Global Waterproofing Membranes Market to Reach US$ 44.2 Billion by 2032, Supported by Increasing Waste and Water Management Applications

November 02, 2022 | Chemical & Materials

IMARC Group’s latest report, titled “Waterproofing Membranes Market Report by Product (Liquid Applied Membranes, Sheet Membranes), Usage (Refurbishment, New Construction), Application (Roofing and Walls, Water and Waste Management, Building Structures, Tunnel Liners, Bridges and Highways), and Region 2024-2032,” finds that the global waterproofing membranes market reached a value of US$ 27.3 Billion in 2023. Waterproofing membranes are manufactured from various materials, such as asphalt, polymers, and tackifiers, and may also contain mineral stabilizers. They are used to form a thin, water-tight layer laid onto a surface to avoid water leaks or damage. They can be coated on different surfaces to prevent corrosion as they assist in preventing water from deteriorating the structural integrity of the concrete. They protect structures against hydrostatic pressure and help improve their strength and safety, promote a healthier environment, and save costs on future maintenance and repair works. As a result, waterproofing membranes are extensively used in building structures, roofing, walls, tunnel liners, bridges, highways, and water and waste management.

Global Waterproofing Membranes Market Trends:

The increasing product applications in water and waste management to protect against chemical attacks or abrasion damage due to rapid water flow represents the primary factor driving the market growth. This is further supported by growing awareness among the masses regarding the effects of potential water disasters on water management programs. Moreover, there has been widespread product usage in building structures to enhance strength, flexibility, and resistance to differential movement, high temperatures, and fire. In line with this, the rising number of construction projects and housing developments, coupled with increasing infrastructural expenditures, especially in developing nations, has augmented the product demand. Besides this, the surging public and private funding for bridges, tunnels, manufacturing plants, and institutes have catalyzed market growth. Additionally, the leading players are engaging in research and development (R&D) activities to develop innovative, cost-effective, and efficient waterproofing membranes. Furthermore, the launch of thermoplastic polyolefin (TPO) roofing membranes that offer superior resistance to ozone, ultraviolet (UV), and chemical exposure has accelerated product adoption rates. Other factors, including the expanding construction industry, increasing mining activities, favorable government regulations, rising interest in green roofs, and improving water conservation infrastructure, are also providing a positive impact on the market growth. Looking forward, IMARC Group expects the market value to reach US$ 44.2 Billion by 2032, growing at a CAGR of 5.4% during the forecast period (2024-2032). 

Market Summary:

  • Based on the product, the market has been bifurcated into liquid applied membranes (cementitious, bituminous, polyurethane, acrylic, and others) and sheet membranes (bituminous, polyvinyl chloride (PVC), ethylene propylene diene monomer (EPDM), and others).
  • On the basis of the usage, the market has been classified as refurbishment and new construction.
  • The market has been divided based on the application into roofing and walls, water and waste management, building structures, tunnel liners, and bridges and highways. 
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being BASF SE, Carlisle Companies Incorporated, Dow Inc., Firestone Building Products (Holcim Group), Fosroc Inc. (JMH Group), GAF Materials Corporation (Standard Industries), GCP Applied Technologies (W. R. Grace and Company), Johns Manville (Berkshire Hathaway Inc.), Mapei S.p.A, Paul Bauder GmbH & Co. KG, Renolit SE (JM Holding GmbH & Co. KGaA), Sika AG and Soprema S.A.S.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste 
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Waterproofing Membranes Market to Reach US$ 44.2 Billion by 2032, Supported by Increasing Waste and Water Management Applications
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More