Chemicals Industry Today
Liquid Waterproofing Membrane Market Projected to Reach USD 22.57 Billion by 2035 with an 8.48% CAGR
The Liquid Waterproofing Membrane Market was valued at USD 9.221 Billion in 2024. The industry is expected to expand from USD 10.0 Billion in 2025 to USD 22.57 Billion by 2035, registering a CAGR of 8.48% throughout the 2025–2035 forecast period. Liquid waterproofing membranes are applied as a liquid layer that forms a seamless, durable, and flexible barrier to prevent water ingress. Their adoption is growing in commercial, residential, and industrial projects due to their versatility and ease of application. The market encompasses various formulations including acrylic, polyurethane, and bituminous membranes.
Key Drivers of Market Growth:
- Construction Industry Expansion: Rising urbanization and infrastructure development are driving demand for waterproofing solutions.
- Environmental Regulations: Growing focus on water conservation and sustainability encourages use of advanced waterproofing membranes.
- Durability and Cost Efficiency: Long-lasting performance and reduced maintenance costs attract builders and contractors.
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Types of Membrane Materials:
- Acrylic-based Membranes: Flexible and UV resistant.
- Polyurethane Membranes: High chemical and mechanical resistance.
- Bituminous Membranes: Traditional solution with strong adhesion properties.
Regional Insights:
Asia-Pacific dominates due to extensive residential and commercial construction projects. North America and Europe also show steady growth due to infrastructure upgrades and renovations. Middle East & Africa see growth in industrial and commercial sectors.
Major Players
Sika AG (CH), BASF SE (DE), GAF Materials Corporation (US), Henry Company (US), Kemper System America, Inc. (US), Mapei S.p.A. (IT), Noxudol (SE), Soprema Inc. (CA), Tremco Incorporated (US)
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Future Outlook:
The market is expected to grow steadily with innovations in eco-friendly and high-performance liquid membranes. Integration with green building certifications will further drive adoption.
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