PUBLISHER: The Business Research Company | PRODUCT CODE: 1713549
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713549
Building waterproof repair involves enhancing the water resistance of structures to prevent water ingress and damage. This process typically includes identifying and sealing leaks, applying waterproof coatings or membranes, and repairing any damaged or degraded materials.
The main types of building waterproof repair are construction waterproofing, material waterproofing, and general building waterproof repair. Construction waterproofing involves applying materials to surfaces such as foundations, roofs, and walls to create a barrier against water penetration. This technique is used both in new construction and refurbishments and is applicable to various settings, including residential buildings, hotels, schools, office buildings, shopping malls, and more.
The building waterproof repair market research report is one of a series of new reports from The Business Research Company that provides building waterproof repair market statistics, including building waterproof repair industry global market size, regional shares, competitors with a building waterproof repair market share, detailed building waterproof repair market segments, market trends and opportunities, and any further data you may need to thrive in the building waterproof repair industry. This building waterproof repair market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The building waterproof repair market size has grown strongly in recent years. It will grow from $20.65 billion in 2024 to $22.1 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing demand for long-lasting building materials, growth in the construction industry, growth in government regulations, increasing investment in preventive maintenance, and a rise in insurance claims.
The building waterproof repair market size is expected to see strong growth in the next few years. It will grow to $28.7 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growing urbanization, growing residential and commercial developments, and increasing population increasing demand for housing, increasing focus on cost-effective waterproofing solutions, and increasing education and training programs. Major trends in the forecast period include technological advancements, advanced technologies, eco-friendly solutions, smart building integration, and diagnostic tools.
The increasing residential and commercial developments are projected to drive the growth of the building waterproof repair market in the future. Residential and commercial developments encompass the construction and development of housing units and business-oriented properties designed to meet the needs of individuals, families, and businesses within a community. These developments are rising due to factors such as population growth, urbanization, increasing demand for housing and business spaces, economic expansion, and the necessity for modern infrastructure to accommodate evolving lifestyles and business requirements. Building waterproof repair is crucial for residential and commercial projects to prevent water infiltration, which can cause structural damage, mold growth, and deterioration of building materials, ultimately protecting the integrity, safety, and longevity of the property. For example, in November 2023, the Office for National Statistics, a UK-based government agency, reported that the value of new construction work in current prices in Great Britain soared by 15.8% to a record $173.1 billion (£132.99 billion) in 2022, driven by an increase in private sector work amounting to $18.34 billion (£14.09 billion) and public sector work totaling $5.29 billion (£4.07 billion). Therefore, the growth of residential and commercial developments is driving the expansion of the building waterproof repair market.
Key companies in the building waterproof repair market are focusing on developing advanced products such as roof waterproofing solutions to effectively prevent water infiltration. Roof waterproofing products include materials and coatings designed to create a protective barrier on roofs, preventing leaks and water damage. For instance, in June 2023, Fosroc, a UAE-based construction company, introduced the Polyurea WH 100. This roof waterproofing product is notable for its hand-applied application, which is particularly useful for flat roof installations where detailed work is challenging and spray equipment may not be available. The product's seamless finish and advanced polyurea technology provide durable waterproofing. The quick return-to-service times facilitate minimal delays for subsequent trades, potentially reducing overall construction times. The new Polyurea WH 100 enhances Fosroc's Polyurea portfolio, addressing a wide range of waterproofing needs across different market sectors.
In December 2023, U.S. Waterproofing, a provider of waterproofing services based in the US, acquired Engineered Solutions of Georgia (ESOG) for an undisclosed amount. This acquisition aims to strengthen U.S. Waterproofing's presence in the Southeast and expand its service offerings. Engineered Solutions of Georgia (ESOG), also based in the US, specializes in residential foundation repair, basement waterproofing, and crawl space encapsulation services.
Major companies operating in the building waterproof repair market are BASF SE, Compagnie de Saint-Gobain S.A., Sika AG, RPM International Inc., Carlisle Companies Inc., Mapei S.p.A, Oriental Yuhong Waterproof Technology Co. Ltd., Soprema Group, Johns Manville, Dongfang Yuhong Building Materials Group Co. Ltd., GAF Materials LLC, W.R. Grace & Co., Pidilite Industries Ltd, Keshun Construction Materials Co. Ltd., Ardex Group, Hongxing Dongsheng Construction Materials Co. Ltd., Tremco Incorporated, Qinglong Construction Materials Co. Ltd., Shiji Hongyu Construction Materials Co. Ltd., Fosroc International Ltd, Choksey Chemicals Pvt. Ltd., Unique Stone Studio Inc.
Asia-Pacific was the largest region in the building waterproof repair market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the building waterproof repair market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the building waterproof repair market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The building waterproof repair market consists of revenues earned by entities by providing services such as basement waterproofing, wall and facade waterproofing, crack and joint sealing, balcony waterproofing, and foundation waterproofing. The market value includes the value of related goods sold by the service provider or included within the service offering. The building waterproof repair market also includes sales of waterproof membranes, waterproof coatings, drainage systems, sump pumps, and vapor barriers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Building Waterproof Repair Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on building waterproof repair market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for building waterproof repair ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The building waterproof repair market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.