Technology

Global Waterproofing Membranes Market, Trends, Report 2024-2032

Waterproofing Membranes Market

IMARC Group’s report titled “Waterproofing Membranes Market Report by Product (Liquid Applied Membranes, Sheet Membranes), Usage (Refurbishment, New Construction), Application (Roofing and Walls, Water and Waste Management, Building Structures, Tunnel Liners, Bridges and Highways), and Region 2024-2032”. The global waterproofing membranes market size reached US$ 27.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.

Grab a sample PDF of this report: https://www.imarcgroup.com/waterproofing-membranes-market/requestsample

Factors Affecting the Growth of the Waterproofing Membranes Industry:

  • Technological Innovations and Product Advancements:

Manufacturers are focusing on introducing innovative products that offer enhanced performance, durability, and environmental sustainability. The development of eco-friendly, energy-efficient waterproofing solutions, such as green roofs and solar-integrated roofing systems, is gaining traction. These advancements not only cater to the growing environmental concerns and stringent regulatory policies but also meet the changing demands of the construction industry. Moreover, the integration of smart technologies for improved application and monitoring capabilities is enhancing the functionality of waterproofing membranes.

  • Increased Awareness About Building Protection and Maintenance:

The rising awareness among individuals and construction professionals about the importance of building protection and maintenance is contributing to the market growth. The detrimental effects of water damage, including mold growth, structural failures, and reduced building lifespan, are well-documented. Waterproofing membranes serve as an effective solution for preventing water ingress, moisture accumulation, and related issues. This preventive approach is becoming popular in both new construction projects and the renovation of existing structures. The growing focus on sustainable construction practices and the need for buildings to meet certain environmental and safety standards are further driving the demand for high-quality waterproofing solutions.

  • Stringent Environmental and Building Regulations:

Governing bodies and regulatory agencies are enforcing rules that mandate the use of high-quality, sustainable building materials to minimize environmental impact and ensure public safety. These regulations often include specific requirements for waterproofing to prevent water pollution and damage to buildings and infrastructure. Construction companies and developers are seeking advanced waterproofing solutions that comply with these regulatory standards, driving the demand for membranes that are not only effective but also environment-friendly. This shift towards regulatory compliance encourages innovation in the industry and is leading to the development of new materials and application methods that adhere to international standards.

Leading Companies Operating in the Global Waterproofing Membranes Industry:

  • BASF SE
  • Carlisle Companies Incorporated
  • Dow Inc.
  • Firestone Building Products (Holcim Group)
  • Fosroc Inc. (JMH Group)
  • GAF Materials Corporation (Standard Industries)
  • GCP Applied Technologies (W. R. Grace and Company)
  • Johns Manville (Berkshire Hathaway Inc.)
  • Mapei S.p.A
  • Paul Bauder GmbH & Co. KG
  • Renolit SE (JM Holding GmbH & Co. KGaA)
  • Sika AG
  • Soprema S.A.S.

Waterproofing Membranes Market Report Segmentation:

By Product:

  • Liquid Applied Membranes
    • Cementitious
    • Bituminous
    • Polyurethane
    • Acrylic
    • Other
  • Sheet Membranes
    • Bituminous
    • Polyvinyl Chloride (PVC)
    • Ethylene Propylene Diene Monomer (EPDM)
    • Other

Liquid applied membranes exhibit a clear dominance in the market due to their flexibility, ease of application, and effectiveness in creating seamless barriers against water infiltration.

By Usage:

  • Refurbishment
  • New Construction

New construction represents the largest segment attributed to the growing infrastructure development and stringent building codes emphasizing waterproofing.

By Application:

  • Roofing and Walls
  • Water and Waste Management
  • Building Structures
  • Tunnel Liners
  • Bridges and Highways

Roofing and walls hold the biggest market share, as these areas are critical for ensuring the overall structural integrity and water resistance of buildings.

Regional Insights:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Asia Pacific dominates the market owing to rising investments in construction projects and a heightened focus on sustainable and resilient infrastructure.

Global Waterproofing Membranes Market Trends:

The growing emphasis on smart and sustainable waterproofing solutions, driven by the shift towards environmental sustainability and resource efficiency, is offering a favorable market outlook. Innovations, such as bio-based waterproofing membranes and the incorporation of internet of things (IoT) technology for real-time monitoring of water leakage and membrane integrity are gaining traction. These advancements offer the dual benefits of minimizing environmental impact and enhancing the operational efficiency of waterproofing systems.

Furthermore, the increasing popularity of green and living roofs, which integrate waterproofing membranes with vegetation, is contributing to urban heat island mitigation, stormwater management, and biodiversity, aligning with the broader goals of sustainable urban development.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

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Email: sales@imarcgroup.com

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