Dec, 27 2022

BASF SE, Sika AG, and Mineral Technologies Inc dominated the Europe Waterproofing Membrane Market in 2022

Europe Waterproofing Membrane Market is expected to grow with a CAGR of 5.4% in the forecast period of 2023 to 2030. The years considered for the study are as mentioned below.

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The Europe waterproofing membrane market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to a favorable market scenario.

The major players dealing in Europe additive manufacturing market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

In May 2019, Nophadrain BV launched a new product, the ND X20 Drainage System. This approx. 20 mm high drainage system is the heart of the Nophadrain Extensive Green Roof Systems

In November 2021, Fosroc has recently introduced Polyurea WH 100, a product that gives many benefits to a wide range of roof waterproofing applications. Its hand-applied application makes it very easy to install, which is especially beneficial in flat roof applications

BASF SE

BASF SE is headquartered in Ludwigshafen, Germany, in public ownership, it was founded in 1865. The company is engaged in various business strategies to adapt to the needs of individual industries and markets. The company has business segments Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The company has product categories such as Agriculture, Automotive & Transportation, Construction, Chemicals, Coatings Solutions, Construction, Electronics & Electric, Energy & Resources, Furniture & Wood, Home Care and Industrial & Institutional Cleaning, Nutrition, Packaging & Print, Paints & Coatings, Personal Care & Hygiene, Pharmaceuticals, Plastics & Rubber, Pulp & Paper, Textile, Leather & Footwear. On-Demand, out of which construction is a market-focused product. The company has a global presence across North America, South America, Europe, Asia-Pacific, the Middle East and Africa. The company has subsidiaries which are Wintershall (Germany), BASF Coatings GmbH (Germany), BASF Japan (Japan), Nunhems B.V. (Netherlands), and Chemetall GmbH (Germany), amongst others.

For instance

In October 2021, Partners for Environmental Progress (PEP) awarded the BASF SE’s facility in McIntosh, Alabama, a 2022 Environmental Stewardship Award for the site’s production of light stabilizers. They worked to enhance the durability of plastics, coatings and membranes for automotive and construction materials applications. This has enhanced the company’s reputation in the global market.

Sika AG

Sika Ag, headquartered in Baar, Switzerland, is public ownership and was founded in 1910. The company is engaged in developing and producing systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector. The company has a market segment of EMEA, Americas, Asia/ Pacific, and global business. The company has product categories of Construction Solutions, Industry Solutions. The company has a presence in North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The company has subsidiaries which are Sika Corporation (U.S.), Schonox GmbH (Germany), Sika Egypt For Construction Chemicals S.A.E. (Egypt), Sika Deutschland GmbH (Sika Deutschland) (Germany), Sika S.A. (Saudi Arabia) amongst others

For instances

In May 2022, Sika acquired United Gilsonite Laboratories (UGL) in the United States, a well-recognized manufacturer of products for consumer and DIY waterproofing applications

Mineral technologies inc

Mineral technologies inc is headquartered in New York, USA, with public ownership. It was founded in 1992. The company provides innovative specialty minerals and delivers technologically advanced and sustainable solutions. The company has business segments Performance Materials, Speciality Minerals, and Refectories. The company has several product categories Paper & Packaging, Agriculture, Foundry, Steel & Industrial Refractories, Consumer, Oil & Gas Services, Environmental, Specialized Carbon Solutions, Automotive & Commercial vehicles, Analytical Services, Building & Construction, and Logistics Services. On-demand, out of which Building & Construction is the market product categories. The company has a Global presence. North America, South America, Europe, Asia Pacific and the Middle East and Africa. The company has subsidiaries which are Amcol International Corporation (U.S.), Colloid Environmental Technologies Co (U.S.), Minteq International Inc (England), American Colloid Company (U.S.), and Specialty Minerals Inc (U.S.), amongst others.

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