Waterproofing Membrane Market Share, 2034 Statistics Report

1. Waterproofing Membrane Market Share, 2034 Statistics Report

2. Industry Overview • The global Waterproofing Membrane Market was estimated at USD 34 billion in 2024 and is expected to grow from USD 35.5 billion in 2025 to USD 63.3 billion by 2034, at a CAGR of 6.7%, according to the report published by Global Market Insights Inc. • The global surge in construction activity in rapidly urbanizing regions across Asia, Latin America, and parts of Africa is boosting demand for waterproofing membranes. As governments and private sectors invest heavily in infrastructure, housing, commercial buildings, and industrial facilities, there is a growing emphasis on long-term structural durability and moisture protection. • The sheet-applied membrane segment held a notable share in 2024, driven by its reliability and ease of installation. These membranes, often made from modified bitumen or thermoplastics, provide consistent thickness and excellent resistance to water infiltration, making them popular in commercial and residential construction. Building owners and contractors favor this segment because it offers predictable performance, durability, and compatibility with various substrates. • The roofing segment generated a significant share in 2024, fueled by new construction and roof replacement projects. Roofs are exposed to harsh weather conditions, making robust waterproofing essential to prevent leaks and structural damage. The adoption of green roofs and cool roofing solutions has also increased the need for advanced membrane technologies that combine waterproofing with thermal insulation.

3. Continue… • The indirect segment is expected to grow at a decent CAGR during 2025-2034, driven by applications such as tunnels, bridges, and underground structures. They require highly specialized waterproofing membranes to withstand extreme pressure and environmental stress. This segment is characterized by the need for membranes with superior mechanical strength, chemical resistance, and longevity. Growth in urban infrastructure projects and public transportation networks is significantly boosting the demand. • Asia Pacific waterproofing membrane market will generate substantial revenues by 2034, driven by extensive urbanization and large-scale infrastructure projects in countries like China, India, and Southeast Asia. Increased government spending on affordable housing, commercial complexes, and transportation infrastructure is creating substantial demand for high-performance waterproofing solutions. The region's diverse climate, ranging from tropical humidity to extreme monsoons, emphasizes the need for versatile membranes capable of adapting to varying environmental conditions. • Major players in the waterproofing membrane market are Pidilite Industries, Dow, Danrae Group, Kemper System, Asian Paints, Fosroc, Derbigum International, Bauder, BASF, Sika, Xypex Chemical, Maris Polymers, Alchimica Building Chemicals, Koster Bauchemie, and GAF Materials. • Companies in the waterproofing membrane market are adopting several strategies to strengthen their market foothold.

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5. Waterproofing Membrane Market

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