Elastomeric Membranes Market | Exactitude Consultancy Reports

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Elastomeric Membranes Market by Type (Liquid and Sheet), Component (One-Component and Two-Component), Application (Roofs and Walls, Underground Construction, Wet Areas, and Others), End-User (Residential, Commercial, Infrastructure, Industrial and Others) and by Region Global Trends and Forecast From 2022 to 2029

The elastomeric membranes market is anticipated to reach USD 34.84 billion in 2020 and expand at a 5.8% CAGR through the year 2029.

Elastomeric membrane roofs have an appealing finish that gives your roof a tidy, polished appearance and are renowned for their durability and moisture resistance. The white elastomeric membrane is becoming more and more common and is now required in some boroughs and cities.

Segment Analysis
Sheet, one of the segments analysed in the report, is projected to record 3.6% CAGR and reach USD 27.8 Billion by the end of the analysis period. Growth in the Liquid Applied segment is readjusted to a revised 4.8% CAGR for the following 8 years taking into account the ongoing post-pandemic recovery.

The global elastomeric membrane market is segmented into Roofs and Walls, Wet Areas, Underground Construction, and other segments based on application. The segment for roofs and walls is anticipated to hold the largest market share during the forecasted period. As a result of increased investment in non-residential developments like industrial, educational, and apartment buildings, the elastomeric membrane market for rooftops is anticipated to expand. Elastomeric coatings are advantageous for any roof because they provide a seamless layer. It also protects against UV rays and salty air.

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