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Waterproofing Membranes Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

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    Report

  • 165 Pages
  • July 2025
  • Region: Global
  • Expert Market Research
  • ID: 6162447
The global waterproofing membranes market value reached around USD 25.24 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 6.70% to reach USD 25.24 Billion by 2034.

Global Waterproofing Membranes Market Growth

The waterproofing membrane is defined as a clear, opaque, and thin layer which is applied on a material to protect it from contact with water. Waterproofing membranes do not allow the penetration of water through they can come in different shapes and sizes and are manufactured using different materials.

The waterproofing membrane market dynamics and trends are being driven by the significant advantages these membranes provide. They prevent water infiltration, safeguard structures from moisture damage, enhance durability, improve energy efficiency, lower maintenance costs, and offer versatility across applications like roofs, foundations, and walls.

Global Waterproofing Membranes Market Analysis

The market in the Asia Pacific region is being driven by rapid industrialisation across emerging economies such as India, leading to the development of industrial plants and manufacturing facilities, and propelling the demand of the waterproofing membranes market. In addition, the strong foothold of major market players in powerful economies such as China, is leading to the standardisation of membranes.

Over the forecast period, there is an anticipated increase in demand for waterproofing membranes from the residential construction sector, owing to the rising standards of living and increasing per capita income. Furthermore, the rising investments in water treatment infrastructure, favoured by government policies are bolstering the growth of the waterproofing membranes industry.

Global Waterproofing Membranes Industry Outlook

As of June 2024, the U.S. Census Bureau and United States Department of Housing and Urban Development reported that new residential construction is robust, with building permits issued at a rate of 1,446,000 units, housing starts at 1,353,000 units, and housing completions reaching 1,710,000 units thus increasing the demand for effective waterproofing solutions to ensure building durability.

According to the FIEC - European Construction Industry Federation, Non-residential construction accounts for 31.8% of the construction sector, making it the largest segment of the industry. In 2023, this segment grew by 1.5%. In 2023, Sweden topped the growth chart in the construction sector with a 10% increase, followed by Lithuania at 8.7% and Spain at 7.3%. This growth boosts the waterproofing membranes market revenue, as these membranes provide essential protection against rain and snow, prolonging the lifespan of roofing systems and preventing leaks.

In Australia, for the March quarter of 2024, the total number of dwellings completed has been 41,329, including 25,351 new private sector houses and 15,206 new private sector other residential dwellings. During the same period, the total number of dwellings commenced was 39,715, comprising 25,072 new private sector houses and 14,071 new private sector other residential dwellings.

In Europe, 46% of individuals have undertaken energy renovation in their homes over the last 12 months. Specifically, in the UK, this percentage rose from 28% in 2022 to 31% in 2023. According to industry reports, Germany's share grew from 43% to 47%, France's from 44% to 47%, and Italy's from 55% to 57% over the same period. This growth boosts the waterproofing membrane industry revenue, driven by rising energy renovation activities that enhance building efficiency and protect against water damage.

Waterproofing membranes offer dependable protection against water infiltration, shielding structures from moisture damage and driving increased waterproofing membrane market demand.
  • They enhance the longevity of buildings by protecting against deterioration and corrosion.
  • These membranes are adaptable for use in various applications, including roofs, foundations, and walls.
The upfront investment in high-quality membranes can be significant.
  • Proper installation requires skilled labour, which can increase overall project costs.
  • Some membranes may require periodic inspection and maintenance to ensure effectiveness.
Innovations in membrane materials and technologies can drive waterproofing membrane industry growth.
  • Increased construction activity, especially in emerging markets, creates more demand for waterproofing solutions.
  • Rising focus on sustainable building practices boosts the demand for energy-efficient waterproofing solutions.
Economic downturns can impact construction budgets and reduce spending on waterproofing solutions.
  • Stricter regulations and standards may increase compliance costs for manufacturers.
  • Intense competition from local and international players can pressure prices and profit margins.

Key Players in the Global Waterproofing Membranes Market and Their Key Initiatives

BASF SE

  • Introduced MasterSeal® 730 UVS waterproofing membrane.
  • BASF and SoloPower Systems launched the seamless and multi-layered roofing system.

Dow Inc.

  • Introduced a commercially available program for carbon-neutral silicones to meet the growing demand of the waterproofing membranes market.
  • Dow India signs carbon carbon-neutral façade agreement with Glass Wall Systems.

Kemper System America, Inc.

  • Released advanced liquid-applied waterproofing membranes.
  • Focused on eco-friendly formulations and sustainable production practices to capture waterproofing membranes market opportunities.

Paul Bauder GmbH & Co. KG

  • Launched new, high-performance waterproofing membranes designed for diverse building applications.
  • Invested in advanced manufacturing technologies.

Global Waterproofing Membranes Industry Segmentation

“Global Waterproofing Membranes Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Liquid Applied Membranes
  • Cementitious
  • Bituminous
  • Polyurethane
  • Acrylic
  • Others
  • Sheet Membranes
  • Bituminous
  • Polyvinyl Chloride (PVC)
  • Ethylene Propylene Diene Monomer (EPDM)
  • Others

Market Breakup by Application

  • Roofing
  • Walls
  • Building Structure
  • Tunnel and Landfills
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Waterproofing Membranes Market Share

The growth of the waterproofing membranes market is driven by their significant advantages for both roofing and walls. In roofing, these membranes prevent leaks by blocking rain and snow, extend roof lifespan by shielding against severe weather, and boost energy efficiency through better insulation.

For walls, they offer essential moisture protection, reducing mould and structural damage risks, enhancing durability by preventing water-related deterioration, and improving insulation for superior thermal performance. Overall, waterproofing membranes increase the longevity and efficiency of buildings by preventing water damage and enhancing energy efficiency, thereby driving waterproofing membranes demand growth.

Leading Companies in the Waterproofing Membranes Market

The company’s focus is on advanced materials for construction and industrial uses. They provide innovative solutions such as waterproofing membranes, insulation materials, and other high-performance products.
  • BASF SE
  • Dow Inc.
  • Kemper System America, Inc.
  • Paul Bauder GmbH & Co. KG
  • GAF Materials Corporation
  • CICO Technologies Ltd.
  • Sika AG
  • Chengdu Sinomaco Materials Technology Co., Ltd

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Waterproofing Membranes Market Analysis
5.1 Key Industry Highlights
5.2 Global Waterproofing Membranes Historical Market (2018-2024)
5.3 Global Waterproofing Membranes Market Forecast (2025-2034)
5.4 Global Waterproofing Membranes Market by Product Type
5.4.1 Liquid Applied Membranes
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.1.3 Breakup by Liquid Applied Membranes Type
5.4.1.3.1 Cementitious
5.4.1.3.2 Bituminous
5.4.1.3.3 Polyurethane
5.4.1.3.4 Acrylic
5.4.1.3.5 Others
5.4.2 Sheet Membranes
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.2.3 Breakup by Sheet Membranes Type
5.4.2.3.1 Bituminous
5.4.2.3.2 Polyvinyl Chloride (PVC)
5.4.2.3.3 Ethylene Propylene Diene Monomer (EPDM)
5.4.2.3.4 Others
5.5 Global Waterproofing Membranes Market by Application
5.5.1 Roofing
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Walls
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Building Structure
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Tunnel and Landfills
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Others
5.6 Global Waterproofing Membranes Market by Region
5.6.1 North America
5.6.2 Europe
5.6.3 Asia Pacific
5.6.4 Latin America
5.6.5 Middle East and Africa
6 Regional Analysis
6.1 North America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.1.3 Breakup by Country
6.1.3.1 United States of America
6.1.3.2 Canada
6.2 Europe
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.2.3 Breakup by Country
6.2.3.1 United Kingdom
6.2.3.2 Germany
6.2.3.3 France
6.2.3.4 Italy
6.2.3.5 Others
6.3 Asia Pacific
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
6.3.3 Breakup by Country
6.3.3.1 China
6.3.3.2 Japan
6.3.3.3 India
6.3.3.4 ASEAN
6.3.3.5 Australia
6.3.3.6 Others
6.4 Latin America
6.4.1 Historical Trend (2018-2024)
6.4.2 Forecast Trend (2025-2034)
6.4.3 Breakup by Country
6.4.3.1 Brazil
6.4.3.2 Argentina
6.4.3.3 Mexico
6.4.3.4 Others
6.5 Middle East and Africa
6.5.1 Historical Trend (2018-2024)
6.5.2 Forecast Trend (2025-2034)
6.5.3 Breakup by Country
6.5.3.1 Saudi Arabia
6.5.3.2 United Arab Emirates
6.5.3.3 Nigeria
6.5.3.4 South Africa
6.5.3.5 Others
7 Market Dynamics
7.1 SWOT Analysis
7.1.1 Strengths
7.1.2 Weaknesses
7.1.3 Opportunities
7.1.4 Threats
7.2 Porter’s Five Forces Analysis
7.2.1 Supplier’s Power
7.2.2 Buyer’s Power
7.2.3 Threat of New Entrants
7.2.4 Degree of Rivalry
7.2.5 Threat of Substitutes
7.3 Key Indicators for Demand
7.4 Key Indicators for Price
8 Value Chain Analysis
9 Competitive Landscape
9.1 Supplier Selection
9.2 Key Global Players
9.3 Key Regional Players
9.4 Key Player Strategies
9.5 Company Profiles
9.5.1 BASF SE
9.5.1.1 Company Overview
9.5.1.2 Product Portfolio
9.5.1.3 Demographic Reach and Achievements
9.5.1.4 Certifications
9.5.2 Dow Inc.
9.5.2.1 Company Overview
9.5.2.2 Product Portfolio
9.5.2.3 Demographic Reach and Achievements
9.5.2.4 Certifications
9.5.3 Kemper System America, Inc.
9.5.3.1 Company Overview
9.5.3.2 Product Portfolio
9.5.3.3 Demographic Reach and Achievements
9.5.3.4 Certifications
9.5.4 Paul Bauder GmbH & Co. KG
9.5.4.1 Company Overview
9.5.4.2 Product Portfolio
9.5.4.3 Demographic Reach and Achievements
9.5.4.4 Certifications
9.5.5 GAF Materials Corporation
9.5.5.1 Company Overview
9.5.5.2 Product Portfolio
9.5.5.3 Demographic Reach and Achievements
9.5.5.4 Certifications
9.5.6 CICO Technologies Ltd.
9.5.6.1 Company Overview
9.5.6.2 Product Portfolio
9.5.6.3 Demographic Reach and Achievements
9.5.6.4 Certifications
9.5.7 Sika AG
9.5.7.1 Company Overview
9.5.7.2 Product Portfolio
9.5.7.3 Demographic Reach and Achievements
9.5.7.4 Certifications
9.5.8 Chengdu Sinomaco Materials Technology Co., Ltd
9.5.8.1 Company Overview
9.5.8.2 Product Portfolio
9.5.8.3 Demographic Reach and Achievements
9.5.8.4 Certifications
9.5.9 Others

Companies Mentioned

  • BASF SE
  • Dow Inc.
  • Kemper System America, Inc.
  • Paul Bauder GmbH & Co. KG
  • GAF Materials Corporation
  • CICO Technologies Ltd.
  • Sika AG
  • Chengdu Sinomaco Materials Technology Co., Ltd

Table Information