Waterproofing Membrane Market Size, Analysis Revenue Share Analysis, Market Growth Forecast 2030
Market Synopsis According to the MRFR analysis, Waterproofing Membrane Market Size is expected to reach over USD 41.7 Billion Billion by the end of 2027 at a CAGR of 7%. A waterproofing membrane is a barrier that is laid or applied on a surface to prohibit corrosion and dampness in the surface thus, helps in making the resistant from environmental changes. Waterproofing membranes are important as they help to extend the structural integrity of the surface. Regulatory Analysis The stringent regulations and standards for waterproofing membrane used in the building & construction and mining industries are likely to boost the demand for waterproofing membrane during the forecast period. For instance, EN 13707 for ‘Reinforced Bitumen Sheets for Roof Waterproofing’; EN 13956 for ‘Plastic and Rubber Sheets for Roof Waterproofing’; ASTM D173 Standard Specification for ‘ Bitumen-Saturated Cotton Fabrics Used in Roofing Waterproofing’; ASTM D 4637-04 for ‘EPDM Sheet used in Sin