Waterproofing Membranes Market Share – Industry Analysis, Key Players and Trends to 2027

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Waterproofing Membranes Market to at over 6.5
CAGR from 2021 to 2027 Global Market Insights,
Inc.
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Overview of Waterproofing Membranes Market

• Global waterproofing membrane market size is
  expected to cross USD 13.5 billion in valuation
  by 2027.
• The rising instances of damages and problems
  pertaining to inadequate waterproofing across
  households and commercial premises along with the
  fast-growing construction sector worldwide will
  positively influence the market for waterproofing
  membranes.
• Although most of the modern buildings are
  waterproof, the incursion of membranes and
  coatings helps in protecting the integrity of the
  structures.

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• The growing consumer emphasis on preventive risk
  measures and surging need for regular maintenance
  to prevent damages caused by water, specifically
  in reinforced concrete buildings as they are
  subjected to corrosion, will also accelerate the
  product demand.
• Furthermore, increasing number of building
  regulations across the globe have made
  waterproofing techniques a fundamental
  construction requirement. This can be attributed
  to spiraling concerns over leaks, spalling, and
  deterioration caused by cracks in joints or
  foundation due to exposure to water.
• In order to cater to ease of use, superior
  durability as well as smaller and lighter aspects
  of maintenance, there have been ongoing advances
  in waterproofing technologies and materials.

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• Liquid-applied waterproofing membranes are
  expected to witness increasing adoption as they
  can be easily applied like any other paint, to
  vaulted or steeply inclined roofs. Upon drying,
  these membranes form an elastic membrane to offer
  excellent waterproofing capabilities.
• On account of higher elasticity, they prevent the
  occurrence of cracks and other defects that could
  compromise their quality. They also exhibit
  higher resistance to weathering, aging, and UV
  rays whilst extending these properties over time
  without degrading their effectiveness.
• These waterproofing membranes are also preferred
  over other solutions as they offer a longer
  useful life and do not require regular
  maintenance.

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• With regards to products, polymer waterproofing
  membranes are likely to register notable
  preference owing to the rising incursion of
  plastics in the building and construction sector.
  They are considered suitable for use in the
  vertical and horizontal walls of buildings to
  prevent them from water seepage to ensure the
  longevity of the structures.
• Polyethylene (PE) geomembrane is increasingly
  used as a waterproofing membrane as it is
  impermeable and offers the benefits of damp-free
  walls.
• North America is set to record a significant
  footprint for waterproofing membranes driven by
  the surging spending capacities of consumers and
  flourishing construction vertical in the region.

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• The influx of various technological advancements
  along with the robust presence of some leading
  market players will influence the market
  progression.
• For instance, in September 2020, U.S.-based, GHS
  Holdings, joined hands with Altexa srl, an
  Italian firm, to introduce HDry, advanced
  technology for waterproofing outdoor products in
  North America.
• In addition to the aforementioned trends,
  providers of various types of waterproofing
  membranes are actively implementing inorganic
  strategic measures and partnerships to sustain
  the escalating market competition.
• They are also focusing on capacity expansions,
  and innovations for new product launches in a bid
  to meet the rising requirements. For instance, in
  January 2020, BASF launched MasterSeal 730 UVS,
  its innovative waterproofing membrane across Asia
  in an attempt to expand its versatile
  waterproofing offerings under its Master Builders
  Solutions brand.

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