Waterproofing Chemicals Market To Reach $10.72 Billion By 2030

Waterproofing Chemicals Market Growth & Trends

The global waterproofing chemicals market size is expected to exceed USD 10.72 Billion in 2030 and is projected to grow at a CAGR of 6.8% from 2024 to 2030. Construction industry growth is anticipated to drive the market growth of waterproofing chemicals. The government of China, India, France, and the U.K. have framed numerous policies for clean groundwater and landfilling, which is anticipated to increase the application of waterproofing chemicals over the forecast period.

Roofing applications of waterproofing chemicals accounted for the highest market share in 2023. The rising popularity of roofing membranes to prevent water leakage in residential and commercial structures is expected to fuel waterproofing chemicals market demand in the near future.

 Request a free sample copy or view report summary: Waterproofing Chemicals Market Report

Waterproofing Chemicals Market Report Highlights

• Bitumen was the largest product segment, accounting for over 54.3% of global market revenue in 2023. Increasing application of bitumen as roll roofing component in residential and commercial building structures on account of its unique properties including high viscosity and stickiness is expected to have a positive impact on the market.

• Gaining popularity of thermoplastic polyolefin (TPO) on account of being heat-reflective and an energy-efficient roofing system is expected to have a positive impact on market growth over the next seven years.

• Building structures are anticipated to remain the fastest-growing application segment on account of increasing government expenditure on infrastructure improvement in Brazil, India, China, Mexico, and Saudi Arabia.

• Asia Pacific was the largest waterproofing chemicals market, accounting for over 45.7% of the market revenue in 2023. The growing housing sector in China and India in light of increasing urbanization and population growth is expected to fuel the waterproofing chemicals market over the forecast period. The government of India announced the National Manufacturing Policy in 2011, intended for enhancing the production output in chemicals, automotive, pharmaceutical, and food & beverage industries at the domestic level. This regulatory move is anticipated to increase the penetration of commercial structures, which is likely to fuel waterproofing chemicals market demand in the near future.

• Major waterproofing chemicals manufacturers include companies, such as Conpro Chemicals, Triton Chemicals, Dow Chemical Company, Pidilite Industries, Bostik, and Sika. The expansion of refining capacity in the Middle East is anticipated to ensure raw material access for waterproofing chemical manufacturers in the near future.

Waterproofing Chemicals Market Segmentation

Grand View Research has segmented the global waterproofing chemicals market report based on product, application, and region

Waterproofing Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)

• Polymer

  • PVC

  • TPO

  • EPDM

  • Others

• Bitumen

  • SBS

  • APP

  • Others

• Others

Waterproofing Chemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)

• Roofing

• Walls

• Building structures

• Landfills & tunnels

• Others

Waterproofing Chemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Belgium

  • Russia

• Asia Pacific

  • Japan

  • India

  • China

  • South Korea

  • Southeast Asia

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

List of Key Players in Waterproofing Chemicals Market

• Pidilite Industries Ltd.

• MAPEI S.p.A.

• BASF SE

• Sika AG

• Dow

• Carlisle Companies Inc.

• DuPont

• Mitsubishi Chemical Group Corporation

• Evonik Industries AG

• Bostik

• Wacker Chemie AG