The global waterproofing products market was valued at $42.5 billion in 2019 and is projected to reach $66.1 billion by 2033, growing at a CAGR of 3.8% from 2023 to 2033.
Waterproofing is the process of making an object or structure watertight or water-resistant so that it is relatively unaffected by water or resists the infiltration of water under specific conditions. These products can be utilized in damp settings or at specific depths underwater. Water-resistant and waterproof often refer to resistance to liquid water penetration, potentially under pressure, whereas dampproof refers to resistance to humidity or dampness. The rate of water vapor transmission through a substance or structure is referred to as the moisture vapor transmission rate (MVTR).
Numerous bridges globally are in dire need of repair. According to the n Infrastructure Report Card 2021, the U.S. has 614,387 bridges, of which about 40% are 50 years or older and approaching the end of their authorized service life. In snowy climates, deicing salts are widely used to remedy hazardous circumstances. Chloride ions from deicing salts can pass through permeable concrete structures with water and begin to damage the steel beneath. This attack's corrosion not only weakens the steel but can also contribute to the spalling of the surrounding concrete. This causes the bridge's load-bearing capability and riding surface quality to deteriorate.
On the bridge, waterproofing membranes prevent water from penetrating the structure's components. The waterproofing membrane is a thin, impermeable layer used in conjunction with an asphalt overlay (as the riding surface) to protect the bridge's underlying structure. Elastomeric waterproofing membranes are designed to provide longer protection, with the asphalt overlay serving as a sacrificial surface that may be removed and replaced several times so long as the underlying membrane system is protected. Therefore, waterproof membranes contribute to the preservation of the bridge's integrity.
Tunnels and other buried underground structures are susceptible to seepage water through the soil above them. Due to the increase in demand for infrastructure and transportation globally, the landfills & tunnel liners industry is anticipated develop at a stable rate during the forecast period. LDPE and HDPE are the most prevalent tunnel-lining waterproofing membranes. It is required to put waterproof membranes in tunnels to extend their lifespan and ensure their ongoing, secure use.
Usage of waterproofing products, such as membranes and chemicals, causes environmental and health problems. When employed in spray form, waterproofing membranes can be hazardous to the user and workers in the vicinity. These chemicals may contain fluorinated compounds, which, when inhaled, can lead to chemical pneumonitis, lung damage, and other respiratory issues. Similarly, the application of bitumen-based membranes might expose employees to hazardous fumes. Long-term exposure to these fumes may cause health problems such as bronchitis and nasal discomfort. In addition, personnel with longer tenures have demonstrated increase in nasal and pharyngeal complaints. Solvents, diluents, and other waterproofing membranes can harm the environment by emitting harmful gases and volatile organic compounds. However, these issues can be avoided using respirators, protective equipment, and eco-friendly solutions. Thus, the environmental and health risks associated with waterproofing products is expected to hamper the demand for waterproofing products during the forecast period.
The growing emphasis on sustainable urban development has sparked increased interest in green roofs, presenting a significant opportunity for the waterproofing products market. Green roofs, characterized by vegetation cover, offer numerous environmental benefits, such as improved energy efficiency, reduced urban heat island effect, and enhanced stormwater management. As the adoption of green roofs gains momentum, the demand for effective waterproofing solutions becomes important to prevent water infiltration and structural damage.
The waterproofing products market stands to benefit from this trend, as these roofs necessitate specialized materials to ensure durability and leak prevention. Green roof installations require waterproof membranes, coatings, and sealants to protect buildings from water ingress and provide a reliable barrier against the elements. As awareness of the ecological advantages of green roofs continues to rise, architects, builders, and urban planners are likely to prioritize waterproofing solutions in their projects, thereby fueling the demand for quality waterproofing products. This trend not only addresses environmental concerns but also represents a lucrative avenue for the waterproofing industry, driving innovation and promoting sustainability in construction practices.
The global waterproofing products market is segmented into product type, application, and region. By product type, the market is divided into waterproof paints, polymer waterproof sheets, rigid waterproof materials, asphalt waterproof rolls, building seal waterproof materials and others. By application, it is categorized into roofing and walls, floors and basements, water and waste management, tunnel liners, bridges and highways, and others. region-wise, the market is studied across North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
The major players operating in the global waterproofing products market are BASF SE, Sika AG, Carlisle Companies Inc., RPM International Inc., GCP Applied Technologies Inc., HOLCIM, Soprema Group, GAF, Henry Company, and The Dow Chemical Company. Other players operating in the market are Saint-Gobain Weber GmbH, Fosroc Ltd., Maris Polymers, Pidilite Industries Ltd., and Bayer Material Science AG.
Waterproofing is the process of making an object or structure watertight or water-resistant so that it is relatively unaffected by water or resists the infiltration of water under specific conditions. These products can be utilized in damp settings or at specific depths underwater. Water-resistant and waterproof often refer to resistance to liquid water penetration, potentially under pressure, whereas dampproof refers to resistance to humidity or dampness. The rate of water vapor transmission through a substance or structure is referred to as the moisture vapor transmission rate (MVTR).
Numerous bridges globally are in dire need of repair. According to the n Infrastructure Report Card 2021, the U.S. has 614,387 bridges, of which about 40% are 50 years or older and approaching the end of their authorized service life. In snowy climates, deicing salts are widely used to remedy hazardous circumstances. Chloride ions from deicing salts can pass through permeable concrete structures with water and begin to damage the steel beneath. This attack's corrosion not only weakens the steel but can also contribute to the spalling of the surrounding concrete. This causes the bridge's load-bearing capability and riding surface quality to deteriorate.
On the bridge, waterproofing membranes prevent water from penetrating the structure's components. The waterproofing membrane is a thin, impermeable layer used in conjunction with an asphalt overlay (as the riding surface) to protect the bridge's underlying structure. Elastomeric waterproofing membranes are designed to provide longer protection, with the asphalt overlay serving as a sacrificial surface that may be removed and replaced several times so long as the underlying membrane system is protected. Therefore, waterproof membranes contribute to the preservation of the bridge's integrity.
Tunnels and other buried underground structures are susceptible to seepage water through the soil above them. Due to the increase in demand for infrastructure and transportation globally, the landfills & tunnel liners industry is anticipated develop at a stable rate during the forecast period. LDPE and HDPE are the most prevalent tunnel-lining waterproofing membranes. It is required to put waterproof membranes in tunnels to extend their lifespan and ensure their ongoing, secure use.
Usage of waterproofing products, such as membranes and chemicals, causes environmental and health problems. When employed in spray form, waterproofing membranes can be hazardous to the user and workers in the vicinity. These chemicals may contain fluorinated compounds, which, when inhaled, can lead to chemical pneumonitis, lung damage, and other respiratory issues. Similarly, the application of bitumen-based membranes might expose employees to hazardous fumes. Long-term exposure to these fumes may cause health problems such as bronchitis and nasal discomfort. In addition, personnel with longer tenures have demonstrated increase in nasal and pharyngeal complaints. Solvents, diluents, and other waterproofing membranes can harm the environment by emitting harmful gases and volatile organic compounds. However, these issues can be avoided using respirators, protective equipment, and eco-friendly solutions. Thus, the environmental and health risks associated with waterproofing products is expected to hamper the demand for waterproofing products during the forecast period.
The growing emphasis on sustainable urban development has sparked increased interest in green roofs, presenting a significant opportunity for the waterproofing products market. Green roofs, characterized by vegetation cover, offer numerous environmental benefits, such as improved energy efficiency, reduced urban heat island effect, and enhanced stormwater management. As the adoption of green roofs gains momentum, the demand for effective waterproofing solutions becomes important to prevent water infiltration and structural damage.
The waterproofing products market stands to benefit from this trend, as these roofs necessitate specialized materials to ensure durability and leak prevention. Green roof installations require waterproof membranes, coatings, and sealants to protect buildings from water ingress and provide a reliable barrier against the elements. As awareness of the ecological advantages of green roofs continues to rise, architects, builders, and urban planners are likely to prioritize waterproofing solutions in their projects, thereby fueling the demand for quality waterproofing products. This trend not only addresses environmental concerns but also represents a lucrative avenue for the waterproofing industry, driving innovation and promoting sustainability in construction practices.
The global waterproofing products market is segmented into product type, application, and region. By product type, the market is divided into waterproof paints, polymer waterproof sheets, rigid waterproof materials, asphalt waterproof rolls, building seal waterproof materials and others. By application, it is categorized into roofing and walls, floors and basements, water and waste management, tunnel liners, bridges and highways, and others. region-wise, the market is studied across North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
The major players operating in the global waterproofing products market are BASF SE, Sika AG, Carlisle Companies Inc., RPM International Inc., GCP Applied Technologies Inc., HOLCIM, Soprema Group, GAF, Henry Company, and The Dow Chemical Company. Other players operating in the market are Saint-Gobain Weber GmbH, Fosroc Ltd., Maris Polymers, Pidilite Industries Ltd., and Bayer Material Science AG.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the waterproofing products market analysis from 2019 to 2033 to identify the prevailing waterproofing products market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the waterproofing products market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global waterproofing products market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
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- Manufacturing Capacity
- Capital Investment breakdown
- Product Benchmarking / Product specification and applications
- Product Life Cycles
- Supply Chain Analysis & Vendor Margins
- Upcoming/New Entrant by Regions
- Technology Trend Analysis
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Patient/epidemiology data at country, region, global level
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Average Selling Price Analysis / Price Point Analysis
- Expanded list for Company Profiles
- Historic market data
- Import Export Analysis/Data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- List of customers/consumers/raw material suppliers- value chain analysis
- Market share analysis of players at global/region/country level
- Product Consumption Analysis
- Volume Market Size and Forecast
Key Market Segments
By Product Type
- Waterproof Paints
- Polymer Waterproof Sheets
- Rigid Waterproof Materials
- Asphalt Waterproof Rolls
- Building Seal Waterproof Materials
- Others
By Application
- Roofing and Walls
- Floors and Basements
- Bridges and Highways
- Water and Waste Management
- Tunnel Liners
- Others
By Region
- North America
- U.S.
- Mexico
- Canada
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Indonesia
- Vietnam
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Rest Of South America
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East And Africa
Key Market Players
- Sika AG
- Carlisle Companies Inc.
- GCP Applied Technologies Inc.
- RPM International Inc.
- Henry Company
- GAF.
- Soprema
- HOLCIM
- BASF SE
- Dow
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: WATERPROOFING PRODUCTS MARKET, BY PRODUCT TYPE
CHAPTER 5: WATERPROOFING PRODUCTS MARKET, BY APPLICATION
CHAPTER 6: WATERPROOFING PRODUCTS MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Sika AG
- Carlisle Companies Inc.
- GCP Applied Technologies Inc.
- RPM International Inc.
- Henry Company
- GAF.
- Soprema
- HOLCIM
- BASF SE
- Dow
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2024 |
| Forecast Period | 2019 - 2033 |
| Estimated Market Value ( USD | $ 42.5 billion |
| Forecasted Market Value ( USD | $ 66.1 billion |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
