Waterproofing Membrane Market By Size, Demand Analysis, Regions and Forecast - 2031

Global waterproofing membrane market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2024-2031). The rising demand for waterproofing membranes attributed to urbanization and infrastructural development activities globally drives the market growth. Market players are developing energy-efficient construction materials to reduce the environmental impact. The market growth is driven by the increasing applications of elastomeric waterproofing membranes in the construction industry. Growing investments in the building sector and an increase in the usage of waterproofing membranes in the mining sector are driving the waterproofing membrane industry during the forecast period.

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Recent Developments 

• In May 2024, BASF and Oriental Yuhong, signed a Memorandum of Understanding (MoU) in Beijing, to create more high-quality and sustainable construction solutions. New technologies and projects in various areas, including waterproof materials, architecture coatings, and insulation materials are planned under the partnership. 

• In June 2022, SealMaster launched a new line of elastomeric waterproofing membranes for the commercial market. The new membranes are designed to provide superior performance and durability in extreme weather conditions.

• In March 2022, Soprema Group, a manufacturer of waterproofing membranes, acquired Sika’s waterproofing business for €1.3 billion ($1.4 billion). This acquisition will strengthen Soprema’s position in the global waterproofing market.

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Market Coverage

•             The market number available for – 2023-2031

•             Base year- 2023

•             Forecast period- 2024-2031

•             Segment Covered- 

o             Type

o             By Application

•             Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

•             Competitive Landscape- BASF Corp., IKO Industries, Inc., Sika AG, SOPREMA Group, and The Dow Chemical Co. among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Waterproofing Membrane Market Report Segment

By Application

• Waste & Water Management
• Roofing & Walls
• Building Structures
• Bridges and Highways
• Tunnel Liners
• Others (Landfills, Roadways)

By Type

• PVC (Poly Vinyl Chloride)
• TPO (Thermoplastic Polyolefin)
• EPDM (Ethylene Propylene Diene Monomer)
• HDPE (High-Density Polyethylene)
• LDPE (Low-Density Polyethylene)
• Modified Bitumen
• Others (Polymethyl Methacrylate (PMMA)

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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