Waterproofing system market is anticipated to grow at a CAGR of 6.2% during the forecast period. The market is driven by the rising demand for cost-effective and efficient waterproofing systems from the building and construction industries. Waterproofing systems offer several benefits, including protection from UV radiation, chemical resistance, heat resistance, and waterproofing during the rainy season that extends the life span of a structure.
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A waterproofing membrane is a very thin layer of water-tight material that is placed on a surface to restrict the water to pass through it. It is widely adopted in the construction of buildings or existing infrastructures. For instance, the waterproofing membrane can be structured above the structural slab and below the tiles in a flat terrace. Waterproofing membranes inhibit water penetrations and ensure that water does not penetrate the structural slab. As per the report of the US Census Bureau 2021, the total construction spending reached $1,591.6 billion which was $1,469.1 billion in 2020. The growing expenditure on building & construction activities across the globe is a key factor contributing to the growth of the global waterproofing system market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Waterproofing Systems Market, By Type
- Waterproofing Membranes
- Waterproofing Chemicals
- Integral Systems
Global Waterproofing Systems Market, By Application
- Building Structure
- Roofing & Walls
- Roadways
- Waste & Water Management
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Carlisle Companies & Waterproofing
- CHRYSO S.A.S.
- Dow Chemical Co.
- Firestone Building Products Co., LLC
- Flex Membrane International Corp.
- GAF Materials, LLC
- Johns Manville Corp. (A Berkshire Hathaway Inc. Company)
- Juta, Ltd.
- Laiwu Starring Trading Co., Ltd.
- Renolit SE
- Schluter-Systems, Ltd.
- R. Grace and Co.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global waterproofing system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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