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Waterproofing Membranes Market Outlook 2031

• The global waterproofing membranes market was valued at US$ 23.2 Bn in 2021


• It is estimated to grow at a CAGR of 7.1% from 2022 to 2031


• The global waterproofing membranes market is expected to reach US$ 43.0 Bn by the end of 2031

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Analysts’ Viewpoint on Waterproofing Membranes Market Scenario

Companies operating in the waterproofing membranes market are focusing on the development of energy-efficient construction materials in order to reduce the environmental impact. This is driving the waterproofing membranes market. Growth of the waterproofing membranes market is also ascribed to the increase in applications of elastomeric waterproofing membranes in roofing and walls, building structures, water and waste management, and landfills and tunnel liners. Rise in demand for waterproofing membranes in building foundations is attributable to their water repellant properties. Manufacturers of waterproofing products and systems are creating incremental opportunities by investing significantly in R&D and producing innovative, eco-friendly, sustainable, and high-quality waterproofing solutions that minimize utility and maintenance costs.

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