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Waterproofing Membrane Market Trends

  • Report ID: GMI173
  • Published Date: Nov 2024
  • Report Format: PDF

Waterproofing Membrane Market Trends

Waterproofing trends are increasingly focused on providing sustainable, user-friendly, and long-lasting solutions. Innovations, ranging from advanced liquid membranes and advanced coatings to modern technologies in the construction and building sectors, are reshaping the waterproofing landscape. Designers of these trends prioritize creating solutions that are not only efficient and durable but also versatile in their applications.
 

As the demand for high-quality products surges, the market has seen the emergence of innovative waterproofing solutions. These include durable PVC-based membranes, high-tech coatings derived from acrylic or PU, and advanced nanocrystals. Such innovations empower contractors to execute their work with enhanced speed and efficiency, ensuring longevity. A notable trend in residential waterproofing is the adoption of hybrid materials, which significantly mitigate the risks of failures and water leaks.
 

Waterproofing high-rise buildings presents unique challenges that demand specialized attention. While waterproofing membranes manufactured from advanced materials like EPDM, TPO, and PVC offer superior protection, they come with a high upfront price tag. This cost can deter adoption in budget-sensitive construction projects or in economically constrained regions.
 

Producing waterproofing membranes depend on key raw materials, including bitumen, polymers like PVC and TPO, and various chemicals. Prices for these essentials can fluctuate dramatically, influenced by geopolitical tensions, supply chain disruption, or even the ever-changing costs of crude oil and petrochemical products. Such volatility directly impacts production expenses.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global waterproofing membrane industry was valued at USD 32.8 billion in 2023 and is estimated to grow at a CAGR of over 6.8% from 2024 to 2032, driven by construction activities and infrastructure development.

The sheet membrane segment accounted for approximately USD 18.3 billion in 2023 and is estimated to grow at a CAGR of around 6.6% from 2024 to 2032, fueled by the demand for durable and efficient waterproofing solutions.

The U.S. dominates the North American waterproofing membrane market, valued at USD 6.4 billion in 2023, and is estimated to grow at a CAGR of over 6.7% from 2024 to 2032, driven by increased construction activities and stricter building regulations.

Key players in the industry include Alchimica Building Chemicals, Asian Paints, BASF, Bauder, Danrae Group, Derbigum International, Dow, Fosroc, GAF Materials, and Kemper System.

Waterproofing Membrane Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 18
  • Pages: 220
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