Liquid Applied Membranes Market: Global Industry Analysis and Forecast 2014 2020
Persistence Market Research
Liquid Applied Membranes Market: Global
Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
1
Liquid Applied Membranes Market: Global Industry Analysis and Forecast 2014 2020
Persistence Market Research Released New Market Report on “Liquid Applied Membranes
Market: Global Industry Analysis and Forecast 2014 - 2020”.
Liquid Applied Membrane (LAM) is a low viscosity waterproofing membrane which is applied as
a liquid coating to horizontal and vertical surfaces. LAM is also considered as a next generation
waterproofing chemical and its monolithic, seamless property, and the capability to conform to
every configuration is causing its demand to escalate in the global construction industry. Usage
of bad quality construction material in the past, followed by poor maintenance of the building
structure is creating a strong market for repair and rehabilitation, which can be resolved by liquid
applied membranes. About 40-45% of the demand for liquid applied membrane comes from
repair and restoration projects. Liquid applied membranes are also efficient in reducing cracks in
the concrete, thus driving its demand across the globe.
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Improving infrastructure and increasing infrastructural spending coupled with rising disposable
income of average consumers is expected to drive the liquid applied membrane market in North
America, which was the largest market in 2013. Due to growing industrialization and
urbanization in developing countries such as India and China, growth in Asia Pacific is expected
to be the highest in the next few years and Asia Pacific is expected to be the largest market for
liquid applied membrane by 2020.
On the basis of types or segment, liquid applied membrane is broadly classified into:...