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The global waterproofing membranes market size stood at a value of around USD 22.43 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 6.70% to reach USD 33.17 billion by 2027.
Liquid applied membranes are capable of fulfilling significant waterproofing needs owing to their durability and strength. They are cheaper as compared to their counterparts, easy to install, and safe. In addition to this, liquid applied membranes are monolithic and fully bonded which makes them suitable for exposed roofs with complex designs. This factor is accelerating the growth rate of the segment.
Moreover, these membranes are seamless and capable of filling cracks and gaps of narrow parts of the structures. Furthermore, liquid applied membranes possess unique properties which offer rapid curing and adhesion to a wide range of surfaces. In this regard, over the forecast period, the increasing demand for waterproofing membranes with excellent adhesion and curing properties is likely to provide impetus to this segment and the overall waterproofing membranes market.
The market in the Asia Pacific region is being driven by the rapid industrialisation across the emerging economies such as India, leading to the development of industrial plants and manufacturing facilities, propelling the demand for waterproofing membranes. In addition, the strong foothold of major market players in powerful economies such as China, are leading to standardisation of membranes.
Over the forecast period, there is an anticipated increase in demand for waterproofing membranes from the residential construction sector, owing to the rising standards of living and increasing per capita income. Furthermore, the rising investments in water treatment infrastructure, favoured by government policies, are bolstering the demand for waterproofing membranes.
Waterproofing membrane is defined as a clear, opaque, and thin layer which is applied on a material to protect it from contact with water. Waterproofing membranes do not allow the penetration of water through it and can come in different shapes and sizes and are manufactured using different materials.
Based on product type, the waterproofing membranes market can be segmented into:
By application, the market has been divided into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The increasing applications of water membranes in building structures owing to the high tensile strength and durability of the product is driving the waterproofing membranes market growth. In addition to this, the robust development of residential and commercial structures across the emerging economies is further propelling the demand for the product.
Waterproofing membranes are also witnessing a high demand for roofing and wall applications aimed towards providing security to the occupants against heavy rain and storms. Over the forecast period, the rapid transition towards utilising building waterproofing components such as PVC, owing to superior strength and high resistance to weathering and corrosion, is likely to be a major driving factor of the market.
The market is expected to be aided by the anticipated increase in demand for waterproofing membranes in the industrial construction business to prevent issues such as leakage. The growing research and development activities by major market players, aimed towards increasing the compatibility of waterproofing membranes with complex building designs, are likely to lead to progressive product innovations of these membranes in the coming years.
The report gives a detailed analysis of the following key players in the global waterproofing membranes market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
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.
|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||
|Breakup by Region||
*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.
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
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 Global Waterproofing Membranes Market Analysis
8.1 Key Industry Highlights
8.2 Global Waterproofing Membranes Historical Market (2017-2021)
8.3 Global Waterproofing Membranes Market Forecast (2022-2027)
8.4 Global Waterproofing Membranes Market by Product Type
8.4.1 Liquid Applied Membranes
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Breakup by Liquid Applied Membranes Type
8.4.2 Sheet Membranes
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
184.108.40.206 Breakup by Sheet Membranes Type
220.127.116.11.2 Polyvinyl Chloride (PVC)
18.104.22.168.3 Ethylene Propylene Diene Monomer (EPDM)
8.5 Global Waterproofing Membranes Market by Application
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2017-2021)
18.104.22.168 Forecast Trend (2022-2027)
8.5.3 Building Structure
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
8.5.4 Tunnel and Landfills
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2017-2021)
18.104.22.168 Forecast Trend (2022-2027)
8.6 Global Waterproofing Membranes Market by Region
8.6.1 Market Share
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
184.108.40.206 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
220.127.116.11 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
18.104.22.168 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 BASF SE
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
12.2.2 Dow Inc.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
12.2.3 Kemper System America, Inc.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
12.2.4 Paul Bauder GmbH & Co. KG
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
12.2.5 GAF Materials Corporation
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
12.2.6 CICO Technologies Ltd.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
12.2.7 Sika AG
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
12.2.8 Chengdu Sinomaco Materials Technology Co., Ltd
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Waterproofing Membranes Market: Key Industry Highlights, 2017 and 2027
2. Global Waterproofing Membranes Historical Market: Breakup by Product Type (USD Million), 2017-2021
3. Global Waterproofing Membranes Market Forecast: Breakup by Product Type (USD Million), 2022-2027
4. Global Waterproofing Membranes Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Waterproofing Membranes Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Waterproofing Membranes Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Waterproofing Membranes Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Waterproofing Membranes Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Waterproofing Membranes Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Waterproofing Membranes Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Waterproofing Membranes Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Waterproofing Membranes Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Waterproofing Membranes Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Waterproofing Membranes Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Waterproofing Membranes Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Waterproofing Membranes Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Waterproofing Membranes Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Waterproofing Membranes Market Structure.
In 2021, the global market attained a value of nearly USD 22.43 billion.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 33.17 billion by 2027.
The market is estimated to grow at a CAGR of 6.70% between 2022 and 2027.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the increasing demand for the product from the residential and commercial construction sector, rapid urbanisation, and increasing demand for membranes with high tensile strength and corrosion resistance.
The growing research and development activities by the major manufacturers leading to progressive product innovations are likely to be the key trends in the market.
Liquid applied membranes and sheet membranes are the different segments based on product type.
Roofing, walls, building structure, and tunnel and landfills, among others is the segmentation of market based on application.
The major players in the industry are BASF SE, Dow Inc., Kemper System America, Inc., Paul Bauder GmbH & Co. KG, GAF Materials Corporation, CICO Technologies Ltd., Sika AG, and Chengdu Sinomaco Materials Technology Co., Ltd, among others.
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