Conventionally, bituminous membranes are the most extensively used waterproofing solution. Accessibility of valuable raw resources at competitive prices, conventional building practices, overall climatic conditions, etc.; are significant reasons for this trend, said Vartika Joshi, Senior Research Analyst, Chemicals and Materials Practice, Frost & Sullivan. According to report UAE Comes 2nd in Biggest Market For Waterproofing in the GCC.
UAE closely follows
The UAE closely follows the Kingdom of Saudi Arabia, and stand second largest market for waterproofing in the GCC, accounting for around 28 percent of the total GCC demand in 2016, said Joshi. “It is anticipated to grow at 7-8 per cent per annum in the succeeding two to three years. Growth in the construction industry, flow of plan awards so as Dubai 2020 World Expo, etc., are estimated to drive market growth.”UAE Comes 2nd in Biggest Market For Waterproofing in the GCC.
“On the other hand, the green profile of acrylic and polyurethane systems. Beside properties similar to UV resistance, and polymeric membranes, liquid membranes find larger application in areas. It resembles waterproofing through the tunnels and underground stations and wet areas waterproofing. And are likely to find wide usage in the visible areas of roofs, and moderately replace the traditional systems, in the long term ahead,” she further adds.
Through a strong recovery in the manufacturing sector in the country above all led by Dubai. And using modern architecture and the building does; demand for alternate waterproofing systems is also on the rise, notes Joshi. “The trend is further enhanced by consultants from the advanced western countries. They identified polymeric membranes over the traditional bituminous membranes for various planned and ongoing construction. As well as infrastructure projects, for the most part, post-2010.”
Demand for polymeric
Demand for polymeric sheet membranes is likely to weigh down the growth of bituminous membranes in the average to long term, as stated by Joshi. “Conversely, bituminous membranes will keep controlling the waterproofing market for the succeeding two to three years. Principally, as a result of low prices, as well as satisfactory performance, and disinclination among consultants to try out alternate systems. Moreover, it perceived better performance and longer warranty of polymeric membranes would be the key drivers. Higher material price and lack of local convenience would be the primary restraints,” she accomplishes. Therefore UAE Comes 2nd in Biggest Market For Waterproofing in the GCC.