The Waterproofing Membrane Market Forecast is projected to experience a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period from 2023 to 2030. This growth is expected to drive the market value from USD 37.66 billion in 2022 to USD 60.48 billion by 2030.
Waterproofing membranes play a crucial role in protecting structures from water damage, ensuring their longevity and durability. As the construction industry continues to expand and urbanization progresses, the demand for waterproofing solutions is set to rise significantly.
The projected growth in the waterproofing membrane market can be attributed to several factors. Firstly, the increasing awareness regarding the importance of waterproofing in construction projects is driving the adoption of these membranes. With a growing emphasis on sustainable and resilient infrastructure, waterproofing solutions are becoming an integral part of building designs.
Furthermore, the rise in extreme weather events, such as heavy rainfall and hurricanes, has heightened the need for effective waterproofing systems. These events pose a significant threat to structures, making it imperative to invest in reliable waterproofing membranes to safeguard against potential water infiltration and subsequent damage.
Additionally, the growing trend of green roofs and sustainable building practices is fueling the demand for waterproofing membranes. These membranes not only provide protection against water intrusion but also contribute to energy efficiency and environmental sustainability.
Geographically, the Asia-Pacific region is expected to dominate the waterproofing membrane market during the forecast period. Rapid urbanization, infrastructure development, and increasing construction activities in countries like China and India are driving the demand for waterproofing solutions in this region.
In conclusion, the waterproofing membrane market is poised for substantial growth in the coming years. Factors such as rising awareness, increasing extreme weather events, and the adoption of sustainable building practices are driving the demand for these membranes. With the Asia-Pacific region leading the way, the market is set to reach a value of USD 60.48 billion by 2030.
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Market Segmentation:
By Product
Liquid-applied Membranes
Fully Adhered Sheets
Laid Sheets
Others
By Raw Material
Modified Bitumen
Poly Vinyl Chloride
Acrylic
Polyurethane
Others
By Application
Roofing & Walls
Water Management
Tunnel Liners
Bridges
Others
By End-User
Residential
Industrial
Infrastructural
Others
Key players:
Carlisle Companies, Inc., Chryso SAS, Copernit S.P.A., Derbigum Americas Inc., DowDuPont, Inc., Firestone Building Products Company, Flex Roofing Systems, Fosroc International Ltd., GAF, GCP Applied Technologies, Inc., GSE Environmental, Inc., IKO Industries Ltd., Isomat S.A., Johns Manville Corporation, Juta AS, LATICRETE International, Inc., Mapei S.p.A., Paul Bauder GmbH & Co. KG, RENOLIT SE, Schluter-Systems Ltd., Sika AG, Solmax International, Inc., Soprema Group.
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Table of Content
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model Textile Chemicals Market
7. PEST Analysis
8. Emulsion Waterproofing Membrane Market Forecast By Type
9.Emulsion Waterproofing Membrane Market Forecast By Raw Material
10.Emulsion Waterproofing Membrane Market Forecast By End-Use Industry
11.Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion
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