Global Market Size, Forecast, and Trend Highlights Over 2024-2037
Waterproofing Membranes Market size was valued at USD 24.5 billion in 2024 and is projected to reach USD 52.8 billion by the end of 2037, rising at a CAGR of 6.9% during the forecast period, i.e., 2025-2037. In 2025, the industry size of waterproofing membranes is estimated at USD 26.1 billion.
The global waterproofing membranes market is anticipated to garner stable growth, driven by increased construction activity around the world and increased concern for robust building protection from water damage and weather. Advances in material science drive higher-performance, more sustainable, and application-specific membranes, appropriate for diverse climatic conditions and project requirements. Businesses are responding rapidly to these evolving needs, as in November 2024, when Mapei S.p.A. launched an antimicrobial waterproofing membrane for healthcare and food-processing facilities in the U.S. and Canada, in response to new cleaning regulations in critical care areas and in cooperation with public health authorities.
One of the latest trends pushing the market is governments worldwide enforcing strict building codes and environmental legislation, compelling the adoption of high-performance, environmentally friendly waterproofing products. This regulatory momentum, coupled with enormous investment in building infrastructure and increasing emphasis on sustainable building practice, is the basis of the favorable market scenario. For instance, the U.S. Environmental Protection Agency (EPA) in February 2025 launched new standards for waterproofing membranes to be applied to public infrastructure, with reduced volatile organic compound (VOC) emissions and increased durability for federally funded construction, compelling producers to resort to greener formulations and setting the new industry norm.
