The Waterproofing Systems market is forecast to grow at a CAGR of 5.8%, reaching USD 17.8 billion in 2031 from USD 13.4 billion in 2026.
Thin layers of waterproof rubber, plastic, and coated fabric materials are utilized as waterproofing solutions for basements, walls, buildings, and roofs. These waterproof thing layers' main purposes are to keep out water, give tear resistance, and offer flexibility and strength.
The waterproofing system market is being stimulated by elements like increasing government spending on infrastructure construction and bettering water management practices, particularly in developing nations. Diverse sectors are switching from artificial to bio-based waterproofing products because they are more affordable, require less upkeep, and are the best possible solution for conventional technology as wastewater management becomes more and more of a concern.
Rising investment in public infrastructure
The waterproofing systems market is anticipated to experience revenue growth over the forecast period as a result of increasing investments in the construction of commercial buildings, the renovation of aging infrastructure, growing urbanization and industrialization, and strict environmental regulations regarding the discharge of industrial and municipal wastewater.
Additionally, as the use of waterproofing membranes in the industry grows, different below-grade waterproofing membranes are used to fend off corrosion caused by moisture in tanks, bunds, and other water-holding structures, as well as to withstand positive pressure. The aforementioned elements should accelerate market revenue growth.
Increasing Demand for Polyurethane Liquid Membranes to Open Up Opportunities
Liquid polyurethane membranes are widely used in the roofing and waterproofing industries. The small and medium-sized roof restoration market, which is extremely lucrative and resilient to crises, is where the membranes are largely offered. Only local or regional providers supply the fragmented worldwide market for liquid membranes.
These membranes are seeing disproportionately high market growth as a result of their improved characteristics, including durability, adaptability, a strong strength-to-weight ratio, and better insulating capacities. Due to their use in geometrically difficult connections and low energy usage, polyurethane waterproofing systems surpass conventional waterproofing membranes which increase the waterproofing systems market share.
Complexity of installation
Implementing specific waterproofing systems, particularly advanced membranes or chemical applications, often involves intricate procedures that demand skilled professionals and specialized equipment. Consequently, this can result in elevated labor expenses and extended installation durations compared to simpler techniques.
In certain regions or sectors of the construction industry, there may be limited awareness and comprehension of advanced waterproofing systems. As a consequence, there might be a predilection for traditional methods or reluctance to embrace newer technologies.
Waterproofing systems market segmentation by type into waterproofing membranes, waterproofing chemicals, and integral systems.
The market for waterproofing systems is segmented into three main types: Waterproofing Membranes, Waterproofing Chemicals, and Integral Systems. Waterproofing Membranes include various types such as Bituminous membranes (asphalt-based), PVC membranes, EPDM membranes, TPO membranes, and HDPE membranes.
Waterproofing Chemicals are used in a range of applications including basements, foundations, tunnels, parking structures, and other below-grade structures. Integral Systems find applications in high-performance buildings, green construction projects, and structures requiring superior waterproofing performance.
APAC is anticipated to hold a significant share of the waterproofing systems market-
During the projected period, the Asia Pacific region is anticipated to lead the waterproofing systems market. The building sector in China is growing quickly. The fourth quarter of 2022 saw a 50% growth in China's building output, according to the National Bureau of Statistics of China, valued at over CNY 276 billion.
The construction of 162,000 km of highways by 2035 is one of the long-term infrastructure development objectives set forth by the Chinese government. The Indian government reiterated its commitment to constructing affordable homes for the urban poor when it included INR 48,000 crores (about USD 5.8 billion) for the PM Aawas Yojana scheme in its Union Budget 2022β23.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 β 2031 |
| Companies |
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By Type
Waterproofing Membranes
Waterproofing Chemicals
Integral Systems
By Application
Building Structures
Roofing & Walls
Roadways
Waste & Water Management
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
Japan
India
South Korea
Indonesia
Taiwan
Others