Global Waterproofing Chemicals Market is Anticipated to grow at a Significant Pace during the Forecast Period 2023-2030 and Cross USD 79.00 Billion by 2030

Published Date: Dec, 2023

The Global Waterproofing Chemicals Market was USD 34.10 billion in 2023 and is expected reach USD 79.00 billion by 2030 with a CAGR of 12.52% during the forecast period, i.e., 2025-2030. Waterproofing chemicals are specialized substances applied to surfaces during construction or maintenance to create a protective barrier against water penetration. These chemicals come in various forms such as coatings, membranes, or additives. Their primary purpose is to enhance the resilience of structures by preventing water damage, which can include issues like dampness, mold, and corrosion. Waterproofing chemicals play a crucial role in safeguarding buildings, ensuring longevity, and minimizing the need for costly repairs caused by water-related issues.

The demand for waterproofing chemicals is driven by escalating construction activities, climate change-induced weather extremes, and a heightened awareness of the need to protect structures from water damage. The growing emphasis on sustainable building practices and increased infrastructure development further fuels the demand for waterproofing solutions. These factors, coupled with a surge in urbanization and the desire for resilient and long-lasting structures, contribute to the rising need for effective waterproofing chemicals in the construction industry.

Stringent environmental regulations impacting formulations, economic uncertainties affecting construction investments, and regional variations in construction practices pose challenges for the growth of the waterproofing chemicals market. Meeting diverse standards while maintaining product effectiveness and cost efficiency is crucial.

In May 2023, Sika, a prominent player in the global waterproofing chemicals market, successfully concluded its acquisition of Germany's MBCC after obtaining necessary regulatory approvals from the European Commission. To address competition concerns, Sika agreed to divest MBCC's chemical admixture business in specific markets, as specified by the European Commission. The acquired business, with 2023 sales of CHF 2.1 billion, a workforce of 6,200, and a presence in over 60 countries with 95 production facilities, strengthens Sika's global position in the chemicals and construction industry.

Browse 75 market data Tables and 45 Figures spread through 226 Pages and in-depth TOC on "Waterproofing Chemicals Market, by Material (Bitumen, Polyvinyl Chloride (PVC), Thermoplastic Polyolefin (TPO), Ethylene Propylene Diene Terpolymer (EPDM), Polytetrafluoroethylene (PTFE), and Other Materials), by Technology (Integral Systems, Preformed Membranes, Liquid Applied Membrane Systems, and Other Technology), by Application (Roofing & Wall, Floor & Basement, Water & Waste Management, Tunnel & Landfills, Bridge & Highways, and Other Applications), by End-Use Industry (Commercial, Residential, and Industrial Infrastructure Development.), and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Global Forecast to 2030

Global Waterproofing Chemicals Market Segmentation and Key Players

Segment

Categorization

Material

Bitumen, Polyvinyl Chloride (PVC), Thermoplastic Polyolefin (TPO), Ethylene Propylene Diene Terpolymer (EPDM), Polytetrafluoroethylene (PTFE), and Other Materials.

Technology

Integral Systems, Preformed Membranes, Liquid Applied Membrane Systems, and Other Technology.

Application

Roofing & Wall, Floor & Basement, Water & Waste Management, Tunnel & Landfills, Bridge & Highways, and Other Applications

End-use Industry

Commercial, Residential, Industrial Infrastructure Development

By material, thermoplastic polyolefin (TPO) dominate the global waterproofing chemicals market.

Based on material, the global waterproofing chemicals market is segmented into bitumen, polyvinyl chloride (PVC), thermoplastic polyolefin (TPO), ethylene propylene diene terpolymer (EPDM), polytetrafluoroethylene (PTFE), and other materials. Thermoplastic polyolefin (TPO) dominated the global waterproofing chemicals market in 2023 due to its versatility and eco-friendly attributes. A recent example reinforcing TPO's prominence is the significant investment by Carlisle Companies Inc. in June 2023 to expand TPO manufacturing capacity. This expansion aligns with the growing demand for TPO roofing membranes. Additionally, TPO's adaptability, coupled with strategic investments and collaborations, exemplifies its continued dominance in the evolving landscape of waterproofing chemicals.

“The Asia-Pacific (APAC) is expected to register the fastest CAGR during the forecast period in the global waterproofing chemicals market.”

The Asia-Pacific is expected to registered the highest CAGR the global waterproofing chemicals market owing to major investments and developments, such as Sika's establishment of a new factory in Chengdu-Chongqing, China, in September 2023, indicating the region's growing demand for construction solutions. The expansion of Pidilite Industries Ltd.'s waterproofing product line in India, announced in October 2023, also underscores the market's momentum in the Asia-Pacific. These strategic moves reflect the region's burgeoning construction activities and increasing awareness of waterproofing measures, forecasting robust growth in the waterproofing chemicals market.

Some of the major players in the global waterproofing chemicals market include Sika AG, BASF SE, RPM International Inc., Carlisle Companies Inc., Dow Inc., W. R. Grace & Co., Mapei S.p.A., Pidilite Industries Ltd., Fosroc International Ltd., Johns Manville Corporation, GCP Applied Technologies Inc., Henkel AG & Co. KGaA, Tremco Incorporated, GAF Materials Corporation, and Drizoro S.A.U.

Global Waterproofing Chemicals Market Coverage (By Value)

  • Material Insight and Forecast 2025-2030

  • Bitumen

  • Polyvinyl chloride (PVC)

  • Thermoplastic polyolefin (TPO)

  • Ethylene propylene diene terpolymer (EPDM)

  • Polytetrafluoroethylene (PTFE)

  • Other products

  • Technology Insight and Forecast 2025-2030

  • Integral systems

  • Preformed membranes

  • Liquid applied membrane systems

  • Other technology

  • Application Insight and Forecast 2025-2030

  • Roofing & wall

  • Floor & basement

  • Water & waste management

  • Tunnel & landfills

  • Bridge & highways

  • Other applications

  • End-Use Industry Insight and Forecast 2025-2030

  • Commercial

  • Residential

  • Industrial infrastructure development

Geographical Segmentation

Global Waterproofing Chemicals Market by Region

  • North America

  • By Material

  • By Technology

  • By Application

  • By End-use Industry

  • By Country – U.S., Canada, and Mexico

  • Europe

  • By Material

  • By Technology

  • By Application

  • By End-use Industry

  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

  • Asia-Pacific (APAC)

  • By Material

  • By Technology

  • By Application

  • By End-use Industry

  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

  • South America

  • By Material

  • By Technology

  • By Application

  • By End-use Industry

  • By Country – Argentina, Brazil, Chile, and Rest of South America

  • Middle East and Africa

  • By Material

  • By Technology

  • By Application

  • By End-use Industry

  • By Country – Saudi Arabia, U.A.E, South Africa, and Rest of Middle East and Africa