WATERPROOFING MEMBRANES MARKET TO REACH A VALUE OF ~US$ 35 BN BY 2027

Pythonholic05 Mar, 2021Business

• The global waterproofing membranes market was valued at ~US$ 19 Bn in 2018 and is anticipated to expand at a CAGR of ~7% during the forecast period. • The global waterproofing membranes market is primarily driven by growth in the construction industry and rise in the need to improve the quality of construction. Emerging and developed economies across the globe are carrying out infrastructure developments such as roadways, railroads, and river bank protection projects to sustain economic growth. These civil construction projects boost the consumption of waterproofing membranes, which are commonly accepted as durable and long-lasting products.