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Elastomeric Membrane Market Share

Report ID: GMI8473
Published Date: Mar 2024
Report Format: PDF

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Elastomeric membrane Market Share

Global Elastomeric Membrane Market Company Share (%), (2023)

Businesses in the elastomeric membrane industry use a variety of tactics to drive expansion and maintain their competitiveness. These strategies include investing in R&D to improve product efficacy and performance, expanding distribution channels to access new markets, developing strategic partnerships and collaborations to leverage combined expertise and resources, developing innovative product development to meet shifting industry needs, and implementing customer-focused approaches to provide tailored solutions and boost satisfaction. In addition, they employ marketing and promotional strategies to improve brand awareness and recognition. Players in the elastomeric membrane industry want to strengthen their position in the market and take advantage of new opportunities by launching these programs.

BASF, Carlisle, and Firestone lead the elastomeric membrane industry with distinct strategies. BASF prioritizes innovation, continually enhancing membranes to match industry demands. Carlisle expands distribution channels to reach new markets, while Firestone collaborates with partners to leverage resources. Despite differences, all invest heavily in research and development to improve products. They also prioritize customer needs by offering customized solutions and boosting brand visibility through marketing.

Elastomeric membrane Market Companies

Major players operating in the elastomeric membrane industry include:

BASF SE
Carlisle Construction Materials
Firestone Building Products
GAF Materials Corporation
Henry Company
Johns Manville
Mapei Corporation
Sika AG
SOPREMA Group
Tremco Incorporated
Triflex GmbH & Co. KG
W. R. Grace & Co.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of elastomeric membrane was reached USD 42 billion in 2023 and is poised to expand at over 7.2% CAGR between 2024 and 2032 owing to the global upsurge in building projects, particularly in expanding cities.

The ethylene propylene diene monomer segment reached USD 16.5 billion in 2023 and is projected to witness high demand till 2032, due to its flexibility, durability, and exceptional resistance to weathering.

Asia Pacific elastomeric membrane market size accounted for USD 12.4 billion in 2023 and is estimated to record substantial growth through 2032, due to the uptick in construction, urbanization, and infrastructure endeavours.

Some of the top companies engaged in the elastomeric membrane industry are BASF SE, Carlisle Construction Materials, Firestone Building Products, GAF Materials Corporation, Henry Company, Johns Manville, Mapei Corporation, Sika AG, SOPREMA Group, Tremco Incorporated, Triflex GmbH & Co. KG, and W. R. Grace & Co.