Waterproofing Membrane Market is Forecasted to Reach US$ 42.3 Billion in 2030, Says Stratview Research

The global waterproofing membrane market is projected to witness a growth rate of 4.8% annually from 2024 to 2030, with an anticipated size of US$ 42.3 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global waterproofing membrane market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:
Market Size in 2024: US$ 31.8 billion
Market Size in 2030: US$ 42.3 billion
Growth (CAGR): 4.8% during 2024-2030
Leading Membrane Type: Sheet Membranes
Leading Product Type: Bitumen
Leading Application Type: Roofing
Leading End-Use Type: Residential
Leading Construction Type: Renovation
Leading Region: Asia-Pacific
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 6
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Waterproofing Membrane Market:
The global waterproofing membrane market is segmented based on membrane type, product type, application type, end-use type, construction type, and region.

Based on membrane type - The waterproofing membrane market is segmented into sheet membranes and liquid-applied membranes. Sheet membranes will continue to dominate the market throughout the forecast period due to their superior durability, making them the preferred choice for large-scale commercial and infrastructure projects. Meanwhile, liquid-applied membranes are experiencing faster growth, driven by adaptability to complex structures. The market is becoming more efficient as both segments align with evolving sustainability standards and the adoption of cool roofing technologies.

Based on product type - The waterproofing membrane market is segmented into bitumen, PVC, TPO, acrylic, polyurea, polyurethane, and other product types. Sheet membranes prefer bitumen as their choice of covering material while maintaining dominance in the marketplace. Polyurethane liquid-applied membranes are presently increasing in popularity as industry stakeholders predict they will dominate substantial segment share in the future. Membrane options need to fulfill sustainability requirements to maintain market position and provide cost-efficient solutions.

Based on application type - The market is segmented into roofing, foundation & below grade, water-retaining structures, infrastructure, and other application types. The roofing segment will maintain its position as the principal market leader and fastest-growing application through 2030 because of rising worldwide residential and construction spending. The market shows increasing acceptance of cool roofs as one essential development through global warming trends. The essential role that cool roofs play in boosting energy efficiency creates additional momentum for market expansion.

Based on end-use type - The market is segmented into residential, non-residential, and Infrastructure. The residential category is projected to maintain its dominance and experience the fastest growth throughout the forecast period with increasing construction spending and housing demands, as well as rising home improvement demands. The commercial category is expected to remain a market driver, supported by ongoing infrastructure development and increasing demand for cool roofs and reflective surfaces to enhance energy efficiency across various regions.

Based on construction type - The market is segmented into new construction and renovation. The demand for renovations will continue to be stable because infrastructure projects involve aging structures while sustainable building practices gain popularity supported by home improvements and repair projects. The projection for new construction continues to maintain its market share due to emerging countries' urbanization over the coming forecast period.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific region is expected to remain the largest market for waterproofing membranes during the forecast period. This growth outlook is majorly attributed to the following-
· Rapid urbanization
· Large-scale infrastructure projects
· Strong construction demand

Likewise, the North America is projected to experience the highest growth rate by 2030, fueled by increasing renovation activities, stringent regulatory requirements, and the rising adoption of advanced, sustainable waterproofing solutions.

Waterproofing Membrane Market Drivers:

Some of the key drivers listed in the report are given below.
· Growing urbanization and infrastructure maintenance
· Rising adoption of eco-friendly waterproofing technologies
· Advancements in polymer-based liquid-applied membranes, enhancing durability and environmental resistance.

Top Companies in the Waterproofing Membrane Market:

The market is moderately concentrated, with some local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players.
· Carlisle Companies Inc.
· Holcim Group
· Keshun Waterproof Technology Co., Ltd.
· Mapei S.p.A.
· Oriental Yuhong Waterproofing Technology
· RPM International
· Saint-Gobain
· Sika AG
· Soprema Group
· Standard Industries

What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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