Waterproofing membranes are materials applied to a surface to prevent water from leaking or damaging. Pre-formed sheet membranes or liquid-applied membranes are used in waterproofing. Waterproof membranes prevent condensation and other climatic factors. Waterproofing protects buildings from water damage and prevents them from being repaired. Excessive water exposure can lead to larger foundation cracks and joints and is more difficult to repair. Waterproofing is a cost-effective way to strengthen the structure and provide a safer environment. It can also improve the property’s market value.
The global waterproofing membrane market can be divided into two based on type: liquid-applied membranes and sheet-based membranes. The global market share of the liquid-applied Membrane segment is expected at 62.2% in 2021. It is projected to grow at a 6.8% annual rate by 2031. It is bought in liquid form, and the membranes can be applied to the surface by brushing or spraying. The liquid cures in the atmosphere to form a seamless, jointless membrane. You can adjust the thickness by using more liquid chemicals per square area. The liquid waterproofing process is quick and easy. It is important to apply the liquid waterproofing at the correct thickness. As they don’t require jointing, liquid waterproofing membranes are superior to sheet-based membranes.
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Rapid urbanization and infrastructure development are some of the reasons why there is a greater demand for waterproofing membranes. This will positively impact the demand for waterproofing membranes due to increased government spending on infrastructure projects (roads, power stations, water treatment plant, hospitals, and schools) and bridges.
Consumption of this product will also rise in emerging economies due to rising demand for housing spaces and various government initiatives to provide housing to the Economically Weaker Sections (EWS). For example, India’s Union Housing and Urban Affairs Ministry approved in January 2021 the construction of 168,000 houses in urban areas by the Pradhanmantri Awas Yojana.
Potential environmental and health hazards are associated with liquid-applied membranes and waterproofing chemicals. These chemicals are often applied in spray form and contain fluorinated substances. However, these chemicals can cause respiratory issues such as chemical pneumonia, lung trauma, bronchitis, and pharyngeal problems. Because of their low awareness, large numbers of laborers in the developing world are more likely to be exposed to these chemicals. These chemicals, including diluents and solvents in these membranes, release VOCs and toxic fumes. This can limit the growth of the waterproofing membrane industry.
Waterproofing Membrane Market can be used in any type of construction or renovation. It is a solid barrier that prevents water from entering and greatly reduces the chance of structural damage due to moisture. These membranes are simple to install and provide great protection against moisture. They are ideal for waterproofing projects due to their high tear resistance and tensile strength. They can withstand UV radiation and other environmental elements, which increases their durability. They are also available in different thicknesses to suit the needs of each project. Customers can feel confident that their investment in these membranes will pay off over the long term. They will enjoy increased safety and reliability and avoid costly repairs due to water damage.
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How can expanding infrastructure projects drive waterproofing membrane demand?
Waterproofing membranes have been used in many residential, commercial, and government buildings. In the forecast period (2021-2031), the emphasis will be on water conservation, wastewater treatment, and other environmental issues.
A driving force behind the rising demand for waterproofing materials is the renovation of existing infrastructure. Market growth is expected in waterproofing membranes as they can withstand harsh environments, making them ideal for the insulation and protection of mining tunnels.