Waterproofing Membranes Market Current Scenario And Industry Forecasts Till, 2022 -2030.

The global waterproofing membranes market size was estimated at USD 22.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.9% from 2022 to 2030. Growing demand from the waste and water management sector coupled with the increasing development in water conservation infrastructure is anticipated to positively impact market growth. Waterproofing membranes find a wide array of usage including wet rooms, roofs, water, sewage treatment plants, retaining walls, building foundation, and tunnels. Rising consumer consciousness regarding the product advantages along with the adoption of new materials such as geomembranes is expected to further propel the product demand over the projected time.

Gather more insights about the market drivers, restrains and growth of the Global Waterproofing Membranes market

The U.S. is expected to be the largest market for waterproofing membranes in North America. Rapid industrialization on account of increasing construction projects and housing developments are expected to fuel the demand for sheet membrane in the region. Furthermore, growing consumer preference towards increasing shelf life of paint jobs on buildings is expected to drive the sheet membrane market in the region. Factors including low manufacturing costs coupled with rising mining activities in various regions are likely to increase the utilization of the product in the forthcoming years. In addition, the increasing trend of the wastewater management market is likely to augment the product demand over the forecast period.

Several regulations have been enforced for the production and use of waterproofing membranes. For instance, use for various applications, including designing and installing membranes, and flashings located in kitchens, bathrooms, and laundries located in residential buildings should be made and tested as per AS/NZS 4858:2004, wet area membranes. However, the market is subjected to the lack of experts regarding the use of the right type of membrane for durable structures such as basements, decks, watercraft, and others. This is expected to act as a restraint for the market for waterproofing membranes during the forecast period. In addition, fluctuating raw materials prices of polypropylene and bitumen obtained from crude oil further restrict the market growth.

Browse through Grand View Research's Green Building Materials Industry Research Reports.

Indonesia Bamboos Market - The Indonesia bamboos market size was estimated at USD 1.7 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 6.2% from 2021 to 2028. Rising demand for the product in several industries including construction, pulp & paper, furniture, and food is expected to drive the market over the forecast period.

Cross Laminated Timber Market - The global cross laminated timber market size was estimated at USD 955.9 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2021 to 2028. Superior design flexibility and faster installation processes in comparison to other building materials are likely to benefit the market over the forecast period.  

Waterproofing Membranes Market Segmentation

Grand View Research has segmented the global waterproofing membranes market on the basis of product, application, and region:

Waterproofing Membranes Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

• Liquid Applied Membranes

o   Cementitious

o   Bituminous

o   Polyurethane

o   Acrylic

o   Other

• Sheet Membranes

o   Bituminous

o   Polyvinyl Chloride (PVC)

o   Ethylene Propylene Diene Monomer (EPDM)

o   Other

Waterproofing Membranes Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

• Roofing
• Walls
• Building Structure
• Tunnel & Landfills
• Other

Waterproofing Membranes Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2030)

• North America

o    U.S.

o   Canada

o   Mexico

• Europe

o   Germany

o   U.K.

• Asia Pacific

o   China

o   Japan

• Central & South America

o   Brazil

• Middle East & Africa

Market Share Insights

March 2022 - Berger Fosroc Ltd, a joint venture of Berger Paints Bangladesh and Fosroc International Ltd, yesterday opened a construction chemicals plant to cater for the growing domestic market for chemicals and cut import dependence. The joint venture entity invested around Tk 100 crore (around $10.2 million) to build the plant, said Rupali Chowdhury, a director of Berger Fosroc Ltd.

January 2020 - BASF launched an innovative waterproofing membrane, MasterSeal 730 UVS in Asia. It is a pre-applied, high-density polyethylene (HDPE) sheet membrane treated with pressure-sensitive adhesive and protective coating to enable good adhesion with concrete surfaces without requiring additional protective screed.   

Key Companies profiled:

Some prominent players in the global Waterproofing Membranes market include

• BASF SE
• Kemper System America, Inc.
• GAF Materials Corporation
• Paul Bauder GmbH & Co. KG
• CICO Technologies Ltd.
• Fosroc Ltd.
• DuPont

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