Waterproofing Chemicals Market Trend, Share, Growth, Size, Analysis and Forecast 2028

Waterproofing Chemicals Market Size And Industry Analysis

The global waterproofing chemicals market size was worth around USD 30,582.10 million in 2021 and is estimated to grow to about USD 59,399.98 million by 2028, with a compound annual growth rate (CAGR) of approximately 11.7 percent over the forecast period. The report analyzes the Waterproofing Chemicals market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Waterproofing Chemicals market.

Request Free Sample

Waterproofing chemicals increase the life of any infrastructure work. Moreover, it prevents the water penetration or water leakage, which can be acquired with the help of waterproofing chemicals. Water penetration causes electrical and metal hazards along with the decreased life of any big infrastructure.

Rising demand from developing countries and growing quality of construction is expected to drive the global waterproofing chemicals market. However, sluggish construction sector growth in Europe is anticipated to impede the growth of the market. Nevertheless, rising construction in developing countries and need of water management in the Asia Pacific are likely to open new opportunities for the market of the global waterproofing chemicals within the years to come.

aterproofing Chemicals Market: Overview

Waterproofing Chemicals have found a wide scope of application in the construction industry across the world as the need for better infrastructure bolsters on a global scale and this trend is anticipated to propel waterproofing chemicals market potential over the forecast period.

Rapid urbanization and industrialization have boosted construction activity all over the globe and this is the major driver for waterproofing chemicals demand over the forecast period. The presence of key waterproofing chemicals companies and preference for better and advanced solutions in the construction industry is projected to be other trends that influence waterproofing chemicals market growth through 2028.

However, stringent regulatory laws will make it difficult to deploy waterproofing chemicals as they have an adverse impact on human and environmental health which is a major obstruction to the sustainability trend that the world is focusing on.

Request Free Sample

COVID-19 Impact:

The COVID-19 pandemic restricted construction activity on a global scale and had a major adverse impact on the Waterproofing chemicals market growth. The pandemic led to strict lockdowns that were imposed to curb the spread of infections which halted construction activity as laborers were not allowed to commute or work in public spaces under lockdown restrictions.

Lack of raw materials and disrupted logistics also had a negative impact on the waterproofing chemicals market growth in 2020. However, the demand is expected to see a substantial rise in the post-pandemic era as construction activity resumes on a global scale and the scope of application for waterproofing chemicals increases.  

The negative trend of the market is expected to diminish as the pandemic subsides and world construction activity resumes. The Waterproofing chemicals market is anticipated to rise at a stellar pace in the post-pandemic era and Waterproofing chemicals manufacturers are projected to see growth in sales revenue through 2028.

Waterproofing Chemicals Market: Growth Drivers

Urbanization to Drive Waterproofing chemicals Market Growth

The world has seen a notable increase in urbanization on a global scale and is anticipated to majorly influence the waterproofing chemicals market potential over the forecast period. Especially, in urbanization in emerging economies like India, China, and Brazil the demand for waterproofing chemicals will be prominent and these countries will be the most lucrative markets for waterproofing chemicals companies through 2028. High demand for developed infrastructure will also shape the market growth over the forecast period.

Waterproofing Chemicals Market: Restraints

Adverse Impact on Environment To Constrain Waterproofing chemicals Market Potential

Waterproofing Chemicals and membranes have a major adverse impact on the environment and these could potentially even be harmful to the human health in the long run. Since most chemicals are used in spray format they can easily affect the workers and create an adverse situation and hence these factors will hinder the waterproofing chemicals adoption over the forecast period. Stringent regulations against the use of harmful chemicals will further make it difficult to deploy waterproofing chemicals that are toxic in nature.  

Global Waterproofing Chemicals Market: Segmentation

The global Waterproofing Chemicals market is segregated based on chemistry, application, system/technology and region.

By Application, the Waterproofing Chemicals market is segmented into roofing & walls, floors & basements, waste & water management, tunnel liners, and others. The roofing and wall segment held a dominant share in the global waterproofing chemicals market and is projected to be the most lucrative segment over the forecast period as well. Increasing focus on avoiding leakages in buildings has majorly contributed to the growth in demand from this segment and is continued to do so through 2028

Report Scope:

Recent Developments

• In January 2022 – Saint-Gobain a leading name in the construction chemicals industry is forking out nearly USD 2 billion for GCP Applied Technologies which is known for its high-performance waterproofing solutions and other specialty construction chemicals.

Regional Landscape

Asia Pacific waterproofing chemicals market led the global Waterproofing Chemicals market in terms of revenue and volume share and is anticipated to hold this stance through the forecast period. The high growth of the waterproofing chemicals market in this region can be linked to the high demand for infrastructure development. India and China are prominent economies that will drive waterproofing chemicals market growth owing to rapid industrialization and urbanization driven by supportive government initiatives. High construction activity in residential and commercial sectors in this region will positively boost the waterproofing chemicals market growth through 2028.

Competitive Landscape

Some of the main competitors dominating the global Waterproofing Chemicals market include - .BASF SE, The DOW Chemical Company, Mapei S.P. A, Carlisle Companies Inc., Soprema Group, Pidilite Industries Limited, Fosroc International Limited, Johns Manville Corporation, Drizoro S.A.U., Conpro Chemicals Private Limited, SIKA AG

Global Waterproofing Chemicals market is segmented as follows:

On the basis of Chemistry

• Bitumen
• Elastomers
• PVC
• TPO
• EPDM

On the basis of System/Technology

• Preformed Membrane
• Coatings & LAMs
• Integral Systems

On the basis of Application

• Roofing & walls
• Floors & basements
• Waste & water management
• Tunnel liners
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa