Saint-Gobain, Grupa Selena, Sika AG, Mapei S.p.A., and ARDEX Group, among others, are the major players in the Brazil waterproofing market.
The Brazil waterproofing market is expected to grow at a CAGR of 5% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is being driven by growing concerns regarding high costs of water-induced damages.
The increasing prevalence of extreme weather conditions and the surging concerns regarding high costs associated with water-induced damages are prompting homeowners and builders to adopt innovative waterproofing solutions. The growing focus to enhance the durability and maintain the structural integrity of buildings is also driving the demand for waterproofing solutions. With the rising awareness regarding the importance of waterproofing for establishing a comfortable and healthy environment in interior spaces, the market is witnessing a healthy growth.
In the residential sector, balconies and terraces are increasingly considered extensions to living spaces, which is surging the utilisation of high-performance waterproofing solutions. Homeowners are increasingly preferring waterproofing membranes offering ease of application and excellent mechanical strength for use in balconies and terraces.
There is a growing preference for waterproofing solutions that offer enhanced water resistance, high strength, flexibility, and excellent adhesion properties. Various leading companies in the market are increasingly investing in research and development activities to drive the development of innovative waterproofing products and solutions. The increasing launches of versatile waterproofing membranes by key players that can withstand negative-side hydrostatic pressure, prevent water intrusion, and resist standing water in both above and below grade applications are likely to fuel the market in the forecast period.
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Saint-Gobain is a company that designs, manufactures, and markets innovative services and materials for use in the industrial and construction sectors. Its solutions are extensively used for driving the decarbonisation of the construction sector. With manufacturing bases across 75 countries, the company aims to offer products that provide a positive impact on the planet and its inhabitants. In October 2022, the company partnered with Ecocem to reduce carbon emissions from concrete, mortar, and cement.
Grupa Selena is a leading supplier and manufacturer of construction chemicals as well as polyurethane foam in the world. Some of its leading products are sealants, waterproofing products, foams, adhesives, insulation systems, and fastenings products. The company has a wide presence in international markets, and is engaged in the development of several innovative products and solutions to meet sustainable development demands.
Sika is one of the most prominent speciality chemicals companies that is engaged in the research and development and manufacturing of sealing, damping, bonding, and reinforcement products for the construction and automotive sectors. It has subsidiaries in nearly 100 countries across the globe. The company offers innovative solutions to boost the construction of environmentally friendly buildings and low-emission vehicles. Moreover, the company extensively invests in research and development and acquisition activities to strengthen its presence in the global market.
Mapei S.p.A. offers more than 6,000 products for the building and construction sector. Its products are extensively used in commercial, residential, as well as large-scale projects. Its innovative solutions are aimed at reducing energy consumption and meeting diverse customer requirements. Through its extensive research and development facilities in various countries, the company aims to drive the development of innovative building solutions.
The ARDEX Group is a company that offers high-performance specialty building materials. It has operations in over 100 countries in the world. By leveraging innovative digital technology, the company aims to enhance its quality control, production, and product development. In September 2021, it acquired Wedi GmbH to complement its portfolio and expand its growth in the global and German markets.
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