openPR Logo
Press release

Waterproofing Membrane Market Size Hits USD 138.53 Billion by 2032

10-08-2024 11:19 AM CET | Chemicals & Materials

Press release from: Value Market Research

Waterproofing Membrane Market Size Hits USD 138.53 Billion

The global demand for the waterproofing membrane market size is projected to experience significant growth, with its market size anticipated to reach approximately USD 138.53 billion by 2032, up from USD 71.24 billion in 2023. This growth, occurring at a compound annual growth rate (CAGR) of 7.67% during the forecast period of 2024 to 2032, highlights the increasing need for waterproofing solutions across various sectors. Key drivers include rising construction activities, infrastructure development, and the growing emphasis on environmental sustainability. Waterproofing membranes are crucial for preventing water infiltration in buildings, tunnels, and other structures, making them essential in both residential and commercial construction projects. Moreover, advancements in material technologies and heightened awareness of the long-term benefits of waterproofing systems are expected to further fuel the market's expansion in the coming years.

The major players in the Waterproofing Membrane market include Sika AG (Switzerland), Soprema (France), GCP Applied Technologies (US), Fosroc (UK), Carlisle Construction Company (US), Mapei S.P.A. (Italy), Tremco (US), Pidilite Industries (India), Henkel Polybit (UAE).

Get more information on "Global Waterproofing Membrane Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/waterproofing-membranes-market/download-sample

The global waterproofing membrane market is set for significant growth over the next decade, driven by increasing infrastructure projects, technological advancements, and the demand for sustainable construction materials. As the industry adapts to new challenges and trends, stakeholders must remain agile in developing innovative, cost-effective, and environmentally friendly solutions to meet the evolving needs of the global construction landscape.

The global waterproofing membrane market is experiencing robust growth, driven by the rising demand for durable and efficient waterproofing solutions across various industries. Waterproofing membranes are essential components in construction, offering protection against water infiltration in structures, roofs, roadways, and water management systems. The increasing focus on infrastructure development, urbanization, and stringent environmental regulations are key factors influencing the market's expansion.

This report explores the waterproofing membrane market segmented by type, application, and region, providing insights into industry trends, market size, growth potential, and future forecasts for 2023-2032.

Market Segmentation

The market is segmented based on type, application, and region, allowing for a comprehensive understanding of the key drivers and trends within each segment.

1. By Type
Waterproofing Membranes: These include liquid-applied membranes, sheet-based membranes, and bituminous membranes, commonly used in various construction projects.
Waterproofing Chemicals: Chemical compounds such as polyurethane, acrylic, and elastomeric coatings are applied to provide additional waterproofing layers.
Integral Systems: These include water-resistant barriers and additives integrated into building materials to enhance waterproofing properties.

2. By Application
Building Structures: Waterproofing membranes are essential for protecting foundations, basements, and other structural elements from water damage.
Roofing & Walls: Used extensively to protect roofs and walls from water infiltration and weather damage, extending the lifespan of buildings.
Waste & Water Management: Waterproofing membranes are used in waste containment, water treatment plants, and reservoirs to prevent leaks and contamination.
Roadways: Membranes are applied to road surfaces and bridges to prevent water penetration, enhancing durability and safety.
Others: This segment includes tunnels, parking areas, and other applications where water resistance is crucial.

Browse Global Waterproofing Membrane Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/waterproofing-membranes-market

Key Market Drivers

Growing Construction and Infrastructure Development: The booming construction industry, especially in emerging economies, is a significant driver of the waterproofing membrane market. Increasing investments in residential, commercial, and infrastructure projects are pushing the demand for effective waterproofing solutions.

Rising Urbanization and Industrialization: As urban populations grow, the need for durable building materials and waterproofing systems becomes more critical. In regions with extreme weather conditions, waterproofing membranes play a vital role in maintaining structural integrity.

Sustainability and Energy Efficiency: With growing awareness of environmental impact, there is a rising demand for eco-friendly and energy-efficient waterproofing solutions. Companies are focusing on developing recyclable and low-VOC (volatile organic compounds) membranes to meet sustainability goals.

Technological Advancements: Continuous innovation in membrane materials, including the development of more durable, flexible, and easy-to-apply solutions, is contributing to the market's growth. Advanced membranes offer enhanced UV resistance, chemical resistance, and long-term durability.

Regional Analysis

North America: The largest market for waterproofing membranes, driven by stringent building codes, infrastructure development, and the rising focus on sustainability in construction.
Europe: The European market is characterized by a strong focus on energy efficiency and sustainable construction materials, with high adoption rates of advanced waterproofing solutions.
Asia-Pacific: Expected to witness the fastest growth due to rapid urbanization, industrialization, and government investments in infrastructure projects, particularly in countries like China and India.
Middle East & Africa: The demand for waterproofing membranes is growing in this region, driven by infrastructure projects, including water management systems and roadways in arid and semi-arid regions.
Latin America: The market is expanding as the construction sector grows, with increasing awareness of the benefits of waterproofing in extending the life of buildings and infrastructure.

Challenges
While the waterproofing membrane market shows strong growth potential, there are certain challenges that could affect market dynamics:

High Cost of Installation: The cost of waterproofing materials and their application can be prohibitive for smaller construction projects, particularly in emerging markets.
Environmental Concerns: While sustainability is a growing trend, many waterproofing membranes are still produced from non-renewable materials, raising concerns about their environmental impact. Companies are addressing this by developing more eco-friendly alternatives.
Technical Complexity: The installation of some waterproofing systems requires skilled labor and specialized techniques, which may limit adoption in regions with a shortage of trained professionals.

Purchase Complete Global Waterproofing Membrane Market Research Report at https://www.valuemarketresearch.com/contact/waterproofing-membranes-market/buy-now

Future Outlook

The future of the global waterproofing membrane market looks promising, with continued innovation in materials and increasing demand from construction and infrastructure sectors. The trend toward green building solutions is expected to shape the market's development, with companies focusing on producing sustainable, energy-efficient, and long-lasting waterproofing products.

Moreover, the growing need for water and waste management systems, particularly in regions facing water scarcity and climate change challenges, will provide new opportunities for market expansion. As the construction industry continues to evolve, the waterproofing membrane market will play a crucial role in ensuring the durability, safety, and sustainability of modern infrastructure.

Contact:

Value Market Research
UG-203, Gera Imperium Rise,
Wipro Circle Metro Station, Hinjawadi, Pune - 411057
Maharashtra, INDIA.
Tel: +1-888-294-1147
Email: sales@valuemarketresearch.com
Website: https://www.valuemarketresearch.com

About Us:
Value Market Research was established with the vision to ease decision making and empower the strategists by providing them with holistic market information.
We facilitate clients with syndicate research reports and customized research reports on 25+ industries with global as well as regional coverage.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Waterproofing Membrane Market Size Hits USD 138.53 Billion by 2032 here

News-ID: 3681932 • Views:

More Releases from Value Market Research

Organic Baby Food Market Size Set to Reach $10.37 Billion by 2032
Organic Baby Food Market Size Set to Reach $10.37 Billion by 2032
The global demand for the organic baby food market size is projected to surge significantly, with expectations of reaching a market size of approximately USD 10.37 billion by 2032, up from USD 4.73 billion in 2023. This growth represents a robust compound annual growth rate (CAGR) of 9.12% during the study period from 2024 to 2032. Factors driving this demand include increasing health consciousness among parents, a rising preference for
Capsule Hotel Market Size Expected to Reach USD 5.38 Billion by 2032
Capsule Hotel Market Size Expected to Reach USD 5.38 Billion by 2032
The global Capsule Hotel Market Size is projected to experience significant growth, with an anticipated market size of approximately USD 5,384.51 million by 2032, up from USD 2,170.92 million in 2023. This growth represents a robust compound annual growth rate (CAGR) of 10.62% over the study period from 2024 to 2032. This surge in demand can be attributed to the increasing popularity of budget-friendly and space-efficient accommodation options among travelers,
Terpenes Market Size Hits USD 518.84 Million in 2023, Projected to Grow at 5.47% CAGR by 2032
Terpenes Market Size Hits USD 518.84 Million in 2023, Projected to Grow at 5.47% …
The global terpenes market size was valued at USD 518.84 million in 2023 and is poised for significant growth over the next decade. Driven by increasing demand across various industries such as pharmaceuticals, cosmetics, and food and beverages, the market is projected to expand at a compound annual growth rate (CAGR) of 5.47% between 2024 and 2032. In terms of volume, the global terpenes market accounted for 108,036.67 tons in
Optical Coating Market Size Hits USD 50.81 Billion by 2032, Driven by 10.2% CAGR
Optical Coating Market Size Hits USD 50.81 Billion by 2032, Driven by 10.2% CAGR
The global demand for the optical coating market size is projected to experience significant growth, with the market size expected to reach nearly USD 50.81 billion by 2032, up from USD 21.2 billion in 2023. This represents a compound annual growth rate (CAGR) of 10.2% over the forecast period from 2024 to 2032. Optical coatings, which enhance the transmission, reflection, and absorption properties of optical components, are becoming increasingly important

All 5 Releases


More Releases for Water

Water Trading Market Size in 2023 To 2029 | Severn Trent, Calgon Carbon, Murray …
The Water Trading report provides a comprehensive analysis of market drivers, limitations, and opportunities, offering a clear and comprehensive view of the market. It thoroughly evaluates market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of key players. The report also highlights the business manufacturing activities of major manufacturers, accompanied by relevant technical data. Additionally, the report presents a detailed overview of the competitive landscape of the
water bikes market, global water bikes market, water bikes industry, water bike …
Prominent water bike manufacturers are focussing on product innovations for experience of the consumer and for that, strategic analysis, collaborations and mergers, joint acquisitions, product launched are done by these manufacturers for taking care of their leading positions in the water bikes industry. Key Developments in Water Bikes Industry In January 2020, World’s first hydro e-bike named as Hydrofoiler-XE1 by Manta 5 was launched. The bike doesn’t have wheels and instead it
Mobile Water Treatment Systems market-Veolia Water Technologies, GE Water, Evoq …
Garner Insights recently released Global Mobile Water Treatment Systems Market research study with over 100 industry informative desk and Figures stretched through Pages and self-explanatory detailed TOC on “Mobile Water Treatment Systems Market”. Global Mobile Water Treatment Systems market 2019 research assists you to attain positive growth and try out different methods for maximizing your profit. The market study gives estimates for Global Mobile Water Treatment Systems Market 2019 analysis and Forecast till 2025. Some
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will
Bailley Drinking Water – Healthy Water – Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. There
Mobile Water Treatment Market presents strong revenue visibility | Evoqua Water …
Global Info Reports render to you profound details in respect to leading participants, regions, application and type of the Mobile Water Treatment Market which is estimated to encounter substantial growth over the forecast period 2018-2025. Market Outlook: The market report based on our unique research methodology delivers thorough analytical scrutiny of the Global Mobile Water Treatment Market dispersed across several segments. The report also consists of current size and summary of the