The waterproofing membranes market is estimated to be valued at USD 26.55 Bn in 2024 and is expected to reach USD 46.10 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 26.55 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
8.20% |
2031 Value Projection: |
US$ 46.10 Bn |
Figure. Waterproofing Membranes Market Share (%), By Region 2024
Waterproofing membranes are essential construction materials used to prevent water penetration and seepage into buildings and structures. They provide a protective barrier over building surfaces such as roofs, walls, and foundations. Various advancements in material technology have led to the development of highly durable and versatile waterproofing membranes made from synthetic polymers and modified bitumen. Increased focus on sustainability and energy-efficiency in infrastructure is driving the demand for green waterproofing solutions. Moreover, growing construction spending on commercial and residential projects worldwide will aid the expansion of the waterproofing membranes market in the coming years.
Market Dynamics:
The global waterproofing membranes market is driven by growing construction activities, stringent building codes and regulations regarding waterproofing, and increasing spending on infrastructure development projects. However, high material and installation costs pose a challenge to market growth. Advancements in self-healing waterproofing technologies provide new opportunities. Self-healing membranes can autonomously repair cracks or punctures, extending their lifespan substantially. Moreover, rising demand for sustainable green waterproofing solutions that qualify for LEED credits will create new revenue streams.
Key Features of the Study:
- This report provides in-depth analysis of the global waterproofing membranes market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global waterproofing membranes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Carlisle Companies Inc., Chryso S.A.S., Copernit S.P.A., Derbigum, DuPont de Nemours Inc., Firestone Building Products Company LLC., Flex Roofing Systems, Fosroc Inc., GAF Materials Corporation, GCP Applied Technologies, IKO Industries Ltd., ISOMAT S.A., Johns Manville Corporation, Juta A.S., RENOLIT SE, Sika Group, Solmax International Inc., and Soprema Group.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global waterproofing membranes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global waterproofing membranes market.
Detailed Segmentation-
- By Category:
- Liquid Applied Membranes
- Sheet-based Membranes
- By Product Type:
- SBS Bitumen
- APP Bitumen
- Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Monomer (EPDM)
- Thermoplastic Olefin (TPO)
- High-density Polyethylene (HDPE)
- Low-density Polyethylene (LDPE)
- Others
- By Application
- Roofing & Walls
- Building Structures
- Waste & Water Management
- Mining Application
- Landfill & Tunnel Liners
- Bridges & Highways
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Carlisle Companies Inc.
- Chryso S.A.S.
- Copernit S.P.A.
- Derbigum
- DuPont de Nemours Inc.
- Firestone Building Products Company LLC.
- Flex Roofing Systems
- Fosroc Inc.
- GAF Materials Corporation
- GCP Applied Technologies
- IKO Industries Ltd.
- ISOMAT S.A.
- Johns Manville Corporation
- Juta A.S.
- RENOLIT SE
- Sika Group
- Solmax International Inc.
- Soprema Group