolling, or troweling, allowing for efficient and cost-effective installation. Furthermore, these membranes can be customized to meet specific project requirements, offering varying levels of thickness, durability, and performance characteristics.
Key Stakeholders
- Senior Management
- End User
- Finance/Procurement Department
- R&D Department
Objectives of the Study:
- To define, describe, and forecast the liquid-applied membrane market, in terms of value and volume.
- To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the market growth
- To analyze and forecast the market by type, usage, application, and end-use industry.
- To forecast the size of the market for five regions, namely, Asia Pacific, Europe, North America, South America, and the Middle East & Africa along with their key countries
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders.
- To analyze competitive developments, such as new product launches, acquisitions, and expansion undertaken in the market
- To strategically profile key players and comprehensively analyze their market ranking and core competencies.
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Regional Analysis:
- Country-level analysis of the liquid-applied membrane market
Company Information:
- Detailed analysis and profiling of additional market players
Growth opportunities and latent adjacency in Liquid-Applied Membrane Market
Liquid Applied Membrane Market