Carlisle Companies Inc. Expanded Its Presence In The Waterproofing Membranes Market With The Launched Of New Barribond XL Liquid Flashing And Detail Sealant

Waterproofing Membranes Market

 The growing demand for waterproofing membranes from various end-use industries such as building, roofing, mining, and construction are driving the growth of the global waterproofing membranes market. For instance, according to the report published by the European Commission in June 2018 titled ‘European Construction Sector Observatory’, the construction of the residential building is rising since 2014 with 379,000 dwellings got authorization for construction in 2014, and 396,900, 453,200, and 497,000 in 2015, 2016, and 2017, respectively in France. The increasing focus of key players to introduce a new product in waterproofing membranes is expected to provide lucrative opportunities in the near future. For instance, in 2019, Carlisle Companies Inc. launched the new BarriBond XL liquid flashing and detail sealant. The new product is expected to solve problems caused due to shortage of polyether polymer and it can also be a substitute for polyether polymers for all applications

The Asia Pacific is expected to dominate the global waterproofing membranes market and this is attributed to the rapid growth in the infrastructure industry in the region. According to the India Brand Equity Foundation, in 2019, the sector witnessed seven mergers and acquisition (M&A) deals worth US$ 1,461 million.

  1. In 2018, Supreme Industries Limited, a processor of plastic-based in India, launched a new waterproofing membrane called ‘DURAmembrane’ which is a durable, lightweight, and cost-effective solution specially designed for waterproofing and construction chemicals industries. DURAmembrane is a cost-effective solution for waterproofing roofs, basements, terraces, gardens, and bathrooms

  2. In May 2018, GCP Applied Technologies entered into an agreement to acquire Stirling Lloyd, a U.K.-based supplier of high-performance liquid waterproofing and coating products. This acquisition has helped GCP to expand its product portfolio and presence in the U.K. market

  3. In January 2019, Sika Group acquired major stakes of Index Construction Systems and Products, an Italy-based manufacturer of roofing and waterproofing systems. This acquisition is expected to help the company in expanding its product portfolio and strengthening its position in the Italy market

Waterproofing membranes are applied to the roofing and the wall surface to help prevent leaks. The membranes act as a barrier keeping the water out from the structure. The membranes block the water coming in from the roof, and they also allow the water to seep in from the sides of the house. It is important to know the basics of these materials to know how to properly care for them. Moisture causes damage to the wood, metal, and cement surfaces inside the house. A major problem with leaks occurs when there is not enough of the substance to stop all the water coming into the building. Waterproofing membranes are an effective way to protect these surfaces from the water that may cause damage.

Location: India

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