Key Highlights of the Waterproofing Membranes Market
The market for waterproofing membranes, which was valued at US$ 19 billion in 2018, is expected to grow at a CAGR of 7% over the coming years.
The expansion of the construction sector and the rising need for better building quality are the main factors driving the global market for waterproofing membranes. In order to maintain economic growth, emerging and developed economies around the world are constructing infrastructure improvements like roads, railroads, and river bank protection projects. The use of waterproofing membranes, which are widely regarded as reliable and long-lasting goods, is increased by these civil building projects.
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