Waterproofing Membranes Market
Waterproofing Membranes Market Analysis by Liquid Applied and Sheet Waterproofing Membranes for Roofing, Walls, Building Structures, Tunnels, and Landfills from 2023 to 2033
Analysis of Waterproofing Membranes market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Waterproofing Membranes Market Growth Outlook (2023 to 2033)
The waterproofing membrane market is estimated to be valued at US$ 31.5 billion in 2023. Waterproofing material is a thin impermeable membrane that functions along with asphalt to provide protection to the underlying structure of the buildings. The asphalt present in the waterproofing membranes protects the underlying membrane and maintains the quality & support of the internal infrastructure.
| Report Attributes | Details |
|---|---|
| Estimated Market Value (2023E) | US$ 31.5 Billion |
| Forecasted Market Value (2033F) | US$ 64.5 Billion |
| Global Market Growth Rate (2023 to 2033) | 8.0% CAGR |
| North America Market Share (2023) | 26.3% |
| Key Companies Profiled | BASF SE; Alchimica Building Chemicals; Bayer Material Science AG; CICO Technologies Limited; Dow Chemical Company; Fosroc Ltd. |
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Historic and Future Path for Waterproofing Membranes Market
The use of waterproofing membranes has historically exceeded US$ 29.2 billion by the end of the five-year period between 2018 and 2022. Growing rooftop restaurants and gardens are likely to drive the waterproofing membrane market during the forecast period.
- Growth Factors for Short Term (2023 to 2026): Growing construction industry across the globe coupled with demand for green buildings is anticipated to drive the waterproofing membranes market.
- Factors for Medium-Term Growth (2026 to 2029): Increasing government investment for smart cities and infrastructure development across both developed as well as developing economies, which in turn, fuel the demand for waterproofing membranes.
- Long-Term Growth Opportunities (2029 to 2033): Efforts by market players to curb the demand pool and gain high-profit margins are anticipated to drive the waterproofing membranes market in a long run.
Market Dynamics Outlook
“Growing Government Investment in Construction Sector”
For laying the foundational base structure, for residential, commercial, and industrial buildings, waterproofing membranes are used. During the projected period, emphasis on water conservation and wastewater treatment from governments around the world increased the demand for waterproofing membranes.
The increasing need for waterproofing membranes is being driven by the renovation and upgradation of existing infrastructure. The waterproofing membrane market is anticipated to grow due to the need to waterproof roofs, walls, tunnels, and landfills. Waterproofing membranes are an excellent option for insulating mining tunnels all over the world since they can survive harsh environments.
“Consumer Preference Towards Green and Sustainable Buildings Drives Waterproofing Membranes Market”
Membranes for waterproofing have certain drawbacks, such as VOC and toxic content. Manufacturers like Fosroc, Tremco, and Sika offer environmentally friendly solutions and also have made investments in research & development.
For use in eco-friendly construction or infrastructure development projects, such as green buildings and green roofs, market titans are increasingly awarding their products with green certification. Any building with a roof that is entirely or partially covered with vegetation is considered a green roof.
Green roofs are effective in reducing energy costs, stormwater runoff, the urban heat island effect, and the removal of airborne pollutants, among others. On contrary, green buildings are environmentally conscious and energy-efficient throughout their life cycle.
Green building structures have to be waterproofed because they offer sufficient protection against weather conditions and water runoff, as well as offer energy efficiency. Due to the stringent government laws and regulations regulating building emissions as well as the beneficial effects of these establishments, green buildings are gaining traction in countries like Germany and the US.
“Rising Raw Material & Production Costs to Inhibit the Market”
The cost and availability of raw materials directly impact the production process and overall profitability. Crude oil prices have surged as a result of rising geopolitical unpredictability, directly affecting numerous production businesses. Almost all industries have experienced higher pricing pressure, which points to a high inflation rate.
The network of the supply chain has also been disturbed by the rising cost of fuel. Despite high demand from the construction sector, rising prices might have a big impact on overall market growth. Additionally, the unavailability of raw materials is anticipated to limit the market's otherwise promising expansion.
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Country-wise Insights
Why is the Use of Waterproofing Membranes Increasing in the USA?
With approximately one-fourth of the global market share, the USA is still leading the waterproofing membrane industry. Resurgent infrastructure development, led mostly by the United States, is a major driver of market expansion in developed regions.
The use of waterproofing membranes is due to the brisk industrialization and construction. Additionally, the area's snowfall causes more water leaks and harms building infrastructure. This factor has a favorable effect on the sales of waterproofing membranes.
Why do Waterproofing Membrane Manufacturers Choose India?
India's waterproofing membrane market is expanding at an incredible rate, forcing industry participants to reconsider their business models. Owing to the easy availability of resources in the region, the market is expected to propel. Additionally, significant expenditures in infrastructure development and building projects have boosted the overall market demand for waterproofing membranes.
To enhance the durability of waste/water management systems in both new and existing facilities, governments in regions are utilizing waterproofing technologies including liquid-applied and sheet membranes.
Category-wise Insights
Which Application is Estimated to Drive Waterproofing Membranes Market?
Fact.MR predicts that waterproofing membranes will be used extensively in the roofing industry and will generate more than 30.0% of market revenue by 2023 and beyond. Demand is being boosted by an increase in residential and commercial construction projects.
The demand for roof-grade sheet membranes is rising rapidly as a result of the need to protect building roofs from environmental moisture and precipitation. Also, the requirement is also being fueled by building owners' increased demand for multi-layer roof protection solutions.
Why Liquid Applied Waterproofing Membranes are Gaining Traction?
During the projection period, demand for liquid-applied membranes is expected to increase by almost two times. This expansion can be ascribed to how quickly and easily liquid-applied membranes can provide flexible waterproofing.
For public facilities like municipal water tanks, liquid membranes are crucial in extending service life and preventing leaks from normal wear and tear. By 2023, the segment would have controlled more than 60.0% of worldwide revenue.
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Market Players’ Key Strategies
Leading waterproofing membrane manufacturers are BASF SE, Alchimica Building Chemicals, Bayer Material Science AG, CICO Technologies Limited, Dow Chemical Company, and Sika AG.
In order to stand out from the competition in a market that is extremely competitive, major market participants are investing in product innovation. There are several local and regional companies on the extremely fragmented global market for waterproofing membranes.
In order to prevent any disruptions in the demand and supply chains, the lack of raw materials forces firms to tighten their ties with regional agricultural growers. Manufacturers are spending money on R&D to keep up with changing consumer demands in order to stay competitive.
Fact.MR has provided detailed information about the price points of key manufacturers of waterproofing membranes positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Waterproofing Membranes Industry Research
-
By Application:
- Liquid Applied Water Proofing Membrane
- Cementitious
- Bituminous
- Polyurethane
- Acrylic
- Other
- Sheet Waterproofing Membranes
- Bituminous
- Polyvinyl Chloride
- Ethylene Propylene Diene Monomer (EPDM)
- Other
- Liquid Applied Water Proofing Membrane
-
By End Use:
- Roofing
- Walls
- Building & Structures
- Tunnels & Landfills
- Other End Uses
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market Demand (Mn Square Meters) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ Million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Application
- 7.1. Liquid Applied
- 7.1.1. Cementitious
- 7.1.2. Bituminous
- 7.1.3. Polyurethane
- 7.1.4. Acrylic
- 7.1.5. Other
- 7.2. Sheet
- 7.2.1. Bituminous
- 7.2.2. Polyvinyl Chloride
- 7.2.3. Ethylene Propylene Diene Monomer (EPDM)
- 7.2.4. Other
- 7.1. Liquid Applied
- 8. Global Market Analysis and Forecast, By End Use
- 8.1. Roofing
- 8.2. Walls
- 8.3. Building & Structures
- 8.4. Tunnels & Landfills
- 8.5. Other End Uses
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Market Competition Analysis
- 18.1. BASF SE
- 18.2. Alchimica Building Chemicals
- 18.3. Bayer Material Science AG
- 18.4. CICO Technologies Limited
- 18.5. Dow Chemical Company
- 18.6. Fosroc Ltd.
- 18.7. GAF Materials Corporation
- 18.8. Isomat S.A.
- 18.9. Maris Polymers
- 18.10. Paul Bauder GmbH & Co. KG
- 18.11. Pidilite Industries Ltd.
- 18.12. Saint-Gobain Weber GmbH
- 18.13. Sika AG.
- 18.14. Other Prominent Players
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1. Global Market Value (US$ Million), By Region, 2018 to 2022
Table 2. Global Market Value (US$ Million) and Forecast By Region, 2023 to 2033
Table 3. Global Market Volume (Mn Square Meters), By Region, 2018 to 2022
Table 4. Global Market Volume (Mn Square Meters) and Forecast By Region, 2023 to 2033
Table 5. Global Market Value (US$ Million), By Application, 2018 to 2022
Table 6. Global Market Value (US$ Million) and Forecast By Application, 2023 to 2033
Table 7. Global Market Volume (Mn Square Meters), By Application, 2018 to 2022
Table 8. Global Market Volume (Mn Square Meters) and Forecast By Application, 2023 to 2033
Table 9. Global Market Value (US$ Million) and Forecast, By End Use, 2018 to 2022
Table 10. Global Market Value (US$ Million) and Forecast By End Use, 2023 to 2033
Table 11. Global Market Volume (Mn Square Meters), By End Use, 2018 to 2022
Table 12. Global Market Volume (Mn Square Meters) and Forecast By End Use, 2023 to 2033
Table 13. North America Market Value (US$ Million), By Country, 2018 to 2022
Table 14. North America Market Value (US$ Million) and Forecast By Country, 2023 to 2033
Table 15. North America Market Volume (Mn Square Meters), By Country, 2018 to 2022
Table 16. North America Market Volume (Mn Square Meters) and Forecast By Country, 2023 to 2033
Table 17. North America Market Value (US$ Million), By Application, 2018 to 2022
Table 18. North America Market Value (US$ Million) and Forecast By Application, 2023 to 2033
Table 19. North America Market Volume (Mn Square Meters), By Application, 2018 to 2022
Table 20. North America Market Volume (Mn Square Meters) and Forecast By Application, 2023 to 2033
Table 21. North America Market Value (US$ Million), By End Use, 2018 to 2022
Table 22. North America Market Value (US$ Million) and Forecast By End Use, 2023 to 2033
Table 23. North America Market Volume (Mn Square Meters), By End Use, 2018 to 2022
Table 24. North America Market Volume (Mn Square Meters) and Forecast By End Use, 2023 to 2033
Table 25. Latin America Market Value (US$ Million), By Country, 2018 to 2022
Table 26. Latin America Market Value (US$ Million) and Forecast By Country, 2023 to 2033
Table 27. Latin America Market Volume (Mn Square Meters), By Country, 2018 to 2022
Table 28. Latin America Market Volume (Mn Square Meters) and Forecast By Country, 2023 to 2033
Table 29. Latin America Market Value (US$ Million), By Application, 2018 to 2022
Table 30. Latin America Market Value (US$ Million) and Forecast By Application, 2023 to 2033
Table 31. Latin America Market Volume (Mn Square Meters), By Application, 2018 to 2022
Table 32. Latin America Market Volume (Mn Square Meters) and Forecast By Application, 2023 to 2033
Table 33. Latin America Market Value (US$ Million), By End Use, 2018 to 2022
Table 34. Latin America Market Value (US$ Million) and Forecast By End Use, 2023 to 2033
Table 35. Latin America Market Volume (Mn Square Meters), By End Use, 2018 to 2022
Table 36. Latin America Market Volume (Mn Square Meters) and Forecast By End Use, 2023 to 2033
Table 37. Europe Market Value (US$ Million), By Country, 2018 to 2022
Table 38. Europe Market Value (US$ Million) and Forecast By Country, 2023 to 2033
Table 39. Europe Market Volume (Mn Square Meters), By Country, 2018 to 2022
Table 40. Europe Market Volume (Mn Square Meters) and Forecast By Country, 2023 to 2033
Table 41. Europe Market Value (US$ Million), By Application, 2018 to 2022
Table 42. Europe Market Value (US$ Million) and Forecast By Application, 2023 to 2033
Table 43. Europe Market Volume (Mn Square Meters), By Application, 2018 to 2022
Table 44. Europe Market Volume (Mn Square Meters) and Forecast By Application, 2023 to 2033
Table 45. Europe Market Value (US$ Million), By End Use, 2018 to 2022
Table 46. Europe Market Value (US$ Million) and Forecast By End Use, 2023 to 2033
Table 47. Europe Market Volume (Mn Square Meters), By End Use, 2018 to 2022
Table 48. Europe Market Volume (Mn Square Meters) and Forecast By End Use, 2023 to 2033
Table 49. East Asia Market Value (US$ Million), By Country, 2018 to 2022
Table 50. East Asia Market Value (US$ Million) and Forecast By Country, 2023 to 2033
Table 51. East Asia Market Volume (Mn Square Meters), By Country, 2018 to 2022
Table 52. East Asia Market Volume (Mn Square Meters) and Forecast By Country, 2023 to 2033
Table 53. East Asia Market Value (US$ Million), By Application, 2018 to 2022
Table 54. East Asia Market Value (US$ Million) and Forecast By Application, 2023 to 2033
Table 55. East Asia Market Volume (Mn Square Meters), By Application, 2018 to 2022
Table 56. East Asia Market Volume (Mn Square Meters) and Forecast By Application, 2023 to 2033
Table 57. East Asia Market Value (US$ Million), By End Use, 2018 to 2022
Table 58. East Asia Market Value (US$ Million) and Forecast By End Use, 2023 to 2033
Table 59. East Asia Market Volume (Mn Square Meters), By End Use, 2018 to 2022
Table 60. East Asia Market Volume (Mn Square Meters) and Forecast By End Use, 2023 to 2033
Table 61. South Asia & Oceania Market Value (US$ Million), By Country, 2018 to 2022
Table 62. South Asia & Oceania Market Value (US$ Million) and Forecast By Country, 2023 to 2033
Table 63. South Asia & Oceania Market Volume (Mn Square Meters), By Country, 2018 to 2022
Table 64. South Asia & Oceania Market Volume (Mn Square Meters) and Forecast By Country, 2023 to 2033
Table 65. South Asia & Oceania Market Value (US$ Million), By Application, 2018 to 2022
Table 66. South Asia & Oceania Market Value (US$ Million) and Forecast By Application, 2023 to 2033
Table 67. South Asia & Oceania Market Volume (Mn Square Meters), By Application, 2018 to 2022
Table 68. South Asia & Oceania Market Volume (Mn Square Meters) and Forecast By Application, 2023 to 2033
Table 69. South Asia & Oceania Market Value (US$ Million), By End Use, 2018 to 2022
Table 70. South Asia & Oceania Market Value (US$ Million) and Forecast, By End Use, 2023 to 2033
Table 71. South Asia & Oceania Market Volume (Mn Square Meters), By End Use, 2018 to 2022
Table 72. South Asia & Oceania Market Volume (Mn Square Meters) and Forecast By End Use, 2023 to 2033
Table 73. MEA Market Value (US$ Million), By Country, 2018 to 2022
Table 74. MEA Market Value (US$ Million) and Forecast By Country, 2023 to 2033
Table 75. MEA Market Volume (Mn Square Meters), By Country, 2018 to 2022
Table 76. MEA Market Volume (Mn Square Meters) and Forecast By Country, 2023 to 2033
Table 77. MEA Market Value (US$ Million), By Application, 2018 to 2022
Table 78. MEA Market Value (US$ Million) and Forecast By Application, 2023 to 2033
Table 79. MEA Market Volume (Mn Square Meters), By Application, 2018 to 2022
Table 80. MEA Market Volume (Mn Square Meters) and Forecast By Application, 2023 to 2033
Table 81. MEA Market Value (US$ Million), By End Use, 2018 to 2022
Table 82. MEA Market Value (US$ Million) and Forecast By End Use, 2023 to 2033
Table 83. MEA Market Volume (Mn Square Meters), By End Use, 2018 to 2022
Table 84. MEA Market Volume (Mn Square Meters) and Forecast By End Use, 2023 to 2033
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List Of Figures
Figure 1. Global Market Value (US$ Million) and Volume (Mn Square Meters) Forecast, 2023 to 2033
Figure 2. Global Market Absolute $ Opportunity (US$ Million), 2023 to 2033
Figure 3. Global Market Value (US$ Million) and Volume (Mn Square Meters) By Region, 2023 & 2033
Figure 4. Global Market Y-o-Y Growth Rate By Region, 2023 to 2033
Figure 5. Global Market Value (US$ Million) and Volume (Mn Square Meters) By Application, 2023 & 2033
Figure 6. Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 7. Global Market Value (US$ Million) and Volume (Mn Square Meters) By End Use, 2023 & 2033
Figure 8. Global Market Y-o-Y Growth Rate By End Use, 2023 to 2033
Figure 9. North America Market Value (US$ Million) and Volume (Mn Square Meters) Forecast, 2023 to 2033
Figure 10. North America Market Absolute $ Opportunity (US$ Million), 2023 to 2033
Figure 11. North America Market Value (US$ Million) and Volume (Mn Square Meters) By Country, 2023 & 2033
Figure 12. North America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 13. North America Market Value (US$ Million) and Volume (Mn Square Meters) By Application, 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 15. North America Market Value (US$ Million) and Volume (Mn Square Meters) By End Use, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By End Use, 2023 to 2033
Figure 17. North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 18. North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 19. North America Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 20. Latin America Market Value (US$ Million) and Volume (Mn Square Meters) Forecast, 2023 to 2033
Figure 21. Latin America Market Absolute $ Opportunity (US$ Million), 2023 to 2033
Figure 22. Latin America Market Value (US$ Million) and Volume (Mn Square Meters) By Country, 2023 & 2033
Figure 23. Latin America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 24. Latin America Market Value (US$ Million) and Volume (Mn Square Meters) By Application, 2023 & 2033
Figure 25. Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 26. Latin America Market Value (US$ Million) and Volume (Mn Square Meters) By End Use, 2023 & 2033
Figure 27. Latin America Market Y-o-Y Growth Rate By End Use, 2023 to 2033
Figure 28. Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 29. Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 30. Latin America Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 31. Europe Market Value (US$ Million) and Volume (Mn Square Meters) Forecast, 2023 to 2033
Figure 32. Europe Market Absolute $ Opportunity (US$ Million), 2023 to 2033
Figure 33. Europe Market Value (US$ Million) and Volume (Mn Square Meters) By Country, 2023 & 2033
Figure 34. Europe Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 35. Europe Market Value (US$ Million) and Volume (Mn Square Meters) By Application, 2023 & 2033
Figure 36. Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 37. Europe Market Value (US$ Million) and Volume (Mn Square Meters) By End Use, 2023 & 2033
Figure 38. Europe Market Y-o-Y Growth Rate By End Use, 2023 to 2033
Figure 39. Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 40. Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 41. Europe Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 42. East Asia Market Value (US$ Million) and Volume (Mn Square Meters) Forecast, 2023 to 2033
Figure 43. East Asia Market Absolute $ Opportunity (US$ Million), 2023 to 2033
Figure 44. East Asia Market Value (US$ Million) and Volume (Mn Square Meters) By Country, 2023 & 2033
Figure 45. East Asia Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 46. East Asia Market Value (US$ Million) and Volume (Mn Square Meters) By Application, 2023 & 2033
Figure 47. East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 48. East Asia Market Value (US$ Million) and Volume (Mn Square Meters) By End Use, 2023 & 2033
Figure 49. East Asia Market Y-o-Y Growth Rate By End Use, 2023 to 2033
Figure 50. East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 51. East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 52. East Asia Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 53. South Asia & Oceania Market Value (US$ Million) and Volume (Mn Square Meters) Forecast, 2023 to 2033
Figure 54. South Asia & Oceania Market Absolute $ Opportunity (US$ Million), 2023 to 2033
Figure 55. South Asia & Oceania Market Value (US$ Million) and Volume (Mn Square Meters) By Country, 2023 & 2033
Figure 56. South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 57. South Asia & Oceania Market Value (US$ Million) and Volume (Mn Square Meters) By Application, 2023 & 2033
Figure 58. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 59. South Asia & Oceania Market Value (US$ Million) and Volume (Mn Square Meters) By End Use, 2023 & 2033
Figure 60. South Asia & Oceania Market Y-o-Y Growth Rate By End Use, 2023 to 2033
Figure 61. South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 63. South Asia & Oceania Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 64. MEA Market Value (US$ Million) and Volume (Mn Square Meters) Forecast, 2023 to 2033
Figure 65. MEA Market Absolute $ Opportunity (US$ Million), 2023 to 2033
Figure 66. MEA Market Value (US$ Million) and Volume (Mn Square Meters) By Country, 2023 & 2033
Figure 67. MEA Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 68. MEA Market Value (US$ Million) and Volume (Mn Square Meters) By Application, 2023 & 2033
Figure 69. MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 70. MEA Market Value (US$ Million) and Volume (Mn Square Meters) By End Use, 2023 & 2033
Figure 71. MEA Market Y-o-Y Growth Rate By End Use, 2023 to 2033
Figure 72. MEA Market Attractiveness Analysis By Country, 2023 to 2033
Figure 73. MEA Market Attractiveness Analysis By Application, 2023 to 2033
Figure 74. MEA Market Attractiveness Analysis By End Use, 2023 to 2033
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the Estimated Valuation of the Global Waterproofing Membranes Market in 2023?
The global market for waterproofing membranes is estimated to be worth US$ 31.5 billion in 2023.
What is the Growth Rate of Waterproofing Membranes During the Forecast Period?
The market for waterproofing membranes is anticipated to grow at a CAGR of 8.0% during the forecast period.
Which Region has the Prominent Share of the Global Market?
With a 26.3% market share, North America has the greatest global market share for waterproofing membranes.
What are the Primary Applications for Waterproofing Membranes?
Fact.MR predicts that waterproofing membranes will be most popular for roofing applications, which account for over 30.0% of consumption.
Who are the Leading Producers of Waterproofing Membranes?
BASF SE, Dow Chemical Company, Bayer Material Science AG, Saint-Gobain Weber GmbH, Paul Bauder GmbH & Co. KG, and Sika AG are majorly operating and dominating in the market.
What are the Primary Trends Influencing the Use of waterproofing membranes?
The two main factors influencing the use of waterproofing membranes are their versatility and water conservation techniques.
Waterproofing Membranes Market