Waterproofing Membranes Market Size Worth USD 61.69 Billion by 2034 | CAGR: 8.8%

The global waterproofing membranes market size is expected to reach USD 61.69 billion by 2034, according to a new study by Polaris Market Research. The report “Global Waterproofing Membranes Market Size, Share, Trends, Industry Analysis Report: By Product (Liquid Applied Membranes and Sheet Membranes), Application, Construction, and Region; Market Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The waterproofing membranes market involves the production and application of materials that prevent water penetration in structures. These membranes protect buildings, roads, and infrastructure from water damage, ensuring durability and safety.  The waterproofing membranes market is growing rapidly due to increased demand across sectors such as wastewater management, construction, and infrastructure. These membranes are essential for protecting water treatment facilities, wet areas, tunnels, and building foundations. Innovations in technologies including nanotechnology and crystalline waterproofing are improving water resistance and durability, opening up new applications. Additionally, the market is being driven by the rising adoption of eco-friendly practices such as green buildings, green roofs, and sustainable water management solutions, further boosting demand for high-performance waterproofing membranes.

The rapid growth of urbanization is driving the waterproofing membranes market. More people are moving to cities, increasing the demand for new residential, commercial, and industrial buildings. These structures require effective waterproofing solutions to protect them from water damage, especially in regions with harsh weather conditions. Waterproofing membranes safeguard roofs, foundations, and walls from moisture, ensuring the longevity and durability of buildings. This growing urbanization trend is fueling the demand for high-performance waterproofing membranes.

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Countries worldwide are investing heavily in infrastructure projects, such as roads, bridges, airports, railways, hospitals, and tunnels, which is driving the demand for waterproofing membranes. For instance, Brazil announced a USD 56 billion investment through private-sector partnerships, while India plans to allocate USD 75 billion for infrastructure development. These large-scale projects require high-quality waterproofing solutions to improve the durability and longevity of buildings and infrastructure, significantly boosting the demand for reliable waterproofing membranes.

Waterproofing Membrane Market Report Highlights

• The liquid applied waterproofing membrane category dominated the market in 2024 due to superior attributes, uniform thickness, ease of application, and exceptional water resistance.
• The roofing segment had the largest market share due to the growing demand for durable and reliable waterproofing solutions in residential, commercial, and industrial buildings.
• In 2024, Asia Pacific dominated the global market due to rapid urbanization and increased investment in infrastructure.
• North America is experiencing significant growth in the global market due to the increasing number of commercial and residential buildings.
• Major players in the waterproofing membranes market, including Bayer MaterialScience AG, Isomat S.A., Saint-Gobain Weber GmbH, Maris Polymers, Alchimica Building Chemicals, CICO Technologies Ltd., Fosroc Ltd., GAF Materials Corporation, DuPont, Dow Chemical Company, Kemper System America, Inc., Paul Bauder GmbH & Co. KG, BASF SE, Pidilite Industries Ltd., and Sika AG.

Polaris Market Research has segmented the waterproofing membrane market report based on product, application, construction, and region:

By Product Outlook (Volume, Million Square Meter, Revenue USD Billion, 2020–2034)

•  Liquid Applied Membranes
  • Cementitious
  • Bituminous
  • Polyethylene
  • Acrylic
  • PMMA
  • Elastomeric
• Sheet Membranes
  • Bituminous
  • Polyvinyl Chloride (PVC)
  • Ethylene Propylene Diene Monomer (EPDM)
  • Others

By Application Outlook (Volume, Million Square Meter, Revenue USD Billion, 2020–2034)

• Roofing
• Walls
• Building Structures
• Landfills & Tunnels
• Others

By Construction Outlook (Volume, Million Square Meter, Revenue USD Billion, 2020–2034)

• New Construction
• Refurbishment

By Regional Outlook (Volume, Million Square Meter, Revenue USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Waterproofing Membranes Report Scope