Booming Infrastructure to Provide Impetus to Growth of Elastomeric Membrane Market

The global elastomeric membrane market is anticipated to experience a positive growth curve in the forthcoming years. According to a recent report by Transparency Market Research (TMR), the high demand from end-use industries is expected to provide an impetus to the growth of this market. The report, titled, “Elastomeric Membrane Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” sheds lights on the structure of the market and discusses the factors influencing the elastomeric membrane market over the forecast period of 2017 to 2025. The report analyzes factors shaping the size and valuation of the market in the years to come, along with the significant industry trends that could impact the market.

Elastomeric membrane is a kind of material used majorly in waterproofing and roofing. The material has the ability to withstand very high temperatures and has an excellent durability. The material can be used in locations with extreme temperatures. With a lifespan of 25-30 years, and high moisture resistance makes the material the top choice for utilization on roofs. Manufactured to cure by reaction with atmospheric moisture to give a continuous film which is rubbery and elastic. Elastomeric membrane cures to a permanently flexible seamless membrane that, by virtue of its chemical reactivity in the wet state, has good adhesion to a wide range of substrates. Unlike more traditional bitumen based products, It is not adversely affected by extremes of temperature consequently it does not crack at low temperatures or suffer thermal flow at elevated temperatures.

When used on large, flat and low-slope roofs, these membranes can help resist moisture and require minimal maintenance. While these membranes find application in a number of end-uses, such as walls, roofs, wet areas, and underground construction, the steep price of the material is somewhat discouraging. However, as these material offer a much higher shelf life and utility, their cost may be justified and redeemed over the years.

Elastomeric membranes are primarily of two types- the traditional dual-layered membrane and the self-adhesive elastomeric membrane. The traditional membrane comprises of two layers-the base layer and a finishing layer on top. The top layer is made up of granules, which helps in making the membrane resistant to the environmental conditions. The installation of the top layer is done using a blow torch. Comparatively, the self-adhesive are easier to apply and install. They do not require blow torching, but are rather cold-applied on the low sloped or flat roof.

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The surge in environmental regulations and boom in infrastructural development are expected to be key factors impacting the growth of the global elastomeric membrane market. The U.S.’s EPA recently introduced a program that mandates certain guidelines to be met by roof coatings, under the Green Building Council. These include certain levels of high-solids content, testing procedures and properties to be met by elastomeric membranes. Setting such standards is expected to play a vital role in uplifting the elastomeric membrane market to a large extent.

Being a highly fragmented and competitive market, the vendors are expected to focus on innovative product development. Some of the key players operating in the market are KEMPER SYSTEM, Johns Manville, KARNAK, BASF SE, and Carlisle Companies Inc.

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