[180 Pages Report] The Waterproofing Systems Market size was estimated at USD 56.60 billion in 2023 and expected to reach USD 60.52 billion in 2024, at a CAGR 7.56% to reach USD 94.30 billion by 2030.
Waterproofing systems are majorly used to make an object or structure water-resistant, enabling it to remain relatively unaffected by water or resist water ingress under specified conditions. Over the years, market players have significantly developed advanced sheet, roof, tank, room, tunnel, and bridge-deck waterproofing, to meet industrial consumer demands. Expanding investments in construction and infrastructure development projects are creating a growing need for cost-effective and efficient waterproofing systems. The world has constantly faced tremendous water disasters, encouraging residential and commercial areas to implement waterproofing measures. However, potential health and environmental issues of waterproofing, along with the stringent regulations for the appropriate use of waterproofing systems, are impeding product penetration. Market players are elevating the production of sustainable and certified products to accelerate product commercialization. Research & development in the industry has majorly focused on crystalline and nanotechnology-based waterproofing systems.
Regional Insights
The Asia-Pacific region has observed a tremendous need for effective waterproofing systems driven by immense infrastructure development projects and the rising incidence of water disasters in India, China, Thailand, the Philippines, and Vietnam. South East Asia is also a major producer and exporter of waterproofing membranes, making the area a desirable manufacturing spot. International market players are building manufacturing plants in Malaysia, Thailand, and Indonesia, offering a large variety of waterproofing membranes and construction chemicals solutions. The Americas region majorly requires waterproofing systems due to the increase in the growth of non-residential buildings and transportation improvement with government initiatives to expand road construction across the U.S. and Canada. Moreover, the growing demand for waterproofing membranes from the waste and water management sector across the EMEA is the primary factor for market growth in the region. The European Waterproofing Association (EWA) coordinates and supports the efforts of its members in the promotion of waterproofing and provides common technical information on bituminous membranes, bituminous shingles, and synthetic membranes used in the roofing and waterproofing area.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Waterproofing Systems Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Waterproofing Systems Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Waterproofing Systems Market, highlighting leading vendors and their innovative profiles. These include ALCHIMICA S.A., Arkema S.A., BASF SE, Carlisle Companies Incorporated, CICO Group, Clevcon (Thailand) Co., Ltd., Copernit S.p.A., Covestro AG, Derbigum Manufacturing (Pty) Ltd., DuPont de Nemours, Inc., Elmich Pte Ltd., Fosroc International Limited, GAF Materials LLC by Standard Industries Inc., GCP Applied Technologies Inc. by Saint-Gobain S.A., Henkel AG & Co. KGaA, Holcim Ltd., IKO Industries Ltd., Johns Manville, KEMPER SYSTEM GmbH & Co. KG, Mapei S.p.A., Minerals Technologies Inc., Paul Bauder GmbH & Co. KG, Pentens by PT. UFON NANO CHEMICAL, Pidilite Industries Limited, Renolit SE, RPM International Inc., Sika AG, SOPREMA S.A.S., STP Limited by Berger Paints India Limited, The Dow Chemical Company, and Wacker Chemie AG.
Market Segmentation & Coverage
This research report categorizes the Waterproofing Systems Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Technology Type
- Integral Systems
- Waterproofing Chemicals
- Bituminous
- Grout & Epoxy
- Poly Acrylic
- Polyurea
- Polyurethane
- Vinyl Ester Resin
- Waterproofing Membranes
- Atactic Polypropylene
- Ethylene Propylene Diene Terpolymer (EPDM)
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Modified Bitumen
- Polyvinyl Chloride (PVC)
- Styrene-Butadiene-Styrene
- Thermoplastic Polyolefin (TPO)
- Application
- Balconies
- Basements/Foundation
- Bridges & Dams
- Concrete Tanks
- Marine Cargo Ports & Bogs
- Railway Tracks
- Retaining Walls
- River Locks/ Channels
- Road Surface
- Roofing
- Terraces
- Tunnels
- Wet Areas
- End-Use
- Commercial
- Industrial
- Infrastructure
- Residential
- Sales Channel
- Direct Sales
- Distributors
- Online
- B2B
- B2C
- Retailers
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Waterproofing Systems Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Waterproofing Systems Market?
- What are the technology trends and regulatory frameworks in the Waterproofing Systems Market?
- What is the market share of the leading vendors in the Waterproofing Systems Market?
- Which modes and strategic moves are suitable for entering the Waterproofing Systems Market?