North American Waterproofing Membrane Market is Forecasted to Reach US$ 11.6 Billion in 2030, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global North American waterproofing membrane market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2024: US$ 8.0 billion

Market Size in 2030: US$ 11.6 billion

Growth (CAGR): 6.2% during 2024-2030

Leading Membrane Type: Sheet Membrane

Leading Product Type: TPO

Leading Application Type: Roofing

Leading End-Use Type: Non-Residential

Leading Construction Type: Renovation

Leading Region: The USA

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 6

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the North American Waterproofing Membrane Market:

The global North American waterproofing membrane market is segmented based on membrane type, product type, application type, end-use type, construction type, and country.

Based on membrane type - The North American waterproofing membrane market is segmented into sheet membrane and liquid-applied membrane. Sheet membranes will continue to dominate the market throughout the forecast period due to their superior durability, making them the preferred choice for large-scale non-residential projects. Meanwhile, liquid-applied membranes are experiencing faster growth, driven by adaptability to complex structures. The market is becoming more efficient as both segments align with evolving sustainability standards and the adoption of cool roofing technologies.

Based on the product type – The North American waterproofing membrane market is segmented into bitumen, PVC, TPO, acrylic, polyurea, polyurethane, and other product types. TPO remains the dominant sheet membrane product in North America and is expected to retain its position in the coming years. They offer superior UV resistance, energy efficiency through high reflectivity (helping meet cool roofing standards), and are lightweight yet durable, making them ideal for commercial roofing applications. In addition, TPO is environmentally friendly and fully recyclable, aligning with growing sustainability trends. With continued growth in commercial construction and increasing adoption of energy-efficient building materials, TPO is well-positioned to maintain its dominance in the North American market.

Based on application type - The market is segmented into roofing, foundation & below grade, water-retaining structures, infrastructure, and other application types. Roofing will remain the dominant and fastest-growing application, driven by rising construction spending, home improvement projects, and infrastructure renovations. Increasing demand for energy-efficient roofs, durable waterproofing solutions, along with strict building codes, further accelerates market growth of roofing applications through 2030.

Based on the end-use type – The market is segmented into residential, non-residential, and public infrastructure. The non-residential category is projected to dominate and register the highest growth. Rising investments in commercial buildings, industrial facilities, and office spaces are driving demand in the non-residential segment. Urbanization, economic diversification, and the expansion of sectors such as healthcare, education, retail, and hospitality are further fueling the growth of this category. Additionally, stricter building codes and an increased focus on durability and waterproofing performance in large-scale structures contribute to the dominance and rapid growth of this category.

Based on the construction type – The market is segmented into new construction and renovation. The renovation market will sustain steady demand, driven by an aging infrastructure and the growing emphasis on sustainable building practices. Additionally, new construction projects will further support market expansion, particularly in commercial and residential segments.

To know the most attractive segments, click here for a free sample of the report:

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Which Country Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that The USA is expected to remain the most valuable market during the forecast year. This growth outlook is majorly attributed to the following–

-         An aging infrastructure and rising housing demand, ensuring sustained growth at a strong pace in the coming years.

-         The country has a well-established construction industry with consistent investments in residential, commercial, and infrastructure projects. Strong building codes, a growing demand for energy-efficient and durable materials, and frequent renovation activities further drive the market.

-         Additionally, the presence of major membrane manufacturers and ongoing mega-infrastructure developments support the USA’s continued dominance in the region. Canada is also poised for expansion, supported by increasing construction spending and residential demand.

North American Waterproofing Membrane Market Drivers:

Some of the key drivers listed in the report are given below.

• Growing housing demand
• Increasing renovation needs in residential and commercial industries
• Rising adoption of cool roofs

Top Companies in the North American Waterproofing Membrane Market:

The market is highly fragmented, with over 50 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players.

• Carlisle Companies Inc.
• RPM International
• Sika AG
• Holcim Group
• Saint-Gobain
• H.B. Fuller
• Mapei S.p.A.
• Oriental Yuhong Waterproofing Technology
• Kemper System America, Inc.
• Soprema Group
• Standard Industries

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-         Waterproofing Membrane Market

-         US Waterproofing Membrane Market

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