is Segmented by Grade Type (Atactic Polypropylene [APP] and Styrene-Butadiene-Styrene [SBS]), by Product Type (Sheets [Residential, Non-residential, Automotive, and Others] and Liquid [Residential and Non-residential]), by Application Type (Residential, Non-Residential, Automotive, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The report published by Stratview Research covers exclusive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides an in-depth analysis of the market segments that includes products, applications, services, and competitor analysis, etc.
The Bitumen Membrane Market report delivers a close watch on the active competitors, pricing analysis and a thorough overview of the market situations in the forecast period. It is a detailed report gathered from in-depth primary and secondary drivers, market shares, market segments, and geographical analysis.
Key Benefits for Industry players and new entrants:
The report delivers several insights into the Bitumen Membrane Market that benefits the current industry players as well as those who are planning to enter the market. Below given are few benefits offered in the report-
- Market drivers, restraints, and challenges highlighted in the report
- Recent industry trends and developments are mentioned
- Neutral perspective on the market performance related to shares, supply and chain, etc.
- Competitive landscape & growth strategies of key players
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Bitumen Membrane Market
- Overview of the regional outlook of the market.
- The market structure, historical data and forecasts for the coming years.
- Developments and trends in the market.
Based on the grade type, the market is segmented as APP (Atactic Polypropylene) and SBS (Styrene-Butadiene-Styrene). Atactic Polypropylene (APP) is expected to witness significant growth rate in the market during the forecast period as it provides protection to commercial and residential buildings. APP is widely used for the application of waterproofing such as on the terrace or house roofs, curtain walls, sloping concrete floors, and foundations. Besides, it offers many superior features such as outstanding life expectancy, superior weather tolerance, better usability, remarkable adhesive properties, robust dimensional durability, excellent chemical resistance, and high tolerance to puncturing & mechanical injury which drives the segment’s growth.
Based on the product type, the market is segmented as sheets and liquid. The liquid product type is expected to register high growth rate in the market owing to its environment-friendly properties and easy applicability. Also, its other features such as its ability to dry quickly and excellent adhesiveness, superior abrasion & tear resistance are likely to boost its demand in the market during the forecast period.
Based on the application type, the market is segmented as residential, non-residential, automotive, and others. The non-residential application type segment is estimated to account for the major share of the market during the forecast period on account of the growing demand for various commercial projects such as malls, office buildings, educational institutions, and hospitals. In addition, the building & construction industry requires high-performance materials that are strong, lightweight, high-performance, durable, and versatile, which is expected to drive the market growth during the forecast period.
In terms of regions, Europe is the largest market for bitumen membranes, owing to the vast array of bitumen products used in the major roof systems of the region. Europe is likely to maintain its dominance during the forecast period driven by the presence of mature construction and automotive industries in the region. On the other hand, North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
The Bitumen Membrane Market report can help the users in developing an understanding of the current market dynamics, supply chain analysis, pricing trends, product preferences, target audience & more.
About Stratview Research
Stratview Research is a global market research firm with capabilities of providing complex market reports and other consulting services. Along with market reports, the firm also provides custom research services across the sectors covering industries like Energy Chemicals, Advanced Materials, Automotive, and Aerospace, and more.
In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at email@example.com.