Building Waterproof Coating Market Share Driven by Urban Infrastructure Expansion and Advanced Construction Materials | Valuates Reports

Building Waterproof Coating Market
The global market for Building Waterproof Coating was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

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The Building Waterproof Coating market is witnessing sustained market growth as urbanization, infrastructure modernization, and stringent building performance standards expand globally. Increasing emphasis on structural durability, moisture resistance, and long-term asset protection is positively influencing overall market size. Key market trends include the development of environmentally compliant formulations, improved adhesion technologies, and high-elasticity membranes suited for diverse climatic conditions. Growing renovation activities and preventive maintenance in residential and commercial structures further reinforce the market forecast, as property owners prioritize long-lasting waterproofing systems to mitigate structural degradation and water intrusion risks.

By type, Liquid waterproof coatings hold the largest market share due to their seamless application, adaptability to complex surfaces, and strong bonding performance. These coatings are widely used in both new construction and refurbishment projects, contributing significantly to market growth. Dry waterproof coatings, often supplied in powder form and mixed on-site, are expanding steadily, particularly in regions where cost efficiency and ease of storage are key procurement considerations. Both segments play a vital role in shaping the market size by addressing varying climatic conditions and project requirements.

In terms of application, Roof waterproofing commands the dominant market share, driven by the need to protect large exposed surfaces from rainfall, temperature fluctuations, and environmental wear. Kitchen and Shower Room applications are also contributing to consistent market growth, particularly in residential and hospitality construction where moisture protection is critical. The "Others" category, including basements, balconies, and water-retaining structures, further strengthens overall demand and supports diversified market expansion.

The competitive landscape features global chemical and construction material leaders with strong research capabilities and extensive distribution networks. BASF, AkzoNobel, and PPG maintain significant market share through advanced polymer-based waterproofing technologies. Henkel and Sherwin-Williams strengthen their presence with specialized building protection solutions. Companies such as Sika, Mapei, and Oriental Yuhong continue expanding their product portfolios and regional manufacturing capacity to enhance competitive positioning and capture growing market share.

Regionally, Asia-Pacific dominates the market size, driven by rapid construction activity in China and other emerging economies. North America and Europe maintain substantial market share due to established building codes, renovation demand, and advanced construction practices. Southeast Asia and Latin America are experiencing accelerating market growth as urban housing projects and commercial infrastructure investments rise. The market forecast remains positive, supported by innovation in eco-friendly coating technologies, expansion of distribution networks, and increasing awareness of long-term building resilience and sustainability.

by Type

• Dry
• Liquid

by Application

• Roof
• Kitchen
• Shower Room
• Others

By Company

BASF, AkzoNobel, PPG, Henkel, Badese, Sherwin-Williams, Grupo Puma, Koster, Sika, Davco, Mapei, Oriental Yuhong, Huarun

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