Global Waterproofing Membranes Market by Product (Sheet Membranes, Liquid Applied Membranes), by Application (Building Structures, Roofing) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global waterproofing membranes market was valued at USD 21.14 million in 2020. It is expected to grow at 6.4% compound annual growth rate (CAGR), between 2021 and 2028. Market growth is expected to be positive due to the growing demand for waterproofing materials from the waste and water management industry, as well as the development of water conservation infrastructure. Waterproofing membranes are used in many applications, such as roofs, wet rooms, water and wastewater treatment plants, retaining walls and foundations and tunnels. The projected growth in product demand will be aided by a growing consumer awareness regarding product benefits and the adoption of new materials like Geomembranes.
Over the forecast period, the U.S. will be North America's largest market for waterproofing membranes. The region's rapid industrialization is expected to drive demand for sheet membranes due to increasing construction projects and new housing developments. The region's sheet membranes market will be driven by a growing preference of consumers for longer-lasting paint jobs.
In the coming years, factors such as low manufacturing costs and increased mining activity in different regions will likely increase product utilization. The growing trend in wastewater management will also likely increase product demand during the forecast period.
There are several regulations that govern the use and production of waterproofing membranes. As/NZS 4858, 2004, wet-area membranes, should be used to waterproof membranes that are intended for use in bathrooms, kitchens, and laundry rooms in residential buildings.
The market lacks expertise in choosing the right membrane for durable structures such as basements, decks and watercraft. This will limit market growth over the forecast period. The market growth is also affected by fluctuating raw material prices for polypropylene, bitumen and crude oil.
Product Insights
Due to growing awareness about the benefits of liquid applied membranes, such as their cost-effectiveness and ease-of-installation, they dominated the market with a share of 63.4%. The demand for liquid applied membranes will rise due to the increasing importance of global infrastructure in water conservation and treatment.
In terms of revenue, polyurethane liquid-applied membranes will grow at a fastest rate of 9.5% during the forecast period. Because it is uniform in thickness, its use across different applications is easy. These membranes are used in waterproofing roofs, wet areas, water and wastewater treatment plants, stadium stands, and other applications.
Over the forecast period, bituminous liquid-applied membranes will grow at a rapid pace. It is due to their unique characteristics, including high resistance to weathering and aging, UV radiation and improved flow resistance at high temperature, as well as the ability to increase product viability at low temperatures.
Due to their benefits, such as UV radiation and precipitation resistance, polyvinyl chloride sheet membranes (PVC), are expected to see significant growth during the forecast period. The product's ability of withstanding heavy loads will also be a major selling point.
Application Insights
The market leader in roofing applications was more than 31.0% of global revenue in 2020. Its increasing use in Asia Pacific for residential housing construction is responsible. The roofing market will continue to grow due to increased rainwater and moisture exposure.
Building structures is projected to grow at 8.4% in revenue over the forecast period. Its high use in building to increase the shelf life and protect against varying temperatures is responsible for this growth. The segment is also expected to see growth opportunities from sheet membranes used in flooring applications in buildings.
Due to increased demand for cleaning techniques in tunnels, landfills and tunnels will see significant growth over the forecast period. This segment is expected to be driven by a positive outlook due to the rising demand for waterproofing membranes from developing countries.
Other applications include wet rooms, kitchen floors and bathrooms. The segment is also expected to grow because of increased awareness about the benefits (such as the long-term cost-effectiveness, and risk mitigation) associated with waterproofing membranes.
Regional Insights
Asia Pacific was the dominant market, accounting for more than 32.0% of global revenue in 2020. This is due to rapid industrialization and growing infrastructure developments in China and India. The trend will also increase congestion in the city which will in turn increase demand for utilities in domestic water application, thus boosting growth in the market.
Due to an increase in construction activity, North America's market is expected to grow significantly over the forecast period. The industry's growth is also being influenced by the increasing investment in warehouse construction to serve the automotive, healthcare, and retail industries that require waterproofing solutions.
Product penetration in advanced countries like France, Germany, the U.K, and Germany is driving Europe's market. The region's growing adoption of water conservation and waste management will also drive product demand over the forecast period.
From 2021 to 2028, the demand for waterproofing membranes will grow significantly in Central and South America. The government's investment of USD 6.4 billion in infrastructure projects in 2020 is expected to boost the market for waterproofing solutions in the industrial and commercial segments.
Market Share Insights & Key Companies
Integration through raw material procurement and waterproofing fabric manufacturing has been the hallmark of this market. Through mergers and acquisitions, capacity expansion and partnerships, companies are trying to increase sales to help the market.
The market is highly competitive because of the large number of companies involved in waterproofing membrane production. To differentiate themselves from their competitors in the value chain, major companies use a dedicated distribution network to run their businesses. The following are some of the most prominent players in global waterproof membranes market:
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BASF SE
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Kemper System America, Inc.
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GAF Materials Corporation
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Paul Bauder GmbH & Co. KG
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CICO Technologies Ltd.
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Fosroc Ltd.
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GAF Materials Corporation
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Alchimica Building Chemicals
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Maris Polymers
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Isomat S.A.
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Bayer MaterialScience AG
Up Market Research published a new report titled “Waterproofing Membranes Market research report which is segmented by Product (Sheet Membranes, Liquid Applied Membranes), by Application (Building Structures, Roofing), By Players/Companies BASF SE, Isomat SA, GAF Materials Corporation, Kemper System America Inc, Paul Bauder GmbH & Co KG, Alchimica Building Chemicals, Maris Polymers, CICO Technologies Ltd, Fosroc Ltd, GAF Materials Corporation, Bayer MaterialScience AG”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Waterproofing Membranes Market Research Report |
By Product | Sheet Membranes, Liquid Applied Membranes |
By Application | Building Structures, Roofing |
By Companies | BASF SE, Isomat SA, GAF Materials Corporation, Kemper System America Inc, Paul Bauder GmbH & Co KG, Alchimica Building Chemicals, Maris Polymers, CICO Technologies Ltd, Fosroc Ltd, GAF Materials Corporation, Bayer MaterialScience AG |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Waterproofing Membranes Market Report Segments:
The market is segmented by Product (Sheet Membranes, Liquid Applied Membranes), by Application (Building Structures, Roofing).
Waterproofing Membranes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Waterproofing Membranes Market
Overview of the regional outlook of the Waterproofing Membranes Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Waterproofing Membranes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Waterproofing Membranes Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Sheet Membranes
2. Liquid Applied Membranes
7. By Application:1. Building Structures
2. Roofing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Waterproofing Membranes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
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Reasons to Purchase the Waterproofing Membranes Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waterproofing Membranes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Waterproofing Membranes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterproofing Membranes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Waterproofing Membranes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Waterproofing Membranes Market Size & Forecast, 2018-2028
4.5.1 Waterproofing Membranes Market Size and Y-o-Y Growth
4.5.2 Waterproofing Membranes Market Absolute $ Opportunity
Chapter 5 Global Waterproofing Membranes Market Analysis and Forecast by Product
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Product
5.1.2 Basis Point Share (BPS) Analysis by Product
5.1.3 Absolute $ Opportunity Assessment by Product
5.2 Waterproofing Membranes Market Size Forecast by Product
5.2.1 Sheet Membranes
5.2.2 Liquid Applied Membranes
5.3 Market Attractiveness Analysis by Product
Chapter 6 Global Waterproofing Membranes Market Analysis and Forecast by Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Application
6.1.2 Basis Point Share (BPS) Analysis by Application
6.1.3 Absolute $ Opportunity Assessment by Application
6.2 Waterproofing Membranes Market Size Forecast by Application
6.2.1 Building Structures
6.2.2 Roofing
6.3 Market Attractiveness Analysis by Application
Chapter 7 Global Waterproofing Membranes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Waterproofing Membranes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Waterproofing Membranes Analysis and Forecast
9.1 Introduction
9.2 North America Waterproofing Membranes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Waterproofing Membranes Market Size Forecast by Product
9.6.1 Sheet Membranes
9.6.2 Liquid Applied Membranes
9.7 Basis Point Share (BPS) Analysis by Product
9.8 Absolute $ Opportunity Assessment by Product
9.9 Market Attractiveness Analysis by Product
9.10 North America Waterproofing Membranes Market Size Forecast by Application
9.10.1 Building Structures
9.10.2 Roofing
9.11 Basis Point Share (BPS) Analysis by Application
9.12 Absolute $ Opportunity Assessment by Application
9.13 Market Attractiveness Analysis by Application
Chapter 10 Europe Waterproofing Membranes Analysis and Forecast
10.1 Introduction
10.2 Europe Waterproofing Membranes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Waterproofing Membranes Market Size Forecast by Product
10.6.1 Sheet Membranes
10.6.2 Liquid Applied Membranes
10.7 Basis Point Share (BPS) Analysis by Product
10.8 Absolute $ Opportunity Assessment by Product
10.9 Market Attractiveness Analysis by Product
10.10 Europe Waterproofing Membranes Market Size Forecast by Application
10.10.1 Building Structures
10.10.2 Roofing
10.11 Basis Point Share (BPS) Analysis by Application
10.12 Absolute $ Opportunity Assessment by Application
10.13 Market Attractiveness Analysis by Application
Chapter 11 Asia Pacific Waterproofing Membranes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Waterproofing Membranes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Waterproofing Membranes Market Size Forecast by Product
11.6.1 Sheet Membranes
11.6.2 Liquid Applied Membranes
11.7 Basis Point Share (BPS) Analysis by Product
11.8 Absolute $ Opportunity Assessment by Product
11.9 Market Attractiveness Analysis by Product
11.10 Asia Pacific Waterproofing Membranes Market Size Forecast by Application
11.10.1 Building Structures
11.10.2 Roofing
11.11 Basis Point Share (BPS) Analysis by Application
11.12 Absolute $ Opportunity Assessment by Application
11.13 Market Attractiveness Analysis by Application
Chapter 12 Latin America Waterproofing Membranes Analysis and Forecast
12.1 Introduction
12.2 Latin America Waterproofing Membranes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Waterproofing Membranes Market Size Forecast by Product
12.6.1 Sheet Membranes
12.6.2 Liquid Applied Membranes
12.7 Basis Point Share (BPS) Analysis by Product
12.8 Absolute $ Opportunity Assessment by Product
12.9 Market Attractiveness Analysis by Product
12.10 Latin America Waterproofing Membranes Market Size Forecast by Application
12.10.1 Building Structures
12.10.2 Roofing
12.11 Basis Point Share (BPS) Analysis by Application
12.12 Absolute $ Opportunity Assessment by Application
12.13 Market Attractiveness Analysis by Application
Chapter 13 Middle East & Africa (MEA) Waterproofing Membranes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Waterproofing Membranes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Waterproofing Membranes Market Size Forecast by Product
13.6.1 Sheet Membranes
13.6.2 Liquid Applied Membranes
13.7 Basis Point Share (BPS) Analysis by Product
13.8 Absolute $ Opportunity Assessment by Product
13.9 Market Attractiveness Analysis by Product
13.10 Middle East & Africa (MEA) Waterproofing Membranes Market Size Forecast by Application
13.10.1 Building Structures
13.10.2 Roofing
13.11 Basis Point Share (BPS) Analysis by Application
13.12 Absolute $ Opportunity Assessment by Application
13.13 Market Attractiveness Analysis by Application
Chapter 14 Competition Landscape
14.1 Waterproofing Membranes Market: Competitive Dashboard
14.2 Global Waterproofing Membranes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Isomat SA
14.3.3 GAF Materials Corporation
14.3.4 Kemper System America Inc
14.3.5 Paul Bauder GmbH & Co KG
14.3.6 Alchimica Building Chemicals
14.3.7 Maris Polymers
14.3.8 CICO Technologies Ltd
14.3.9 Fosroc Ltd
14.3.10 GAF Materials Corporation
14.3.11 Bayer MaterialScience AG