Waterproofing Membranes Market Share

APAC Market Forecast

The waterproofing membranes market in the Asia Pacific region is projected to hold the largest market share of 38% by the end of 2037.  The Asia Pacific region is prone to natural disasters such as heavy rainfall, typhoons, and flooding. As a result, there is a high demand for waterproofing solutions to protect buildings, infrastructure, and underground facilities from water damage during adverse weather events. The global trend of innovation in waterproofing membrane technology implies that the Asia Pacific region would have benefitted from similar developments.

North American Market Statistics

The waterproofing membranes market in the North America region is projected to hold the second-largest share during the forecast period. The North American construction industry was witnessing growth, driven by new residential, commercial, and industrial construction and renovation and repair projects. This surge in construction activities contributed to the demand for waterproofing membranes. According to Statista, the total construction spending in the United States was noted to reach over USD 1.4 trillion in 2022, indicating robust growth in the construction sector.