Waterproof Membranes Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment, and Forecast 2020 - 2030

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Waterproof Membranes Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment, and Forecast 2020 - 2030

Status : September, 2021 | Chemical & Materials

Report Digest


Waterproofing membrane is a thin layer of water tight material that can be put over a surface to avoid water to pass through it. The utilisation of water proofing membrane for domestic purpose put on a flat terrace ensuring the water does not pass through the structural slab is likely to be a key growth prospect for the sector. As these membranes are strong, flexible, tear-resistant and elastic to ensure it can stretch to move over the building, their use and demand may increase. There are PVC membranes, composite membranes and sheet based waterproofing membranes. The crack bridging ability of waterproofing membranes, diversity in membrane products may act as drivers for its lucrative growth during the forecast period.

Sheet based Waterproofing Membrane to boost the Growth

As Sheet based waterproofing membranes come packaged in rolls, they provide benefit of uniform thickness throughout. Being uniform in all directions, its use is already fixed as per area and is not subjected to overuse of underuse. Bituminous waterproofing membrane is most commonly used as a type of sheet based membrane. The type can be stuck to the substrate with a hot tar based adhesives using blowtorches. With the protective backing on both sides, sheet membranes allow working in the space even when the membrane is bonding to the substrate. Backing paper in the membrane allows it to remain dust free throughout the installation process, therefore catching attention of the end users towards it.  

Growing Usage of Green Roofs may Increase the Adoption of Waterproofing Membranes

To improve the urban environment, green roofs have been increasingly in demand. The waterproofing membranes form the core part of green roof and must provide a permanent barrier that helps in long term resistance to root penetration. As green roofs reduce outdoor temperature in buildings, they can of great help for energy consumption. Waterproofing for these buildings is required as they are partially covered with vegetation. Green roofs are rapidly growing trend in many regions for absorbing carbon dioxide and also brings beauty to grey places. According to different researches, vegetation performed on green roofs can capture smog, organic compounds, heavy metals, etc. Increase in green roof also may help in saving electricity as it acts as natural cooling agent in commercial and residential buildings. Therefore, demand of green roofing and requirement of waterproofing it may fuel the sales of waterproofing membranes.   

Environmental Effects of Waterproofing

Almost every type of waterproofing membrane comes with environmental risks. During carrying out the waterproofing works, there are number of ecologically unsafe materials on the basis of polymers, bitumen, and the tars, causing a negative impact on the environment. Additionally, some water proofing products are formed from polymer and polymeric concrete composed of polyester, phenol, methanol, formaldehyde, etc., resulting in allocation of free spreading of organic compounds in the air. Furthermore, some environmental factors affecting its drying process can also act as restraint for the product. For instance, ambient temperature, substrate temperature, air flow, humidity, substrate moisture content are the factors that create problems in its drying as water proofing membranes demand exact temperature for drying which may or may not be available. Thus, inhibiting the market growth of waterproofing membranes.

Competitive Landscape

The key manufacturers in the sector are Sika (Switzerland), BASF (Germany), Mapei (Italy), Renolit (Germany), Carlisle Construction Company (US), Johns Manville (US), Fosroc (UK), GCP applied technologies (US), Kemper System America, Inc., CICO Technologies Ltd., GAF Materials Corporation, Maris Polymers, Isomat S.A., Bayer Material Science AG, Paul Bauder GmbH & Co. AG, Soprema Group, Dow, Minerals Technology, Inc., DuPont, Covestro, Pidlite, Silk AG, Fairmate Chemicals, W.R. Meadows, etc.

Alchemo’s innovation for water proofing membrane as Techcrete 2500 waterproofing agent was awarded as the most innovative product in concrete materials category in 2020. The product is two-fold time saver and is also easier and faster to apply as compared to traditional waterproofing products. TechCrete 2500 is non-toxic, 100% trafficable, and is capable of tolerating thermal stress. Also, it is an environmental friendly waterproofing solution qualifying for either a 15-year or 30-year labour and material watertight warranty.

Bituminous Self Adhesive Waterproofing Membrane developed by Henkelpolybit, LLC in 2020 is a 1 mm thick bitustick which ensures application of a minimum and uniform thick membrane. It is resistant to chlorides, alkalis, sulphates, and acids, etc. The features of the product include good crack bridging ability, tear and puncture resistance, resistance to hydrostatic pressure, and seamless adhesion and overlaps. The membrane has a good impact and abrasion resistance, for higher concentration of coarse and sharp backfill aggregates, it is important to protect the membrane with a tough, weather, warp and rot proof asphaltic protection board.

BASF in January 2020 have introduced an innovative waterproofing membrane, named MasterSeal 730 UVS in Asia. The product is easy to install without heat requirement or nay other open flame special equipment. It provides a durable and monolithic bond by forming an integral seal during the concrete pour. MasterSeal 730 UVS waterproofing sheet membrane can be integrated into structural design for below ground structures so that water tightness is ensured and also resists unwanted lateral water ingress. With the launch, the company aims to expand its versatile waterproofing portfolio under its Master Builders Solution brand.

Regional outlook

The waterproof membranes market is projected to increase with the rising construction and infrastructural development, urbanisation, economic growth in developed and developing regions, increasing consumer awareness, demand from waste water management sector, etc but recent covid-19 has impacted the industry moderately.     

Asia Pacific is likely to be the fast growing region for waterproof membranes during the forecast period. China is the largest nation in construction sector accounting for 20% of all the investments worldwide. According to Advisory firm Oxford Economics, China is expected to witness annual construction output to surge to 14.5% in 2021. Affordable housing, urbanisation in China, and non-residential infrastructure is also expected to surge the growth of waterproof membranes in the country. India is also expected to account for 7.7% construction output in 2021. According to IBEF, India is expected to become the world’s third largest construction sector by 2022. Huge investments in construction in India and government initiatives are projected to surge the demand.

In North America, requirement of waterproof membrane in ware house for healthcare, retail and automotive applications and therefore rising investments for it is anticipated to scale the market. As the household formation in North America is increasing due to rising preference for nuclear family housing structure, low mortgage rates are other factors for extensive growth of waterproof membranes. Additionally, improvement in adhesive technology, use of self adhered membranes for reducing the time and labour is projected to grow the demand.

Product penetration in advanced European countries such as UK, Germany, France, etc., may help in significant growth of waterproof membranes in the region. Increasing adoption of waste management and water conservation require adoption of liquid applied membranes more. Furthermore, investments and spending in construction sector and as per eurostats, renovation of existing buildings represent the major part of construction sector’s turnover.

Segmentation

Based on Application

  • Basements
  • Flat Roofs
  • Plant rooms
  • Podiums
  • Concrete water tanks
  • Containment areas
  • Retaining Walls

Based on End User

  • Industries
  • Commercial
  • Residential

Based on Product

  • Polymers (Polyvinyl Chloride, Thermoplastic olefin, Polyurethane, Ethylene Propylene Diene Monomer)
  • Bitumen (Styrene Butadiene Styrene, Atactic Polypropylene )
  • Polymer modified cement

Based on Type

  • Sheet based membranes
  • Liquid Applied Membranes

Based on Usage

  • Refurbishment
  • New Construction

Based on Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Questions Answered

  • Who are the leading players in waterproof membrane sector?

    Mapei (Italy), Renolit (Germany), Carlisle Construction Company (US), Johns Manville (US), Fosroc (UK), GCP applied technologies (US), Kemper System America, Inc., CICO Technologies Ltd, etc.

  • What are the types of waterproof membrane?

    Sheet based and liquid applied membranes.

  • What are the key driving trends for waterproof membrane?

    Green roofing, rapidly growing construction sector, and its crack bridging ability, etc.

  • Which countries to gold largest market share during the forecast period?

    China and India.

  • What are the types of waterproof membranes based on usage?

    Refurbishment and new construction.

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