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Waterproofing Chemicals Market on Path to Hit $39.2 Billion by 2029 at 10.6% CAGR

08-26-2025 12:37 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Waterproofing Chemicals Market Size

Waterproofing Chemicals Market Size

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Waterproofing Chemicals Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size of waterproofing chemicals has seen significant growth in the recent past. It's projected to rise from $24 billion in 2024 to $26.16 billion in 2025, with a compounded annual growth rate (CAGR) of 9.0%. This growth during the historical period is primarily due to the rapid urbanization, infrastructure rejuvenation projects, increasing awareness about structural safety, repair, and maintenance activities, strict building regulations, and development in the real estate sector.

What Is the Expected CAGR for the Waterproofing Chemicals Market Growth Through 2029?
The market size of waterproofing chemicals is projected to experience a significant increase in the coming years, reaching $39.2 billion in 2029 with a compound annual growth rate (CAGR) of 10.6%. Factors contributing to this growth during the projected period include the effects of climate change, the spread of green roofs, the need for high-performance coatings, protection against flooding, the preference for liquid waterproofing, and an increase in do-it-yourself waterproofing. Notable trends for the forecast period encompass advancements in the formulation technology, the use of polyurethane for waterproofing, the evolution of smart building technologies, developments in nanotechnology, and the broadening of the market in developing economies.

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What Are the Primary Drivers Behind Waterproofing Chemicals Market Growth?
The uptick in building and construction spending is projected to boost the expansion of the waterproofing chemicals market. The construction sector, which encompasses the industry and trade involved in the construction, sustenance, and fixing of infrastructures, is seeing significant growth. This increase, coupled with rising costs, fuels the demand for waterproofing chemicals because they regulate the environment and protect the infrastructure and its contents. As an example, the Lumber Blue Book reported in February 2024 that construction in Canada increased by 7.8% to $59.0 billion, primarily due to an 11.1% rise in the residential sector. Hence, the surge in building and construction spending is propelling the growth of the heating equipment market.

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What Are the Key Segments Driving Waterproofing Chemicals Market Growth?
The waterproofing chemicals market covered in this report is segmented -

1) By Product: Bitumen, Elastomers, PVC, TPO, EPDM
2) By Technology: Preformed Membranes, Coatings And LAMS (Liquid Applied Membrane Systems), Integral Systems
3) By Application: Roofing And walls, Floors And basements, Waste And water Management, Tunnel liners, Other Applications

Subsegments:
1) By Bitumen: Bitumen Emulsions, Modified Bitumen Membranes, Bituminous Coatings
2) By Elastomers: Thermoplastic Elastomers (TPE), Synthetic Rubber-Based Waterproofing
3) By PVC (Polyvinyl Chloride): PVC Membranes, PVC Coatings
4) By TPO (Thermoplastic Olefin): TPO Membranes, TPO Coatings
5) By EPDM (Ethylene Propylene Diene Monomer): EPDM Membranes, EPDM Coatings

What Are the Technological Trends Impacting the Waterproofing Chemicals Market?
Leading entities in the waterproof chemicals market are making efforts to innovate Home Protect Waterproofing, with the aim to augment the strength and life span of building materials, safeguard structures from water-related damages, and cater to the increasing need for sustainable and efficient waterproofing solutions in residential and business setups. Home Protect Waterproofing is a term used for products and services that avert water penetration and defend homes against water-induced harm. To illustrate, Shalimar Paints, a paint and coating manufacturer from India, introduced two novel products within their Home Protect Waterproofing collection in July 2024 - Zero Damp Advance and Zero Damp Smart. These products aim to offer superior protection against water leakage, establishing fresh industry standards with warranties that can extend up to 12 years.

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Who Are the Major Competitors in the Global Waterproofing Chemicals Market?
Major companies operating in the waterproofing chemicals market include Pidilite Industries Limited, Bostik Inc., Choksey Chemicals Pvt. Ltd., Estop Pte. Ltd., ExxonMobil Chemicals Company, Johns Manville Corporation, Mapei S.P.A, Mitsubishi Chemical Holdings Corporation, Polygel Industries Pvt. Ltd., Sika AG, Soprema SAS, The Dow Chemical Company, Thermax Limited, Wacker Chemie AG, BASF SE, Henkel AG & Co. KGaA, Compagnie de Saint-Gobain S.A., GAF Materials Corporation, Firestone Building Products Company LLC, Tremco Incorporated, Kemper System America Inc., Carlisle Companies Inc., GCP Applied Technologies Inc., RPM International Inc., Fosroc International Limited, Chryso SAS, Derbigum Manufacturing (Pty) Ltd., Fosroc Inc., GAF Material Corp., Holcim Ltd., Koster American Corporation, W.R. Grace & Co.

Which Region Dominates the Waterproofing Chemicals Market Share in 2025?
Asia-Pacific was the largest region in the waterproofing chemicals market in 2024. The regions covered in the waterproofing chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com

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