The global bitumen membrane market is projected to witness a growth rate of 3.6% annually from 2024 to 2030, with an anticipated size of US$ 14.2 billion by 2030, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global bitumen membrane market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights
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Market Size in 2030 (billion US$) |
14.2 |
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Growth (CAGR) |
3.6% during 2024-2030 |
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Forecast Period |
2024-2030 |
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Trend Period |
2018-2022 |
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Base Year |
2023 |
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Number of Segments Covered |
6 |
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Number of Tables & Graphs |
100+ |
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Country-Level Market Assessment |
20 |
Segment Insights on the Bitumen Membrane Market:
The global bitumen membrane market is segmented based on membrane type, product type, application type, end-use type, construction type, and region.
Based on membrane type - The bitumen membrane market is segmented into sheet membranes and liquid-applied membranes. Sheet membranes will continue to dominate throughout the forecast period due to their superior durability, making them the preferred choice for large-scale commercial and infrastructure projects. Meanwhile, liquid-applied membranes are experiencing faster growth, driven by their adaptability to complex structures. The market is becoming more efficient as both segments align with evolving sustainability standards and the adoption of cool roofing technologies.
Based on the product type – The bitumen membrane market is segmented into APP, SBS, and oxidized. APP dominates the bitumen membrane market due to its superior UV resistance, durability, and thermal stability, while SBS is anticipated to experience growth during the forecast period due to its superior flexibility, elongation properties, and better adhesion to various surfaces.
Based on the application type - The bitumen membrane market is segmented into roofing, foundation & below grade, water-retaining structures, car parking decks, and infrastructure. Roofing is expected to hold its major share of the bitumen membrane market. Rising investments in infrastructure, increasing demand for energy-efficient buildings, and frequent maintenance needs are key drivers of market growth. As a result, roofing will remain the dominant and fastest-growing category through 2030, supported by expanding residential, commercial, and industrial construction activities.
Based on the end-use type - The bitumen membrane market is segmented into residential, non-residential, and infrastructure segments. The residential segment is expected to grow steadily, fueled by increasing maintenance, renovation, and repair activities. Meanwhile, the non-residential segment will continue to lead the market, driven by large-scale commercial and infrastructure projects.
Based on the construction type - The bitumen membrane market is segmented into new construction and renovation. New construction is expected to be the dominant construction type of the market, outpacing renovation. New construction, backed by increasing urbanization and infrastructure growth, serves as the market’s primary catalyst. Meanwhile, renovation sustains steady demand as older structures require modernization, and sustainability efforts push for enhanced waterproofing solutions.
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific remains the most valuable region and is expected to maintain its market share. This growth outlook is majorly attributed to the following–
- Urbanization
- Infrastructure projects
- Strong construction demand
Likewise, North America is projected to experience the highest growth during the forecast period. North America is driven by renovations, stringent regulations, and increasing adoption of advanced, sustainable waterproofing solutions.
Bitumen Membrane Market Drivers:
Some of the key drivers listed in the report are given below.
- Rising housing demands and growing construction spending across residential and non-residential projects.
Top Companies in the Bitumen Membrane Market:
The market is moderately concentrated, with some local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players.
- Carlisle Companies Inc.
- H.B. Fuller
- Holcim Group
- Kemper System America, Inc.
- Mapei S.p.A.
- Oriental Yuhong Waterproofing Technology
- RPM International
- Saint-Gobain
- Saint-Gobain
- Sika AG
- Soprema Group
- Standard Industries
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth analysis of the Bitumen Membrane Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market segment analysis and forecast |
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Who are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
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