Global Elastomeric Membrane Industry

Global Elastomeric Membrane Industry

  • April 2021 •
  • 371 pages •
  • Report ID: 5798451 •
  • Format: PDF
Abstract:
- Global Elastomeric Membrane Market to Reach $44.8 Billion by 2027
- Amid the COVID-19 crisis, the global market for Elastomeric Membrane estimated at US$30.8 Billion in the year 2020, is projected to reach a revised size of US$44.8 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027. Sheet, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$21.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liquid Applied segment is readjusted to a revised 5.8% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 8.5% CAGR
- The Elastomeric Membrane market in the U.S. is estimated at US$8.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.4 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
- Other Types Segment to Record 5% CAGR
- In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.8 Billion in the year 2020 will reach a projected size of US$6.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6 Billion by the year 2027, while Latin America will expand at a 6.1% CAGR through the analysis period.

- Select Competitors (Total 38 Featured) -
  • 3M Company
  • BASF SE
  • Carlisle Companies, Inc.
  • Copernit S.P.A.
  • Covestro AG
  • Duro-Last, Inc.
  • Firestone Building Products Company
  • Fosroc International
  • GCP Applied Technologies, Inc.
  • Henry Company
  • IKO Industries Ltd.
  • Johns Manville Corporation
  • Kemper System Inc.
  • Mapei S.p.A.
  • Paul Bauder GmbH & Co. KG
  • Pidilite Industries Ltd.
  • RENOLIT SE
  • Saint-Gobain SA
  • Sika AG
  • Soprema Group
  • Standard Industries, Inc.
  • Tremco Incorporated
  • W. R. Meadows, Inc.