Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Brazil Waterproofing Market Size

The Brazil waterproofing market size was around USD 951.13 million in 2023. The market is estimated to grow at a CAGR of 5.4% during 2024-2032 to reach a value of USD 1,529.04 million by 2032.

 

Key Takeaways

  • In 2021, construction sector represented 9.7% of the country's gross domestic product (GDP).
  • Currently, Brazil has the presence of about 100 designers dedicated exclusively to waterproofing.
  • The rising popularity and construction of green buildings in Brazil offer opportunities for waterproofing materials and solutions.

 

Due to Brazil’s equatorial and tropical climatic conditions, where the north experiences frequent rainfall, waterproofing has become crucial to protect and increase the durability of building roofs and balconies. Humidity resulted by water infiltration accounts for 85% of the issues in Brazilian buildings.

 

Rising infrastructural developments in Brazil, such as the construction of roads and bridges, support the demand for waterproofing solutions. The country’s construction sector is rapidly growing, supported by rapid urbanisation and rising housing demands. The Brazilian government is increasingly spending on the development of infrastructure, including power stations, gas stations, roads, railways, bridges, and schools, among others. Such developments are expected to increase the demand for waterproofing solutions to prevent water penetration, structural damage, and degradation of buildings, to increase their longevity.

 

In Brazil, residential sales and construction activities are significantly rising. In Q1,Q2, and Q3 2022, the overall residential sales in São Paulo increased by 7.9% y-o-y to 50,728 units and residential launches rose by 4.3% to 51,715 units. The expansion of the residential sector is further supporting the Brazil waterproofing market development.

 

Brazil Waterproofing Market Report Snapshots

Brazil Waterproofing Market Size

Brazil Waterproofing Market Trends

Brazil Waterproofing Market Share

Brazil Waterproofing Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market attained a value of USD 951.13 million in 2023.

The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1,529.04 million by 2032.

The key market trends are expansion of the construction sector, favourable government initiatives supporting infrastructure growth, and rising demand for sustainable building materials.

The major applications are roofs and balconies, parking deck, bridges and highways, tunnel liners, and others.

The end uses include contractors, and retailers.

Liquid membrane, bituminous membrane, thermoplastic membrane, cementitious membrane, and others are the different types of waterproofing.

The key players in the market include Saint Gobain do Brasil Produtos Industriais e para Construcao Ltda, Selena FM S.A., Sika AG, Ceramfix Indústria Comércio De Argamassas E Rejuntes SA, Quimicryl S/A, Icobit Brasil, MC-Bauchemie Müller GmbH & Co. KG, Hydronorth S/A, MACTRA Indústria e Comércio LTDA, Bautech Brasil, Mapei Brasil Materials for Construction Ltd, Fibersals Impermeabilização em Edificações Ltda., Denver Impermeabilizantes Indústria E Comércio LTDA., RPM International, and Vedacit, among others.

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