Canada Waterproofing Membranes Market Overview, 2029

Canada Waterproofing Membranes Market Overview, 2029

The Canadian market for waterproofing membranes is a crucial component of the building sector and is influenced by a number of variables, including the country's climate, the growth of its infrastructure, and urbanization. The market for waterproofing membranes in Canada has been steadily expanding as a result of an increase in infrastructure projects, as well as increased building activity in the residential and commercial sectors. The requirement for waterproofing solutions is nationwide and is influenced by factors including population increase, urbanization trends, and the necessity of infrastructure upgrades. Growing awareness among homeowners, developers, and builders of the value of waterproofing to shield buildings from moisture damage is another factor contributing to the market's expansion. Canada’s varied environment, which includes hot, muggy summers and frigid, icy winters, presents particular difficulties for waterproofing materials. The endurance of waterproofing membranes is crucial for builders and contractors, as they must be capable of withstanding temperature swings, freeze-thaw cycles, intense precipitation, and snow loads. Canada’s building rules and regulations require waterproofing membranes to be used in certain applications in order to achieve performance and safety criteria. Adherence to building rules guarantees that structures are sufficiently shielded against moisture-related damage and water intrusion, hence reducing hazards to both the environment and its inhabitants. Both domestic producers and foreign providers with a broad variety of goods and services cater to the Canadian waterproofing membrane market. To guarantee correct waterproofing system installation and performance, these businesses provide contractors, architects, and engineer technical assistance, training, and product warranties. The Canadian market for waterproofing membranes is expanding steadily due to factors including building activity, climate change, legal requirements, and the demand for dependable and long-lasting waterproofing solutions to shield buildings from moisture damage.

According to the research report “Canada Waterproofing Membranes Market Overview, 2029,"" published by Bonafide Research, the Canada Waterproofing Membranes market is expected to reach a market size of more than USD 0.25 Billion by 2029. Several factors contribute to the Canadian waterproofing membrane market's expansion. The market's size expanding on its own is one indicator of growth. The growth in waterproofing membrane manufacturers' and suppliers' revenue and sales volume is indicative of this expansion. The market size for waterproofing solutions is expected to increase due to factors such as growing building activities, infrastructure development, and urbanization. Technology advances are the primary driver of growth in the waterproofing membranes market. Improved performance features including increased flexibility, durability, and resistance to environmental influences are among the features that manufacturers are always coming up with. New goods and systems that provide better answers for certain applications and difficulties are also brought about by technological developments. Demand from a variety of end-use industries, including infrastructural, commercial, industrial, and residential, is rising, which is indicative of growth. For instance, whereas the commercial sector needs waterproofing solutions for buildings, parking structures, and plaza decks, the residential sector drives demand for waterproofing membranes in applications including roofs, basements, and foundations. The market for waterproofing membranes is expected to increase as a result of the expansion into new sectors and applications. The waterproofing membranes market is growing because of adherence to industry standards, building requirements, and laws. The need for waterproofing solutions is driven by strict regulations for waterproofing in crucial locations such basements, below-grade structures, and foundations. Also, the growing focus on energy efficiency and sustainability might encourage the use of waterproofing membranes with environmentally friendly formulas, which would accelerate market expansion. Geographical expansion is another way that growth is possible, when suppliers and manufacturers establish themselves in new Canadian areas or regions. Through this growth, businesses reach new customers, meet niche requirements in the area, and take advantage of possibilities created by current infrastructure and building projects. Various factors, such as the expansion of the market size, technical developments, demand from end-use sectors, expansion into new applications, regulatory requirements, and regional expansion, are driving the growth of the waterproofing membranes market in Canada.

Essentially, distinguishing between sheet membranes and liquid-applied membranes according to their use is the waterproofing membrane market in Canada. In Canada, liquid applied membranes are becoming more and more well-liked because of their adaptability, simplicity of use, and capacity to offer flawless covering on uneven surfaces. The use of environmentally friendly liquid applied membranes with low volatile organic compound (VOC) compositions is becoming more and more popular; these developments are in line with sustainability objectives in the building sector. In Canada, sheet membranes—which are available in rolls or sheets—are commonly utilized for a variety of purposes, such as wall membranes, below-grade waterproofing, roofing, and waterproofing tunnels and bridges. Bituminous, PVC, EPDM, and TPO membranes are among the several varieties of sheet membranes that are available; each type has particular benefits for certain uses and environmental circumstances. In general, liquid applied membranes and sheet membranes serve a variety of applications and building needs, which helps to fuel the expansion of the waterproofing membranes market in Canada. The decision between sheet membranes and liquid applied membranes is frequently influenced by variables including contractor preferences, site circumstances, performance requirements, and project specifications. It is anticipated that both kinds of membranes will witness continuous development and innovation in the Canadian market as long as construction activity is high and building standards stay the same.

The Canadian market for waterproofing membranes, which is segmented into many product categories such as bitumen, polymers, and polymer-modified cement. Canada is seeing an increase in demand for polymer-based waterproofing membranes because of their excellent qualities, which include flexibility, durability, and weather resistance. In line with sustainability objectives in the building sector, there is a growing trend toward the use of eco-friendly polymer membranes using recyclable components and low volatile organic compound compositions. Polymer membranes are used in a number of industries, such as plaza decks, balconies, green roofs, below-grade waterproofing, and roofing. Cement membranes enhanced with polymers combine the strength and flexibility of cementitious materials with additional flexibility. In this market, producers are always coming up with new ideas to create sophisticated mixes that solve certain problems like quick drying, low application temperatures, and substrate compatibility. In the Canadian waterproofing sector, bituminous waterproofing membranes, which are composed of bitumen and reinforcements like fiberglass or polyester, have a long history. Bitumen membranes are extensively utilized in roofing and below-grade waterproofing for retaining walls, basements, and foundations. These membranes are employed in specialized applications where certain performance attributes are needed, including chemical containment structures, green roofs, and reservoirs.

In Canada, roofing continues to be one of the principal uses for waterproofing membranes due to the distinction made between end-use applications, such as walls, building structures, and tunnels, and specialist uses like landfills. Energy efficiency regulations, the necessity for long-lasting and weather-resistant roofing systems, and growing awareness of the need of adequate waterproofing to stop moisture damage and prolong roof life are all factors propelling expansion in the roofing industry. Producing roofing membranes with superior qualities including increased UV stability, puncture resistance, and compatibility with various roofing materials, manufacturers are always coming up with new ideas. Membranes that provide waterproofing are essential for preventing water intrusion and moisture-related problems in building structures, especially basements and foundations. Waterproofing membranes are used for below-grade waterproofing, such as basement walls, retaining walls, and foundations, in both commercial and residential construction. In order to shield below-grade walls—such as foundation and retaining walls—from hydrostatic pressure and water infiltration, waterproofing membranes are necessary. There are many different types of waterproofing membranes for walls, such as sheet membranes and liquid applied membranes, so designers and architects select solutions that satisfy both functional and cosmetic needs. Waterproofing membranes are employed in specific applications, such tunnels and landfills, to shield infrastructure from water penetration and to stop pollutants from seeping into the soil and groundwater. The waterproofing membranes utilized in tunnels and landfills need to be resilient enough to endure extreme weather, chemical exposure, and mechanical strain.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Water Proofing Membrane market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Application
• Liquid Applied Membranes
• Sheet Membranes

By Product
• Polymers
• Polymer Modified Cement
• Bitumen
• Others

By End-Use
• Roofing
• Building Structures
• Walls
• Landfills & Tunnels

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Water Proofing Membrane industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.