Self-adhesive Membrane Market: Introduction
·
Self-adhesive membranes are employed in the building and
construction industry. Self-adhesive membranes are waterproof and can be
applied on various parts of a building. These membranes are versatile and
ready-to-use by simple removal of the silicone film. Waterproofing
self-adhesive membranes can be cold applied, without using flames or heat
sources.
·
Self-adhesive membranes are resistant to chemical agents, tear,
and perforation. These membranes are bitumen-based reinforced with HDPE
(High-density polyethylene) for tanking applications. Self-adhesive membrane is
a revolutionary concept of manufacturing dual compound self-adhesive membranes
using waterproofing formulation on the side exposed to weather conditions and a
self-adhesive formulation on the other side of the reinforcement.
Key Drivers of Self-adhesive Membrane Market
·
Self-adhesive membrane offers various benefits such as energy
efficiency, cost-effectiveness, high durability, and heat resistance. These
benefits are driving their demand in applications such as roofing and building
structures. Expansion of the construction industry in China and other emerging
countries is driving the self-adhesive
membrane market.
·
Rise in implementation of regulatory restrictions on VOCs and
increase in cost of labor to install traditional roofing systems is expected to
create lucrative opportunities for the self-adhesive membrane market during the
forecast period
Restraints of Self-adhesive Membrane Market
·
Dearth of universal directives pertaining to applications of
self-adhesive membranes is expected to restrain the market during forecast
period. Every country has different directives pertaining to applications of
self-adhesive membrane. Companies find it difficult to deal with these
country-wise regulations, which in turn discouraging the investment in the
self-adhesive membrane market, thereby restraining the market during forecast
period.
·
High cost of production and distribution is another major
restraint of the self-adhesive membrane market
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COVID-19 impact on Self-adhesive Membrane Market
·
The COVID-19 outbreak is hampering the demand for dry
construction in many applications. Governments of various countries across the
globe have enforced lockdown measures to curb the spread of the disease. This
has resulted in the slowdown and halt in manufacturing operations, restrictions
on supply and transport, and infrastructure slowdown. In turn, this has led to
a decline in in demand for dry construction across the globe.
·
Key players operating in the self-adhesive membrane market are
primarily tier I and tier II manufacturers and suppliers. Manufacture and
supply chain facilities of these manufacturers are spread across various
countries in Asia Pacific, Europe, North America, Latin America, and Middle
East & Africa. Many of these players have halted their production output
over the last few months due to the COVID-19 pandemic. The pandemic has
negatively impacted the demand and supply chain of these membranes.
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Asia Pacific to Hold Major Share of Self-adhesive Membrane
Market
·
In terms of geography, the global self-adhesive membrane market
can be segmented into North America, Asia Pacific, Europe, Middle East &
Africa, and Latin America
·
The self-adhesive membrane market in Asia Pacific is expanding
at a rapid pace due to the growth of the building & construction industry
in the region. Manufacturing companies and end-product manufacturers are
investing significantly in advancements in technology in order to meet the
rising demand for these membranes among end-user industries.
·
Demand for self-adhesive membranes is increasing in North
America and Europe due to rise in governmental investments in infrastructure
development in these regions
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Self-adhesive Membrane Market: Key Players
Major
players operating in the self-adhesive membrane market are adopting various
organic and inorganic growth strategies such as joint ventures, mergers &
acquisitions, expansion, collaborations, new product launches, strategic
alliances, and research and development to increase their regional presence and
business operations. Key players operating market include:
·
Eagle Insulations Limited
·
Isoltema Spa
·
APOC
·
Polyglass Spa
·
Carlisle Companies Inc.
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