Waterproofing Membranes Market Trends

Growth Drivers

Increasing construction activities: The construction industry's growth is one of the primary drivers for the waterproofing membranes sector. According to a report, the global construction industry was expected to reach a value of over USD 17 trillion by 2024.
Rising Infrastructure development: Investments in infrastructure projects, such as roads, bridges, tunnels, and public utilities, were on the rise globally.
Urbanization and population growth: Rapid urbanization and population expansion were driving the need for more housing and infrastructure, leading to increased construction activities and, subsequently, higher demand for waterproofing solutions.

Challenges

Intense competition: The waterproofing membranes market is highly competitive, with numerous manufacturers and suppliers offering a wide range of products. This competition can lead to pricing pressures and reduced profit margins for companies in the industry.
Complex installation
Environmental concerns

Waterproofing Membranes: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	8.1%
Base Year Market Size (2024)	USD 11.72 billion
Forecast Year Market Size (2037)	USD 32.16 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of waterproofing membranes is assessed at USD 12.48 billion.

The waterproofing membranes market size was over USD 11.72 billion in 2024 and is anticipated to reach USD 32.16 billion by the end of 2037, growing at around 8.1% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for the construction sector will drive the market growth.

North America industry is expected to hold the second-largest share by 2037, driven by new residential, commercial, and industrial construction and renovation and repair projects in the region.

The major players in the market include Sika AG, BASF SE, Carlisle Companies Incorporated, Dow Inc., GCP Applied Technologies Inc., Firestone Building Products Company, LLC, Kemper System America, Inc., Saint-Gobain Weber, Pidilite Industries Limited, Fosroc International Limited.

Waterproofing Membranes Market Trends