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WILMINGTON, Del. , July 8, 2022 /PRNewswire/ -- The global waterproofing membranes market is estimated to register growth at a CAGR of 7.1% during the forecast period from 2022 to 2031, as per a study by Transparency Market Research (TMR).
Waterproofing assists in providing a building protection from different types of water damages and helps in avoiding further repair work pertaining to the structure, notes a TMR report on the waterproofing membranes market. Waterproofing membranes are gaining impetus in the construction industry owing to their ability to offer dependable protection against climatic conditions and condensation.
The competition landscape of the global waterproofing membranes market. Hence, players are focusing on the use of different business expansion strategies such as mergers, acquisitions, and product innovations in order to stay ahead of the competition.
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Liquid-applied membranes and sheet-based membranes are some of the key types of waterproofing membrane available in the market. Of them, the demand for liquid-applied membranes is being increasing in the construction industry as it cures in the air to form a joint-free, seamless membrane, notes a TMR report on the waterproofing membranes market. Moreover the application procedure of the liquid waterproofing is requires less time. As a result, the market players are expected to gain sizable growth prospects during the forecast period owing to the rising popularity of the liquid waterproofing membranes.
Waterproofing Membranes Market: Key Findings
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Waterproofing Membranes Market: Growth Boosters
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Waterproofing Membranes Market: Regional Analysis
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Waterproofing Membranes Market: Key Players
Some of the key players profiled in the report are:
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