Waterproofing Membranes Market (By Product: Liquid Applied Membranes, Sheet Membranes; By Application: Roofing, Walls, Building Structure, Tunnel & Landfills) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 20222030

The global waterproofing membranes market size was valued at USD 21.1 billion in 2021, and is predicted to be worth around USD 39.1 billion by 2030, registering a CAGR of 5.9% during the forecast period 2022 to 2030.

Growth Factors

Growing advancement in infrastructure and construction activities coupled with a rise in demand for wastewater and water management is expected to drive the market. Biomembranes are expected to witness a high adoption trend in the coming future owing to the increasing product demand in green-building construction. In addition, government support to replace old buildings with new ones is opening new growth avenues for the construction industry, which, in turn, is adding growth to the market.

The market is highly dependent upon the dynamic of the raw material supply chain. Although all types of products including cementitious, bituminous, polyurethane, and others are used for manufacturing waterproofing membranes, cementitious liquid applied membrane and bituminous sheet membranes are the most commonly used waterproofing membrane in the market. The industry exhibits several mature players controlling the significant market share. However, increasing competition from a large number of small and local manufacturers from Asia Pacific is expected to increase the market competition. The market players put high stress on using sustainable raw materials to ensure an environmentally friendly image to their clients.

Report Coverage

By Product Analysis

The liquid applied membrane product segment led the market for waterproofing membranes and accounted for the largest revenue share of more than 63.0% in 2021. The growth can be attributed to the growing awareness towards the advantages of the product such as cost-effectiveness and ease of installation.

Polyurethane liquid applied membrane is expected to grow at a significant rate of 8.8% in terms of revenue during the forecast period. It features uniform thickness making its utilization easy across various applications. 

Demand for the bituminous liquid membrane is expected to witness a CAGR of 6.6% in terms of volume over the projected period, owing to its unique properties such as high resistance to weathering and aging. It increases the product viability in terms of flexibility at low temperatures, high UV resistance properties, and improved flow resistance at high temperatures. 

By Application Analysis

The roofing application segment led the market for waterproofing membranes and accounted for the largest revenue share of more than 31.0% in 2021. The growth can be attributed to its rising application in the Asia Pacific region for residential housing construction. 

The building structure is expected to witness a growth rate of 7.6% in terms of revenue over the forecasted period which can be attributed due to its high application in building to improve the shelf life and protection at varying temperatures. In addition, increasing use of sheet membrane products for flooring application in buildings is further expected to add growth prospects to the market.

The landfill and tunnels segment accounted for USD 1.2 billion in 2021 and is expected to witness substantial growth during the forecast period owing to the rise in demand for cleaning methods in the tunnels. The rising demand for waterproofing membranes in developing countries on account of increasing industrial activity, which, in turn, leads to a rising amount of waste is expected to drive the market for waterproofing membranes on a positive note. 

By Regional Analysis

Asia Pacific led the waterproofing membranes market and accounted for the largest revenue share of more than 31.0% in 2021. The growth can be attributed to the growing infrastructural developments and rapid industrialization, especially in China and India.

In North America, the market for waterproofing membranes was valued at USD 5.0 billion in 2021 and is expected to grow at a significant rate over the forecast period, which can be attributed to the rise in construction activities in Mexico and Canada.

The increasing adoption of waste management and water conservation demanding liquid applied and sheet membranes products in residential and buildings is further expected to increase the product demand in the region over the forecast period. 

Key Players

• BASF SE

• Kemper System America, Inc.

•  Paul Bauder GmbH & Co. KG

• CICO Technologies Ltd.

• Fosroc Ltd

• GAF Materials Corporation

• Alchimica Building Chemicals

• Maris Polymers

• Isomat S.A.

Market Segmentation

• By Product

  • Liquid Applied Membranes

    • Cementitious

    • Bituminous

    • Polyurethane

    • Acrylic

    • Other

  • Sheet Membranes

    • Bituminous

    • Polyvinyl Chloride (PVC)

    • Ethylene Propylene Diene Monomer (EPDM)

    • Other

• By Application 

  • Roofing

  • Walls

  • Building Structure

  • Tunnel & Landfills

  • Other

• Regional

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • Japan

  • Central & South America

    • Brazi

  • Middle East & Africa

The waterproofing membranes market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of waterproofing membranes market for the base year 2022 and the forecast between 2022 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global waterproofing membranes market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the waterproofing membranes market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted waterproofing membranes market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the waterproofing membranes capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of waterproofing membranes by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global waterproofing membranes market. These figures have been provided in terms of both revenue and volume for the period 2019 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major waterproofing membranes market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of waterproofing membranes market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the waterproofing membranes industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

waterproofing membranes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to waterproofing membranes market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of waterproofing membranes market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new waterproofing membranes market. These factors have benefited the growth of the global market for waterproofing membranes. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for waterproofing membranes. The global market is segmented on the basis of region, application, end-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of waterproofing membranes are as follows:

• History Year: 2019-2021

• Base Year: 2022

• Forecast Year 2022  to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2019-2022) and forecast (2022-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

To strategically profile the key players and comprehensively analyze their growth strategies.