Waterproofing Market Size to Reach Revenues of over $17 Billion by 2025 - Arizton

In-depth analysis and data-driven insights on the impact of COVID-19 included in this global waterproofing market report

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Arizton Advisory & Intelligence

Aug 11, 2020, 11:00 ET

CHICAGO, Aug. 11, 2020 /PRNewswire/ -- The global waterproofing market is expected to grow at a CAGR of over 7% during the period 2019−2025.

Key Highlights Offered in the Report:

Lowering bank interest rates in majority of the emerging economies in Europe is expected uplift residential constructions and create a potential market for waterproofing works during forecast period.
Residential constructions in the Middle East stands out, inducing huge demand for waterproofing materials between 2020-2025. The US government has estimated to invest around $2 trillion, that will undoubtfully provide a greater support for the overall growth of infrastructural sector in North America.
The rising construction activities Spain, Italy, and other major growing countries are supported by lower bank interest rates. Germany has remained a major manufacturer in construction and waterproofing materials, that is propelling the country to hold top position in innovations for construction supplies globally.
Application of waterproofing materials in roofing accounts for highest share over the other application of construction areas.
Rapid urbanization and increasing residential construction activities in emerging urban cities across all the regions are expected to act as potential green spot markets for waterproofing materials.
PVC based waterproof roofing sheets is expected to grow at rapid pace, due to its superior properties, its durability, ease of application, and flexibility across a wide range of applications.
On average 35% of the total residential and commercial structures are suffering minor defects due to wetness and roughly 4.5% of the building structures in the US sustaining moderate to heavy damage.

Key Offerings:

Market Size & Forecast by Revenue | 2019−2025
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation – A detailed analysis by product, raw material, application, and geography
Competitive Landscape – 5 key vendors and 13 other vendors

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Waterproofing Market – Segmentation

The liquid applied membrane (LAM) segment is expected to reach revenues of over $18 llion by 2025. LAM is widely preferred among builders across the globe due to its easy applicable nature on any surface. The demand for LAM is expected to grow significantly during the forecast period on account of the rise in new construction and refurbished activities.
The growing preference for PVC-based waterproofing solutions in commercial and industrial building constructions across the world is influencing the segment. The increasing demand for customized applications is likely to increase the demand for PVC materials significantly during the period 2020–2025 in several urbanized economies.
The growth in construction activities in urban areas in countries such as China, India, Mexico, and Gulf Coastal Countries (GCC) and the increase in re-roofing works in developed economies such as the US and European countries have increased the application of roofing waterproofing works significantly.

Waterproofing Market by Product

Liquid Applied Membrane (LAM)
Sheet-based Membrane

Waterproofing Market by Raw Material

Modified Bitumen
Polyvinyl Chloride (PVC)
Ethylene Propylene Diene Monomer (EPDM)
Others

Ethylene Vinyl Acetate (EVA)
High-Density Polyethylene (HDPE)
Low-Density Polyethylene (LDPE)

Waterproofing Market by Application

Roofing
Underground Constructions
Walls
Others

Floorings
Roads & Bridges
Others

Waterproofing Market – Dynamics

The rising number of smart cities in the APAC region is expected to create substantial business opportunities for smart water management system providers, along with several waterproofing subcontractors, during the forecast period. Singapore and India are planning to invest more than $1.2 billion by the end of 2025 as an initiative towards their smart city projects. Such a smart city initiative in the APAC region is expected to provide a huge scope for the adoption of advanced metering infrastructures, with increasing demand for its related construction works during the forecast period.

Key Drivers and Trends fueling Market Growth:

Lower Bank Rates in Developing Countries
Construction Opportunities in Developing Nations
Efficient & Cost-Effective Waterproofing
Increasing Public Infrastructure Projects

Waterproofing Market – Geography

The consumption of waterproofing materials in APAC is expected to increase at a steady pace during the forecast period. Industrialization and growing rates of infrastructural development projects, predominantly in China and India, are key drivers to the growth in waterproofing works in residential and commercial constructions. In addition, the market growth of waterproofing materials in the APAC region is expected to be propelled by urbanization.

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Waterproofing Market by Geography

North America

US
Canada

Europe

UK
Germany
France
Italy
Spain

APAC

China
Japan
South Korea
Australia
India

Latin America

Brazil
Mexico
Argentina
Colombia

Middle East & Africa

Turkey
Saudi Arabia
South Africa
UAE

Prominent Vendors

Construction Materials
Firestone Building Products
Soprema Groups
Sika AG
GAF

Other Prominent Vendors

Chryso
Copernit
Derbigum
Parex
Asia Mortar
EP Borneo
Tremco
Maris Polymers
KCC
Kemper System
Covestro
Alchimica
Isomat

Explore our chemicals & materials profile to know more about the industry.

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