Waterproofing Systems Market size worth US$15.891 billion by 2029

waterproofing systems market

The waterproofing systems market is expected to grow at a CAGR of 5.63% during the forecasted period, with a market valuation of US$10.830 billion in 2022 and is expected to reach US$15.891 billion by 2029.

The waterproofing systems market is driven by quick rising urbanization and industrialization, an extension of eco-friendly waterproofing system solutions, and increasing innovative technology advancements as well as expanding infrastructure projects by many governments.

As per the report, the waterproofing systems market is expected to grow substantially.

Waterproofing systems are a combination of materials and strategies utilized to prevent water from entering a structure or building component. They are fundamental for securing buildings from water damage, which can lead to several issues, including mold development, decay, and basic failure in the structure. A diverse variety of waterproofing systems solutions are accessible by business and the finest system for a specific application depends on the particular requirement of the projects. Waterproofing systems are a vital part of any construction project. By choosing the correct system and installing it appropriately, a person can offer assistance to secure the building from water harm for years to come. The market is anticipated to encounter substantial increment due to variables such as rising investment in infrastructure, fast-growing urbanization, and industrialization, accentuation on maintainability, extreme climate events, aging infrastructure, and strict environmental controls. Governments are contributing to infrastructure projects, such as roads, bridges, and tunnels, which require vigorous waterproofing systems for performance as well as longevity. The growing focus on eco-friendly building practices is growing the requirement for innovative waterproofing system solutions with lower life-cycle costs. In addition, the rising intensity and unpredictability of extreme climate events, the need for advanced waterproofing systems rises, moreover strict environmental regulation standards are contributing to the increment in demand for effective waterproofing systems. For example, in March 2023, Bostik introduced SEAL & Block, smart waterproofing solutions for basements and rooftops across India. These system technologies are expected to work well by moisture relocation, expanding the duration, and progressing the strength of construction.

Based on the type, the market of waterproofing systems is divided into waterproofing membranes, waterproofing chemicals, and integral systems. Waterproofing membranes, cost-effective and simple to apply, offer high adaptability and tear resistance for different applications, especially in rooftops and establishments. They are well known due to their flexibility and appropriateness for new building construction and infrastructure ventures, particularly in developing economies. Waterproofing chemicals are cost-effective and eco-friendly, with a rising focus on remodeling and retrofitting existing structures. Integral systems, regularly utilized in basements and establishments, offer fabulous waterproofing properties and are in high demand in extreme climate regions.

The market of waterproofing systems by application can be categorized into building structures, roofing & walls, roadways, waste & water management, and others. The waterproofing systems market is anticipated to develop in the coming years due to the development of residential and commercial building infrastructures fuelled by expanded disposable income, and the growing focus on maintainability in building designs. Waterproofing systems are pivotal in avoiding moisture damage, mold formation, and decreased energy effectiveness, hence driving the requirement for these arrangements. Furthermore, numerous existing buildings require renovation or retrofitting, making waterproofing a basic component in these ventures, fuelling market expansion in this application section.

The global market of waterproofing systems has been growing considerably within the Asia Pacific region characterized by fast-growing economies like China and India, which are encountering quick infrastructure improvement, urbanization, and industrialization, requiring strong waterproofing solutions. As numerous existing structures are nearing the conclusion of their life expectancy, there’s a rising requirement for waterproofing frameworks to expand their service life. Governments in the region are heavily investing in infrastructure projects and executing stricter building codes, aligning with market expansion.

The waterproofing systems market is supported by key players such as BASF SE, SOPREMA S.A.S., Henkel Polybit, MAPEI S.p.A., Pidilite Industries Ltd., Tremco Incorporated, ALCHIMICA S.A., Bostik, CHRYSO, Elmich, Siplast, and STP Limited.

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This analytics report segments the waterproofing systems market on the following basis:

  • 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