The waterproofing membrane market is expected to experience growth in the coming years, driven by factors such as increasing demand from the construction industry, rising urbanization, and the need for efficient water management systems. Additionally, advancements in technology and the development of new and innovative products are expected to further propel market growth. However, factors such as fluctuating raw material prices and environmental concerns related to the disposal of waterproofing materials may hinder market growth. The increasing adoption of green roofs and the growing popularity of liquid-applied membranes are also expected to create new opportunities for market growth. Key players in the market are focused on product innovation, strategic partnerships, and acquisitions to strengthen their market position and expand their product portfolio.
The global market for Waterproofing Membranes was valued at US$ 28.48 Billion in 2021 witnessing a CAGR of 7.8% over the forecast period (2022 to 2030).
Market Leaders in the Waterproofing Membrane Industry:
1. Carlisle Companies Inc.: Carlisle Companies Inc. is a US-based company that was established in 1917 and operates in the waterproofing membrane market. It offers EPDM, TPO, PVC, and other membrane systems. In 2021, Carlisle Companies Inc. announced the launch of a new waterproofing membrane product called Barritech VP.
2. Chryso S.A.S.: Chryso S.A.S. is a French company that was established in 1942 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and liquid membranes.
3. Copernit S.P.A.: Copernit S.P.A. is an Italian company that was established in 1898 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and PVC membranes.
4. Derbigum: Derbigum is a Belgian company that was established in 1932 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and liquid membranes.
5. DuPont de Nemours, Inc.: DuPont de Nemours, Inc. is a US-based company that was established in 1802 and operates in the waterproofing membrane market. It offers liquid applied and sheet membranes.
6. Firestone Building Products Company, LLC.: Firestone Building Products Company, LLC. is a US-based company that was established in 1980 and operates in the waterproofing membrane market. It offers EPDM, TPO, and other membrane systems.
7. Flex Roofing Systems: Flex Roofing Systems is a US-based company that was established in 1994 and operates in the waterproofing membrane market. It offers liquid applied and sheet membranes.
8. Fosroc, Inc.: Fosroc, Inc. is a UK-based company that was established in 1932 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and liquid membranes.
9. GAF Materials Corporation: GAF Materials Corporation is a US-based company that was established in 1886 and operates in the waterproofing membrane market. It offers TPO, PVC, and other membrane systems.
10. GCP Applied Technologies: GCP Applied Technologies is a US-based company that was established in 2016 and operates in the waterproofing membrane market. It offers liquid applied and sheet membranes.
11. IKO Industries, Ltd.: IKO Industries, Ltd. is a Canadian company that was established in 1951 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and liquid membranes. In October 2020, IKO announced that it has entered a deal to acquire Axter's waterproofing membrane division from the SMAC Group.
12. ISOMAT S.A.: ISOMAT S.A. is a Greek company that was established in 1980 and operates in the waterproofing membrane market. It offers bitumen-based and liquid membranes.
13. Johns Manville Corporation: Johns Manville Corporation is a US-based company that was established in 1858 and operates in the waterproofing membrane market. It offers TPO, PVC, and other membrane systems.
14. Juta A.S.: Juta A.S. is a Czech company that was established in 1928 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and liquid membranes.
15. RENOLIT SE: RENOLIT SE is a German company that was established in 1946 and operates in the waterproofing membrane market. It offers PVC and TPO membrane systems.
16. Sika Group: Sika Group is a Swiss company that was established in 1910 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and liquid membranes. Sika has started operating a new production facility for the SikaProof structural waterproofing membrane at its existing site in Sarnen, Switzerland. The expansion will increase manufacturing efficiency and will allow Sika to serve the rapidly growing market.
17. Solmax International Inc.: Solmax International Inc. is a Canadian company that was established in 1981 and operates in the waterproofing membrane market. It offers HDPE and LLDPE geomembranes.
18. Soprema Group: Soprema Group is a French company that was established in 1908 and operates in the waterproofing membrane market. It offers bitumen-based, synthetic, and liquid membranes.
Definition: A waterproofing membrane is a type of material used in construction to protect buildings and structures from water damage.
