Global Waterproof Coatings and Membranes Market, By Product (Polymers, Bitumen, Polymer Modified Cement, Others), Raw Material Type (Modified Bitumen, Polyvinyl Chloride (PVC), Ethylene Propylene Diene Terpolymer (EPDM), Thermoplastic Polyolefin (TPO), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Others), Technology (Integral Systems, Preformed Membranes, Coatings, Liquid Applied Membrane System (LAMS), Sheet Membranes), Application (Roofing and Walls, Waste and Water Management, Building Structures, Floors and Basements, Bridges and Highways, Mining Application, Tunnel Liners, Landfills, Others) - Industry Trends and Forecast to 2023 to 2030.
Waterproof Coatings and Membranes Market Analysis and Size
The essential factors contributing to the growth of the waterproof coatings and membranes market in the forecast period of 2023 to 2020 include rise in the urbanization, increasing of the economic growth, and infrastructural developments. Furthermore, the rise in the need for price efficient and effective waterproofing membranes which in turn is further anticipated propelling the growth of the global waterproof coatings and membranes market.
Data Bridge Market Research analyses that the global waterproof coatings and membranes market which was USD 23,180.00 million in 2022, is expected to reach USD 38,428.73 million by 2030, growing at a CAGR of 6.6% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Waterproof Coatings and Membranes Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Polymers, Bitumen, Polymer Modified Cement, Others), Raw Material Type (Modified Bitumen, Polyvinyl Chloride (PVC), Ethylene Propylene Diene Terpolymer (EPDM), Thermoplastic Polyolefin (TPO), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Others), Technology (Integral Systems, Preformed Membranes, Coatings, Liquid Applied Membrane System (LAMS), Sheet Membranes), Application (Roofing and Walls, Waste and Water Management, Building Structures, Floors and Basements, Bridges and Highways, Mining Application, Tunnel Liners, Landfills, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Carlisle Companies Inc. (U.S.), Firestone Building Products Company, LLC (U.S.), Soprema Group (France), Sika AG (Switzerland), Dow (U.S.), GAF Materials Corporation (U.S.), Johns Manville (U.S.), Renolit (Germany), Fosroc (U.A.E.), CHRYSO SAS (France), Solmax (Canada), Copernit Spa (Italy), Derbigum Manufacturing (Pty) Ltd (South Africa), Flex Membranes International Corp. (Canada), GCP Applied Technologies Inc. (U.S.), IKO Industries Ltd. (Canada), JUTA Ltd (Czech Republic), MAPEI S.p.A. (Italy), LATICRETE International, Inc. (U.S.), Noble Company (U.S.), Paul Bauder GmbH & Co. KG (Germany), Schluter Systems (U.S.), BASF SE (Germany), Pidilite Industries Ltd. (India), CICO Technologies Limited (India), Maris Polymers (Greece), Alchimica (Greece), Saint-Gobain (France), Covestro AG (Germany), Estop Group (Malaysia), Exxon Mobil Corporation (U.S.)
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sMarket Opportunities
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Market Definition
Waterproof coatings can be referred to as synthetic chemical materials that are utilized to several surfaces and substrates to make it resilient against the water or its effects.
Global Waterproof Coatings and Membranes Market Dynamics
Drivers
- Growing Construction Industry
The construction industry, including residential, commercial, and infrastructure projects, is a significant driver for waterproof coatings and membranes. The need to protect structures from water damage and ensure longevity drives demand. Waterproof coatings and membranes plays a crucial role in preserving the quality and efficacy of the surface products, which is expected to drive the growth in the market.
- Increased Awareness of Waterproofing benefits
As awareness about the importance of waterproofing in preventing water-related damage and reducing maintenance costs grows, more construction projects incorporate waterproofing solutions.
Opportunities
- Advances in Technology
Advances in waterproofing technologies, such as self-healing coatings and improved membrane materials, make these products more effective and desirable for a wider range of applications. Moreover, environmentally friendly and sustainable waterproofing materials, including those with low volatile organic compounds (VOCs), are gaining popularity as they align with eco-conscious construction practices.
- Global Expansion of Infrastructure
Infrastructure projects, such as transportation networks, water supply systems, and energy facilities, in developing and developed countries create a consistent demand for waterproofing materials. In addition, waterproofing is essential in industrial facilities and commercial buildings to protect against water-related damage, mold, and structural degradation.
Restraints/Challenges
- Supply Chain Disruptions
Disruptions in the supply chain, such as those experienced during the COVID-19 pandemic, can impact the availability and cost of raw materials, affecting the overall market. Moreover, innovations in alternative construction solutions, such as pre-fabricated buildings and modular construction, may reduce the demand for traditional waterproofing materials in some contexts.
- High Cost of Waterproof Coatings and Membranes
High initial costs associated with quality waterproof coatings and membranes can deter some construction projects from incorporating these materials, especially in regions with budget constraints.
This global waterproof coatings and membranes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global waterproof coatings and membranes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In January 2021, LafargeHolcim has signed an agreement to acquire Firestone Building Products (FSBP), a leader in commercial roofing and building envelope solutions based in the United States (U.S.), with 2020 (est.) net sales of USD 1.8 billion and EBITDA of USD 270 million. This acquisition is a milestone in LafargeHolcim's transformation to become the global leader in innovative and sustainable building solutions
Global Waterproof Coatings and Membranes Market Scope
The global waterproof coatings and membranes market is segmented on the basis of product, raw material type, technology and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Polymers
- Bitumen
- Polymer Modified Cement
- Others
Raw Material Type
- Modified Bitumen
- Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Terpolymer (EPDM)
- Thermoplastic Polyolefin (TPO)
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Others
Technology
- Integral Systems
- Preformed Membranes
- Coatings
- Liquid Applied Membrane System (LAMS)
- Sheet Membranes
Application
- Roofing and Walls
- Waste and Water Management
- Building Structures
- Floors and Basements
- Bridges and Highways
- Mining Application
- Tunnel Liners
- Landfills
- Others
Global Waterproof Coatings and Membranes Market Analysis/Insights
The waterproof coatings and membranes market is analysed and market size insights and trends are provided by of product, raw material type, technology and application as referenced above.
The countries covered in the global waterproof coatings and membranes market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
Asia-Pacific dominates the global waterproof coatings and membranes market due to the rise in the infrastructural developments. Furthermore, the increase in the industrialization will further boost the growth in the waterproof coatings and membranes market in the region during the forecast period 2023-2030.
North America is projected to observe significant amount of growth in the global waterproof coatings and membranes market due to the increase in the construction activities. Moreover, the upsurge in the investment in warehouse construction for the healthcare, retail, and automotive application industries is further anticipated to propel the growth of the global waterproof coatings and membranes market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Waterproof Coatings and Membranes Market Share Analysis
The global waterproof coatings and membranes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global waterproof coatings and membranes market.
Some of the major players operating in the global waterproof coatings and membranes market are:
- Carlisle Companies Inc. (U.S.)
- Firestone Building Products Company, LLC (U.S.)
- Soprema Group (France)
- Sika AG (Switzerland)
- Dow (U.S.)
- GAF Materials Corporation (U.S.)
- Johns Manville (U.S.)
- Renolit (Germany)
- Fosroc (U.A.E.)
- CHRYSO SAS (France)
- Solmax (Canada)
- Copernit Spa (Italy)
- Derbigum Manufacturing (Pty) Ltd (South Africa)
- Flex Membranes International Corp. (Canada)
- GCP Applied Technologies Inc. (U.S.)
- IKO Industries Ltd. (Canada)
- JUTA Ltd (Czech Republic)
- MAPEI S.p.A. (Italy)
- LATICRETE International, Inc. (U.S.)
- Noble Company (U.S.)
- Paul Bauder GmbH & Co. KG (Germany)
- Schluter Systems (U.S.)
- BASF SE (Germany)
- Pidilite Industries Ltd. (India)
- CICO Technologies Limited (India)
- Maris Polymers (Greece)
- Alchimica (Greece)
- Saint-Gobain (France)
- Covestro AG (Germany)
- Estop Group (Malaysia)
- Exxon Mobil Corporation (U.S.)
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