Waterproofing Membranes Market Size Projected to Reach USD 61.69 Billion by 2034 | CAGR: 8.8%

BySheetal Gajbhiye

The global waterproofing membranes market was valued at USD 26.60 billion in 2024 , and it is projected to grow from USD 28.84 billion in 2025 to USD 61.69 billion by 2034 , exhibiting a compound annual growth rate (CAGR) of 8.8% during the forecast period (2025–2034) . This strong growth is primarily driven by increasing construction activities, rising infrastructure investments, and growing awareness regarding the importance of structural durability and water damage prevention.

Market Definition

Waterproofing Membranes : Thin layers or coatings applied to building structures to prevent water infiltration. These membranes are essential for protecting foundations, roofs, basements, tunnels, and other critical components of buildings from moisture damage, thereby enhancing longevity and safety.

Key Report Highlights

  • The liquid applied waterproofing membrane category dominated the market in 2024 , owing to its superior attributes , including uniform thickness, ease of application , and exceptional water resistance without requiring complex installation equipment.
  • The roofing segment accounted for the largest market share due to the growing demand for durable and reliable waterproofing solutions in residential, commercial, and industrial buildings.
  • In terms of region, the Asia Pacific dominated the global market in 2024 , driven by rapid urbanization, increased infrastructure development , and government initiatives promoting sustainable construction practices.
  • North America is experiencing significant market growth due to the rising number of commercial and residential construction projects , along with stricter building codes emphasizing long-term durability and energy efficiency.

Market Overview: Key Figures at a Glance

  • Market Value in 2024 : USD 26.60 billion
  • Projected Market Size in 2025 : USD 28.84 billion
  • Projected Market Size in 2034 : USD 61.69 billion
  • Anticipated CAGR (2025–2034) : 8.8%

Get access to the full report or request a complimentary sample for in-depth analysis: https://www.polarismarketresearch.com/industry-analysis/waterproofing-membranes-market 

Market Growth Drivers

The growth of the waterproofing membranes market is being fueled by several key factors:

  • Rising investment in infrastructure and real estate development globally
  • Increasing adoption of green building standards that emphasize moisture control and sustainability
  • Growing focus on renovation and retrofitting of aging buildings to improve resilience against weather-related damages
  • Technological advancements in membrane materials offering improved flexibility, UV resistance, and chemical stability
  • Expansion of smart cities and industrial complexes requiring high-performance waterproofing systems

Market Key Players

The competitive landscape features a mix of global leaders and regional manufacturers striving to enhance product performance, expand production capacities, and meet evolving customer demands. Notable participants include:

  • 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.
  • Sika AG

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