Waterproofing Coatings Market is Forecasted to Reach US$ 14.8 Billion in 2028, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global waterproofing coatings 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 2028: US$ 14.8 billion

Growth (CAGR): 4.3% during 2023-2028

Leading Material Type: Acrylic

Leading Construction Type: Repair & Renovation

Leading Application Type: Roofing & Walls

Leading Region: Asia-Pacific

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Waterproofing Coatings Market:

The global waterproofing coatings market is segmented based on material type, construction type, application type, and region.

Based on material type - The waterproofing coatings market is segmented as Bitumen, PU, Cementitious, Acrylic, Silicone, and Others. Acrylic holds supremacy in the waterproofing coatings market driven by their excellent adhesion, flexibility, and durability, making them suitable for a wide range of applications such as roofs, balconies, concrete structures, and walls. Acrylic waterproofing coatings are known for their resistance to UV radiation and weathering and their ability to accommodate structural movements. They are popular due to their ease of application and their ability to provide reliable waterproofing solutions for various construction and maintenance projects.

Based on construction type – The market is segmented as new construction, and repair & renovation. Repair & Renovation is estimated to maintain dominance during the forecast period driven by the growing need for structural repairs. North America and Europe are the biggest markets for waterproofing coatings for repair & remodeling.

Based on application type – The market is segmented into roof & walls, building structures, industrial, water & wastewater management, tunnels, and others. The dominance of the roof and walls segment in the market can be attributed to the widespread utilization of these coatings in both flat and pitched roof applications. The popularity of coatings in this segment is driven by several factors, including their ease of application, compatibility with various roofing substrates, and favorable cost-to-performance ratio.

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

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific region is anticipated to retain its position as the largest market for waterproofing throughout the forecast period. This growth outlook is majorly attributed to the following–

-         The region is expected to experience the highest growth rate in the upcoming years, driven by factors such as rapid urbanization, infrastructure development, and increasing construction activities.

-         With a growing focus on quality construction and the need for effective waterproofing solutions, the region presents significant opportunities for market growth.

Waterproofing Coatings Market Drivers:

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

• Rapid Urbanization and Infrastructure Development.
• Growing inclination towards durable structures.
• Increased understanding of structural issues caused by water seepage, among the common populace.

Top Companies in the Waterproofing Coatings Market:

Stratview Research has identified the following companies as the top market players.

• Oriental Yuhong
• Sika AG
• Dow Inc.
• MBCC Group
• Saint-Gobain
• Carlisle Companies, Inc.
• RPM International Inc.

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:

-         Roof Waterproofing Market

-         Waterproofing Market

About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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