The global demand for Waterproofing Membranes Market is presumed to reach the market size of nearly USD 56.6 BN by 2032 from USD 28.03 BN in 2023 with a CAGR of 8.12% under the study period 2024 - 2032.
Waterproofing System is the process of making any object or building waterproof or water-resistant such that it is largely unaffected by water or resists moisture absorption under particular conditions. These items can be used in wet conditions or at specified depth underwater. Waterproofing membranes, waterproofing substances, and integrated solutions are examples of waterproofing systems. Water conservation, transportation, and filtration become increasingly critical when precipitation distribution changes region-wise and seasonally. A waterproofing system is particularly beneficial for reducing leaks and dampness and extending the structure's longevity.
Market Dynamics
Growing urbanization and industrialization have had a favourable influence on the market for waterproofing systems. The expanding roofing and wastewater management sectors are driving the market growth. In addition, rigorous environmental regulations have driven the expansion of the waterproofing system industry. Furthermore, the waterproofing system is being used to renovate and construct many new sectors, boosting its market. The prevention of moisture and corrosion is the primary driver of the waterproofing system's market expansion. Fluctuating costs for raw materials can push up the overall cost of waterproofing membrane production, limiting the demand for waterproofing systems in the market. Also, the use of chemical materials in waterproofing systems, which can have a detrimental impact on the environment, may further hinder market expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of waterproofing systems. The growth and trends of waterproofing systems industry provide a holistic approach to this study.
Market Segmentation
This section of the waterproofing systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Material
- Bitumen
- Thermoplastic Olefin (TPO)
- Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Monomer (EPDM)
- Others (Including Ethylene Vinyl Acetate (EVA), High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE))
By Type
- Liquid-Applied Membranes
- Sheet-Based Membranes
By Application
- Roofing & Walls
- Building Structures
- Water & Waste Management
- Landfill & Tunnel Liners
- Others (Including Bridges & Highways and Marines)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Waterproofing Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Waterproofing Systems Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the waterproofing systems market include BASF SE, Pidilite Industries Ltd., Carlisle Companies Inc., Fosroc International Ltd, Dow Chemical Company, GAF Materials Corporation, SIKA AG, Solmax, Paul Bauder GmbH & Co.KG, Maris Polymers, Soprema Group, Alchimica Building Chemicals, Johns Manville, CICO Technologies Limited, Kemper System America, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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