| Product Code: ETC4518745 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India liquid applied membranes market import shipments demonstrated robust expansion from 2020 to 2024, with a notable CAGR of 23.1%. The growth momentum further accelerated between 2023 and 2024, with a growth rate of 24.8%. The market exhibited strong and consistent growth trends over the period, indicating increasing demand and market penetration.
The India Liquid Applied Membranes market serves the construction and waterproofing industries by providing versatile, liquid-based materials for sealing and protecting structures. As construction projects expand and the need for long-lasting waterproofing solutions increases, the market for liquid applied membranes is expected to see growth.
The India liquid applied membranes market is primarily driven by the construction and waterproofing industries. Liquid applied membranes are used for waterproofing building structures, roofs, and foundations. As urbanization continues, there is a growing need for durable and reliable waterproofing solutions, which has led to the expansion of this market.
The India liquid applied membranes market plays a critical role in construction and waterproofing, but it confronts several challenges. One of the primary concerns is the quality and durability of the applied membranes, as they must withstand extreme weather conditions. Additionally, the market must address environmental issues related to solvent-based products, necessitating a shift towards more eco-friendly solutions. Competition and price wars can impact profitability, making it essential for companies to differentiate themselves through innovation and service quality.
The India liquid applied membranes market faced significant challenges during the COVID-19 pandemic. The construction and infrastructure sectors, key consumers of liquid applied membranes, experienced disruptions in operations due to lockdowns and reduced economic activity. Projects were delayed or put on hold, leading to decreased demand for these membranes. Additionally, supply chain disruptions and labor shortages further impacted the market. However, as the economy gradually reopened and construction projects resumed, the liquid applied membranes market began to recover. The pandemic prompted a renewed emphasis on waterproofing and protection in building projects, which, in the long term, could drive the growth of this market.
Key players in India liquid applied membranes market include BASF, RPM International Inc., Carlisle Companies Inc., Sika AG, and GAF.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Liquid Applied Membranes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Liquid Applied Membranes Market Revenues & Volume, 2021 & 2031F |
3.3 India Liquid Applied Membranes Market - Industry Life Cycle |
3.4 India Liquid Applied Membranes Market - Porter's Five Forces |
3.5 India Liquid Applied Membranes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Liquid Applied Membranes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Liquid Applied Membranes Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Liquid Applied Membranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in India |
4.2.2 Growing awareness about the benefits of using liquid applied membranes for waterproofing applications |
4.2.3 Rising demand for sustainable and energy-efficient construction solutions |
4.3 Market Restraints |
4.3.1 High initial installation costs of liquid applied membranes |
4.3.2 Lack of skilled labor for proper application and installation of liquid applied membranes |
4.3.3 Fluctuating raw material prices impacting product costs |
5 India Liquid Applied Membranes Market Trends |
6 India Liquid Applied Membranes Market, By Types |
6.1 India Liquid Applied Membranes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Liquid Applied Membranes Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Liquid Applied Membranes Market Revenues & Volume, By Bituminous, 2021-2031F |
6.1.4 India Liquid Applied Membranes Market Revenues & Volume, By Elastomeric, 2021-2031F |
6.1.5 India Liquid Applied Membranes Market Revenues & Volume, By Cementitious, 2021-2031F |
6.2 India Liquid Applied Membranes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Liquid Applied Membranes Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.3 India Liquid Applied Membranes Market Revenues & Volume, By Walls, 2021-2031F |
6.2.4 India Liquid Applied Membranes Market Revenues & Volume, By Building Structures, 2021-2031F |
6.2.5 India Liquid Applied Membranes Market Revenues & Volume, By Roadways, 2021-2031F |
6.3 India Liquid Applied Membranes Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Liquid Applied Membranes Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 India Liquid Applied Membranes Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 India Liquid Applied Membranes Market Revenues & Volume, By Public Infrastructure, 2021-2031F |
7 India Liquid Applied Membranes Market Import-Export Trade Statistics |
7.1 India Liquid Applied Membranes Market Export to Major Countries |
7.2 India Liquid Applied Membranes Market Imports from Major Countries |
8 India Liquid Applied Membranes Market Key Performance Indicators |
8.1 Number of new construction projects incorporating liquid applied membranes |
8.2 Adoption rate of liquid applied membranes in different regions of India |
8.3 Number of training programs conducted for skilled labor in liquid applied membrane application techniques |
9 India Liquid Applied Membranes Market - Opportunity Assessment |
9.1 India Liquid Applied Membranes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Liquid Applied Membranes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Liquid Applied Membranes Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Liquid Applied Membranes Market - Competitive Landscape |
10.1 India Liquid Applied Membranes Market Revenue Share, By Companies, 2024 |
10.2 India Liquid Applied Membranes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |