Waterproofing Systems Market 2025 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034
Page: 215 | Report Code: MC25020701 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of waterproofing systems Market is valued
to be USD 65.1 billion in 2023, and a CAGR of 6.5% is expected during the
forecast period. Increasing demand for cost-effective, and efficient water
proofing in the construction industry is driving growth in the market. Due to
increasing infrastructure development, rapid urbanization, and
industrialization in emerging economies drive the demand in the waterproofing
systems market.
Government initiatives for smart cities and sustainable buildings boost the adoption of advanced waterproofing systems. Increased residential, commercial, and industrial sector activities worldwide, and high investment in mega projects, tunnels, bridges, and roads require effective water-proofing solutions.
Growth
Drivers
Rapid urbanization, and infrastructure development are
driving demand for waterproofing in residential, commercial, and industrial
projects. Growth in smart cities, and mega construction projects worldwide are
the factors behind the market growth. Growing concerns over water damage, mold
growth, and structural degradation are pushing builders and homeowners toward
advanced waterproofing solutions. Increased adoption of sustainable and
long-lasting waterproofing materials is driving growth in the market. Rising
concern about eco-friendly environment, and sustainability is driving growth in
the market significantly.
Governments and regulatory bodies are enforcing strict waterproofing standards to ensure structural safety and energy efficiency. Compliance with green building certifications (LEED, BREEAM, etc.) is boosting demand for eco-friendly waterproofing solutions. Increasing repair and refurbishment of old buildings, particularly in developed economies.
Demand for
waterproofing systems in heritage buildings, tunnels, and underground
structures. Development of self-healing concrete, Nano-coatings, and liquid
applied membranes enhance performance. Rise in demand for environment friendly
solutions in construction industry, and increasing awareness of environment
sustainability is the driving factor in the market growth significantly. Though
the fluctuation in the prices of raw material is a big challenge in market
growth but market is still witnessing growth during the forecast period.
Growth in polymer-based waterproofing solutions such as TPQ,
PVC, and bituminous membranes are the key factors in market. Waterproofing
solutions are increasingly used in transport infrastructure (bridges, tunnels,
and roads) are driving growth in the market. Growth in waterproofing for marine
structure, oil and gas facilities, and mining industries are leading the market
towards success.
Segmentation
By Type
·
Waterproofing Membranes
·
Waterproofing Chemicals
·
Integral Systems
By
Product Type
·
WaterProof Paints
·
Polymer Waterproof Sheets
·
Rigid Waterproof Materials
·
Asphalt Waterproof Rolls
·
Building Seal Waterproof Material
By
Application
·
Building Structures
·
Roofing & Walls
·
Waste & Water Management
·
Roadways
·
Others
Regional
Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
The
Waterproofing Systems Market by Application Segmentation
On the basis of the application, the waterproofing systems market is segmented into Building Structures, Roofing and Walls, Waste and Water Management, Roadways, and Others. Building structure is the leading segment in the market, and is expected to dominate during the forecast period due to increasing urbanization, and industrialization. Other segments like Roofing and Walls, waste and water management, and hold smaller shares of the market.
Roofing segment is also witnessing moderate growth during the forecast
period. Governments and regulatory bodies are enforcing strict waterproofing
standards to ensure structural safety and energy efficiency. Compliance with
green building certifications (LEED, BREEAM, etc.) is boosting demand for
eco-friendly waterproofing solutions. Increasing repair and refurbishment of
old buildings, particularly in developed economies.
Requirement of rigid waterproof materials in residential and
commercial segments too due to rising growth in the construction sector.
The
Waterproofing Systems Market by Type Segmentation
On the basis of the type, The Waterproofing systems market is segmented into Waterproof Paints, Polymer Waterproof Sheets, Rigid Waterproof Materials, Asphalt Waterproof Rolls, Building Seal Waterproof Material, and others. Waterproof paints are the leading segment, which provides protection against the water infiltration, which do cause structural damage, mold growth, and deterioration of building materials.
Increasing demand for these coatings
in area with high moisture like in bathroom, basements, and roofs, preventing
water from penetrating walls, floors, and ceilings. By creating a
moisture-resistant barrier, it increases the life-span of the building. Growth
in polymer based waterproofing solutions are driving the demand in the market.
Increasing number of residential, commercial and industrial projects are
driving growth in the market. Increasing demand for Building seal waterproof
material is another reason behind the significant growth in the market.
Regional
Outlook
On the basis of the regions, The Waterproofing systems
market is segmented into 5 regions: Asia Pacific, North America, Latin America,
Middle East and Africa, and Europe. Asia Pacific region is the leading segment
in the waterproofing systems market due to rising disposable income, and
increasing urbanization in emerging economies. Countries like China, India, and
Southeast Asian nations are witnessing extensive urbanization and
infrastructure projects, increasing the demand for waterproofing solutions.
Smart cities, Metro systems, and commercial hubs drive the need for water
proofing in buildings, and underground structures.
Region has a growing number of industrial, commercial, and
residential projects. Government initiatives like “Housing for all in India”
and massive real estate investments in China boost demand in the market. Rise
of factories, warehouses, and production units due to industrialization
contributes to the need of waterproofing solutions. Stricter building codes,
and regulations regarding waterproofing materials are being enforced, improving
market penetration. Growing awareness of the long term savings of waterproofing
in preventing structural damage is a key factor behind the growth in the
market.
FDI in infrastructure and construction projects increase waterproofing demand. Smart City initiatives across China, India, and ASEAN countries drive the need for advanced waterproofing technologies. Strict Building regulation, and Infrastructure renovation and extreme weather conditions are the driving factor in the market. North America region including Canada, and United States of America ae witnessing growth due to growing demand for waterproofing solutions, including green roofs, and energy efficient buildings. North America houses major waterproofing companies like BASF SE, Carlisle Companies, and RPM international are the key reason behind the growth.
German companies have a strong focus on Research and
Development, and increasing demand for eco-friendly environment, and
sustainability is driving growth in the market significantly.
Key
Players
·
Sika
·
Fosroc
·
GCP applied technologies
·
Soprema
·
Dow Chemical
·
BASF SE
·
Henry Company
·
Holcim
·
Carlisle Construction Materials
· Other Players