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Waterproofing Membranes Industry Overview
The global waterproofing membranes market size was estimated at USD 22.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.9% from 2022 to 2030.
Growing demand from the waste and water management sector coupled with the increasing development in water conservation infrastructure is anticipated to positively impact market growth. Waterproofing membranes find a wide array of usage including wet rooms, roofs, water, sewage treatment plants, retaining walls, building foundation, and tunnels. Rising consumer consciousness regarding the product advantages along with the adoption of new materials such as geomembranes is expected to further propel the product demand over the projected time.
Gather more insights about the market drivers, restrains and growth of the Global Waterproofing Membranes Market
The U.S. is expected to be the largest market for waterproofing membranes in North America. Rapid industrialization on account of increasing construction projects and housing developments are expected to fuel the demand for sheet membrane in the region. Furthermore, growing consumer preference towards increasing shelf life of paint jobs on buildings is expected to drive the sheet membrane market in the region. Factors including low manufacturing costs coupled with rising mining activities in various regions are likely to increase the utilization of the product in the forthcoming years. In addition, the increasing trend of the wastewater management market is likely to augment the product demand over the forecast period.
Several regulations have been enforced for the production and use of waterproofing membranes. For instance, use for various applications, including designing and installing membranes, and flashings located in kitchens, bathrooms, and laundries located in residential buildings should be made and tested as per AS/NZS 4858:2004, wet area membranes. However, the market is subjected to the lack of experts regarding the use of the right type of membrane for durable structures such as basements, decks, watercraft, and others. This is expected to act as a restraint for the market for waterproofing membranes during the forecast period. In addition, fluctuating raw materials prices of polypropylene and bitumen obtained from crude oil further restrict the market growth.
Browse through Grand View Research's Green Building Materials Industry Research Reports.
- Polyvinyl Chloride Membranes Market - The global polyvinyl chloride membranes market is expected to grow over the forecast period on account of its increasing applications in emerging economies including Brazil, India, and China. PVC membranes are used in a wide range of applications such as construction building, packaging transportation, electronics electrical and automotive aerospace industries.
- Waterproofing Chemicals Market - The global waterproofing chemicals market demand was 3,124.2 kilotons in 2014. It is projected to expand at a CAGR of 5.0% from 2015 to 2022. Rising demand from various end-use industries including building and construction of residential and commercial buildings and landfills and tunnels is anticipated to drive growth.
Waterproofing Membranes Market Segmentation
Grand View Research has segmented the global waterproofing membranes market on the basis of product, application, and region:
Waterproofing Membranes Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)
- Liquid Applied Membranes
- Cementitious
- Bituminous
- Polyurethane
- Acrylic
- Other
- Sheet Membranes
- Bituminous
- Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Monomer (EPDM)
- Other
Waterproofing Membranes Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)
- Roofing
- Walls
- Building Structure
- Tunnel Landfills
- Other
Waterproofing Membranes Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- Central South America
- Middle East Africa
Key Companies profiled:
Some prominent players in the global waterproofing membranes market include
- BASF SE
- Kemper System America, Inc.
- GAF Materials Corporation
- Paul Bauder GmbH Co. KG
- CICO Technologies Ltd.
- Fosroc Ltd.
- DuPon
Order a free sample PDF of the Waterproofing Membranes Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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