Waterproofing Market: Revenue Surging Over $45.5 Bn by 2030 – Crystalline Technology Leading the Charge - Arizton

According to Arizton’s latest research report, the waterproofing market is growing at a CAGR of 4.06% during 2024-2030.  

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Report Summary   

Market Size (2030): $45.50 Billion 

Market Size (2024): $35.83 Billion  

CAGR (2024-2030): 4.06%  

Historic Year: 2021-2023  

Base Year: 2024  

Forecast Year: 2025-2030  

Market Segmentation: Product Type, Raw Materials, Application, Construction Outlook, and Geography

Geographic Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa   

The global waterproofing market is being driven by the growth in infrastructure projects, particularly in low- to middle-income countries, where private sector investments are enhancing infrastructure development. This trend is especially prominent in emerging economies focused on modernization and urbanization. Waterproofing demand is closely tied to regional weather conditions, with colder climates favoring thermal insulation products and tropical areas requiring moisture-resistant materials. The market is shifting toward high-performance solutions, such as liquid-applied membranes and multi-layered sheet systems, which offer superior protection in harsh environments. Innovation in waterproofing materials includes self-healing membranes that repair small cracks, extending the longevity of structures. Additionally, there is a growing demand for eco-friendly, low-VOC, and non-toxic waterproofing products, driven by regulatory pressures and increasing consumer awareness in developed countries.

Europe Waterproofing Market Boosted by Renovation, Sustainability Initiatives, and Urbanization

Europe waterproofing market is experiencing robust growth, particularly in Western European countries where structural maintenance remains a key priority. These efforts are further supported by rising sustainability initiatives, including the European Green Deal, which is accelerating the adoption of eco-friendly waterproofing solutions.

The European Green Deal, a critical component of Europe’s environmental strategy, aims to transform the European Union into a resource-efficient, competitive economy with no net greenhouse gas emissions by 2050. This ambitious plan is motivating the widespread use of low-VOC membranes and recyclable materials in the waterproofing sector, as part of a broader push toward sustainability and climate resilience.

In addition to renovation-driven demand, rising urbanization and infrastructure projects, especially in Eastern Europe, are fueling the need for advanced waterproofing solutions in key sectors such as transportation, utilities, and industrial facilities. On October 11, 2024, the European Commission and Agence Française de Développement Group signed a financial guarantee to support the sustainable transition of cities. The program will address challenges faced by cities in accessing long-term financing and technical expertise for green infrastructure projects. It will facilitate investments in energy efficiency, renewable energy, affordable housing, public transport, water and sanitation, waste management, and nature-based initiatives like forestry and wetland management.

With the combination of an aging building stock, growing urban populations, and increased focus on sustainability, the demand for advanced, eco-friendly waterproofing solutions in Europe is expected to continue rising, supporting the region’s long-term development and environmental goals. 

Crystalline Waterproofing Revolutionizes the Market

Crystalline waterproofing technology is transforming the market, particularly for concrete structures. Unlike surface-applied systems, it works internally by forming insoluble crystals in the concrete’s pores, creating a permanent barrier against water ingress and allowing self-sealing of minor cracks over time. This technology is widely used in high-demand applications such as dams, tunnels, basements, and reservoirs, especially in regions with high humidity and heavy rainfall like Southeast Asia and Latin America.

In developed markets such as North America and Europe, crystalline waterproofing is gaining popularity in infrastructure rehabilitation projects, including aging bridges and highways. Companies like Xypex and Kryton International are leading the charge, offering products that seamlessly integrate into concrete mixtures, reducing the need for additional coatings and labor costs. This sustainable solution is non-toxic, low-maintenance, and contributes to the longevity of structures, minimizing the environmental impact of repairs and replacements.

Recent Vendor Activities

In April 2024, Sika presented Protective Membranes at Coverings 2024. Sika showcased its SikaTile crack-isolation and waterproofing solutions, emphasizing the importance of protective membranes for tile and stone installations. This development reflects the growing demand for advanced waterproofing products that enhance the durability and longevity of installations. Market players can adapt to this shift by investing in specialized, high-performance solutions that meet the increasing requirements for tile and stone installation protection across various construction sectors. 

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Key Vendors

·        Soprema Group

·        Sika

·        Carlisle Construction Materials

·        Elevate

·        Dow

·        Saint-Gobain

·        Henkel

·        MAPEI

·        GAF

·        Fosroc

·        Asian Paints

·        Concrete Waterproofing Systems

·        Pidilite Industries

·        Johns Manville

·        BASF

·        Kemper System

·        Bauder

·        CICO Technologies

·        Alchimica

·        RPM International

·        ISOMAT

·        Danrae Group

·        IWL India

·        Derbigum

·        KÖSTER

·        Xypex Chemical Corporation

·        Berger Paints

·        Henkel Polybit Industries

·        Kryton International

·        Schomburg

·        3M

·        Copernit

·        Aisa Mortar

·        KCC Corporation

·        Covestro

·        Bostik

·        Elmich

·        GMCI

Segmentation & Forecasts

Product Type

·        Liquid Applied Membrane (LAM)

·        Sheet-Based Membrane

Raw Materials

·        Modified Bitumen

·        Polyvinyl Chloride (PVC)

·        Ethylene Propylene Diene Monomer (EPDM)

·        Others

Application

·        Roofing

·        Underground Constructions

·        Walls

·        Others

Construction Outlook

·        New Construction

·        Refurbishment

Geography

North America

·        The US

·        Canada

Europe

·        Germany

·        The UK

·        France

·        Italy

·        Spain

APAC

·        China

·        India

·        Japan

·        South Korea

·        Australia

Latin America

·        Brazil

·        Mexico

·        Argentina

Middle East & Africa

·        Turkey

·        Saudi Arabia

·        South Africa

·        The UAE  

Key Questions Answered in the Report:   

How big is the global waterproofing market?

Which product type has the largest share in the global waterproofing market?

Which application provides more business opportunities in the global waterproofing market?

What are the latest trends in the global waterproofing market?

Who are the key players in the global waterproofing market? 

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