Research Reports
Waterproofing Membranes Market to Surpass US$ 48,148.2 Million by 2027
Published by Coherent Market Insights
Posted on September 17, 2021
3 min readLast updated: February 5, 2026
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Published by Coherent Market Insights
Posted on September 17, 2021
3 min readLast updated: February 5, 2026
The waterproofing membranes market is projected to reach US$ 48,148.2 Mn by 2027, driven by demand from construction and mining sectors.
Waterproofing membranes market is gaining traction due to increasing demand for waterproofing membranes from end-use industries such as construction and mining. Moreover, waterproofing membranes is segmented into various categories such liquid applied membranes and sheet-based membranes.
Statistics:
The waterproofing membranes market was valued at US$ 22,838.7 Mn in 2018 and is expected to reach US$ 48,148.2 Mn by the end of 2027 and is expected to exhibit a CAGR of 8.7% during the forecast period (2019 to 2027).
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Drivers:
The increasing demand for waterproofing membranes from various end-use industries such as construction and mining are expected to drive growth of the global waterproofing membranes market. The waterproofing membrane is used in various applications such as construction, mining, building, and roofing. For instance, according to the report published by the European Commission in June 2018 titled ‘European Construction Sector Observatory’, the construction of residential building is rising since 2014 with 379,000 dwellings got authorization for construction in 2014, and 396,900, 453,200, and 497,000 in 2015, 2016, and 2017, respectively in France.
Market Opportunities
Key players are focusing on new product launches in the waterproofing membranes to gain market opportunity in the waterproofing membranes at global level. For instance, in 2019, Carlisle Companies Inc. launched the new BarriBond XL liquid flashing and detail sealant. The new product is expected to solve problems caused due to shortage of polyether polymer and it can also be a substitute for polyether polymers for all applications. This is expected to boost consumer demand and help the company in increasing its customer base.
Market Trends/Key Takeaways
Key players are adopting in-organic growth strategies such product development, among others, in order to expand their portfolio and market share in the global waterproofing membranes market. For instance, in 2018, Supreme Industries Limited, a processor of plastic based in India, launched a new waterproofing membrane called ‘DURAmembrane’ which is a durable, lightweight, and cost-effective solution specially designed for the waterproofing and construction chemicals industries. DURAmembrane is a cost effective solution for waterproofing roofs, basements, terraces, gardens, and bathrooms. Moreover, it is resistant to alkali, salts, and acids. This product was launched to tackle problems associated with leakage in factories and commercial spaces, as a quick and easy-to-apply system ensuring maximum productivity.
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Recent Developments
GCP Applied Technologies
Sika Group
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The post Waterproofing Membranes Market to Surpass US$ 48,148.2 Million by 2027 appeared first on Gatorledger.
The article discusses the growth of the waterproofing membranes market, expected to surpass US$ 48,148.2 Mn by 2027.
The increasing demand from construction and mining industries is a key driver of market growth.
Recent developments include product launches and acquisitions by key players to expand market share.
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