According to Fortune Business Insights the global waterproofing membrane market size was valued at USD 30.74 billion in 2024. The market is projected to grow from USD 32.43 billion in 2025 to USD 47.71 billion by 2032 at a CAGR of 5.7% during the forecast period of 2025-2032. A waterproofing membrane is a protective layer used in construction to prevent water infiltration in roofs, foundations, and other structures. As focus on building safety, sustainability, and health grows, demand for high-quality membranes is rising.

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Segmentations:

Urgent Need to Protect Roofs from Rainwater will Drive the Roofing Segment

Based on applications, the market is categorized into roofing, walls, building structures, landfills & tunnels, and others. Out of these, the roofing segment procured the largest waterproofing membrane market share in 2020. The rising need to protect roofs from atmospheric moisture and rainwater is set to accelerate this segment in the near future. Also, the increasing number of residential construction activities in Asia Pacific would contribute to this growth.

Report Coverage:

The report studies decisive segments of this market containing regions, end-users, technologies, types, and applications. It elaborates the performance and significance of each of the segments by considering sales volume, growth prospects, revenue share, and demand. In addition to this, it will help our clients to accurately determine the size of the waterproofing membrane industry to guide them in choosing the right segment for their business growth.

Drivers & Restraints:

Rising Demand for Residential Spaces in Developing Nations to Aid Growth

The high demand for residential spaces, especially in developing countries, on account of the surging population is expected to spur the demand for these membranes in the upcoming years. Also, governments of these countries are constantly taking initiatives to provide the Economically Weaker Section (EWS) with good housing. For instance, India’s Union Housing and Urban Affairs Ministry announced in January 2021 that it approved the construction of more than 168,000 houses under the Pradhan Mantri Awas Yojana (PMAY) in urban areas. However, these membranes contain solvents, diluents, and other additives that often release toxic fumes and VOCs. It may obstruct the waterproofing membrane market growth.

Regional Insights:

Increasing Population in Urban Areas to Spur Demand for Robust Infrastructure in Asia Pacific

• Asia Pacific held USD 10.56 billion in 2020 in terms of revenue. It is set to remain at the forefront because of the increasing demand for water treatment infrastructure as the population is rising in urban areas.
• In Latin America, the surging investments by governments in infrastructural projects would bolster the demand for these membranes.
• The increasing number of construction activities is set to propel growth in North America. In June 2021, for instance, Ethos Development started constructing multi-family housing in Oregon, U.S. It is set to be a five-story building called brookLAND and contains 166 apartments.

Competitive Landscape:

Key Companies Aim to Fulfil Unmet Demand by Introducing Novel Solutions

The global market houses several reputed manufacturers of waterproofing membrane that are currently striving to keep up with the high demand for the product from the expanding building and construction sector. Also, the emergence of green buildings is set to drive its demand. Some of the others are focusing on the acquisition strategy to compete with prominent firms. Below is one of the crucial industry developments:

List of the Key Players in the Waterproofing Membrane Market: