Waterproofing Products Market By Product Type (Waterproof Paints, Polymer Waterproof Sheets, Rigid Waterproof Materials, Asphalt Waterproof Rolls, Building Seal Waterproof Materials, Others), By Application (Roofing and Walls, Floors and Basements, Bridge

Waterproofing Products Market By Product Type (Waterproof Paints, Polymer Waterproof Sheets, Rigid Waterproof Materials, Asphalt Waterproof Rolls, Building Seal Waterproof Materials, Others), By Application (Roofing and Walls, Floors and Basements, Bridges and Highways, Water and Waste Management, Tunnel Liners, Others): Global Opportunity Analysis and Industry Forecast, 2023-2033

The global waterproofing products market was valued at $42.5 billion in 2019 and is projected to reach $66.1 billion by 2033, growing at a CAGR of 3.8% from 2023 to 2033.

Waterproofing is the process of making an object or structure watertight or water-resistant so that it is relatively unaffected by water or resists the infiltration of water under specific conditions. These products can be utilized in damp settings or at specific depths underwater. Water-resistant and waterproof often refer to resistance to liquid water penetration, potentially under pressure, whereas dampproof refers to resistance to humidity or dampness. The rate of water vapor transmission through a substance or structure is referred to as the moisture vapor transmission rate (MVTR).

Numerous bridges globally are in dire need of repair. According to the n Infrastructure Report Card 2021, the U.S. has 614,387 bridges, of which about 40% are 50 years or older and approaching the end of their authorized service life. In snowy climates, deicing salts are widely used to remedy hazardous circumstances. Chloride ions from deicing salts can pass through permeable concrete structures with water and begin to damage the steel beneath. This attack's corrosion not only weakens the steel but can also contribute to the spalling of the surrounding concrete. This causes the bridge's load-bearing capability and riding surface quality to deteriorate.

On the bridge, waterproofing membranes prevent water from penetrating the structure's components. The waterproofing membrane is a thin, impermeable layer used in conjunction with an asphalt overlay (as the riding surface) to protect the bridge's underlying structure. Elastomeric waterproofing membranes are designed to provide longer protection, with the asphalt overlay serving as a sacrificial surface that may be removed and replaced several times so long as the underlying membrane system is protected. Therefore, waterproof membranes contribute to the preservation of the bridge's integrity.

Tunnels and other buried underground structures are susceptible to seepage water through the soil above them. Due to the increase in demand for infrastructure and transportation globally, the landfills & tunnel liners industry is anticipated develop at a stable rate during the forecast period. LDPE and HDPE are the most prevalent tunnel-lining waterproofing membranes. It is required to put waterproof membranes in tunnels to extend their lifespan and ensure their ongoing, secure use.

Usage of waterproofing products, such as membranes and chemicals, causes environmental and health problems. When employed in spray form, waterproofing membranes can be hazardous to the user and workers in the vicinity. These chemicals may contain fluorinated compounds, which, when inhaled, can lead to chemical pneumonitis, lung damage, and other respiratory issues. Similarly, the application of bitumen-based membranes might expose employees to hazardous fumes. Long-term exposure to these fumes may cause health problems such as bronchitis and nasal discomfort. In addition, personnel with longer tenures have demonstrated increase in nasal and pharyngeal complaints. Solvents, diluents, and other waterproofing membranes can harm the environment by emitting harmful gases and volatile organic compounds. However, these issues can be avoided using respirators, protective equipment, and eco-friendly solutions. Thus, the environmental and health risks associated with waterproofing products is expected to hamper the demand for waterproofing products during the forecast period.

The growing emphasis on sustainable urban development has sparked increased interest in green roofs, presenting a significant opportunity for the waterproofing products market. Green roofs, characterized by vegetation cover, offer numerous environmental benefits, such as improved energy efficiency, reduced urban heat island effect, and enhanced stormwater management. As the adoption of green roofs gains momentum, the demand for effective waterproofing solutions becomes important to prevent water infiltration and structural damage.

The waterproofing products market stands to benefit from this trend, as these roofs necessitate specialized materials to ensure durability and leak prevention. Green roof installations require waterproof membranes, coatings, and sealants to protect buildings from water ingress and provide a reliable barrier against the elements. As awareness of the ecological advantages of green roofs continues to rise, architects, builders, and urban planners are likely to prioritize waterproofing solutions in their projects, thereby fueling the demand for quality waterproofing products. This trend not only addresses environmental concerns but also represents a lucrative avenue for the waterproofing industry, driving innovation and promoting sustainability in construction practices.

The global waterproofing products market is segmented into product type, application, and region. By product type, the market is divided into waterproof paints, polymer waterproof sheets, rigid waterproof materials, asphalt waterproof rolls, building seal waterproof materials and others. By application, it is categorized into roofing and walls, floors and basements, water and waste management, tunnel liners, bridges and highways, and others. region-wise, the market is studied across North America, Europe, Asia-Pacific, South America, and Middle East and Africa.

The major players operating in the global waterproofing products market are BASF SE, Sika AG, Carlisle Companies Inc., RPM International Inc., GCP Applied Technologies Inc., HOLCIM, Soprema Group, GAF, Henry Company, and The Dow Chemical Company. Other players operating in the market are Saint-Gobain Weber GmbH, Fosroc Ltd., Maris Polymers, Pidilite Industries Ltd., and Bayer Material Science AG.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the waterproofing products market analysis from 2019 to 2033 to identify the prevailing waterproofing products market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the waterproofing products market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global waterproofing products market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type

Waterproof Paints
Polymer Waterproof Sheets
Rigid Waterproof Materials
Asphalt Waterproof Rolls
Building Seal Waterproof Materials
Others

By Application

Roofing and Walls
Floors and Basements
Bridges and Highways
Water and Waste Management
Tunnel Liners
Others

By Region

North America
U.S.
Mexico
Canada
Europe
Germany
France
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Indonesia
Vietnam
Rest of Asia-Pacific
South America
Brazil
Argentina
Chile
Rest Of South America
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East And Africa
Key Market Players
Sika AG
Carlisle Companies Inc.
GCP Applied Technologies Inc.
RPM International Inc.
Henry Company
GAF.
Soprema
HOLCIM
BASF SE
Dow

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