The global bitumen membranes market is expected to reach USD 3.74 billion by year 2027, at a CAGR of 4.8%. according to a new report by Reports and Data. Bitumen membranes were designed to cover industrial and residential buildings. They're constructed of extremely viscous, elastic, and water-proof organic liquids. On nearly flat or level roofs, bitumen membranes are used as a roofing device to prevent any leaks and to move water off the roof. Bitumen membranes are used for extensive applications, including humidifying, water-proofing, binding, rust-proofing, joint filling, and crack forming. Road expansion and rebuilding of current infrastructure, including buildings and bridges, are several main places where the demand for commodities is projected to rise steadily. Rising demand from the building sector has driven product production. Increasing government requirements due to environmental legislation coupled with low-cost roofing systems are significant factors in roofing applications that drive demand for polymer-modified bitumen (PMB). Excellent longevity, flood resistance, and high-temperature tolerance have culminated in an enhanced need for PMB.
The Global Bitumen Membranes Market report released by Reports and Data encompasses vital aspects of the Bitumen Membranes market and offers critical insights about the market size, share, global spread, trends, demands, and opportunities. The report discusses in detail the competitive landscape of the market on both the regional and global scale. It analyzes the key regions and market segments to offer a better understanding of the competitive scenario. Moreover, the report discusses in detail the latest product and technological advancements to offer a comprehensive understanding of the Bitumen Membranes market. Furthermore, it sheds light on the lucrative growth opportunities and investments to assist the readers and businesses in developing strategic expansion plans. It also helps readers gain maximum return on their investments.
The report also covers the impact of the COVID-19 pandemic on the Bitumen Membranes market and major segments. The pandemic has affected every industry vertical either positively or negatively. The report discusses in detail the changes in the demands and trends and the major challenges of the market created due to the pandemic. The report also offers a thorough current and future analysis of the impact of the COVID-19 pandemic on the overall growth of the market.
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The report offers a segmentation analysis of the market to impart a better understanding of the market. The report segments the Bitumen Membranes market on the basis of product types offered in the market, application spectrum, end-user industries, technologies, and key geographical regions of the market. The report also offers insights into the segment expected to show lucrative growth in the projected timeline.
Top Players Analyzed in the Report are:
Jiangsu Changzhou Xinyuan Waterproof Equipment Factory, Soprema International, Firestone Building Products Company LLC, Isoltema Group, Indian Oil Corporation, BASF SE, Johns Manville, BMI Group, Tiki Tar, and IKO Group
Grades Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Atactic Polypropylene (APP), Styrene-Butadiene-Styrene (SBS), Styrene-Ethylene-Butadiene-Styrene (SEBS)
Product Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)
Sheets and Liquid
Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Residential, Non-Residential and Automotive
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Coverage of the Report:
- An in-depth analysis of the historical years and the forecast period has been offered in the report
- Bitumen Membranes Market dynamics, including key drivers, challenges, restraints, threats, and growth opportunities have been analyzed in reports
- SWOT analysis and Porter’s Five Forces analysis with feasibility analysis and investment return analysis
- Competitive landscape benchmarking along with a comprehensive overview of their company profiles, product portfolios, strategic business decisions, and financial standings
- The report covers mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, and partnerships among few
- Pictorial representation of the key statistical data into graphs, tables, charts, diagrams, and figures
- An in-depth analysis of the current and emerging market trends and developmental patterns
To summarize, the Global Bitumen Membranes Market report is a dependable and authentic source for attaining crucial information and market insights to advance and boost your business significantly. The report studies all crucial aspects, such as present and future economic scenarios, beneficial opportunities, limitations, drivers and constraints, market growth rate, and risks.
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