The global waterproofing system market is anticipated to grow at a CAGR of 6.2% during the forecast period. The market development activities adopted by the key players such as new product launches and product manufacturing facility expansion are key factors driving the market growth. For instance, in June 2021, TN International launched Pure Polyurea which is a fast-track, flexible liquid waterproofing system. Pure Polyurea is the latest enhancement to TNi’s DacoShield PU cost-effective range of liquid roofing and waterproofing systems DacoShield PU.
A waterproofing membrane is a very thin layer of water-tight material that is placed on a surface to restrict the water to pass through it. It is widely adopted in the construction of buildings or existing infrastructures. For instance, the waterproofing membrane can be structured above the structural slab and below the tiles in a flat terrace. Waterproofing membranes inhibit water penetrations and ensure that water does not penetrate the structural slab. As per the report of the US Census Bureau 2021, the total construction spending reached $1,591.6 billion which was $1,469.1 billion in 2020. The growing expenditure on building & construction activities across the globe is a key factor contributing to the growth of the global waterproofing system market.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Sika AG, BASF SE, and Fosroc Mapei S.P.A, among others.
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Waterproofing System Market Report by Segment
By Type
- Waterproofing Membranes
- Waterproofing Chemicals
- Integral Systems
By Application
- Building Structures
- Roofing & Walls
- Roadways
- Waste & Water Management
- Others
Waterproofing System Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Carlisle Companies & Waterproofing
- CHRYSO S.A.S.
- Dow Chemical Co.
- Firestone Building Products Co., LLC
- Flex Membrane International Corp.
- GAF Materials, LLC
- Johns Manville Corp. (A Berkshire Hathaway Inc. Company)
- Juta, Ltd.
- Laiwu Starring Trading Co., Ltd.
- Renolit SE
- Schluter-Systems, Ltd.
- R. Grace and Co.
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