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Colombia Waterproofing Market Share, Growth, Analysis, Forecast: By Type: Liquid Membrane, Cementitious Membrane, Bituminous Membrane, Thermoplastic Membrane, Others; By Application: Roofs and Balconies, Water Management, Bridges and Highways, Others; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Colombia Waterproofing Market Outlook
The market size for waterproofing in Colombia reached a value of more than USD 217.53 million in 2021. The Colombia waterproofing market is expected to grow at a CAGR of 4.8% between 2023 and 2028, reaching a value of USD 292.86 million by 2027.
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Key Trends in the Market
Waterproofing refers to the process of making a structure or object water-resistant. The protected structure or material remains untouched by water or resists water in this process. Waterproofing can be employed in wet environments or under depths of water. It is also utilised to enhance the durability of buildings by through implementation on surfaces like warehouses or balconies which are likely to come into contact with water.
The surging demand from the waste and water management industry and the rising development in water conservation infrastructure is driving the Colombia waterproofing market growth during the forecast period.
The growing consciousness among consumers about the advantages of waterproofing coupled with the adoption of new materials like geomembranes is expected to fuel the market growth of waterproofing over the coming years.
The rapid industrialisation due to the rising construction projects as well as the housing developments are likely to propel the demand for sheet membranes. This is further expected to bolster the market growth of waterproofing.
Market Analysis
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Based on type, the market can be segmented into the liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane, among others. On the basis of application, the market is categorised into roofs and balconies, water management, bridges and highways, and landfill and tunnels, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Colombia waterproofing market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Sika Colombia S.A.S
- Holcim (Colombia) SA
- Pinturas Probaquímica
- Coral Impermeabilizantes
- Hernanbar SAS
- Cubriseal
- Proim SAS
- Ruderil Colombia
- Others
Market Share by Type
The liquid membrane segment is expected to gain momentum in the Colombia waterproofing market on account of its cost-effectiveness along with its longer shelf life. The liquid membrane facilitates strong bonds and adhesive properties with most surfaces and is implemented by roller, brush, or sprayed onto concrete surfaces to create elastic membranes on curing. Such membranes comprise of exceptional tensile strength along with strong mechanical and physical properties and extension capacity. Moreover, its toughness and high resilience permit them to link structural cracks as well as prevent shrinkage in concrete which is likely to have a positive influence on the segment growth in the market of waterproofing.
Market Share by Application
The roofs and balconies segment is expected to augment the waterproofing market share on account of the surging demand for residential construction across Colombia. Waterproofing products provide capable roofing solutions through their excellent tensile strength, extension, rear strength, and resistance to heat, aging, weathering, UV rays, acids & alkalis, ozone, and solvents. They suit a variety of building applications including bridge cracks, concrete, and brick. Such aspects are expected to propel the segment growth in the Colombia waterproofing market.
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Competitive Landscape
Holcim (Colombia) SA is a sustainable and innovative building solution enterprise. It supports smarter infrastructure along with greener cities and enhanced living standards across the globe. It is pushing circular construction and recycling to build more with less.
Coral Impermeabilizantes produces asphalt fabrics. It provides waterproofing products along with hardware for the construction industry. The company deals with liquid and solid pitches, paintings, cloaks, stucco, asphalt fabrics, and ruanas.
Proim SAS is a leading Colombian company involved in the wholesale production and marketing of hardware items, paints, and construction materials. The company manufactures asphalt as well as polyethylene waterproofing manufactured goods for warehouses, hardware stores, and the construction sector.
Other market players include Sika Colombia S.A.S, Pinturas Probaquímica, Hernanbar SAS, Cubriseal, and Ruderil Colombia, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Colombia Waterproofing Market Analysis
8.1 Key Industry Highlights
8.2 Colombia Waterproofing Historical Market (2018-2022)
8.3 Colombia Waterproofing Market Forecast (2023-2028)
8.4 Colombia Waterproofing Market by Type
8.4.1 Liquid Membrane
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 Bituminous Coating
8.4.1.4.2 Polyurethane Membrane
8.4.1.4.3 Epoxy
8.4.1.4.4 Acrylic
8.4.2 Cementitious Membrane
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Bituminous Membrane
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Thermoplastic Membrane
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Colombia Waterproofing Market by Application
8.5.1 Roofs and Balconies
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Water Management
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Bridges and Highways
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Landfill and Tunnels
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Installation Cost
10.1 Cementitious Membrane
10.2 Liquid Membrane
10.3 Bituminous Membrane
10.4 Thermoplastic Membrane
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Sika Colombia S.A.S
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Holcim (Colombia) SA
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Pinturas Probaquímica
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Coral Impermeabilizantes
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Hernanbar SAS
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Cubriseal
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Proim SAS
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Ruderil Columbia
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio
11.2.8.3 Demographic Reach and Achievements
11.2.8.4 Certifications
11.2.9 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Colombia Waterproofing Market: Key Industry Highlights, 2018 and 2028
2. Colombia Waterproofing Historical Market: Breakup by Type (USD Million), 2018-2022
3. Colombia Waterproofing Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Colombia Waterproofing Historical Market: Breakup by Application (USD Million), 2018-2022
5. Colombia Waterproofing Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Colombia Waterproofing Market Structure
Key Questions Answered in the Report
In 2021, the waterproofing market in Colombia attained a value of nearly USD 217.53 million.
The market is assessed to grow at a CAGR of 4.8% between 2023 and 2028.
The market is estimated to witness healthy growth in the forecast period of 2023-2028, to reach almost USD 292.86 million by 2027.
The major market drivers are the increasing urban population along with the growing construction industry.
The key market trends include the increasing disposable income among people and the expansion of infrastructure along with rapid industrialisation.
The various types in the market for waterproofing include liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane, among others.
The major players in the Colombia waterproofing market are Sika Colombia S.A.S, Holcim (Colombia) SA, Pinturas Probaquímica, Coral Impermeabilizantes, Hernanbar SAS, Cubriseal, Proim SAS, and Ruderil Colombia, among others.
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